Ohio Bankruptcy, Dayton Bankruptcy
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Monthly Archives: July 2015

What Does Good Faith Have to Do With a Bankruptcy?-

July 30, 2015 | Posted in Filing Bankruptcy

The Chapter 13 Bankruptcy courts place a responsibility on you where you have to commit to paying as much of your unsecured debt as possible over a specified length of time. This time can range between three and five years. This responsibility is classed as a good faith requirement. This is produced through a repayment […]

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How Does the Currently Monthly Income Work in a Bankruptcy?

July 28, 2015 | Posted in Bankruptcy

You will have to determine what your current monthly income (CMI) is, when you are filing for a Chapter 7 bankruptcy. This is done through what is called a means test. This is what will determine if you even qualify for Chapter 7 bankruptcy relief. Your Dayton bankruptcy attorney will assist you with this. Income […]

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The Positive Side to Starting Over

July 23, 2015 | Posted in Money Management

When the word bankrupt comes up regarding an individual who is in financial distress, it is hard to think about it in a positive manner. Most people consider bankruptcy as being the end of the road financially. This is a natural thinking process, because of the financial strain that has been created that has led […]

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What You Need to Avoid Debt Pitfalls

July 21, 2015 | Posted in Debt

When you get into a tough financial situation that doesn’t look like it is going to be a temporary problem, then you may have to consider going bankrupt. There really are some things that you need to avoid doing once you have made this decision, and prior to filing for your bankruptcy. There are some […]

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What is a Chapter 11 Bankruptcy?

July 16, 2015 | Posted in Bankruptcy

It isn’t always just individuals or private citizens that have a need to file for bankruptcy. Quite often businesses find themselves in tough financial situations, and they have no other options but to file for this type of debt relief. Usually for Corporations and partnerships they file under a Chapter 11 Bankruptcy. They too should […]

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Are My Tools Safe In Bankruptcy?

July 14, 2015 | Posted in Keeping Property

Many people that want to go bankrupt are very worried about what is going to happen to their possessions. Some individuals who work in various trades have collected many different tools that they need in their line of work. Without these tools they may no longer be able to work in their chosen field. If […]

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Who Plays an Important Role in Your Bankruptcy?

July 9, 2015 | Posted in Filing Bankruptcy

There are several people that are going to be involved in your bankruptcy on different levels. The first person you should consider getting involved, although it is an option, is your Cincinnati bankruptcy attorney. This is the individual that has the expertise to represent you through your entire bankruptcy proceedings. Key Roles Another important person […]

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What is Lien Stripping in a Bankruptcy?

July 7, 2015 | Posted in Bankruptcy

There is a chance that when you first enter into bankruptcy proceedings that you are going to become over whelmed with all the various aspects and legalities of it. If you are using a quality Dayton bankruptcy attorney you will not have to be overly concerned about much of this. This expert has the expertise […]

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Can My Car Be Repossessed if I Go Bankrupt?

July 2, 2015 | Posted in Keeping Property

Many individuals need their car for more than just convenience. It is there only way to get to their place of employment. Individuals who own a car and are thinking of going bankrupt worry about whether their car will be repossessed. Keeping Property For those that have already started the Chapter7 bankruptcy proceedings, the car […]

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