Just about everything in life has its pros and cons. Filing for Chapter 13 bankruptcy is no different. If you are considering a bankruptcy filing, it is okay to take the time to determine if the positives of taking such a step outweigh any potential negatives. An experienced bankruptcy attorney can assist Ohio residents in deciding what, if any, legal…
On of the many advantages of employing a bankruptcy procedure is the ability of the courts to discharge a debtor’s debts under exceptionally difficult circumstances that are deemed beyond the control of the debtor. This component of bankruptcy is referred to as a hardship discharge. Just such a circumstance was demonstrated recently in a surprisingly literal manner when an attorney…
Chapter 13 bankruptcy is an excellent tool for many people who have found themselves unable to get on top of their debt. More than many other forms of bankruptcy, Chapter 13 places an emphasis on enabling a debtor to make good on many debts rather than simply abandoning them. This can make Chapter 13 plans attractive to both the debtors…
For many across the country who are languishing in a pile of debt that seems insurmountable, filing for bankruptcy is often a last resort that can offer some much-needed relief. However, not all bankruptcies are created equal, with each different type entailing different provisions and benefits. Chapter 13 bankruptcy is an excellent option for those who do wish to make…