Will Bankruptcy Discharge My Student Loan Debt?

People across the U.S. are struggling under massive amounts of student loan debt. With aggressive interest rates that rival those of mortgages and credit cards, this seemingly insurmountable pile of debt acquired by seeking an education can only get worse over time. It is no wonder that many people want to know whether bankruptcy will […]

Should You File for Bankruptcy Before or After Divorce?

Financial stress is one of the most commonly cited catalysts for divorce. Because of this, there are likely plenty of couples out there that are both simultaneously considering divorce and bankruptcy. If you find yourself in this position, you may be wondering whether it is best to file for bankruptcy before or after divorce. Here, we discuss […]

Did Coronavirus Destroy Your Business? Bankruptcy Might Be the Answer

Can I erase my business debts with bankruptcy? The coronavirus pandemic has proved devastating for businesses in many industries. Restaurants and retail stores found themselves forced to shutter their doors or offer curbside service only for months, and even now most businesses are struggling to get back to normal sales. An April survey conducted by […]

Do I Qualify for Chapter 7 Bankruptcy?

There are two primary types of consumer bankruptcy filings: Chapter 7 and Chapter 13. Chapter 13 bankruptcy is referred to as a reorganization bankruptcy as it really is a way to restructure debts in a way where the debtor can comply with a monthly payment plan. Chapter 7 is a liquidation bankruptcy where most general unsecured debts, including credit […]

How Do I File Chapter 7 Bankruptcy in Ohio?

Most of us know what it’s like to feel financial pressure. Sometimes, the pressure becomes all-consuming. You may find yourself struggling to make ends meet. You might reach the point where you are unable to make minimum payments on your outstanding debts. If this is your situation, bankruptcy may provide a fresh start to a […]

A Surge of Bankruptcies Will Likely Follow the Coronavirus Pandemic

What impact will the stimulus bill have on consumer bankruptcies? The coronavirus pandemic has brought about financial ruin for many Americans. Currently, it is estimated that over 16 million people are unemployed, a figure that might grow in coming months. The sheer number of jobs lost due to the pandemic and the ensuing shuttered businesses […]

Mortgage Forgiveness During the Coronavirus Pandemic

Will I face foreclosure if I cannot pay my mortgage during the COVID-19 shut down? In a desperate attempt to slow the spread of the coronavirus, entire cities and states have issued mandatory stay at home orders, which require anyone who does not work in an essential industry to stay home besides essential travels. Currently, […]

Halting Your Foreclosure with Chapter 13 Bankruptcy

How can I delay or stop the bank from foreclosing on my home by filing for bankruptcy? If you have fallen behind on your mortgage payments, you may be at-risk of losing your home through foreclosure. Each year, one in every 200 homes are foreclosed on, according to the Mortgage Bankers Association. Foreclosure can be […]

Dealing with Objections from Creditors in Chapter 7 Bankruptcy

Can creditors stop the discharge of my debts? Chapter 7 bankruptcy filers are typically individuals who have found themselves burdened by hefty debt. Millions of Americans find themselves in the position of being weighed down by debt each year. In filing for Chapter 7 bankruptcy, your ultimate goal is to obtain a complete discharge of […]

The Time Frame of a Chapter 7 Bankruptcy

How long does the average Chapter 7 bankruptcy case take? After you have researched Chapter 7 bankruptcy and determined it is the best course of action for you, you may have additional questions. You will likely find yourself wondering what the next steps involve and how long the entire process will take. A Chapter 7 […]