Chapter 7

Chapter 7 bankruptcy exemptions can provide additional protections to struggling consumers who have filed for Chapter 7 bankruptcy relief. Because of the importance of Chapter 7 bankruptcy exemptions, filing parties and those considering filing for Chapter 7...

When people in Ohio struggle with overwhelming debt, they may consider personal bankruptcy. However, many factors may hold people back from taking the leap, even as they deal with relentless collection calls and a declining credit score. Some may worry that they will...

When a person files a petition for bankruptcy in Ohio, all creditor collection actions must cease. This is because filing for bankruptcy triggers an automatic stay, and creditors who violate it are subject to punishment under the law. Courts are divided on whether or...

People in Ohio who are struggling with debt might wonder whether they should file for Chapter 7 bankruptcy. Chapter 7 is for people who would not be able to repay the debts through a payment plan, which is the process under Chapter 13. Chapter 7 allows a person to...

Many millennials in Ohio and throughout the country have student loan debt. However, a study from Northwest Mutual found that credit card debt may be hindering their ability to save for the future. Credit cards can come with interest rates above 20%, which is...

If you are considering filing for bankruptcy to relieve your insurmountable debt, you have undoubtedly heard the horror stories. Your well-meaning friends and family members may have misinformed you that you will lose everything in a bankruptcy. You and other Ohio...

Like so many other residents of Ohio, you may find yourself struggling to pay off an increasing amount of debt. Maybe your debt accumulated quickly because of an unforeseen medical situation, or maybe you got in over your head as far as credit card bills. Regardless...

If you have considered filing for bankruptcy, you are certainly not alone. In 2017, more than 767,700 bankruptcy cases were filed, according to U.S. Courts. Of those cases, 472,135 were Chapter 7 bankruptcies. Chapter 7, otherwise referred to as liquidation...

At , LLC, in Ohio, we understand that overwhelming credit card debt can get you in a lot of trouble. The card balances increase faster than you can pay them down, and the monthly interest charges eat you alive. You may have heard that you...

Your Chapter 7 eligibility depends on many things, including the median income in Ohio. While the process might not seem entirely straightforward to you at first, it is relatively simple once you look into the details. In fact, recent bankruptcy reforms have...