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Reasons to File Chapter 7 Bankruptcy in Columbus Ohio

There are many reasons why one may need to file a Chapter 7 bankruptcy in Columbus, Ohio.  Bankruptcy is an option available under the Federal government that will stop a wage garnishment, foreclosure, sheriff sale, vehicle repossession, and utility disconnection. You can even get your driver’s license back from suspension or stall an eviction.  Filing a Chapter 7 bankruptcy will also eliminate most of your debts including credit cards, medical bills, personal loans, utility bills, and items sent to third-party collections.  You can also eliminate debts from a foreclosed home, repossessed vehicle, evictions, attorney fees, reinstatement fees, and many times back taxes.

How Do I Determine If I Am Eligible To File a Chapter 7 Bankruptcy?

There are many factors that determine your eligibility to file a Chapter 7 bankruptcy.  Some of the factors that determine your eligibility to file a Chapter 7 bankruptcy include income, equity in assets, and prior bankruptcy filings.  An experienced Columbus Ohio Bankruptcy Attorney will be able to conduct a full synopsis of your financial situation.  Experienced representation can also give guidance to those who may qualify at a later time and can craft a plan to file a strategic bankruptcy.

What Help Can Filing Bankruptcy Provide Immediately?

As soon as you file your bankruptcy petition in Columbus, there is an “automatic stay” set in place.  This protection immediately stops or ceases all creditor collection efforts against you.  After you file your bankruptcy, creditors cannot legally garnish your wages, take money out of your bank account, repossess your vehicle, evict / foreclose on your home, or disconnect your utility services.

Do You Have to Go To Court When Filing Bankruptcy in Ohio?

When you file bankruptcy in Ohio, there is a court hearing that you must attend to. It is called the 341 Meeting of Creditors. At the 341 Meeting of Creditors, you will be required to swear or affirm that the information that you have provided in your bankruptcy petition is correct and true. The U.S. Bankruptcy Trustee will ask you questions about your bankruptcy petition. Your bankruptcy attorney will ensure that all legal issues are addressed ahead of time and that you won’t have any surprises at court. All you should have to do is answer a series of yes or no questions. You must bring your driver’s license and social security card to get into the court building.

If You Live in Any of the Following Counties in Ohio Your Court Hearing Will Be in Columbus

  • Athens
  • Delaware
  • Fairfield
  • Fayette
  • Franklin
  • Gallia
  • Hocking
  • Jackson
  • Knox
  • Licking
  • Logan
  • Madison
  • Meigs
  • Morrow
  • Pickaway
  • Pike
  • Ross
  • Union
  • Vinton

The Law Office of M. Sean Cydrus Cares About You and is Here For You Every Step Along the Way!

The Law Office of M. Sean Cydrus is not just here to file your bankruptcy. We are here to address all legal issues that there may be, file your bankruptcy, represent you in court, and to give you some tips and pointers after the bankruptcy to help you rebuild your credit and to lead you in the right direction for financial success. We are here for you every step along the way and still here for you after the bankruptcy is over. We never hesitate to act quickly and efficiently when time is of the essence. Call today for a free bankruptcy consultation! Help is just one phone call away! 614-934-1544

Call Today to Schedule a Free Bankruptcy Consultation!

The friendly Law Office of M. Sean Cydrus cares and can help you craft a plan to rebuild your financial future. We understand the stress of financial worry. We use a personal approach to solving your financial challenges and are here to help you through this difficult time. We pride ourselves on the ability to provide our legal expertise with compassion and understanding. We ensure that your rights are protected and never hesitate to take immediate action when time is of the essence. We can meet with you at our conveniently located offices in Columbus and Chillicothe. Call today for a free consultation! Help is just one phone call away! 614-934-1544

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Prevent Wage Garnishment by Filing Bankruptcy in Columbus Ohio

Getting your wages garnished can be devastating.  When 25% of your wages are taking out of your pay before your money is deposited into your bank account or your paycheck is issued, everyday living can become a struggle.  Once the wage garnishment starts, you may not have enough money left over at the end of the month to pay for rent, utilities, and insurance.  If this is the case, filing bankruptcy may be the best option for you.

Filing bankruptcy will stop a wage garnishment by Federal law.  Filing bankruptcy will eliminate the debt owed from the lawsuit along with most of your other debts such as credit cards, medical bills, personal loans, utility bills, and items sent to third-party collections.  Filing bankruptcy will also stop a foreclosure, sheriff sale, vehicle repossession, and utility disconnection.  Filing bankruptcy can even help you get your driver’s license back from suspension, get financed for a car, or get approved for an apartment.

How Much Money Can The Creditor Garnish Out of My Paycheck?

In Ohio, your wages can be garnished up to 25%.  That means ¼ of your income is gone once the creditor garnishes your wages.

Will Filing Bankruptcy Stop the Wage Garnishment?

Yes, filing bankruptcy will stop the wage garnishment.  As soon as you file your bankruptcy petition, legal documentation will be sent to the necessary parties and the wage garnishment will stop immediately.  Filing bankruptcy will stop a lawsuit from beginning or continuing.  Filing bankruptcy will prevent your wages from being garnished and will stop the garnishment if money is already being taken away for you.

Contacting an Attorney to File Bankruptcy or to Resolve Lawsuit

It is very important that you speak with an attorney when getting legal advice. An experienced bankruptcy attorney will be able to conduct a full synopsis of your situation and see what all legal avenues are available to you. Scheduling a free consultation with The Law Office of M. Sean Cydrus will give you an opportunity to speak with a legal professional that can help. Legal counsel will ensure that your rights are protected and can take legal action when time is of the essence. Call 614-934-1544 to schedule your free consultation today!

The Law Office of M. Sean Cydrus Cares About You and is Here For You Every Step Along the Way!

The Law Office of M. Sean Cydrus is not just here to file your bankruptcy. We are here to address all legal issues that there may be, file your bankruptcy, represent you in court, and to give you some tips and pointers after the bankruptcy to help you rebuild your credit and to lead you in the right direction for financial success. We are here for you every step along the way and still here for you after the bankruptcy is over. We never hesitate to act quickly and efficiently when time is of the essence. Call today for a free bankruptcy consultation! Help is just one phone call away! 614-934-1544

Call Today to Schedule a Free Bankruptcy Consultation!

The friendly Law Office of M. Sean Cydrus cares and can help you craft a plan to rebuild your financial future. We understand the stress of financial worry. We use a personal approach to solving your financial challenges and are here to help you through this difficult time. We pride ourselves on the ability to provide our legal expertise with compassion and understanding. We ensure that your rights are protected and never hesitate to take immediate action when time is of the essence. We can meet with you at our conveniently located offices in Columbus and Chillicothe. Call today for a free consultation! Help is just one phone call away! 614-934-1544