What if you’ve been notified of pending legal proceedings?

Bankruptcy Attorney Dayton, Oh

If you are at the point of receiving formal notices of action regarding your debt, you have probably run out of time for another course of action; such as talking to your lenders and asking for more time and consolidating your bills.

If you are facing legal proceedings such as;

  • your mortgage lender threatening to sell your home to pay your debt
  • a vehicle being repossessed for nonpayment
  • an unsecured lender has filed a lawsuit, and you may be at risk of
  • wage garnishments or liens

Fresh Start

If the problem is not with one lender but with your whole financial situation, you may want to consider filing bankruptcy to get a fresh start.

Stop the Creditors Calls

Your creditor’s actions will be stopped by bankruptcy protection for a period of time while you figure out what you need to do to get your finances back on track. The automatic stay in bankruptcy stops the legal proceedings from moving forward while your bankruptcy is in process.

Stressful Times

It can be stressful when your phone rings several times a day from creditors, and the mail carrier needs your signature on important papers from your lenders. You work hard to pay your bills and keep a roof over your families head, and unexpected expenses or job difficulties have made it difficult to keep up with your debt.

If you are overwhelmed by debt and the creditors are threatening legal actions. Consider talking with a qualified Cincinnati bankruptcy attorney to discuss your options and get the creditors off your back.

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