Bankruptcy Blog

How Do I Fix My Credit After Bankruptcy? Everyone who walks into my office presumes that their credit score will be irretrievably ruined for years to come as a result of their bankruptcy. I am always happy to tell them, “Stop listening to the doomsayers and panicky prognosticators!” Even though the court filing will stay […]

What Are the Benefits of Chapter 7 Bankruptcy? Many clients ask about the differences between the various chapters in bankruptcy and whether they have a choice in determining under which chapter they will file. The answer is, as in many things in life, it depends. Qualifying for a Chapter 7 case (liquidation) will require that either: the […]

How to Choose a Bankruptcy Attorney What are the 10 most important attributes to look for when hiring a zombie-killing bankruptcy/debt/mortgage defense attorney? Below, we discuss how to choose a bankruptcy attorney. 1. Provides personal service There are entities out there that, in bankruptcy circles, are called “mills.” Typically, they are accused by other attorneys […]

What NOT to Do Before Bankruptcy WARNING: These things can really mess up your case! Many of our clients are tempted to manipulate their property and play fast and loose with their debts in order to get the greatest benefit going into bankruptcy. The problem with these overactive debtors is they don’t realize they can […]

How to Protect Assets From Bankruptcy Will I Have to Give Up My Car or Lose My Home? When filing for bankruptcy, protecting a home or cars is often on the front of many people’s minds. This is probably because of a common misconception that the government and creditors will be permitted to seize all your […]

Should I File Bankruptcy? To many people, bankruptcy smacks of failure, conjuring up images of desperate celebrities who’ve squandered their wealth and sunk into despair. But is bankruptcy really only for people with no other options? You may be asking yourself, should I file bankruptcy, or is there another way out? If you are struggling with debts, […]

Can One Spouse File Bankruptcy Without the Other? If you and your spouse are deep in debt, what are your bankruptcy options? Do you have to file together, or can one spouse file for bankruptcy without the other? The truth is, just because you’re married doesn’t mean each spouse is automatically responsible for the other’s […]

How Does Bankruptcy Affect Your Credit? What Is the Effect of Bankruptcy on My Credit Score? How does bankruptcy affect your credit? This is a major concern of almost everyone who is considering the benefits of starting over. Unfortunately, there is a lot of misinformation out there passed along by well-meaning friends and family members. […]

Can I Hide or Transfer My Most Valued Items to Friends or Family Prior to Filing Bankruptcy? One of the largest concerns of anyone filing for bankruptcy is what will become of their personal possessions in a Chapter 7 bankruptcy. After consulting with a Cleveland OH bankruptcy attorney, some people may have the desire to hide or […]

My house was sold by the sheriff and there is a balance left. What could possibly go wrong? There are two scenarios that may play out in Ohio when it comes to mortgage deficiencies following foreclosure: The first is that the lender may walk away from the deficiency, and The second is that the lender secures […]