Bankruptcy Attorney in Cleveland, OH
Most people fear the bankruptcy process because they do not know how it can help them resolve financial issues that are being faced on a daily basis. The free consult that our office offers will provide you with all the information you need to learn how to get your life back in order. Not only do collection efforts and garnishments stop, but our office offers tips on how to rebuild your credit after filing. In some instances, we will not recommend bankruptcy if it is not appropriate for your situation.
A Chapter 7 bankruptcy allows a person to eliminate all debt and in most instances, retain your home and motor vehicles. In certain circumstances, tax liabilities can also be eliminated or reduced. The Chapter 7 process is relatively quick and your discharge is obtained within several months of filing, allowing you to begin rebuilding your credit.
Chapter 13 bankruptcy is similar to the bankruptcy cases that major corporations file but it is structured for the typical homeowner. Chapter 13 can be used to help regain possession of a repossessed vehicle or stop a foreclosure in its tracks. It is also useful in forcing taxing agencies to accept payments over a period of time and avoid bank attachments and garnishments. A Chapter 13 consists of filing a plan of repayment over a period of three to five years.
Even if you have filed a Chapter 7 recently, you may still be eligible to file a Chapter 13 in order to preserve your assets. The free consult our office offers will answer all the questions you may have.
Law Practice Areas:
- Consumer Bankruptcy
- Chapter 7
- Chapter 13
- Foreclosure Mediation and Defense
- Stop Creditor Harassment
- Stop Garnishment
- Stop Auto Repossession