Turn to Our Experienced Akron Bankruptcy Lawyers to Relieve Your Stress from Debts
Being in debt causes stress and complications in every area of your life. Financial stress is a given, but the overall stress is going to affect your family dynamics, your performance at work, and your mental and physical health. You don’t have to suffer from these concerns, though. Our Akron bankruptcy lawyer can help you get a fresh start and rebuild your credit.
Bankruptcy can feel overwhelming. However, you can look at it in a different way than you might expect. Bankruptcy is the first step to changing your circumstances and getting started on the right foot. Our bankruptcy attorneys that service Akron, Ohio, can help you assess your financial situation. We’ll explore your available options and help you take the right steps. When bankruptcy is your next step, it’s important to get in touch with an experienced legal professional.
THAT’S WHY YOU CAN TURN TO US. OUR AKRON BANKRUPTCY LAWYERS CAN HELP CALM YOUR NERVES AND COME TO A SOLUTION FOR YOUR DEBT PROBLEMS THAT WILL HELP YOU FEEL BETTER ABOUT YOUR FINANCIAL FUTURE.
The law firm of Fesenmyer Cousino Weinzimmer has helped many clients just like you. Call our affordable bankruptcy attorneys that service Akron at 614-228-4435. We offer a free initial consultation and can help you get back on the road to success.
Why Should You Hire an Akron Bankruptcy Lawyer for Your Case?
When you are thinking of filing for bankruptcy, it is important to work with an Akron lawyer who has experience in bankruptcy law. This is because the laws relating to bankruptcy can be difficult and complicated. You will want someone who knows how to navigate through this process for you, a professional who will do their best to ensure that your case is handled as quickly as possible.
You may also need a lawyer if you are taking on debt from another person or company, such as secured debt or an inheritance. When you choose Fesenmyer Cousino Weinzimmer, our bankruptcy attorney in Akron, Ohio, can help you get your finances in order so that you don’t have any leftover debts when your case is finished.
FILING FOR BANKRUPTCY CAN ALLEVIATE SOME MAJOR FINANCIAL BURDENS AND GIVE YOU MORE FREEDOM OVER HOW YOUR MONEY IS SPENT.
Our Akron bankruptcy lawyer wants to help you achieve financial freedom and put you on the right track. Call us for help today at 614-228-4435.
Am I Eligible for Bankruptcy Protection?
There is a lot of confusion surrounding the eligibility requirements for filing for bankruptcy in Akron. The truth is, there are many different types of bankruptcy available to help you get out from under your debt and regain your financial freedom.
The first thing you need to do is determine whether any type of bankruptcy is right for you. Then consider the options. There are two main types: Chapter 7 and Chapter 13. Chapter 7 is the more common type, and it helps those who have few assets to get rid of their debts without having to pay them.
In order to qualify, your income must be less than what’s considered the median income in Ohio, and you need to pass certain tests, as well. Chapter 13, on the other hand, allows you to lower your monthly payments so that you can repay some or all of your debt over three to five years while keeping all of your assets. This might be a better option if you have significant assets or income that would make it impossible for you to successfully file a Chapter 7 petition.
The Process and Timeline for Filing Bankruptcy in Akron
The first step is filing a petition for relief under Chapter 7 or Chapter 13 of the Bankruptcy Code. Next, some basic information about your income and expenses, as well as the value of any nonexempt property, will be needed. This will help determine what type of bankruptcy you need to file.
Then, an Ohio bankruptcy attorney from our office will prepare and submit all the paperwork on your behalf to the bankruptcy court. After that, you should come in for another consultation before we move forward with filing.
A plan for repayment may be necessary if you want to pay back some of what you owe over time instead of fully discharging your debt in bankruptcy. If that’s something you would like to do, we can create a plan that meets your needs and budget. Our goal is to provide the most suitable solution for your needs. To get started, contact our Akron bankruptcy attorney today and take the next step toward debt relief.
Let Our Akron Bankruptcy Lawyer Help You Achieve Financial Freedom
If you’re struggling with debt, it’s important to get help. Our affordable Akron bankruptcy attorney can provide you with the resources and guidance that you need to make your debts go away. We will work with you to determine what course of action is best for your situation.
We invite you to contact us today and learn what type of bankruptcy is most suitable. We want to help you put an end to the cycle of debt. If you’re looking for an experienced, compassionate bankruptcy lawyer in Akron, Ohio, call the experts at Fesenmyer Cousino Weinzimmer at 614-228-4435 right away.
FAQs About Bankruptcy in Akron, OH
COMMON QUESTIONS OUR AKRON BANKRUPTCY LAWYER ANSWERS
Choosing the right Akron attorney is the most important part of undergoing bankruptcy. You’ll want to find an attorney that specializes in bankruptcy, and one who is affordable. Bankruptcy attorneys charge a wide variety of fees, and you want to make sure you’re getting the best value possible. At Fesenmyer Cousino Weinzimmer, we pride ourselves on being one of the most affordable bankruptcy law firms in the Akron, OH, area. We understand that money may be tight, and we want to come to a rate that you can afford. Our rates are competitive and affordable, and the initial consultation is free.
Yes. The first step is to find out whether you qualify for bankruptcy and, if so, which kind. An experienced bankruptcy lawyer in Akron can assist you in determining whether you qualify for Chapter 7 or Chapter 13 bankruptcy. Ohio requires passing a “means test” to qualify for Chapter 7.
This means that your average monthly income for the past six months must be below the Ohio median for your size household. If that is the case, then you meet the requirements to apply for Chapter 7 (11 U.S. Code §707 (b)(2)). We understand that sorting through legal jargon can be difficult, so we want you to give us a call to review your financial situation. You don’t have to go through this alone.
Chapter 7 is the most common form of bankruptcy, and it will eliminate most or all debts, but you can use it only once every eight years. It’s typically over in a few months, so you can begin rebuilding credit. There are exemptions (Exemption Laws of Ohio) that can protect your property, but it is advisable to consult with an experienced bankruptcy attorney in Akron to confirm that your particular property is protected. Exemptions can include clothing, cars, equipment used for work (like tools) and household furnishings.
Chapter 13 bankruptcy is a repayment plan which allows you to save your assets. Under Chapter 13 bankruptcy, you can consolidate payments to repay some or all of your debt affordably over a three- to five-year period. This plan is best for those who don’t qualify for Chapter 7, who want to keep an asset that they are behind on or who have equity in an asset that they want to protect. Once you file for Chapter 13, harassing calls and letters from creditors stop; and once you successfully complete the payment plan, qualifying debts covered by the plan are discharged.
Which chapter you file under depends on your financial circumstances, your assets, and which chapter you qualify for. An initial consultation with our bankruptcy lawyers servicing Akron, Ohio, can help you understand what your options are and what the process will be. We’re ready to help you with your bankruptcy today.
No. There are some kinds of debt that cannot be discharged under bankruptcy, regardless of which bankruptcy you’re pursuing. A few of the different types of debt cannot be discharged in bankruptcy, such as most student loans, child support, and debts incurred through fraud or theft. This is why you need to speak with a bankruptcy lawyer servicing Akron, Ohio, rather than trying to file for bankruptcy on your own. Our affordable Akron, Ohio, bankruptcy attorneys at Fesenmyer Cousino Weinzimmer understand each of these debt distinctions, and we will provide the best legal advice to protect your assets and provide financial freedom.
Student Loans and Akron Bankruptcy Cases
WAIT, MY STUDENT LOANS WON’T BE DISCHARGED?
IN MOST CASES, STUDENT LOANS AREN’T GOING TO BE DISCHARGED WHEN YOU FILE FOR CHAPTER 7 OR CHAPTER 13 BANKRUPTCY. HOWEVER, SOME CASES ARE UNIQUE, AND THEY CAN BE DISCHARGED.
In order to discharge student loan debt, you must be able to demonstrate that repayment of your student loans would cause undue hardship on you or your dependents. Our Akron bankruptcy lawyers can help you make a case to have your student loans discharged should you face undue hardship because of them. We can explain what must be met to have them discharged and assist you with it. You may still be required to repay your loans, but at a lower rate. Count on the experience and skill of our team at Fesenmyer Cousino Weinzimmer. We know the law, and in every case we do everything we can to help our clients.
Turn to Our Affordable Akron Bankruptcy Attorneys for Help
I’M STRESSED AND WORRIED ABOUT MONEY. IS YOUR LAW FIRM AFFORDABLE?
Fesenmyer Cousino Weinzimmer has a reputation for being both excellent and affordable. Our law firm is the place to find top-notch attorneys with affordable fees. We understand that you feel strapped for cash and want to get a bankruptcy over with quickly so that you can get a fresh start on life.
WE HAVE NO HIDDEN FEES, AND WE DO NOT COMPLICATE OR STRETCH OUT THE HOURS IT TAKES TO GET YOUR PAPERWORK IN ORDER. OUR AFFORDABLE AKRON BANKRUPTCY ATTORNEYS HAVE DECADES OF LEGAL EXPERIENCE AND A STREAMLINED PROCESS FOR COMPLETING BANKRUPTCY CASES.
To learn more about what we can do for you, call us at 1-877-654-5297 to get your free initial consultation.
Take That First Step with an Akron Bankruptcy Lawyer
DO YOU FEEL LIKE IT’S TIME TO GET OUT OF DEBT AND GET ON WITH YOUR LIFE?
We understand that you would like to file bankruptcy and put your debt stress behind you. A lot of our clients feel that way. If you find yourself overwhelmed with debt, harassed by creditors, and are considering bankruptcy as an option, it may be time to talk about next steps. First, we’re going to help you find out whether bankruptcy is the right move for you. Next, our Akron bankruptcy attorneys will start working on getting your case filed.
Planning is required to help you get past this debt and move forward. Our team will guide you through every step. There are a few things you will have to do, like mandatory pre-filing credit counseling and mandatory debt management education. Thankfully these are straightforward and are entirely available online. There are other simple steps that you will need to follow, such as gathering documents together, and our Akron bankruptcy lawyers will walk beside you every step of the way. You don’t have to feel overwhelmed. We’re here to stand by your side and get you debt relief as quickly as possible.
Our Affordable Akron Bankruptcy Lawyers are Just a Phone Call Away
READY TO GET A HEAD START ON A BETTER FUTURE? GIVE US A CALL.
THE FIRST STEP TO PUTTING DEBT IN THE REAR-VIEW MIRROR AND STOPPING THOSE ANNOYING PHONE CALLS FROM CREDITORS IS PICKING UP THE PHONE.
By calling our affordable Akron bankruptcy lawyers, you’re empowering yourself. No longer will you feel at the whim of creditors. Instead, you can arm yourself with reliable information and receive expert guidance from an experienced Akron bankruptcy attorney. If you’d like to find out more about how the bankruptcy attorneys at Fesenmyer Cousino Weinzimmer can help, give us a call at 614-228-4435. The initial consultation is free, so you have nothing to lose.