We are bankruptcy attorneys located in Eastgate and Middletown, Ohio. For over 30 years, our main focus of practice has been bankruptcy law.
Everyone knows when they are in over their heads financially. You know when things are going wrong and are out of your control. Many factors can cause this situation. Many people just wait and hope that nothing bad happens. The creditors keep calling. You hope they will just go away. Creditors will relentlessly try to collect from you and every time they sell your loan the situation becomes more confusing. Debts do not go away on their own.
There are steps you can take to protect yourself. It’s certainly best not to wait to react to a financial crisis after it has occurred, such as a wage garnishment, bank levy, car repo or home foreclosure.
You should obtain a copy of your credit report. This can be done every year for free. Even old accounts could lead to lawsuit. Check the public record section of your credit report to see if there are lawsuits filed against you. Is your current employer listed on your credit report? Collection agencies and creditors will do their best to search for this information and your credit report will be the first place they will look.
Keep your bank accounts to a minimum if you have outstanding debts. Today creditors can more easily levy bank accounts and no longer have to levy the branch where you opened your account. They simply have to provide the corporate office with the judicial order authorizing the bank levy. Once they levy your bank account you will not be able to get these fund back, even if you file for bankruptcy. If this has happened to you, call us. A bankruptcy filing will stop wage garnishments, and bank levies.
We have free consultations. Once you retain this office you may refer your creditors to us to verify that we have been retained by you for a bankruptcy filing. Just retaining the office will not stop current wage garnishments or bank levies. You must file your case as soon as possible to stop these actions.
Be prepared, don’t just sit back and let your creditors take control of your financial destiny. Take control of your own finances. Bankruptcy is not the end of the world. Good people just like you have found financial relief and asset protection through bankruptcy. Many feel it is rock bottom. In reality, bankruptcy offers a new beginning and fresh financial start.