Recently, a client of Cleveland Bankruptcy Attorneys found himself in need of help when loans his mother co-signed for (and took out in his name) were catching up to him and his family. Initially, the client’s mother co-signed on a student loan that would help pay for his education. Additionally, she took out a loan in her own name to help with any additional expenses for the client. Worried that 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.
Client Facing Creditor Harassment Obtains a Financial Settlement
A client of the Cleveland bankruptcy lawyers of Cleveland Bankruptcy Attorneys recently found themselves in a challenging financial situation that resulted in them filing for a Chapter 7 bankruptcy. Because of the nature of a Chapter 7 filing, the client and their family had to move out of their home, as they could no longer afford it. In the midst of this situation, the mortgage servicing company on their home Read More
Financial Settlement Obtained After Harassment in Chapter 7 Bankruptcy Case
Recently, the Cleveland Bankruptcy Attorneys helped a client who was facing creditor harassment in the midst of her Chapter 7 bankruptcy case. Knowing she had to notify this creditor as she had a debt with them, the client worked with Cleveland Bankruptcy Attorneys to ensure that proper notification of her bankruptcy filing was provided to the proper parties. Despite receiving notice of the filing, the bank continued to harass the Read More
What Happens to Student Loans in a Bankruptcy?
Student loan debt is more difficult than most debt to discharge. It also ranks second among causes of consumer debt, behind mortgages and ahead of credit cards with over 44 million U.S. borrowers owing roughly one and a half trillion dollars in student loans. What separates student loans from other forms of debt has traditionally been bankruptcy; while credit card and mortgage debt are discharged in bankruptcy, student loan debt Read More
Who Will Be Present at the Meeting of Creditors?
Filing bankruptcy can be difficult. You may want to keep the entire process confidential and avoid involving others as much as possible. However, one meeting you must attend is the meeting of creditors. Read below to know who will be present at the meeting of creditors so that you are prepared. If you are considering bankruptcy, you should talk to a skilled legal advisor. Cleveland Bankruptcy Attorneys can help you Read More
What Happens If You Owe Taxes and Can’t Pay Them?
Tax time isn’t the most enjoyable part of spring, especially for those who end up owing the IRS. It can be even more dreadful if you can’t afford to pay everything that you owe. The IRS can decide to hit you with interest on the balance due, and they may even assess a late payment penalty. If that happens, you’re stuck paying even more money than before. Read below to Read More
Top Bankruptcy Myths Exposed: What Are the Facts?
If you’re thinking about filing for bankruptcy, chances are you’ve done a little research on the topic. While the resources you’ve come across aren’t completely unreliable, they may not provide the clearest picture of how bankruptcy will affect you. The best way to learn about options available for your unique situation is to consult a Cleveland bankruptcy lawyer. An attorney can explain the different types of bankruptcy, review your personal Read More
Getting a Car Loan After Bankruptcy
When you are awarded a bankruptcy discharge, you are usually anxious to get started on your new, debt-free life. Often this means making purchases on items you lost in bankruptcy or you could never afford before. For example, you may want to buy a new car, but you’re not sure if you can get approved by a bank. While getting a car loan after bankruptcy is not impossible, it can Read More
Reaffirming Debt After Bankruptcy
When you file for bankruptcy, it’s usually because you have too much debt and you want a fresh start. Bankruptcy eliminates debt, but it often means you have to give up some possessions as well, especially those that have a loan on which you’re still paying. However, it is possible to keep some of these items if you’re open to reaffirming the debt after bankruptcy. Below are some pros and Read More
Ways to Quickly Improve Your Credit Score
Your credit score is extremely important as it can help you get a loan for a new car, secure a mortgage, or land a new job. If you’ve struggled with debt and you’re trying to get your finances right, there are a few ways you can quickly improve your credit score. For more information on how to improve your credit score or your debt options, contact an Ohio debt relief Read More