A Chapter 7 Bankruptcy Gives You a Fresh Start
The Marlatt Law Office Serves Delaware, Westerville and Columbus, Ohio
So many people put off filing for bankruptcy that when they finally do take the step, they feel an enormous sense of relief. They know they're about to get out from under the mountain of debt that has been pinning them down and stopping them from enjoying life.
The emotional relief that filing for Chapter 7 bankruptcy brings is accompanied by the financial relief this liquidation form of bankruptcy gives. It allows you to discharge all eligible, unsecured debt, including medical debt and credit card debt. It also stops all creditor harassment immediately.
To learn how a Chapter 7 bankruptcy would apply to your circumstances, call me at 614-212-4907 or toll-free at 888-660-4876 for a free consultation. You can also contact my office online. I'm ready to help you get a fresh start in life.
Can You Keep Your House and Car?
Ohio has recently updated the homeowner and automobile exemptions available in Chapter 7 bankruptcy, which might change what you can keep. Contact an experienced bankruptcy lawyer who knows the law and can determine if these changes will affect what you get to keep.
Many people think they are going to lose all of their possessions in bankruptcy — and most of the time that is just not true. Ohio has a good household goods exemption that covers household furniture, for instance. Don't be afraid to call: in most Chapter 7 bankruptcies, my clients are able to keep most of what they own.
Some clients won't qualify for a Chapter 7, but can still obtain debt relief in Chapter 13 bankruptcy.
Can You Do a Bankruptcy Filing on Your Own?
The more important question is: can you file for bankruptcy successfully? It's almost impossible for someone who doesn't have legal and financial training to successfully file for bankruptcy. The paperwork is detailed and complex and if you don't complete all of it properly, the court will reject it.
Some Debts Can't be Discharged
Even though a Chapter 7 bankruptcy gives you dramatic debt relief, including medical bills and credit card debt, there are some debts that can't be discharged, including most tax debts, student loans, child support and alimony payments. To learn about the debts than can and can't be discharged, speak with an experienced bankruptcy attorney who can examine your finances, answer your questions and help you get a fresh start in your financial life.
Call Attorney Scott Marlatt at 614-212-4907 or toll-free at 888-660-4876 for a free consultation. You can also contact my office online.