Ohio Bankruptcy Attorney

Affordable Cincinnati Bankruptcy Attorneys

Even the best-run businesses can run into financial difficulty, and you may be one of the many self-employed people in Ohio struggling to meet expenses. If you find yourself with bills and debts piling up, and you are being harassed by creditors, there is help available.

If you live in Cincinnati and are struggling with debt to the point that you are considering filing for bankruptcy, the last thing you need is attorney fees you cannot afford. However, you need to be careful, as trying to deal with insurmountable debt or go through bankruptcy on your own may actually wind up costing you.

Filing bankruptcy on your own brings the same filing and court fees as using an attorney but doing so incorrectly could result in paying more or having your bankruptcy revoked or denied and you end up without having your debts forgiven. And if you try to avoid bankruptcy by taking out payday loans, or using debt consolidation or similar services, high interest rates and fees can add to your debts without resolving the issues.

It makes sense to have a qualified bankruptcy lawyer on your side to allow you to go through the bankruptcy process in the most effective manner while keeping costs at a minimum. The skilled and seasoned Cincinnati, Ohio debt-relief attorneys at Fesenmyer Cousino Weinzimmer understand that financial problems can happen to even the most well-intentioned people. We believe that attorney fees should take into consideration an individual’s circumstances and be reasonable enough to prevent debtors from sinking deeper in debt. We offer a free consultation to evaluate your entire financial situation and find the debt-relief solutions and payment plans that will work best for you.

Call our conveniently located Cincinnati office at 877-654-5297 or email us for your free consultation.

Bankruptcy in Cincinnati, Ohio

People who file for bankruptcy typically have large amounts of credit card and other debt, and then have bad luck such as losing a job, going through a divorce, or being hit with uninsured medical expenses.  Interest and penalties mount up until they can’t pay their debts. An affordable bankruptcy can give you a chance for a “fresh start” on life under the protection of the federal bankruptcy court. However, the more complex your bankruptcy situation, the more you need the help of an attorney.

The most common types of bankruptcy are Chapter 7 and Chapter 13.

A Chapter 7 bankruptcy is over quickly and allows you to eliminate many types of unsecured debt, such as medical bills and credit cards. It requires that you liquidate your assets, except for those that are exempt. However, there are Ohio exemptions that may allow you to keep most of your property, which may include cars, work-related tools, and basic household furnishings.

A Chapter 13 bankruptcy allows you to reorganize assets and consolidate your payments to avoid fees and fines and repay some or all of your debt affordably over a three- to five-year period. Chapter 13 bankruptcy lets you repay a portion of your unsecured debts, and you may be able to save your home from foreclosure and your vehicle from repossession. A trustee distributes money to your creditors so you no longer have to deal with them. If you successfully complete the court-approved payment plan, the debts covered by the plan are discharged and you can keep most assets.  Also, Chapter 13 bankruptcy allows you to pay all or a portion of your attorney fees through the repayment plan.

Once you file, both types of bankruptcy provide protection from your creditors. Ohio has an automatic stay that prohibits most creditors from collection activity such as harassing phone calls, lawsuits, garnishments, repossessions, and foreclosures. However, there are some “nondischargeable” debts that bankruptcy will not eliminate, including child support, most student loans, and most tax debts.

Why You Should Have an Attorney’s Help

Ohio bankruptcy laws are complex, and even the simplest Chapter 7 cases require completing extensive forms, researching exemption laws, and following all local court rules. If you fail to comply with Ohio bankruptcy requirements, you risk losing your nonexempt assets or having your bankruptcy case dismissed without discharging your debts.

Here are some common reasons bankruptcy is dismissed:

  • Not completing the pre-bankruptcy credit counseling class within the 180 days before your bankruptcy filing or not filing a certificate of completion with the court. If you cannot afford to pay credit counseling fees, you must request a fee waiver from the counseling organization before the session begins.
  • Not filing required bankruptcy forms with the Ohio bankruptcy court.
  • Not paying court filing fees to start a bankruptcy case or getting court approval for a fee waiver or an installment plan.
  • Not providing requested documents such as tax returns, pay stubs and mortgage statements within the specified timeframes.
  • Not appearing at the creditors meeting in front of the bankruptcy trustee.
  • Not making your Chapter 13 plan payments on time or not making alternative arrangements with the bankruptcy trustee to catch up.
  • Not obeying court orders.

Contact us for Help and Guidance

The experienced Cincinnati Ohio debt-relief attorneys at Fesenmyer Cousino Weinzimmer know that bankruptcy can give you a fresh start, but you need to be able to afford it. Not only are our attorneys affordable, but we do not cut corners or hand off your case to paralegals or petition preparers. We will be available to you for questions, and explain the bankruptcy process to you, including all costs and fees. Proper legal assistance from our compassionate attorneys can help ensure that everything is done correctly so that you avoid problems and may actually save money in the long run.

We recognize that everyone’s individual situation is different, so we offer a FREE INITIAL CONSULTATION. During your consultation, we will evaluate your entire financial situation and make sure you are aware of all your options and costs. We will examine your income, your debts and your goals and help you find the best and most affordable path to a brighter financial future.

Delaying can only make your situation worse, so take control of your financial future and learn more about how our firm can be of assistance today. Call our Cincinnati office branch at 877-654-5297 or email us for your free consultation so we can determine what solutions will work best for you.

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