The repo man is one of the best reasons to see a bankruptcy lawyer. I have run into two situations lately that deserve comment here. The first involved a former client. I did two chapter 13 cases, the last of which he converted to chapter 7. He had the same motorcycle through both cases. He…
The reaffirmation agreement is nothing new in bankruptcy law. It is basically an agreement that you will continue to pay on a debt, even though you have been discharged in bankruptcy. The debt normally addressed by a reaffirmation agreement is a secured debt. I have only done one for an unsecured creditor, but we later…
You need to avoid the repo man if your chapter 13 case is dismissed. Previously I discussed the things that can happen if your chapter 13 case is dismissed. I think you will agree that the worst result is the loss of your car. We are not in the kind of community where owning a…
Need your chapter 7 bankruptcy filed in court fast? If you need to file chapter 7 in a hurry, you are in the right place. Bill Balena is approved by the Bankruptcy Court in Cleveland, Akron, and Toledo to file your bankruptcy case electronically. The courts switched to ECF (electronic case filing) a few years…
In the past week I have had consultations with two different people concerning the same issue from opposite sides. The problem involves cosigning. One is a young man who has had some difficulty over the past years with buying and keeping cars. The other was a parent who cosigned for an adult child. In both…
If the postman brings you a letter by certified mail, don’t sign for it! When is the last time good news came by certified mail? Ever? I didn’t think so. Caller id taught that you don’t have to answer every phone call. You don’t have to sign for certified mail either. Let’s think about…