If you’re struggling to pay off debt and you’d like some help, there are two options to consider: debt relief or bankruptcy. Both programs offer to help you get rid of your debt while keeping your head above water. However, although good options, both debt relief and bankruptcy can have some downsides. Below is a list of advantages and disadvantages to keep in mind when considering if debt relief or 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.
How Does Bankruptcy Affect Co-Signed Loans?
Co-signed loans are ones where the lending institution did not feel you should have sole financial responsibility, so they required you to have a more creditworthy person sign the loan agreement with you. A co-signer vouches for you, and is essentially on the hook to repay the loan if you default. If it looks like you can no longer afford your co-signed loan, you may want to contact a Cleveland Read More
Will Bankruptcy Stop an Eviction?
If you’ve received an eviction notice due to nonpayment of rent, you may be able to stop the process. Chances are, if you can’t afford your rent, you’re struggling to pay other bills as well. When you’re looming under the threat of becoming homeless because you can’t afford to pay your rent, it may be a good idea to talk to a Cleveland bankruptcy lawyer. At Cleveland Bankruptcy Attorneys, we Read More
Sandusky Woman Keeps Rental Property & Assets with Chapter 13 Bankruptcy
The bankruptcy lawyers at Cleveland Bankruptcy Attorneys recently aided a woman from Sandusky, who was originally interested in pursuing a chapter 7 bankruptcy to erase her excessive medical and credit card debts. The woman was primarily living off a pension and social security; however, she did own other properties and received some rental income that she wanted to retain. Since our lawyers try to get to know our clients and Read More
Retired Woman Avoids Eviction & Sees Financial Relief through Chapt 7 Bankruptcy
A retired woman with a disabled son came to our offices after a car accident led to the loss of her license and a very precarious financial situation. After the accident, the woman who lived on a very fixed income had the added expenses of needing a new car and extensive medical bills. This led to falling behind on her rent and put her in danger of being evicted. Our Read More
Refund Obtained after Student Loan Consolidation Company Fails to Reduce Balance
The attorneys at Cleveland Bankruptcy Attorneys have seen a growing trend of debt consolidation advertisements claiming to know about programs that forgive student loan debt for people having difficulty paying student loans. Not long ago, a client from Cuyahoga County reached out to our Cleveland student loan attorneys after nothing was done to lower their balance despite being paid for their services. We reviewed this private company’s actions and ultimately Read More
Canton Man Keeps Assets Through Chapter 7 Bankruptcy
A man in Canton, Ohio recently contacted our skilled bankruptcy lawyers to discuss his level of credit card debt and monthly expenses after a divorce left him paying his normal level of expenses on a single income. After working hard over the years, his main concerns were related to keeping his union pension, annuity, and other personal assets including a paid off vehicle and a cherished gun collection. This notion Read More
Woman Stops Wage Garnishment after Debt Collector Uses Out-Dated Address
When a woman living in the suburbs of Cleveland suddenly saw her wages garnished, she understandably became very concerned. After learning that a debt collector had filed a lawsuit against her and was awarded a judgment without even knowing about it, she contacted the Cleveland debt collection attorneys with Cleveland Bankruptcy Attorneys. We examined her situation and quickly learned that the collection agency in question had used an outdated address Read More
What Is a Credit Freeze and Understanding the Equifax Hack
Security breaches at Equifax have exposed the names, Social Security numbers, birth dates, and other personal information of as many as 143 million Americans. On top of that, the Wall Street Journal has recently reported that hackers also stole the records of 10.9 million driver’s licenses. To put it simply, the Equifax hack is a crisis of unprecedented proportions. How Can Criminals Use the Equifax Breach to Their Advantage? A Read More
Young Couple Erases $20,000 in Credit Card Debt in Chapter 7 Bankruptcy
At Cleveland Bankruptcy Attorneys, we recently helped a couple from Akron when $20,000 in credit card debt became too much to manage. The young couple had met in college and like many students, they didn’t appreciate how interest payments and monthly balances could affect their long-term stability. Because they were now out of school and fully employed, they were initially unsure if they were good candidates for assistance. However, after Read More