Cincinnati Area Chapter 7 Bankruptcy Lawyer
Chapter 7 bankruptcy might be a good course of action for people who have unmanageable levels of unsecured debt and find it difficult to even make minimum payments to their creditors. Examples of unsecured debt include pay day loans, credit card debt, medical bills, utility bills, cell phone bills and similar types of debt.
In order to qualify for Chapter 7 bankruptcy, debtors must first pass a means test and meet certain other criteria. At the Fairfield, Ohio law office of R. Dean Snyder, Attorney at Law, I am committed to helping you find the debt relief you need. I offer my clients over 20 years of experience in the practice of bankruptcy law and I have helped countless people throughout the Cincinnati area to get a fresh start through Chapter 7 bankruptcy.
Getting a Fresh Start
Chapter 7 bankruptcy involves selling off (or liquidating) certain assets and using the money to repay your creditors. Many people mistakenly believe that the government will take everything in Chapter 7. In fact, the law makes it possible for you to keep certain property like a home, a car, household goods, clothing and even jewelry.
The only assets that you may lose are those that can be sold at auction. If your trustee decides that there is nothing that can be sold, your case could be declared "no-asset" and you would get to keep everything.
There are certain advantages to filing for Chapter 7 over Chapter 13, including:
- Entire process can be completed in as little as three months
- No commitment to a lengthy repayment plan
- Debts are discharged in full regardless of how much the creditor is paid
- Possibility of restoring driving privileges by discharging uninsured motorist judgments
Schedule Your Free Consultation
Contact my office today to discuss your Chapter 7 questions. I am available during regular business hours and by appointment evenings and weekends. You can reach me by phone at 513-275-1724 or via e-mail.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
