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Bankruptcy Blog

Contact us today!Whether you’re deep in debt or struggling to stay up with bills, there’s a solution to your financial situation. The Cleveland Bankruptcy attorneys have the knowledge and experience to fight for your best interest. Contact a Cleveland Bankruptcy attorney today to discuss your options at or email us at advice@clevelandbankruptcyattorney.com.

Consumer Financial Protection Bureau Fines Credit Agencies for Deceiving Consumers

In January 2017, the Consumer Financial Protection Bureau (CFPB) took action against credit agencies TransUnion and Equifax, Inc. as well as their subsidiaries for lying to customers about credit scores they sold to them. The CFPB asserted that the agencies were dishonest about the actual cost and usefulness of credit score provided. Additionally, the agencies made false promises to convince consumers to pay large recurring payments. The CFPB ordered TransUnion Read More

How Often Can You File for Bankruptcy in Ohio?

People suffering under too much debt often choose to file for bankruptcy to allow them a fresh start with their finances. But what happens if your fresh start gets plagued by more debt and you need additional help? How often can you file for bankruptcy in Ohio? If you have questions about bankruptcy and how often you can file, contact our experienced Cleveland bankruptcy attorneys at Luftman, Heck & Associates. Read More

Do I Have to Go to Court if I File Bankruptcy?

Filing for bankruptcy is overwhelming and frightening. If you are going to file for bankruptcy, you may be wondering whether you will have to go to court. The answer is probably not. You will likely never have to step inside the U.S. Bankruptcy Court or meet the judge responsible for your case. If you are planning on filing bankruptcy, it’s imperative that you consult an experienced Cleveland bankruptcy lawyer who Read More

How Long Will My Bankruptcy Take?

If you are considering bankruptcy, you likely have many questions about the process. One of the questions you probably have is how long your bankruptcy will take. The amount of time your bankruptcy will take is largely dependent on the type of bankruptcy you file. A Cleveland bankruptcy attorney can help you determine whether Chapter 7 or Chapter 13 bankruptcy makes the most sense for your specific situation. Call our Read More

Court Fees for Chapter 7 and Chapter 13 Bankruptcy

If you are thinking about filing bankruptcy, you are probably wondering about the expenses involved. In addition to attorney fees, you will have to pay court fees in order to file your bankruptcy. Court fees in bankruptcy cases are used to pay for administrative costs and depend on the type of bankruptcy filed. A Cleveland bankruptcy lawyer can inform you of the court fees for your particular bankruptcy case as Read More

Can I File for Bankruptcy with No Money?

If you’re deeply in debt, chances are you may be looking into bankruptcy as a way to relieve some or all of your financial burdens. However, bankruptcy comes with its own set of fees, and if you plan to work with an attorney to ensure your bankruptcy is filed correctly, you will incur attorney fees as well. It’s kind of a catch 22 – you’re thinking of filing for bankruptcy Read More

Filing Bankruptcy When Self-Employed

It can be incredibly rewarding to own your own business. It can also be incredibly expensive – between marketing, payroll, and other overhead costs, you may find yourself spending a lot to keep your business running. Add to that a couple of months where maybe your profits didn’t exceed your expectations, and you’re looking at an enormous amount of debt. When your self-employment costs get out of hand, it might Read More

Should I File for Bankruptcy Before or After Christmas?

The holidays are right around the corner, which means many people will be frequenting more shops and restaurants as they prepare for their various festivities. If you’re out buying gifts, stocking up on cookie-baking supplies, or meeting friends for celebratory nights out, you’re probably also seeing an increase in your credit card bills. For those who are already dealing with huge debts, the holidays can be especially stressful. In fact, Read More

Pros and Cons of Declaring Chapter 11 Bankruptcy

Chapter 11 bankruptcy is a bankruptcy option that is typically available to large corporations. This type of plan often referred to as a debt reorganization, is favorable for businesses because it allows them to keep running and making a profit while paying off their debts. There are many positive aspects of the plan, and a few negative elements to consider when weighing the different bankruptcy options. Below is a brief Read More

5 Ways to Control Your Holiday Credit Card Debt

It is the most wonderful – and wonderfully expensive – time of year. Between presents, decorations, parties, and dinners out, your wallet can take a serious hit during the holidays. In fact, many Americans fully intend to rack up a large credit card debt during the season, admitting that they’ll need three months or more to pay it all off. If you want to make the most of your holiday, Read More