Main Navigation
Law Office of

Goering & Goering, LLC

Call for a free consultation
with one of our lawyers 513-621-0912859-353-0380

Our practice areas

June 2017 Archives

What you may not know about the Chapter 13 bankruptcy process

It can be disheartening and overwhelming to know that you cannot manage your debt on your own. This feeling of helplessness may only get worse when you fall behind on your mortgage, eventually receiving threats of foreclosure from creditors. The threat of losing your home can make you feel like all hope is lost, but you may still have an option in the form of Chapter 13 bankruptcy.

After bankruptcy, owning less is often helpful

Filing for bankruptcy can be an emotionally exhausting process, and building a life for yourself after a bankruptcy procedure is a difficult task. Some of the difficulties you may face are very practical, but others are more personal, and deal with your approach to living and owning property. While many people come to bankruptcy because of circumstances beyond their control, such as runaway medical debt, others find their way to bankruptcy because of a pattern of buying more than they need or can afford. If your bankruptcy is due to unwise spending, now may be a wise time to reconsider your relationship with the things you own.

Am I liable for my parents medical debt?

People consider bankruptcy for many reasons, and one of the most common reasons for bankruptcy in the United States today is medical debt. Often, however, individuals consider bankruptcy not because of their own medical debt, but because of the debt of a parent. Before you file for bankruptcy because of a parent's medical debt, be sure to consult with an experienced attorney to determine if you are actually legally liable for your parent's medical debt to begin with.

Finding the right path for debt relief with an attorney's advice

If you are constantly dealing with overwhelming debt and worry that you may never make it back into the positive, you're likely also searching for debt relief options. The reality is that many people have been in your shoes at some point in life, and although your circumstances may be different, the answer to your debt problems could be the same.

Discharging educational debt through Chapter 7 bankruptcy

Chapter 7 is often an excellent way to discharge many kinds of debt if you fall behind and making payments becomes unfeasible. However, there are a number of debts that Chapter 7 cannot usually discharge. One of the most commonly misunderstood debts is educational debt, which is not typically dischargeable. However, there are some circumstances in which you might be able to use Chapter 7 to discharge educational debt.