What is Bankruptcy?

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

WHAT IS BANKRUPTCY

Bankruptcy if a federal code which will allow you to discharge all of your unsecured debts.  Discharge means that your debts will be wiped out, you will get a clean financial slate.  This is for real.  Bankruptcy really does exist and it is not the end of your financial world.  It is not like the board game where you lose everything you own.  Bankruptcy is actually designed to help you get a fresh financial start and usually all of your assets are protected under the exemptions provided under the bankruptcy code.

BANKRUPTCY CHAPTERS

There are two basic chapters of bankruptcy available to the general consumer.  The most common and most sought after is a Chapter 7.  Under a Chapter 7 Bankruptcy you would be able to discharge all of your unsecured debts.  These debts include credit card debts, medical debts, utilities you may be behind on.  In the State of Ohio you can even file on your drivers reinstatement fees (once in your lifetime).  So there are many benefits to filing for Chapter 7.

In Chapter 7 if you want to keep your home or vehicle this is possible.  You must be current on your payments to keep these secured debts.  It will be up to the creditor to send documentation for you to re-sign your debt called a reaffirmation agreement.  Once you sign this reaffirmation agreement and it is filed with the court, this debt would not be discharged through your case and as you continue to make your payments on these debts they will be reported to the credit reporting bureaus, therefore, rebuilding your credit.

Chapter 7 can stay on your credit report for up to 10 years.  But the important thing to remember after bankruptcy is to make all payments that you reaffirmed on time and not let anything go into collections.  You will be surprised at how fast your credit rating will improve just by following these steps.

Chapter 13 Bankruptcy is a repayment plan.  Chapter 13 is designed to help you save your home from foreclosure or your vehicle from repossession.  If you are behind on your home or vehicle, Chapter 13 can save them.  Under the bankruptcy code for Chapter 13, all collection efforts must stop.  You would then make your current and the payments you were behind on through your case.  You will have a three to five year period to complete this Chapter 13.

Under Chapter 13 you will pay back a small percentage to your unsecured creditors.  This percentage will vary based on your individual case.  When you complete your case and receive your discharge any remaining balance owed to your unsecured creditors will be discharged just like in a Chapter 7.

HOW TO GET STARTED

Getting started on the bankruptcy process is easy.  Just call us at 513-752-3900 (Eastgate) or 513-722-2994 (Middletown) and we will be able to set up your free consultation with one of your attorneys.  At this consultation the attorney will review with you your situation and advise which bankruptcy chapter would benefit you most.

MORE INFORMATION

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

Call our Eastgate, Ohio bankruptcy attorney today to see if bankruptcy is the way to start your clean financial start.

Bankruptcy Before or After Divorce?

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

Are you considering divorce from your spouse?  There are a lot of factors to consider when deciding to divorce.  Most of the time there is a lot of combined debt that the two of you have accumulated together.  What should you do about this debt?  Split it up and hope that you can make the payments going forward?  This will most likely not be the case.  In most instances you will end up not being able to afford the debts you created during your marriage on your own.  Many people get their divorce and later down the road both parties will end up having to file for bankruptcy protection under separate cases.  This would mean you would each have to pay your own filing and attorney fees.

If you are getting a divorce or a dissolution it is most likely in your best interest to go ahead and file for bankruptcy together, this way you can both get a real fresh start with your lives.  Even if you have already separated and are no longer living together it is still possible for you to file a bankruptcy together.  If you file together this would mean that you would only have to pay one filing fee and your attorney fees would be combined.  This would be in your best financial interest.

If you cannot stand to be in the same room with the person, that can be arranged.  We can do the whole bankruptcy process separate.  The only time you would have to see each other would be at the actual court date.  This would be no more than 15 minutes together.  It would be well worth it when you consider the cost of filing separate cases.

HOW TO GET STARTED

Once you decide you think you want to file for bankruptcy protection you just give us a call and set up your free consultation.  At this consultation the attorney will advise you as to the best plan for your financial future.  If it is best to file before you divorce or if it is even necessary for you to file.  If you decide to move forward a small retainer fee will get things started and then we will accept monthly payments until you pay in full, at that time your case will be filed.

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 attorney today to see if bankruptcy is the right road for you.

Choosing your bankruptcy attorney is as important as deciding to file for bankruptcy

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

ARE YOU THINKING OF FILING FOR BANKRUPTCY

Are you thinking of filing for bankruptcy.  Looking for an attorney to represent you through the process?  Calling around to get a fee?  Looking for the lowest fee around?  Just remember that you get what you pay for.  Bankruptcy is a very specific process and must be done correctly so that your case will go through and you will receive your discharge through your case.  You do not want any snags and want everything to go through smoothly.  It is stressful enough when everything goes just right let alone when things are messed up.  Some believe that bankruptcy is simple, so simple that they can even take care of it themselves.  This may have been the case in the past but since the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) of 2005 things are much more difficult and more precise.  It is not recommended that you attack this task on your own.

Trying to file for yourself will most likely cause you more headaches than you would like to endure.  So the decision to seek an attorney to help you through the process is the best one.  You will want to find an experienced attorney who specialized in bankruptcy.

OUR LAW OFFICE

At the Law Office of Keegan and Andrade we specialize in bankruptcy, this is our main focus of practice.  Our office has specialized in bankruptcy for over 25 years.  We can provide you with the expertise that will make your bankruptcy seem simple and before you know you will be on with your debt free life.

FREE CONSULTATION

At our office we will offer you a free consultation where you will be able to sit down and discuss your individual situation.  They will be able to advise you as to the best road for you to take on your financial journey.  Sometimes bankruptcy is the answer, sometimes it may not be the best decision.  The attorney will advise what is best for you.

At this free consultation the attorney will quote you a fee.  If you decide you want to move forward a small retainer will retain this office.  Once you have retained our office you will quit paying on bills you do not want to keep and refer your creditors to our office until your case is filed.  We will accept monthly payments until your case is filed.

MORE INFORMATION

For more information check out or website at www.keeganandrade.com or call 513-752-3900 or for our Middletown office at www.middletown-bankruptcy.com or call at 513-422-2994 for your free consultation today!

At our Eastgate, Ohio bankruptcy office we will be able to help you get out of debt and get a fresh financial start!

Life After Bankruptcy

We are bankruptcy attorneys we have offices located in Eastgate, Ohio and Middletown, Ohio.  We specialize in Chapter 7 and Chapter 13 Bankruptcy.

ARE YOU CONSIDERING BANKRUPTCY

Many people find themselves feeling unworthy, depressed or frightened when considering going through a bankruptcy.  People who experience this process are always worrying about how to take care of their debts.  Bankruptcy should be looked at as a way to move forward, and get things back on the right financial track.  There are many reasons that people get off the right financial track, job loss, divorce and medical expenses are just a few.  You should not feel unworthy, depressed or frightened at this experience, bankruptcy does not mean that you are a bad person, just that you are a good person in a bad financial situation.  In bankruptcy you can discharge all of your unsecured debts and get the fresh financial start you are looking for.

I as author of this blog and just a regular working person I have had to go through this experience myself in the past.  This was a result of the most common kind, job loss and medical debt.  Once I made the decision to file for bankruptcy I felt a great relief as before that I really did not know much about bankruptcy, or even that it existed as a financial option, as this was many years ago.  But the decision was the right one for my household.  I did use the Law Office of Keegan & Andrade as my representation at that time.  My bankruptcy went through easily and I have since been able to restore my credit rating higher than it has probably ever been.  Bankruptcy will not ruin your credit, but may actually improve your credit and the creditors may be more likely to extend you credit after bankruptcy because they know you cannot file again for another 8 years.

HOW TO REBUILD CREDIT AFTER BANKRUPTCY

The main objective to rebuilding your credit after bankruptcy is to pay all debts that you have reaffirmed on time.  Also any new debt that you incur you should also pay this on time and not allow any debt to go into collection.  Follow these rules and before you know it you will be able to obtain more credit.

Of course you do want to wait a while before you go out and try to get new credit which turns into debt.  Why would you want to create debt anyway when you just went through a process of getting rid of debt and you cannot do it again for another 8 years.  It is best to live on the cash that you make and not credit.  There is nothing wrong with living on what you make, that is called living within your means.  When you start buying things on credit you are basically living above your means.  If you can't pay for it with cash, do you really need it?  These are the important questions you have to ask yourself.

This looks very nice, but can you really afford to go?

MORE INFORMATION

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

FREE CONSULTATION

Do not let the media and other sources make you feel unworthy when you decide bankruptcy is the only way out of your current financial situation.

At our office you can have a free consultation to sit down with an experienced bankruptcy attorney to discuss your options.

Contact our Eastgate, Ohio or Middletown, Ohio bankruptcy attorney today to see if bankruptcy is the answer to your financial worries.