Return a phone call to your client. What a novel concept. I have had two situations over the past few years where frustrated people had chapter 13 lawyers who would not return their calls. One of them posted a testimonial on my home page. Each of these poor people had different lawyers. I refer to…
Cleveland Area Bankruptcy Attorney Who Gets People Out Of Debt
Tag Archive: Chapter 13
O is for Old
Eight years between Chapter 7 bankruptcy cases. Many who come to me really don’t pay attention to what was taken away from them by government in bankruptcy reform. Few understand the years required between their old and their new bankruptcy cases. These break into four classes: Eight between filing chapter 7 bankruptcy cases. Six between chapter…
N is for Never
You finally decide to file bankruptcy. I do not expect you to be a lawyer, or to even know the law. There are two things you should never ever do financially, especially in the lead up to bankruptcy. Each basically involves debt consolidation instead of bankruptcy. When should you do them? NEVER! The things you…
K is for Know
Debt Settlement company ads are something that I pay attention to on television. I listen to the noise of these companies because I witness first hand the harm they do to people in desperation. This one was hard to miss because of the messages. They know all the buzzwords to light up anyone in debt….
I is for Involuntary Bankruptcy
Involuntary chapter 7 bankruptcy happens when a creditor files against you in bankruptcy court to force the sale of your non-exempt assets to satisfy a debt. Not just any creditor can file such a proceeding against you: You cannot have more than 12 unsecured creditors. The filing creditor must have a non-contingent, undisputed unsecured claim…
D is for DUI, DWI, OVI
If you had a DUI, DWI, or OVI in your past the bankruptcy code has something for you. Come on, you couldn’t expect that the political hacks in Washington, DC, could ignore the fattest, slowest moving political target. Drunk drivers are the people every politician loves to hate. They included you in the bankruptcy law….
C is for Cosigner
Your cosigner has some big problems if you file bankruptcy. First of all let’s talk about who a cosigner is. Remember when you couldn’t get that loan unless someone signed the loan for you? Most typically this involves car loans, or if you had been arrested, a bail bond. When someone signs with or for…
How Long the Automatic Stay Lasts in Chapter 7 Bankruptcy
You file for Chapter 7 bankruptcy to get a discharge of your debts. You’re worried about how long it’s going to take for the case to go through the court system because you want to be rid of the problems as quickly as possible. The good news is that, in most cases, filing the case…
How To Borrow From 401k To File Bankruptcy
What happens if you borrow too much money from your 401k to file bankruptcy? A client recently created this problem. She desperately needed to file a chapter 7 as the result of a very large garnishment. With the garnishment, she was unable to come up with the money to file bankruptcy to stop the garnishment. …
House Did Not Sell At Foreclosure Sale Date
Foreclosure sale date has passed, and your house does not sell. How can that happen? Is it even possible? Not only is it possible, but it is becoming more and more common in Northeast Ohio. It is no shock that home values in this area have dropped continuously since 2008. The rest of the country…