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BANKRUPTCY

We are the law firm of Keegan & Co Attorneys LLC.  We are a bankruptcy firm located in Eastgate, Ohio.

Are your struggling with debt?  Credit card debt, medical debt and all types of other debts can become overwhelming.  Bankruptcy may provide you with the financial relief you are looking for.

Many reasons contribute to a person struggling with debt.  Job loss, medical issues, loss of a spouse or even in today’s economy the increase of health insurance costs will play a major factor.  Every year in the United States thousands of people file for bankruptcy protection, bankruptcy can too help you to get a fresh financial start.

FILING FOR BANKRUPTCY PROTECTION

The first step if you are thinking of filing for bankruptcy is to sit down with an experienced bankruptcy attorney to discuss your options.  At our firm we offer a free consultation, at this consultation you will be able to sit down with one of our attorneys and discuss your individual situation.  The attorney would then be able to advise you on your best financial options.

If you decide to proceed with the process of bankruptcy, you will then put down a small down payment and we will accept monthly payments until your paid we then will file your case.

In the meantime we will be gathering information from you.  It is crucial that you are honest as to all your debts, assets, income and expenses, you may feel that it is personal, but bankruptcy is a personal issue.  Of course there could be small things that you forget, but when you sign your documentation you will be given a chance to review all of your information and you will sign that all information is “complete and accurate”, to the best of your knowledge.  Filing your signature on this final page of your bankruptcy petition is basically your signature under oath.  Deliberate omission of requested information could lead to serious repercussions.  A few oversights or errors probably will not ruin your petition and you will likely be given a change to correct them, however, double-check all the information before filing to be sure you did not omit any of your assets or debts.

REPORTING DEBTS

You must list all of your creditors on your case.  There may be creditors you do not wish to list on your bankruptcy filing, including friends or business owners that you have a relationship with.  Although your motives may be well intended, remember that any omission could be considered bankruptcy fraud.  You must list all creditors who you carry a balance with.

You may have debts reporting on your credit that you dispute, these debts also will need to be listed in your case.  If you dispute the debt this is one way to make sure it gets off of your credit.

BANKRUPTCY FILING

 

Once your case is signed we will then file your case.  You will have a court date, which is called a 341 Meeting of Creditors in 4-6 weeks, we will appear at this meeting with you.  This meeting gives creditors a chance to object to your bankruptcy filing, however, most of the time creditors do not show up at these meetings.  They must have good reason to dispute your discharge.

discharge is the document you will receive which will deem all of your debts listed on the case uncollectable, and creditors will not be able to contact you regarding these debts in any form.

MORE INFORMATION

For more information check out our website at Keegan

FREE CONSULTATION

Contact our Eastgate, Ohio bankruptcy attorney today for your free consultation to see if bankruptcy will give you the financial relief you are looking for.

 

 

BANKRUPTCY LAWS

We are bankruptcy attorneys located in Eastgate, Ohio.

Job loss, divorce, a medical emergency or other catostrophic event can make it hard to keep on top of debt.  Millions of people have used U.S. bankruptcy laws to get a fresh start.

BANKRUPTCY WILL RUIN MY CREDIT FOREVER

It is true that bankruptcy stays on your credit reports for up to 10 years, but once the slate is essentially clean after a successful bankruptcy filing, people can instantly start re-building their credit.  In fact, many people even gain stronger credit scores after filing and their old debt is gone and they can start a fresh start.  Think about it, your credit probably isn’t that great to begin with.  Bankruptcy is designed to clear debt and give people  a fresh financial start.

If additional credit is what you desire, you will be surprised at the amount of credit card offers you will receive after your bankruptcy filing.  Creditors know that you cannot file again and that you are debt free, so they are wiling to extend credit to you once again.

I WILL BE LOOKED DOWN UPON

Everyday people just like you decide to file for bankruptcy.  With the economy, bankruptcy does not hold that old stigma it may have a decade ago.  Most of us are struggling with debt, and many have lost jobs, making bankruptcy more common than most realize.  Your neighbor or best friend may have filed.  Bankruptcy filings do not get published in your local newspaper it will not be common knowledge that you filed for protection.  Bankruptcy has helped millions of Americans get out of debt and can help you to.

 

BANKRUPTCY IS EXPENSIVE

Many people believe that bankruptcy will be too expensive for them to file.  Bankruptcy is not free or course, but the fee is small compared to the amount of debt you will be discharging.  We offer a free consultation, where you will be able to sit down with an experienced attorney and discuss your situation.  The attorney will go over all of your options and quote you a fee.  If you decide to move forward a small retainer will get things started and then you can make monthly payments on your case.  Your monthly payment can be what you can afford, we just wont file your case until your fees are paid in full.

MORE INFORMATION

Fore more information check out our website at Keegan

Call today for your free bankruptcy consultation at our Eastgate, Ohio Bankruptcy firm.

 

Bankruptcy Advantages

We are bankruptcy attorneys located in Eastgate, Ohio. We specialize in chapter 7 bankruptcy and chapter 13 bankruptcy.

Bankruptcy laws afford a debtor with protections, the most significant of which is a fresh start from the harassment of collection efforts by creditors. Once a bankruptcy is filed, collection efforts by creditors stop by virtue of the automatic stay. The purpose of this is to afford the debtor with a discrete period of time to regroup financially and to develop a systematic approach to repayment of debts. The debtor can begin rebuilding credit and start over financially. Filing bankruptcy allows a debtor to get started with the task of rebuilding credit more readily and to undertake that process peacefully.

CHAPTER 13 ADVANTAGES

Chapter 13 offers individuals a number of advantages over liquidation under chapter 7. Perhaps most significantly, chapter 13 offers individuals an opportunity to save their homes from foreclosure. By filing under this chapter, individuals can stop foreclosure proceedings and may cure delinquent mortgage payments over time. They must still make all mortgage payments that come due during the chapter 13 plan on time. Another advantage of chapter 13 is that it allows individuals to reschedule secured debts and extend them over the life of the chapter 13 plan. Doing this may lower the payments. Chapter 13 also has a special provision that protects third parties who are liable with the debtor on consumer debts. Chapter 13 acts like a consolidation loan under which the individual makes the plan payments to a chapter 13 trustee who then distributes payments to creditors. Individuals will have no direct contact with creditors while under chapter 13 protection. Also with chapter 13 it protects someone who co-signed with you on a consumer loan. That person is called a co-debtor in bankruptcy. That protection is extended to your co-debtor as long as you propose to pay the debt in full through your case.

Contact our office today at 513-752-3900, to set up your free consultation with one of our attorney’s.

CHAPTER 7 ADVANTAGES

Filing Chapter 7 bankruptcy is a preferred solution of the debtors, due to its fast and effective ways. The fact that it does not require payments over time also makes it highly acceptable. If you have qualified for the Means Test for the State of Ohio then you can look forward to Chapter 7 bankruptcy filing. If you file a Chapter 7 bankruptcy case, it is normally opened and closed within three to six months. You clear out on your debt amount completely when the bankruptcy process is complete. Unlike Chapter 13 bankruptcy you are not required to repay any portion of your debts. You can keep most of your properties intact unless you have pledged the item as collateral for a loan. But all of your debts cannot be discharged. You can discharge most of your debts except for student loans, recent taxes, and unpaid child support. No minimum debt amount is fixed for filing a Chapter 7 bankruptcy plan. The creditors are not applicable to claim on any new property or wages you get hold of after the discharge. The property will be completely owned by you and your creditors cannot exert any further claim on them

Under the Chapter 7 process, there is one mandatory appearance before the bankruptcy trustee during the creditor’s meeting. The overwhelming majority of cases do not involve court appearances.

Bankruptcy lets you keep most necessities. If you have little to begin with, chances are good you’ll be able to keep all or most of your property. 

Bankruptcy help is here. 513-752-3900

MORE INFORMATION

For more information check out our website at Keegan

FREE CONSULTATION

Contact our office today in Eastgate, Ohio for your free consultation to see if bankruptcy will give you the financial relief you are looking for.

Loss of your job got you in financial trouble?

We are bankruptcy attorneys located in Eastgate, OH. We specialize in Chapter 7 bankruptcy and Chapter 13 bankruptcy.

Have you lost your job and in over your head? Financial distress can seem like the end of the world. Thanks to a protection offered by federal law, it doesn’t have to be. That protection is bankruptcy.

There is no requirement that you have to be employed in order to file for bankruptcy. In fact, job loss is one of the most common reasons people file for bankruptcy. However, being unemployed can still affect the outcome and success of your bankruptcy filing. This depends on whether you are filing a Chapter 7 or Chapter 13 bankruptcy.

A debtor filing for Chapter 7 typically does not have the necessary disposable income to repay their debts. Unlike a Chapter 13 bankruptcy, which requires a debtor to repay their debt, Chapter 7 provides a debtor the opportunity to eliminate their debt.

The most common filings for bankruptcy are chapter 7 and chapter 13. Chapter 7 is a straight bankruptcy, referred to as a liquidation bankruptcy. As many as 65% of consumer bankruptcy filings in the U.S. are chapter 7. 

Some advantages of filing chapter 7 bankruptcy could be, you receive a complete fresh start. After the bankruptcy is discharged the only debts you owe will be for secured assets on which you choose to sign a “Reaffirmation Agreement.” You have immediate protection against creditor’s collection efforts and wage garnishment on the date of filing. Wages you earn and property you acquire after the bankruptcy filing date are yours, not the creditors or bankruptcy court. There is no minimum amount of debt required. Your case is often over and completely discharged in about 3-6 months.

Not all debts can be discharged. Contact our office today to set up your free consultation with one of our Attorneys. You can call us at 513-752-3900.

As soon as you file bankruptcy, an automatic stay takes effect. The automatic stay requires your creditors to stop all collection efforts.

The stay prevents bill collectors from calling you or sending you threatening letters. It requires most lawsuits to collect a debt to be put on hold. Unless and until they get permission from the court to do so, it prevents landlords from starting an eviction and mortgage lenders from pursuing a foreclosure.

Bankruptcy help is here.

MORE INFORMATION

For more information check out our website at Keegan and Co Attorneys

FREE CONSULTATION

Contact our office today in Eastgate, Ohio for your free consultation to see if bankruptcy will give you the financial relief you are looking for.