When an someone files for bankruptcy, the individual is attempting to handle their financial responsibilities properly. If an organization tries to collect a debt that was discharged as part of a prior bankruptcy filing, they may me violating your rights. Recently, the attorneys at Cleveland Bankruptcy Attorneys represented a man who previously became entangled in significant debt and sought relief through Chapter 7 Bankruptcy. After completing the process, which included 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.
Bankruptcy Filing Clears Payday Loan Debt For A Man in Canton, Freeing Up Money For Other Bills
It’s an unfortunate reality that if you find yourself in an uncertain financial position, a person needs to adapt. Recently, Cleveland Bankruptcy Attorneys represented a man from Canton, receiving worker’s compensation due to a workplace accident. Our client was accustomed to a certain level of income and found it difficult to maintain this lifestyle after his unanticipated injury. His concerns about debt collection were reasonable because prior to contacting our Read More
Good Debt vs. Bad Debt
Debt is becoming a bigger and bigger problem here in the U.S. More and more Americans struggle under the financial burdens of debt every year, making it a struggle to get by. Unfortunately, this has led to many misunderstandings about debt, demonizing any debts as a bad thing and making people forced to take on any debts feel guilty. In reality, there are good debts and bad debts, and it’s Read More
Cleveland Woman Spared From $129,000 Debt And Offered A New Payment Plan With Chapter 7 Bankruptcy
A woman in Cleveland, supporting her 29-year-old daughter with disabilities contacted the attorneys at Cleveland Bankruptcy Attorneys after she became $129,000 in debt. A substantial area of her concerns stemmed from a payment plan from furnishing her home with items from a rent to own company. Essentially, due to high-interest rates and small monthly payments spread over a long period, a $500 item could end up costing $1,500. Our client Read More
Husband And Wife With Significant Medical Debt File For Chapter 7 Bankruptcy
Not too long ago, a husband and wife from the Canton area found themselves facing a significant amount of debt – just over $100,000. The graphic designer and marketing professional had medical debt of which the doctor continued to send collection notices to their residence, attempting to sue them for payment. Around the same time, they became behind on paying their mortgage. They chose the legal representation of the bankruptcy Read More
Youngstown Couple Sees Settlement In Unfair Debt Collection
Recently, Cleveland consumer protection lawyer Cleveland Bankruptcy Attorneys filed Chapter 7 bankruptcy for a husband and wife out of Youngstown, Ohio. In this debt, the couple had a loan for a car that had been repossessed. About six months after their bankruptcy case was resolved, a nationwide debt collection law firm sent them a notification that they had an unpaid debt. Under threat of a lawsuit, the collection firm was Read More
$500,000 In Student Loan Debt Reduced To $120,000 For Cleveland Woman
A 26-year-old woman in the Cleveland area was struggling to repay the $500,000 in student loan debt she had accumulated with the $19,000 she was making annually as an artist. Looking for help, the woman turned to a law firm in the area but was told there was nothing she could do except continue to make payments. Unable to manage the large monthly payments that had begun to consume her Read More
Can Creditors Still Collect Debt That Was Wiped Out by Bankruptcy?
When you are overwhelmed by debt, bankruptcy can offer you a fresh start financially. Your debts are wiped out, and you can start over with a clean slate. Sometimes, though, creditors, debt collectors, and collection attorneys threaten these rights to a fresh start and try to collect on a debt that was wiped out by bankruptcy. Many clients come to us full of worry, wondering, “Can creditors still collect a Read More
Man Falling Behind On Payday Loans Gains Control Over Finances After Filing Bankruptcy
A man in his late 20s from Parma, Ohio found himself in a worsening financial state after taking out a series of payday loans. When the payment for his first loan was due, he was unable to pay it. From there he took out another payday loan to pay for his prior loan and continued to do so with six different attempts, in a vicious and somewhat never ending cycle. Read More
Can I Keep My Tax Refund While Filing for Bankruptcy?
When you are considering bankruptcy, every little extra bit of money can help, which is why many people worry about the impact of a bankruptcy on an income tax refund asking, “Can I keep my tax refund while filing for bankruptcy?” Unfortunately, the answer isn’t so clear-cut. Generally, the trustee will want to take your tax refund and include it as an asset in the estate, because it is both Read More