Posts

BANKRUPTCY INFORMATION

We are a bankruptcy firm located in Eastgate, Ohio.

What is bankruptcy? Bankruptcy is a process in which consumers and businesses can eliminate or re-pay some or all of their debts under the federal protection of the bankruptcy code. Basically there are two types of bankruptcy available for the consumer; Chapter 7 and Chapter 13.

CHAPTER 7 BANKRUPTCY

Chapter 7 is designed to clear off or discharge all of your unsecured debt. This will give you a stopfresh financial start. Creditors can no longer collect on debts by mail, telephone calls or court proceedings. If there were secured items that you wish to keep such as your home or vehicle you would re-sign on these items under a reaffirmation agreement.

A reaffirmation agreement is a bankruptcy document that you would sign to reaffirm debts that you do not want to discharge through your case. The debts that are re-signed on will report to the credit reporting agencies and help to re-build your credit.

Chapter 7 is also referred to as a “liquidation bankruptcy” because the  trustee may take and sell or liquidate some of your property to pay back some of your debt. However, you will be able to keep most if not all of your property due to the protection of the bankruptcy exemptions. These include such things as your home, vehicle, cash on hand, jewelry, household items, retirement plans, and most other assets. The exemptions vary so you should contact our Eastgate, Ohio bankruptcy firm for further details.

Are you eligible for a Chapter 7. Not everyone can qualify for Chapter 7, there are several factors to consider, but most can qualify. Contact our office today for your free consultation to see if you qualify for Chapter 7.

CHAPTER 13 BANKRUPTCY

Chapter 13 Bankruptcy is also referred to as a “wage earner” plan because in order to file for Chapter 13 protection you must have a reliable source of income so that you can repay all or a portion of your debt,

In Chapter 13 you will pay back a percentage of your unsecured debts, this can range from 1% vehiclesto 100% depending on your individual situation. Chapter 13  can also stop a foreclosure action and a vehicle repossession and allow you to make up your missed payments through the chapter 13 plan.

If you file for Chapter 13 be prepared to be in the case for a minimum of 3 years and a maximum of 5 years. It will be up to the creditors to file a claim in order to be paid during this case. During this time period you will repay a percentage of your unsecured debts, your secured debts and any missed payments you had on your house or vehicle. At the end you will receive a discharge as to all remaining debt.

Chapter 13 can stop a foreclosure or a repossession of a vehicle.  Once your file for protection under the bankruptcy stay all court proceedings must stop, including foreclosure.  Under Chapter 13 the Trustee would then make the payments you had missed over the next 3 to 5 years within your chapter 13 plan.

OUR OFFICE

At Keegan & Co. Attorneys, LLC we will offer you a free consultation.  At this free consultation you will be able to sit down with one of our attorneys and discuss your individual situation.  The attorney would then advise you which chapter would be best for your situation.  They will also quote you a fee for the filing for your case.  If you decide to move forward a small retainer will get things started (once you put down the retainer you may refer your creditors to our office), we will then accept monthly payments until your fees are paid and then your case will be filed.

MORE INFORMATION

For more information check out our website at www.keegancolpa.com

If you are thinking of bankruptcy, contact our Eastgate, Ohio bankruptcy attorneys today. We offer a free consultation, fair fees and monthly payment plans.

Choosing your bankruptcy attorneys is as important as the decision to file

We are bankruptcy attorneys located in Eastgate, Ohio.  Our main focus of practice has been bankruptcy for over 27 years.

ARE YOU THINKING OF FILING FOR BANKRUPTCY

Are you thinking of filing for bankruptcy.  Looking for an attorney to represent you through the process?  Calling around to get a fee?  Looking for the lowest fee around?  Just remember that you get what you pay for.  Bankruptcy is a very specific process and must be done correctly so that your case will go through and you will receive your discharge through your case.  You do not want any snags and want everything to go through smoothly.  It is stressful enough when everything goes just right let alone when things are messed up.  Some believe that bankruptcy is simple, so simple that they can even take care of it themselves.  This may have been the case in the past but since the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) of 2005 things are much more difficult and more precise.  It is not recommended that you attack this task on your own.

Trying to file for yourself will most likely cause you more headaches than you would like to endure.  So the decision to seek an attorney to help you through the process is the best one.  You will want to find an experienced attorney who specialized in bankruptcy.

OUR LAW OFFICE

At the Keegan & Co. Attorneys, LLC our main focus of practice is bankruptcy, this is our main focus of practice.  Our office has specialized in bankruptcy for over 27 years.  We can provide you with the expertise that will make your bankruptcy seem simple and before you know you will be on with your debt free life.

FREE CONSULTATION

At our office we will offer you a free consultation where you will be able to sit down and discuss your individual situation.  They will be able to advise you as to the best road for you to take on your financial journey.  Sometimes bankruptcy is the answer, sometimes it may not be the best decision.  The attorney will advise what is best for you.

At this free consultation the attorney will quote you a fee.  If you decide you want to move forward a small retainer will retain this office.  Once you have retained our office you will quit paying on bills you do not want to keep and refer your creditors to our office until your case is filed.  We will accept monthly payments until your case is filed.

MORE INFORMATION

For more information check out or website at www.keegancolpa.com call 513-752-3900 for your free consultation today!

At our Eastgate, Ohio bankruptcy office we will be able to help you get out of debt and get a fresh financial start!

BANKRUPCY

We are bankruptcy attorneys located in Eastgate, Ohio.  Our main focus of practice has been bankruptcy for over 27 years.

Are you struggling with debt?  Of course if you are considering bankruptcy it probably means that you are looking at debts with you are unable to pay.  Bankruptcy in most cases may help you get rid of your debts and give you a fresh financial start.

Chapter 7 and Chapter 13 are the most common consumer chapters.  Each chapter has its own rules so you must know which chapter best fits your circumstances.  At our office you will be able to sit down with a knowledgeable attorney and he will be able to advise which chapter is best for you.

CHAPTER 7

Most thinking of bankruptcy would prefer to be able to file Chapter 7.  This is the most common filing for most consumers.  Under Chapter 7 you will be able to discharge all of your unsecured debts under the bankruptcy code.  A discharge is a federal court document releasing you from your debts.  This document automatically releases you from most of your unsecured image7sdebts.  Debts which cannot be discharged include such things as student loans, newly incurred tax debt, spousal or child support and court costs for criminal charges.  As to your secure debts such as your home, vehicle or jewelry you will have to make a decision if you will want to resign on these debts through a reaffirmation agreement or surrender them.  A reaffirmation agreement is a document basically re-entering the terms of the original debt, once you sign the reaffirmation agreement this debt will be excluded from your bankruptcy and will report going forward on your credit.  If you decide to surrender your collateral this debt will be discharged through your case.

Chapter 7 is sometimes referred to as a liquidation bankruptcy because the trustee may take some of your assets, but most bankruptcy attorneys refer to Chapter 7 as a simple or straight bankruptcy, because most assets are covered under state regulated exemptions and are protected.

CHAPTER 13

Chapter 13 bankruptcy is designed for those who are over the income limit for Chapter 7 or are behind on their home or vehicle and would like to retain these going further, or some who just do not like the idea of not paying their debts, but just cannot make the minimum monthly payments and would like to stop all interest and charged going forward.  Chapter 13 is a re-payment plan, you will pay back between 1% to 100% of your debts depending on your individual circumstances.  An unsecured creditor cannot charge you interest during a Chapter 13.  Once you complete your case you will be receive you discharge and all debts will be discharged.

AFTER DISCHARGE

Once you receive your discharge creditors are not allowed to collect on these debts in any way images5or form.  They cannot send you a bill, they cannot call you, they cannot take you to court, they cannot garnish your wages.  You are free and clear from these debts and you have gotten your fresh financial start!  Congrats!  Now how to stay that way and re-build your credit going forward.  The most important thing is to make any payments for debts that you reaffirmed on on time and try not to let debts get into collection.  Your credit will improve in no time.

MORE INFORMATION

Bankruptcy is serious decision, call today for your free consultation to see if it is the right one for you 513-752-3900.

Check out of website at www.keegancolpa.com.

Contact your Eastgate, Ohio bankruptcy attorney today!

BANKRUPCY

We are bankruptcy attorneys located in Eastgate, Ohio.  Our main focus of practice has been bankruptcy for over 27 years.

Are you struggling with debt?  Of course if you are considering bankruptcy it probably means that you are looking at debts with you are unable to pay.  Bankruptcy in most cases may help you get rid of your debts and give you a fresh financial start.

Chapter 7 and Chapter 13 are the most common consumer chapters.  Each chapter has its own rules so you must know which chapter best fits your circumstances.  At our office you will be able to sit down with a knowledgeable attorney and he will be able to advise which chapter is best for you.

CHAPTER 7

Most thinking of bankruptcy would prefer to be able to file Chapter 7.  This is the most common filing for most consumers.  Under Chapter 7 you will be able to discharge all of your unsecured debts under the bankruptcy code.  A discharge is a federal court document releasing you from your debts.  This document automatically releases you from most of your unsecured image7sdebts.  Debts which cannot be discharged include such things as student loans, newly incurred tax debt, spousal or child support and court costs for criminal charges.  As to your secure debts such as your home, vehicle or jewelry you will have to make a decision if you will want to resign on these debts through a reaffirmation agreement or surrender them.  A reaffirmation agreement is a document basically re-entering the terms of the original debt, once you sign the reaffirmation agreement this debt will be excluded from your bankruptcy and will report going forward on your credit.  If you decide to surrender your collateral this debt will be discharged through your case.

Chapter 7 is sometimes referred to as a liquidation bankruptcy because the trustee may take some of your assets, but most bankruptcy attorneys refer to Chapter 7 as a simple or straight bankruptcy, because most assets are covered under state regulated exemptions and are protected.

CHAPTER 13

Chapter 13 bankruptcy is designed for those who are over the income limit for Chapter 7 or are behind on their home or vehicle and would like to retain these going further, or some who just do not like the idea of not paying their debts, but just cannot make the minimum monthly payments and would like to stop all interest and charged going forward.  Chapter 13 is a re-payment plan, you will pay back between 1% to 100% of your debts depending on your individual circumstances.  An unsecured creditor cannot charge you interest during a Chapter 13.  Once you complete your case you will be receive you discharge and all debts will be discharged.

AFTER DISCHARGE

Once you receive your discharge creditors are not allowed to collect on these debts in any way images5or form.  They cannot send you a bill, they cannot call you, they cannot take you to court, they cannot garnish your wages.  You are free and clear from these debts and you have gotten your fresh financial start!  Congrats!  Now how to stay that way and re-build your credit going forward.  The most important thing is to make any payments for debts that you reaffirmed on on time and try not to let debts get into collection.  Your credit will improve in no time.

MORE INFORMATION

Bankruptcy is serious decision, call today for your free consultation to see if it is the right one for you 513-752-3900.

Check out of website at www.keegancolpa.com.

Contact your Eastgate, Ohio bankruptcy attorney today!