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
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.
$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
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
Toledo Man Protects His 401K After Bankruptcy
After a prolonged period of unemployment, a 50-year-old man from Toledo acquired a new position in auto sales but needed some help with an untenable financial situation. During the time he was looking for work, he was living off of his credit cards, which resulted in over $200,000 in debt and creditors were beginning to garnish his wages. The man knew that he need to pursue a program to reduce Read More
Bankruptcy Alleviates Debt And Stops Wage Garnishment In Akron
In Akron, Ohio a 35-year-old teacher retained bankruptcy lawyers from Cleveland Bankruptcy Attorneys after a previous Chapter 13 bankruptcy filing with a different firm did not alleviate his concerns and was ultimately dismissed. The man was essentially unable to keep up with his house payments and other debts; therefore, he needed to surrender the property and find some financial relief. He also had the added limitation of his employer garnishing 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
Cleveland Woman Finds Relief After A Failed Debt Consolidation
With so much of a person’s financial well-being depending on their credit report, people in financial trouble have started looking to debt consolidation companies. These organizations have become popular based on lofty promises of improving your circumstances without going through a bankruptcy filing. They claim to accomplish this by negotiating repayment plans with your creditors, who will accept a lower total amount. However, it is important to note that their Read More
After A Failed Engagement, Chapter 7 Bankruptcy Stops Wage Garnishment
After a Cleveland man’s engagement ended, the relationship left him with serious financial problems, such as wage garnishment that required the services of Cleveland Bankruptcy Attorneys. During their time together, the man bought his fiancé a car and some expensive jewelry, including a lavish engagement ring. The relationship eventually ended and the woman reportedly moved out of state, taking the vehicle and the jewelry with her. In due course, the Read More