Email this page to a friend
Get a fresh start with a qualified Cleveland bankruptcy attorney
Everyone should see an experienced Cleveland bankruptcy attorney before making the decision to file for bankruptcy protection. A qualified Cleveland bankruptcy attorney can protect your assets, stop creditor harassment and help you reestablish your credit.
Click here for Our Free Legal Evaluation Form
Legal Helpers is the nation's largest consumer bankruptcy and debt consolidation practice. Every sponsoring Legal Helpers' Cleveland bankruptcy attorney has the knowledge and experience to help you. They have helped thousands of other clients discharge millions of dollars in debt. In addition to getting rid of your debt, a Legal Helper's sponsoring bankruptcy attorney will make sure that you keep your property to the extent mandated by law. With the aid of a knowledgeable bankruptcy attorney, you should have no problem making the arrangements to reaffirm the debt.
A Chapter 13 bankruptcy filing will stop foreclosure immediately, save your possessions, consolidate student loans and protect cosigners. To qualify for a Chapter 13 bankruptcy you must be working or have a consistent source of income for your repayment plan to be approved by the court. That means you must be able to pay for your monthly living expenses and be able to make a payment to the court to consolidate your debts.
Basically, a Chapter 13 is an interest-free debt repayment plan through which you consolidate your debts and make a payment on your debt over a three to five year period. While in a Chapter 13 debt repayment plan, the creditors cannot collect from you and the creditors are required by a Federal Court order to adhere to the terms of the plan.
How a Chapter 7 can help rebuild your credit
A Chapter 7 filing will also stop creditor harassment, eliminate repossession debts, stop garnishments and end lawsuits. To qualify for a Chapter 7 you must have no significant equity built up in your property and your car and mortgage payments are current.
A Chapter 7 may eliminate most kinds of unsecured debt including credit card debts, medical bills, most personal loans, judgments resulting from car accidents and deficiencies on reposed vehicles and give you a chance to start over again.
Contact Legal Helpers for a Free Legal Evaluation today!