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What is Chapter 7 Bankruptcy?
The basic idea in a Chapter 7 bankruptcy is to wipe out (discharge) your debts in exchange for your giving up property. Continue reading →
Posted in Bankruptcy/Foreclosure/Other Financial Problems
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Tagged bankruptcy, behind on payments, cba, Chapter 7, Cincinnati Bar Association lawyer referral, Cincinnati lawyer referral, consult with bankruptcy attorney, debt, debtor, lrs, personal property, property exemptions, straight bankruptcy
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Can my income affect the type of bankruptcy I can file?
Yes, an experienced bankruptcy attorney will be able to review these figures with you to determine which type of bankruptcy you can file. Continue reading →
Posted in Bankruptcy/Foreclosure/Other Financial Problems
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Tagged bankruptcy, cba, Chapter 11, Chapter 12, Chapter 13, Chapter 7, Cincinnati Bar Association lawyer referral, Cincinnati lawyer referral, consult with bankruptcy attorney, debt, debt adjustment, debtor, lrs, straight bankruptcy, types of bankruptcy
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What is bankruptcy?
Bankruptcy is a legal proceeding in which a person who cannot pay his or her bills can get a fresh financial start. Continue reading →
Posted in Bankruptcy/Foreclosure/Other Financial Problems
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Tagged bankruptcy, cba, Chapter 11, Chapter 12, Chapter 13, Chapter 7, Cincinnati Bar Association lawyer referral, Cincinnati lawyer referral, consult with bankruptcy attorney, debt, debt adjustment, debtor, lrs, straight bankruptcy, types of bankruptcy
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What kinds of bankruptcy are there?
There are four types of bankruptcy cases provided under the law, Chapter 7, Chapter 11, Chapter 12 and Chapter 13. Continue reading →
Posted in Bankruptcy/Foreclosure/Other Financial Problems
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Tagged bankruptcy, cba, Chapter 11, Chapter 12, Chapter 13, Chapter 7, Cincinnati Bar Association lawyer referral, Cincinnati lawyer referral, consult with bankruptcy attorney, debt, debt adjustment, debtor, lrs, straight bankruptcy, types of bankruptcy
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What is Chapter 13 Bankruptcy?
In a Chapter 13 (reorganization) case you file a “plan” showing how you will pay off some of your past-due and current debts over three to five years. Continue reading →