If you need a Bankruptcy attorney, J. William Merry can help.
At Graham & Graham Co., L.P.A., our attorneys assist individuals filing bankruptcy in Ohio. We thoroughly explain the benefits and disadvantages of filing bankruptcy in Ohio, and we provide a full review of all other options, giving you all the information you need in order to make the best decision.
Chapter 7 Bankruptcy
Chapter 7 bankruptcy discharges the majority of your debt (excluding things such as student loans, child support, and tax obligations), and allows you to exempt, or keep, certain property from being sold by the trustee. You may be allowed to exempt homesteads, household furniture and furnishings, jewelry, clothing, interests in an automobile, tools of the trade, pensions, and insurance policies.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy is a debt adjustment procedure.The plan provides for repayment of your debts from your future earnings, with payment spread out over a 3-5 year period. A trustee is appointed to receive payments from you and disburse them to creditors. You remain in possession of all of your property. Chapter 13 can be used to stop foreclosure on your home or to reduce motor vehicle payments.
Bankruptcy is a complicated area of the law, and requires the services of an experienced attorney to provide you with the most in-depth representation, legal advice, and counseling. Paralegals and other non-lawyer bankruptcy preparation services are strictly prohibited from practicing law and, therefore, cannot give you the necessary legal advice or ask the appropriate questions to make sure you are completing your paperwork fully and completely. An inaccurate bankruptcy filing can come back to haunt you years after your original bankruptcy filing.
If your debt is out of control and you find yourself unable to make payments, contact the experienced lawyers at Graham & Graham Co., L.P.A. for representation and assistance with filing bankruptcy in Ohio. We offer a free initial consultation on all bankruptcy matters.