Columbus Bankruptcy Attorney
If you live in Columbus and you are swamped with personal debt due to a job loss, divorce or separation or if you are unable to pay your medical bills, or face home foreclosure there may be a solution for you. Filing Chapter 7 or Chapter 13 Bankruptcy may help solve your financial crisis.
If you are considering filing bankruptcy and you live in Columbus, you can call an Ohio Bankruptcy Attorney who can review your case and see what bankruptcy options may be right for you. Most Columbus Bankruptcy Lawyers will meet with you face to face in a free initial consultation to answer all of you bankruptcy questions. In Columbus, filing bankruptcy can be the first step to:
- Stop home foreclosure- Mortgage payments will still have to be paid during the bankruptcy period, but in certain states, Columbus included, you may be able to exempt up to $150,000 in equity in your home and keep your home. A Columbus Bankruptcy Attorney can discuss your options for maintaining your property, retirement funds and other personal possessions.
- End wage garnishments
- Eliminate your debt immediately- most unsecured debt can be discharged if you file Chapter 7 Bankruptcy. This may include credit card, medical debt and personal loans. There may be certain exceptions to dischargeable debt which should be discussed with your Ohio Bankruptcy Lawyer.
- Help you develop a repayment schedule under Chapter 13 Bankruptcy
- End harassing creditor calls- If you file for bankruptcy, all attempts to collect debt will be stopped. Fines may be assessed to creditors who fail to follow bankruptcy law, which does not allow creditors to contact or attempt to collect outstanding debt. If you file Chapter 13 Bankruptcy debt will be repaid according to the priority of each creditor.
A Columbus Bankruptcy Attorney can help you analyze if you qualify for Chapter 7 Bankruptcy by completing a means test. If you do not qualify for Chapter 7 Bankruptcy a Columbus Bankruptcy Lawyer will analyze your debt and discuss all of you possible options for debt relief. If Chapter 13 Bankruptcy is your only option, an Ohio Bankruptcy lawyer will help you develop a debt repayment schedule, identify your assets and expenses, file your Statement of Financial Affairs and ensure all bankruptcy documents are completed accurately. A Columbus Bankruptcy Attorney will also assign a trustee who will be responsible for coordinating debt repayment to your creditors. If after the 3 to 5 year repayment period you have followed the debt repayment schedule your debt will be discharged. An Ohio Bankruptcy Lawyer will also discuss the bankruptcy process and the financial ramifications of filing for bankruptcy in Columbus.
Columbus bankruptcy attorneys have help thousands of clients file Chapter 7 and Chapter 13 Bankruptcy. Many people have misconceptions about bankruptcy. This is a difficult decision that may have serious long term financial implications. It is important to find an experienced and knowledgeable Columbus Bankruptcy Attorney who can answer your questions about bankruptcy.
