We are bankruptcy attorneys located in Middletown, Ohio. We specialize in Chapter 7 and Chapter 13 Bankruptcy filings.
We have been serving the Tri-State area for over 25 years and are proud to announce our new location at 3646 Glenmore Avenue, Cincinnati, OH. This new location will be able to serve all of your bankruptcy needs. We will still offer the same friendly service that you have become accustomed to at our other locations. If you are considering filing for bankruptcy and are located on the west side of Cincinnati this location will be conveniently located for your needs. We will offer a free consultation. At this free consultation you will be able to sit down with one of our attorney and discuss your individual situation. The attorney will be able to advise you if bankruptcy is the best route for you or if there could be another resolution to your financial situation. If bankruptcy is the best option for you they will be able to advise you which chapter will best suit your personal situation.
Under Chapter 7 you will be able to discharge (wipe out, erase, get rid of) all of your unsecured debt and not have to pay anything back. Once you file for Chapter 7 all collection actions must stop, this includes phone calls, mailings, court proceedings and current garnishments must stop. Even if you already have a garnishment on your pay check it will have to stop once your Chapter 7 is filed. Any funds that might be taken after the case filing will be returned to you by the creditor. Under Chapter 7 the trustee may sell some of your assets, but in most cases this is not the case because of the exemptions which will protect your assets. Most people who consider filing for bankruptcy want to file under this chapter as it is the quickest way for you to get out of debt and get a fresh financial start.
Chapter 13 is designed for people who make too much to qualify for a Chapter 7. Under Chapter 13 the same goes as under 7 that all collection actions must stop, including phone calls, mailing court, proceedings and current garnishments. Chapter 13 can also stop a foreclosure and allow you to save your home. You will be able to do this by making your missed payments over the next three to five years. Under Chapter 13 you will make one lump sum payment to the Chapter 13 Trustee and they will disburse your funds to your creditors. Your regular house payment may also be included in the payment. This is a good practice as at the end of your case the Trustee will file documentation with the court deeming that you are current on your payments. This prevents the creditor from coming back on you after discharge and stating that you still have outstanding fees. You will not pay back 100% of your unsecured debts. You will pay a percentage of your unsecured debts from 1% to 100%. In order for the creditor to be paid they must file a proof of claim with the court, if they fail to file this documentation once you are discharged these debts will also be deemed discharged.
If you decide to file for bankruptcy a small retainer fee will get things started and we then will take monthly payments until your fees are paid in full and we would then file your case.
Check out our website at www.middletown-bankruptcy.com.
Call today for your free consultation 513-422-2994. We are in Middletown, Ohio ready to serve your bankruptcy needs!