BANKRUPTCY

We are bankruptcy attorneys with offices located in Eastgate, Ohio and Middletown, Ohio.  We specialize in Chapter 7 and Chapter 13 bankruptcy filings.

BANKRUPTCY

People often shudder at the mention of the word bankruptcy.  From fears for growing debt to worrying that they'll no longer be able to provide for their families, people have good reasons to be scared.  If this scares you, or you are experiencing this living horror, then this advise will be of use to you.

Alot of people find themselves needing to file bankruptcy, when they are unable to pay their bills.  If this sounds familiar, you should contact our office for your free consultation.  At this consultation the attorney will go over your individual case to see if bankruptcy is the solution for you, this is not something you just want to jump into.  Many people are frightened by bankruptcy and for good reason.  Filing for bankruptcy can be a very stressful and fearful experience, that is why it is important that you hire the right attorney for you.  Our office offers over 20 years of experience, we will treat you as a person and not just a number or a dollar sign.

There is no reason to stress over your debt.  Bankruptcy is designed to give you a fresh financial start.  Once you even just put down a retainer at this office you will then be able to have your creditors contact our office and we will let them know your plans for filing for bankruptcy.  This will slow down the phone calls that you have to take, which will reduce your stress level.  Many people feel immediate relief as soon as they retain this office and have made the decision to file for bankruptcy.

When Should I File?

Most do not have a choice of when will I file for bankruptcy protection.  But, you should not file if you feel that you will need to incur more debt in the near future, as then you will just be back in the same boat.  Medical debt is the main reason for bankruptcy filings in the United States.  If you have an ongoing medical condition that will cause you to continue to incur medical debt, you should wait as long as you can to file because as of the date your bankruptcy if filed no debts incurred afterwards can be included in your case.

If you are struggling with credit card debt and decide to retain this office to file for bankruptcy protection you must stop using your cards immediately.  The good thing is you can also stop making your monthly payments on your credit cards as well, this will give you a better cash flow in your budget.

There is light at the end of the tunnel.  You can get a fresh financial start.

For more information check out our website at www.keeganandrade.com or at www.middletown-bankruptcy.com

FREE CONSULTATION

Contact our Eastgate, Ohio Bankruptcy attorney (513-752-3900) or Middletown, Ohio Bankruptcy attorney ($513-422-2994) today for your free consultation.  At this consultation the attorney can advise if bankruptcy is the right step for you!  We offer the free consultation, a small retainer fee and monthly payment plans!

BANKRUPTCY MYTHS

We are bankruptcy attorneys we have offices located in Eastgate, Ohio and Middletown, Ohio.  We specialize in bankruptcy filings.

Most have preconceived ideas about bankruptcy, but the most common stereotype of bankruptcy does not stir up alot of sympathy for most of us.  We picture a young, reckless American adult, privileged and unschooled in smart spending and saving, who has racked up credit card debt through frivolous living (picture:  vacations, fancy cars, a mortgage they can't afford) who is suddenly reduced to eating Ramen noodles, pawning valuables, and asking friends to foot the bill at restaurants.  We see their demise and think, well, that serves you right.

But the truth is only a handful of bankruptcy actually look like this.  Surprised?  Don't be.  The past decade has involved plenty of ups and downs in the U.S. economy, making Americans seasick as they struggle to get a hold of their finances in turbulent times.  As a result, the fact of bankruptcy has changed quite a bit.  While it's true that the stereotype of the"irresponsible spender" characterized the bankruptcy field, let's get one thing straight:  more factors than irresponsible spending drive people to bankruptcy.

There are quite a few myths reinforced by years of media and movies in the American mind that simply, are not true, especially now that bankruptcy is shifting in America.

Myth #1 - Only irresponsible spenders file bankruptcy

As I just pointed out, times are changing, and the economy has forced the hands of unlikely profiles to declare bankruptcy.  Nowadays, bankruptcy hits normal families with normal spending habits just as often as it hits reckless spenders among us.  For many people, filing bankruptcy is a desperate reach for a lifesaver at the mercy of expensive healthcare costs due to illness or injury, student debt, divorce proceedings, or just the rising cost of life:  food, housing, education, etc.  Job loss, too, plays a roll in bankruptcy.

Myth #2 - It's nearly impossible to recovery financially from bankruptcy

Bankruptcy is our nation's way of protecting the debtor and providing a route to financial freedom.  It is the path to recovery.  Of course, the way out is through sound and smart habits:  using credit cards wisely, ensuring that your credit is being reported back to the credit bureau, saving and paying bills on time.  Even in a tough financial climate, it is possible to regain a footing and get out of the nightmare of debt.

Myth #3 - You can discharge your entire debt load through bankruptcy

Certain types of debt cannot be discharged under the U.S. Bankruptcy Code.  If you think about it, we'd all be declaring bankruptcy if we could get rid of all of our debt so easily, and you can imagine how this federal protection would quickly become abused.  In 2005, the Bankruptcy Above Prevention and Consumer Protection Act (BAPCPA) prohibited student loans from being discharged through bankruptcy.  Debts incurred through improper behavior are not discharged, such as through fraud, malicious injury to a person, personal injury to another person, or injury caused by the debtor's operation of a motor vehicle while intoxicated.  In addition, certain types of tax claims, debt for spouse or child support, and debts to the government are typically not discharged.  However, there are numerous amounts of debts which can be discharged through a bankruptcy.  To discuss your individual situation contact us today for your free consultation.

Myth #4 - Your credit is ruined forever if you file for bankruptcy

A bankruptcy will stay on your credit report for anywhere from 7 to 10 years, depending on the chapter you file.  However, you will be able to regain credit. The secret is to pay the bills you have on time and don't have any debts go into collection.  Keep your credit clean and you will re-gain good credit again before you know it.

Myth #5 - College educated people with successful jobs rarely file bankruptcy

The institute for Financial Literacy reported in 2011 that "college education doesn't appear to ward off bankruptcy as the rate of decree holders filing bankruptcy increased by 20%" in the five years prior to the report.  In addition, during those five years, bankruptcy filers with incomes above $60,000.00 increased their rate of filing by over 66%.

If you've gone to college, had a fairly successful life, and feel shame at the thought of declaring bankruptcy, understand that the numbers are shifting.  It's normal to cringe at the thought of filing for bankruptcy, but the reality is that more and more educated, successful professionals have accepted this as the route to regain their feet under them with debt piles too high.

Bankruptcy does happen to good people.

More Information

For more information check out our website at www.keeganandrade.com or www.middletown-bankruptcy.com

Contact our Eastgate, Ohio or Middletown, Ohio bankruptcy office for your free consultation today.  We offer fair fees and monthly payment plans.

BANKRUPTCY INFORMATION

We are the law firm of Keegan & Andrade Co., LLC.  We are a bankruptcy firm with offices located located in Eastgate, Ohio and Middletown, 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.

A 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 www.keeganandrade.com

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

We are bankruptcy attorneys located in Eastgate, Ohio and Middletown, Ohio.  We specialize in Chapter 7 and Chapter 13 bankruptcy filings.

Job loss, divorce, a medical emergency or other catastrophic 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 won't file your case until your fees are paid in full.

BENEFITS OF BANKRUPTCY

There are several benefits to filing for bankruptcy.  Of course, you will discharge all of your unsecured debts and get a fresh financial start.  This will be beneficial to you in many ways.  The stress will be gone.  You will not have to worry about making your bills every month.  This will give you a fresh mental outlook as well.  Feel better and move forward with your life.  Many people feel this relief as soon as they retain our office to begin the process. The reason for that is once you decide you are going to move forward you will then stop paying on your bills and refer your creditors to us.

MORE INFORMATION

Fore more information check out our website at www.keeganandrade.com

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