Recently, the Cleveland Bankruptcy Attorneys assisted a client who was facing financial issues related to their Chapter 13 bankruptcy filing, and the mortgages on their home. Cleveland Bankruptcy Attorneys successfully compromised the first mortgage, and wiped out a second mortgage for the client. As a result, they saved approximately $10,000.00 between principal and interest. Prior results do not guarantee a similar outcome in your case. Individual results may vary based 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.
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
Court Fees for Chapter 7 and Chapter 13 Bankruptcy
If you are thinking about filing bankruptcy, you are probably wondering about the expenses involved. In addition to attorney fees, you will have to pay court fees in order to file your bankruptcy. Court fees in bankruptcy cases are used to pay for administrative costs and depend on the type of bankruptcy filed. A Cleveland bankruptcy lawyer can inform you of the court fees for your particular bankruptcy case as Read More
Can I Get My Car Back If It’s Repossessed?
People often think that filing for bankruptcy means saying goodbye to all of your possessions. How do you get yourself out of debt if you don’t give up everything you own to be sold in bankruptcy court? In some cases, it’s true that you will need to relinquish assets. In Chapter 7 bankruptcy, selling your assets allows you to pay off your primary and secure debts, which wipes out your Read More
In Youngstown, A Chapter 13 Filing Stops Foreclosure And Settles Tax Debt
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
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
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
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
5 Common Bankruptcy Misconceptions
The word “bankruptcy” seems to carry a certain stigma for many people. A person who files for bankruptcy often earns the reputation of being a deadbeat who would rather make his bills go away than actually pay them. The truth is, consumer debt is a real and scary problem for many, and there are times when you need to admit that you simply cannot afford to pay back everything you Read More
Man in Grafton Retains Property After Bankruptcy
For anyone in a financial crisis, the notion of pursuing bankruptcy is very stressful and there are several misconceptions and myths that may make a good candidate hesitant. In these cases, it is imperative to consult with the knowledgeable Ohio bankruptcy attorneys at Cleveland Bankruptcy Attorneys, who can help you navigate the process and answer any questions you may have. Recently, a disabled man in his 60’s from Grafton, Ohio, Read More