Debt. Most of us have it and, for many of us, it can be a source of stress in our lives. While some level of debt can actually boost your financial profile, it can also be detrimental. The problem lies in the shadow of too much debt and not enough income. Luckily, there is a way out.
While you may not be sure the bankruptcy process is right for you, chances are you could greatly benefit from the elimination of debt through bankruptcy. Filing for bankruptcy puts an immediate stop to garnishments, foreclosure, repossession and debt collections. You can reclaim financial stability and wipe out those high debt balances through bankruptcy.
In a Chapter 7 bankruptcy you can erase debt balances in a matter of months by liquidating nonessential assets or obtaining a creditor write off. A Chapter 13 bankruptcy can have you debt free in a few short years through a manageable repayment plan that can stop penalty fees and freeze interest rates. Both can offer you the full protection against creditor harassment and debt collections while you regain control of your finances.
We understand that this is a tough time for you, which is why we offer free consultations. It is our mission to thoroughly review all of the options available to you both in and outside of bankruptcy. We can answer your questions and help you make an informed decision about your debt relief strategy.
Let us help answer all the questions you may have about finding debt relief through bankruptcy. Call us at (937)240-0344 to schedule a FREE consultation to examine your options or you can email us questions at Questions@DebtFreeOhio.com
We have also provided you with some informative bankruptcy videos to help answer some of your introductory questions below: