Go to Top

Archives

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 (216) 586-6600 or email us at advice@clevelandbankruptcyattorney.com.

What Can I Keep if I File for Chapter 7 Bankruptcy?

Chapter 7, the most common bankruptcy filed by people in the U.S., is essentially a debt cancellation. If you do not have enough income to pay your creditors, you can file for Chapter 7 bankruptcy to have the debts discharged, giving you a fresh start financially. Can I Keep My Belongings If I File Chapter 7 Bankruptcy? A big hesitation for individuals considering Chapter 7 revolves around the requirement to Read More

How Couples Go Through Bankruptcy

Many people view the debts you incur in marriage as joint debt. After all, what’s yours is mine, and what’s mine is yours. While we usually think of marital debt as shared, couples today marry later in life and live together without marrying for longer — waiting nearly five years on average to get married, according to Business Insider. Since couples aren’t sharing finances until later in life, it is Read More

Are More COVID-Bankruptcies On the Way?

It’s no surprise that the COVID-19 pandemic has had an unprecedented effect on the world economy. But despite the pandemic recession and economic turmoil, personal bankruptcies in the U.S. declined significantly in 2020 and 2021 — by about 30% from 2019. However, those numbers could rise again. With the pandemic seemingly waning, several factors have evolved that could cause a new wave of bankruptcies in the coming months. How COVID Read More

Do You Need a Debt Settlement Lawyer?

No matter what type of financial difficulties you’re experiencing, there is a solution to your problem. An experienced debt settlement lawyer at Luftman, Heck & Associates helps you explore your options. Our Cleveland bankruptcy attorneys analyze your situation to determine the best solution to get you out of debt and into financial freedom. When To Call a Debt Settlement Lawyer in Cleveland It can be challenging to know whether you Read More

How To Stop Wage Garnishment Without Bankruptcy

Are your wages being garnished to pay off a debt? You have options to stop creditors from taking money out of your paycheck. Although bankruptcy is one option, it may not be the best solution for you. Request a Court-Appointed Trustee Under Ohio law, you may be able to avoid wage garnishment if you enter into a trusteeship. Trusteeships can stop wage garnishment and prevent creditors from harassing you for Read More

Can I Discharge an Unemployment Overpayment in Bankruptcy?

Your unemployment benefits might not be enough to pay for housing, insurance, groceries, and other expenses. Now, to make matters worse, you’ve received a letter telling you the state overpaid you and wants its money back. The COVID-19 pandemic forced many people out of work for months, causing tremendous financial hardship. If you are in debt and considering bankruptcy, please keep reading to find out if you can discharge unemployment Read More

How Much Does a Bankruptcy Attorney Cost?

A 2016 study revealed that the average national average cost for a Chapter 7 case was $1,450 and $3,000 for a Chapter 13. But these averages can shift dramatically based on various factors. Some of these are discussed below. Bankruptcy Fees Bankruptcy is not automatically free. Generally, it requires a filing fee. You’ll want to look up the fee schedule for the court where you’re filing for bankruptcy. In Ohio, Read More

Can Criminal Fines Be Discharged in Bankruptcy?

No one decides on bankruptcy because of one over-due bill. Instead, most people are behind on numerous debts, including their mortgage or rent, auto loan, credit cards, student loans, taxes, and in some cases, restitution, criminal fines, and court fees. You must understand what is and is not dischargeable in bankruptcy, especially if you’re weighed down by certain fines based on a past criminal conviction. While bankruptcy may still be Read More

Is Student Loan Discharge in Bankruptcy Possible?

You’ve probably resigned yourself to paying your student loans for decades. No matter how bad your financial situation, you know they aren’t going away. Bankruptcy can help with a credit card, medical, mortgage, and other debts, but not with student loans. Historically, private and federal student loans can’t be canceled by bankruptcy. That could all be changing, though. A few court decisions have recently made it clear that there are Read More