We Provide Serious Solutions For Serious Debt – Get Answers To Your Bankruptcy Questions Today
Debt is a fact of life. These days, the majority of people in the U.S. are carrying at least a small amount of debt, if not a significant amount, from month to month. The problem is when the debt every month is more than you are able to pay.
Many people in this situation begin liquidating their retirement accounts, taking out payday loans and putting essential expenses onto their credit cards where they will incur interest at an exponential rate. These stopgap solutions might slow the bleeding, but ultimately they cannot heal the wound and they will leave you even worse off in the long run.
Our Toledo bankruptcy attorneys understand what you are going through, and we can help. We help clients throughout northwest Ohio and southeast Michigan find solutions for debt, garnishment and foreclosure defense and bankruptcy:
- Chapter 7 bankruptcy: Chapter 7 is a bankruptcy option for individuals. The most commonly used of all the bankruptcy options, Chapter 7 provides debt elimination.
- Chapter 13 bankruptcy: Chapter 13 is a debt reorganization plan. A great option for those who do not qualify for Chapter 7 bankruptcy and have the assets to stay current on some of the existing debt, Chapter 13 involves a three- to five-year repayment plan, after which time the remaining debt is eliminated.
- Chapter 11 bankruptcy for businesses: We also help businesses with the complications of filing for bankruptcy, including the difficult determination of whether to file for Chapter 7 business bankruptcy or some form of personal bankruptcy.
Stop Creditor Harassment
With any of these bankruptcy options, an automatic stay will go into effect upon filing, and it will prohibit creditors or their collection agents from calling you for the entire time that your bankruptcy matter is pending.
Contact A Toledo Debt Relief Lawyer
We welcome the opportunity to sit down with you, examine your financial situation and help you determine the best debt relief option for you. Call 419-719-5086 or contact us online to schedule a free initial consultation with an attorney from our firm.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.