Find Affordable Dayton Chapter 7 Bankruptcy Attorneys Now
If you are being harassed by collectors, facing inquiries from creditors, and becoming increasingly worried about your debt, it may be time to speak with our Dayton Chapter 7 bankruptcy lawyers about your options.
Whether you’re managing medical debt or credit card debt, or struggling to pay off personal loans, debt is a constant factor for people everywhere. If you feel there’s no end in sight to your debt, bankruptcy could provide the fresh start you need.
Considering bankruptcy? Get the advice you need from a Dayton Chapter 7 bankruptcy attorney at Fesenmyer Cousino Weinzimmer. Call 937-222-7472.
What Is Chapter 7 Bankruptcy & How Can It Help Me?
An Experienced, Caring Dayton Chapter 7 Lawyer Can Guide You through the Bankruptcy Process.
If you’re considering declaring bankruptcy, it’s important to understand the process and to team up with the right Dayton Chapter 7 bankruptcy lawyer. Declaring bankruptcy can offer you certain protections while helping to realign your financial future.
Don’t let debt continue to control your life. Find out how a Dayton Chapter 7 bankruptcy attorney can get your finances and your future back on track.
Chapter 7 bankruptcy is a type of bankruptcy that aims to quickly clear debts that are not tied to financial assets like your home or car. Chapter 7 bankruptcy is ideal for debtors with substantial unsecured debt. Unsecured debts include credit card debt, medical debt, personal loans, and other types of debt that are not backed by collateral or assets.
If your income is too low to repay these growing debts, declaring Chapter 7 bankruptcy will allow you to wipe the slate clean, so to speak, by discharging these debts. Chapter 7 bankruptcy, also called liquidation bankruptcy, leaves little to no debt remaining. By working with a Dayton Chapter 7 lawyer, the liquidation bankruptcy process can often be completed within a few months, after which collectors and creditors can no longer pursue you for debt repayment.
The Means Test for Ohio Residents
When working with your attorney, they will complete something called a means test to make sure you qualify for Chapter 7 bankruptcy. As part of the test, your household income will be compared with the median Ohio household income, which will be used to determine whether you qualify for Chapter 7 bankruptcy.
Dischargeable vs. Non-Dischargeable Debt: What Bankruptcy Can Solve
Which Debts Can Be Discharged? Our Dayton Chapter 7 Bankruptcy Attorneys Can Explain.
Chapter 7 bankruptcy is used to discharge non-secured debt like credit card debt and personal loan debt. However, certain debts are considered non-dischargeable, which means that declaring Chapter 7 bankruptcy will not clear these debts from the table. Non-dischargeable debts often include:
- Taxes
- Alimony payments
- Student loans
- Fees and penalties for certain crimes or offenses
- Child support payments
Speak with our Dayton Chapter 7 lawyers to learn more about how to handle all forms of debt.
The courts view these non-dischargeable debts as mandatory, meaning debtors must be financially responsible for these essential debts. Even if declaring bankruptcy, paying these debts often cannot be avoided.
Get Ready for Chapter 7 Bankruptcy: Your Pre-Filing Checklist
Let Our Chapter 7 Bankruptcy Attorney Walk You through the Process and Provide Reassurance
Choosing to declare bankruptcy is not an easy decision, and it is often not a first option. However, it can still be a sound financial move, especially if your Dayton Chapter 7 attorney believes that bankruptcy can help you regain your financial footing. Before declaring bankruptcy, keep the following tips in mind.
- Contact a Chapter 7 bankruptcy lawyer in Dayton. By teaming up with an experienced and affordable Chapter 7 bankruptcy lawyer from the get-go, you can be sure you’re making the best decisions about your finances. The bankruptcy process can also be complicated, with filings, paperwork, and court appearances. Let a skilled Chapter 7 bankruptcy attorney keep you on track.
- Organize and track your debt. It’s important to fully grasp the extent of your debt and the types of debts you’re dealing with. Be sure to track down the amount of your debt, where it’s coming from, and your debt history as precisely as possible based on your financial records and information.
- Know your debt and income amounts. If you have multiple forms of debt, it’s important to know some details about this debt, such as the total amount of debt. It’s also necessary to know your income and to add up all sources of income. Having specific information will help your Dayton Chapter 7 bankruptcy lawyer best understand your financial situation and how they can help.
- The sooner you act, the better. If your debt is only growing, the time to take action is now. While declaring bankruptcy is often not anyone’s first choice, if you’re accruing more debt, declaring bankruptcy may be your best option. If you’re considering declaring bankruptcy, let a Dayton Chapter 7 bankruptcy attorney help you with filing and ensure that you’re making the best moves financially.
Ask a Columbus Chapter 7 Attorney: Your Bankruptcy FAQs
Below are several common questions for your Dayton Chapter 7 bankruptcy lawyer. You likely have many questions, and the answers below can help you further understand the bankruptcy process and how our attorneys can assist you.
If you plan to declare bankruptcy, a Dayton Chapter 7 lawyer will be invaluable. With an experienced attorney by your side, you can be sure you’re correctly completing the bankruptcy filing process, which is essential for avoiding costly or damaging filing errors. A Chapter 7 attorney in Dayton can also help you make the best decisions for your financial future.
Making the decision to declare bankruptcy looks different for everybody. But if you’ve been struggling with debt, facing creditors’ inquiries, and feel uncertain about your future, a Dayton Chapter 7 attorney can help you decide if bankruptcy is your best option.
Yes. After declaring bankruptcy, you will be protected from collections, repossessions, wage garnishments, debt-related lawsuits, and loan deficiencies. Your Chapter 7 bankruptcy attorney can help ensure that you are no longer harassed by creditors and that your bankruptcy protections are in full effect.
After declaring Chapter 7 bankruptcy, you can keep your home and your car in most situations. However, you may need to negotiate with lenders in order to maintain possession of assets like your home and car. A Dayton Chapter 7 bankruptcy attorney can help advise you on protecting these assets.
If your income is low and your debt is high, speaking with a Chapter 7 bankruptcy attorney may be your best move. Chapter 13 bankruptcy, conversely, is better suited for individuals with enough income to pay off debt after it’s been consolidated, as opposed to liquidating their debt outright through Chapter 7 bankruptcy. If your unsure which version you should file under, our attorneys can help you make the best decision for your situation. We are qualified and equipped to handle Chapter 7 and 13 bankruptcies.
While there are multiple Chapter 7 bankruptcy lawyers in Dayton, choosing FCW means having a dedicated, experienced team on your side. At Fesenmyer Cousino Weinzimmer, our personalized service, professionalism, and care for our clients and their financial situations are unmatched.
If you are thinking of declaring bankruptcy, you likely have many questions for a Dayton Chapter 7 bankruptcy lawyer. Don’t wait to contact a Dayton Chapter 7 bankruptcy attorney. The sooner you reach out, the sooner our attorneys can help solve your financial situation.
Why Choose Fesenmyer Cousino Weinzimmer?
Need a Dayton Chapter 7 Attorney? We Can Help.
At Fesenmyer Cousino Weinzimmer, nothing is more important than providing our clients personalized care and consulting. We simply want what’s financially best for our clients, and we put in the time, compassion, and dedication needed to help them obtain debt relief.
Working with us means partnering with an experienced Chapter 7 bankruptcy attorney in Dayton who will make sure to find and advise you on the options for your unique financial situation. Our firm has helped thousands of clients find the solution they need to regain their financial footing and feel hopeful about their future. Our attorneys are dedicated to our clients and to keeping their assets protected while eliminating debt.
Call us at 937-222-7472 and ask for a free consultation with our Dayton office today.
