Deciding whether or not to file for bankruptcy is a struggle for many. The idea of getting all your debts eliminated is appealing, but, bankruptcy makes people nervous. Chapter 7 bankruptcy in particular can be intimidating because many people believe it will ruin your credit forever. And while any bankruptcy affects your credit, you may find Chapter 7 gives you a new beginning, rather than an ending. Below are some 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.
Ohio Bankruptcy FAQ: What Is a Means Test?
There are two types of personal bankruptcy available – Chapter 7 and Chapter 13. Both have benefits depending on your situation and need. Chapter 13 creates a payment plan so it is easier to pay off at least portions of your debts in three to five years. Chapter 7 totally wipes away your debts and gives you a clean slate after selling off certain assets. The catch to Chapter 7 Read More
How Often Can You File for Bankruptcy in Ohio?
People suffering under too much debt often choose to file for bankruptcy to get a fresh start. But what happens if you suffer additional setbacks, acquire more debt, and need additional help? Can you file for bankruptcy more than once in Ohio? If you have questions about bankruptcy and how often you can file, contact the experienced Cleveland Bankruptcy Attorneys. We will work with you to determine your best options. Read More
The 6 Stages of Bankruptcy
While most people know that bankruptcy is a way to discharge or eliminate debt, few know how it happens. Not knowing what to expect during the bankruptcy process can make the idea more intimidating than it has to be. In reality, the filing for bankruptcy protection is not overly burdensome. And with help from an experienced and committed Cleveland bankruptcy law firm, you can usually go through the whole process Read More
Chapter 13 Bankruptcy: Can You Buy Or Sell A House ?
After filing for Chapter 13 bankruptcy, you give up a lot of financial control to your bankruptcy trustee. Even though you keep possession of your property, like a home, it becomes part of your Chapter 13 bankruptcy estate. The trustee manages this estate and makes major financial decisions that affect your property. This includes buying or selling a home. While the trustee must approve the transaction beforehand, you can buy Read More
COVID-19: Ohio Eviction & Housing Protections
There’s a lot of confusion around about whether or not you can be evicted for not paying rent during COVID-19. In Ohio, you must keep paying rent. If you fail to pay rent in April or May and are unable to catch up quickly, your landlord can still try to evict you. Ohio hasn’t formally stopped evictions and foreclosures during the COVID-19 pandemic, though your local jurisdiction might delay the Read More
COVID-19: Bankruptcy Court Closures in Cleveland
COVID-19 has impacted the lives of many in Cleveland. As the situation continues to evolve, Cleveland Bankruptcy Attorneys and our Cleveland Bankruptcy Attorneys want to reassure our clients and the communities we serve that are taking this situation seriously, and putting safety measures in place that prioritize the health and well-being of our clients and staff. We also want to ensure you get the answers and consummate legal guidance you Read More
Medical Bills: The #1 Cause of Personal Bankruptcy in the U.S.
No one wants to admit the water is over their head. It’s difficult to say to yourself, let alone family and friends. But when you’ve faced a medical emergency, the bills can become overwhelming. Far too many Americans use their savings and retirement funds to pay medical bills, only to have them become more than they could ever hope to pay back. This is why medical bills have become one Read More
Still Getting Collection Calls After Bankruptcy? Here’s What to Do
After filing for bankruptcy protection, creditors should immediately cease their collection efforts. Unfortunately, they frequently fail to listen, and you may continue to be harassed. If you are frustrated by creditors calling despite an active bankruptcy or even after a debt has been discharged, reach out to a Cleveland bankruptcy lawyer at Cleveland Bankruptcy Attorneys. We can help protect your life after bankruptcy. Call us today at (216) 586-6600 to Read More
Will Bankruptcy Protect Me from a Lawsuit?
No one likes the idea of having to file bankruptcy. But sometimes debts become insurmountable and creditors relentless. The only viable choice may be to seek bankruptcy protection. Not only can you get a financial fresh start, but there can be a positive effect of bankruptcy on lawsuits, including those filed by your creditors or debt collectors. Depending on your circumstances, bankruptcy can eliminate your debts through liquidation of most Read More