It is important to know that life continues after bankruptcy and it is vital to find very knowledgeable bankruptcy lawyers, who can help find long-term solutions and financial strategies. Such was the case for a couple from Youngstown, Ohio when their inability to keep up with their bills resulted in a great deal of financial insecurity. Specifically, the couple owed approximately $33,000 on their second mortgage, became past due on Read More
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.
Toledo Couple Improves Their Finances Through A Chapter 13 Bankruptcy
Recently, a married couple from Toledo came to the Ohio bankruptcy attorneys at Cleveland Bankruptcy Attorneys, when their financial situation became unsustainable. Their income was primarily based on the husband’s career as a self-employed contractor; however, this posed some challenges since it fluctuates, depending on the season and work availability. Consequently, the couple fell behind on their monthly expenses, their home was placed in foreclosure, they became past due on Read More
Donald Trump On Student Loan Debt
In May 2016, the U.S. Federal Reserve reported that student loan debt has climbed to $1.26 trillion. With college tuition increasing every year, it’s hard for students to imagine getting a four-year degree without help from student loans. When these students graduate, they are then saddled with having to pay back several thousand dollars in loans no matter what their job salaries are. Additionally, student loan debt is nearly impossible Read More
5 Ways to Rebuild Your Credit after Bankruptcy
When you file for bankruptcy, you become aware that your discharge will have two immediate effects: it will allow you to eliminate a lot of your debt (or organize it into affordable payments, depending on which chapter you filed for) and it will lower your credit score. How much it lowers your score, according to the Fair Isaac Corporation (FICO), depends on your entire credit profile. For example, someone with Read More
Why Filing For Bankruptcy Should NEVER Be A DIY Project
Filing for bankruptcy is not an easy decision; many people in debt will struggle for months, or even years, before turning to bankruptcy as a plausible option. If you’ve decided to file, you may be thinking about filing on your own (known as filing pro se); after all, you’re in financial trouble, which is why you’re Filing for bankruptcy in the first place. How can you afford an attorney when Read More
$12,000 Settlement For Collection Calls After Bankruptcy
If you’ve previously discharged your debt in a properly executed bankruptcy and are still being contacted by creditors, it is essential that you reach out to qualified bankruptcy lawyers, who can help set things right and stop collection calls after bankruptcy. For example, in 2008 a couple got a little over their heads in debt and appropriately filed for chapter 7 bankruptcy protection. This essentially eliminated their debt, including their Read More
Can You Get a Mortgage After Bankruptcy?
If you’re considering filing for bankruptcy, you probably have a lot of questions about the process and how it will affect your credit score. You may be wondering what you should do to turn your credit around after the bankruptcy discharge. The Cleveland Bankruptcy Attorneys can help. Call them today at (216) 586-6600 for answers to your questions. Qualifying for a Mortgage After Bankruptcy One of the most important issues Read More
$10,000 Settlement After Unsuccessful Debt Consolidation
In today’s tumultuous financial environment there are a lot of individuals and businesses preying on people in desperate need for relief. Not long ago, the trusted and skilled attorneys with Cleveland’s Cleveland Bankruptcy Attorneys were retained, when an unscrupulous and ineffective California law firm caused greater financial woe for a woman with a lot of unsecured debt, despite having paid considerable fees. The woman was initially hesitant about filing bankruptcy Read More
5 Signs You Have Too Much Debt
For many, paying down debt seems like an impossible task. You spend nearly all of you weekly paycheck paying bills, having barely anything left over, and yet it seems like the balances you owe don’t even budge. Trying to keep ahead of debt can be extremely difficult and sometimes feels impossible. If you’re one of the many who cannot keep up, it’s possible that you have too much debt and Read More
Collection Attempts After Bankruptcy Halted By Filing Suit
It’s a fairly common complaint that large corporations don’t always know what their separate departments are doing. This confusion can lead to a less than stellar customer experience and very harmful business practices. Recently, representatives from a major car dealer were engaging in collection activity, even though the woman in question’s debt was previously discharged through a chapter 7 bankruptcy. These repeated collection efforts for a debt that she no Read More