We are bankruptcy attorneys located in Middletown, Ohio. Our main focus of practice has been bankruptcy for over 20 years.
Are you struggling with debt? The phone calls begin in the morning and continue all night (thank goodness for caller id right). The stack of new bills in the mail box every day becomes confusing, they sell your debts to new collectors and the collectors do not even tell who they are collecting from. It really doesn’t matter anyway, you cannot pay them, or they would not be in collection. Several factors can bring a person to this point. Medical illness, divorce, job loss, or a number of other reasons. It happens to people all of the time. There is no reason to get depressed about it. Just hiding your head under the covers will not make bills go away. You cannot continue to just ignore them. Filing things away in the trash and just ignoring the calls. Not that you can pay but bankruptcy may be a good option to give you a fresh financial start. There is no shame in filing thousands do it each year. Bankruptcy filing does not hold the old stigma it used to.
Chapter 7 and Chapter 13 are the most common consumer bankruptcy filings. At our office we offer you a free consultation where you will be able to sit down with one of our experienced attorneys and they will be able to discuss with you which chapter is best for your current situation.
Many cringe at the thought of a Chapter 13, but it really is good. It is designed to help you if you are behind on your home or your vehicle. If you had fallen behind but are now back on your feet filing for Chapter 13 will give you three to five years to pay back your missed payments. The trustee will disburse your funds to your creditors each month. As to your unsecured creditors they will be paid a percentage of what you owe them. Unsecured creditors will not be allowed to contact you or charge you additional interest while you are in the case. Once completed you will receive a discharge.
Chapter 7 is the most desired bankruptcy filing. Under Chapter 7 you will be able to discharge all of your unsecured debts. Chapter 7 is also referred to as a straight or simple bankruptcy.
For more information contact us today for a free consultation 513-422-2994.
You can also check out our website at www.middletown-bankruptcy.com.
Contact your Middletown, Ohio bankruptcy attorney today to see if bankruptcy is the right fresh start for you!