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Transferring Assets Before Bankruptcy

How Transferring Assets Before Bankruptcy Could Screw Your Case

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 …

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Chapter 13 Wage Earner Plan

What Are the Benefits of Chapter 13 Wage Earner Plan?

What Are the Benefits of Chapter 13 Wage Earner Plan? Although most folks looking for relief from overwhelming debt would prefer the “quick and dirty” Chapter 7 discharge, there are several reasons why filing under Chapter 13 and making payments for 3-5 years might be preferable. Of course, those households with over-the-median income will likely have to file a Wage …

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Bankruptcy Law 101

Bankruptcy 101: What every consumer should be aware about

Bankruptcy 101: What every consumer should be aware about Recent changes in bankruptcy laws make it more difficult for people to file. In 2015, nearly 900,000 people filed for bankruptcy. Bankruptcy filers aren’t always people who mismanaged their finances. Many suffer major health crisis’ or a life event, such as divorce or losing their job. Economic climate also …

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debt negotiators

Why Bankruptcy is Almost Always a Superior Choice to Debt Negotiators

Why Bankruptcy is Almost Always a Superior Choice to Debt Negotiators If you are like most people considering bankruptcy, you have probably looked into working with a debt negotiator or debt settlement agency. Here are four reasons why a bankruptcy is usually a superior choice. In bankruptcy, you pay back no more to unsecured creditors …

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Common Mistakes Clients Make

Top 5 mistakes bankruptcy clients make picking cleveland bankruptcy attorney

5 Mistakes Bankruptcy Clients Make In Picking A Cleveland Bankruptcy Attorney Cleveland Bankruptcy Attorney discusses 5 Mistakes Bankruptcy Clients Make In Picking A Bankruptcy Attorney There are many common bankruptcy client mistakes… Selecting a Cleveland bankruptcy attorney who does not have the appropriate level of familiarity with bankruptcy, debt settlement, mortgage foreclosure, divorce, debilitating injuries and …

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Bankruptcy FAQs

Bankruptcy FAQs

Bankruptcy FAQs What if I forget to include a creditor in my bankruptcy? Generally speaking, 11 U.S.C. Section 523(a)(3)(A) excepts from discharge any debt not listed in the debtor’s schedules in time for the creditor to file a timely proof of claim. There is an exception to that rule: Debt not listed in bankruptcy schedules …

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