Benefits of Filing a bankruptcy in Sandusky Ohio with an attorney
The choice of attorney you choose to file a bankruptcy with in Sandusky Ohio Zip 44870, is often a difficult one. However, in today’s economy it has become inevitable in many circumstances. It can help you get your life back on track. If you are in need of a Bankruptcy Attorney in Sandusky Ohio, call today. Don’t get overwhelmed and stressed out about your situation. Give a qualified bankruptcy attorney in Sandusky or Toledo Ohio a try. Call Amy Logan Law and we will help determine which Chapter of Bankruptcy, if any, is best for you and your situation.
There are generally two chapters of bankruptcy that apply to individuals, Chapter 7 and Chapter 13.
A Chapter 7 bankruptcy provides a fresh start. It eliminates debt such as credit cards, medical bills, utility bills to name a few. We will need to look at your household size, versus your income. This will help in determining whether you qualify for this chapter of bankruptcy. Certain debts are not dischargeable in a Chapter 7. For example; child support, spousal support, and student loans. Some assets you own may be at risk if they have excess equity in them.
A Chapter 13 bankruptcy is a repayment bankruptcy generally over a period of 5 years and allows you to keep your assets (home, vehicles, etc.) that have excess equity. A lot of times, this is one that people feel more comfortable with. Some people feel an obligation to pay back their debts even if it takes a long time. This can be an ethical decision for some people.
Sandusky Ohio Bankruptcy Attorney Fees
Make sure to ask about fees. A lot of clients don’t realize that there are fees associated with filling bankruptcy. While these fee vary from attorney to attorney, we do require a down payment to go to work for you.
A Bankruptcy will STOP:
Creditor harassment/phone calls
In order to assess your situation, our office will need:
Your recent billing statements and/or a credit report
Your last 6 months paycheck stubs
A copy of your last filed tax return
Our office offers a free initial consultation and we will help you assess your situation and
determine which chapter of bankruptcy will be best for you.
“We are A Debt Relief Agency. We help people file for Bankruptcy Relief under the Bankruptcy Code.”