Ohio Bankruptcy, Dayton Bankruptcy
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Monthly Archives: March 2015

What is a Creditors Meeting in a Bankruptcy?

March 31, 2015 | Posted in Filing Bankruptcy

One of the intimidating factors concerning a Cincinnati bankruptcy is the meeting of the creditors. These are not happy people as they know they aren’t getting all or perhaps none of the money owed to them. The 341 Meeting It is difficult for you too. No doubt it was not your intention not to pay, […]

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What Happens to Your Pets in a Bankruptcy?

March 26, 2015 | Posted in Filing Bankruptcy

Many people are under the misconception that when they file for bankruptcy that basically all they are left with is the clothes on their back. Thinking this, the only reason they go for this type of debt relief is just simply stop the creditors from constantly harassing them. Losing everything is not the case with […]

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What About The Bankruptcy Trustee?

March 24, 2015 | Posted in Bankruptcy

Most people when they enter into a bankruptcy action they are frustrated, distraught and just looking forward to the financial pressures being lifted. c Others look at the trustee as their enemy who is going to take everything they own away from them. Whose Side? The reality is the bankruptcy trustee is a professional who […]

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My Home In Bankruptcy

March 19, 2015 | Posted in Mortgage

What happens to your home if you decide to go bankrupt will all depend which bankruptcy you qualify for and your specific circumstances. In a Chapter 13 bankruptcy you will not be at risk of losing your home. The mortgage holder also cannot increase your interest or change any other terms of the mortgage just […]

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Can a Chapter 13 Bankruptcy Bring Financial Relief?

March 17, 2015 | Posted in Chapter 13

Many individuals become debt ridden and can’t see any light at the end of the tunnel. They know that there may be a bankruptcy option but see this as doom and gloom. Bankruptcy is not meant as a punishment but as a means for people in financial trouble to get on their feet again. The […]

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Chapter 7 Bankruptcy & Your Future

March 12, 2015 | Posted in Chapter 7

When a person is in deep financial difficulty it is hard for them to focus on anything but the current situation. Time is spent on trying to find a solution for the problem. This is the point where many arrive at considering bankruptcy as the solution. They are thinking of this as being the immediate […]

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Will the Bankruptcy Trustee Take My Tax Return?

March 10, 2015 | Posted in Taxes

When you are going through a Cincinnati bankruptcy, you will be assigned a bankruptcy trustee. This official determines the outcome of your proceedings. The rules and regulations are different for Chapter 13 bankruptcy and Chapter 7 Bankruptcy. In either case you will have to declare your tax return. In a Chapter 13 Bankruptcy it can […]

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Unsecured Debts in Bankruptcy

March 5, 2015 | Posted in Debt

One of the significant factors that often holds individuals back from filing for bankruptcy is their fear that they will lose all of their assets. They may be financially secure with owning property and a car for example, but their problem is no cash flow. Yes, they could sell their assets to pay their bills, […]

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Can I Go Through Bankruptcy Myself?

March 3, 2015 | Posted in Filing Bankruptcy

Anyone that is contemplating going bankrupt is usually full of mixed emotions. This is difficult because there are a lot of decisions that must be made during the bankruptcy process, and not being in a good frame of mind can definitely affect those decisions. With You All The Way One of the first and most […]

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