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Getting a Fresh Start Financially When Filing Bankruptcy in Ohio

You may want to consider filing bankruptcy if you are struggling to make minimum payments on your bills or have an abundant amount of debt you know you won’t be able to pay off in a reasonable amount of time.  Many Americans living in Ohio are filing bankruptcy to restore their credit so that they may be able to get financed for a vehicle, get approved for an apartment, or open a free checking account.  Filing bankruptcy can also help with stopping a wage garnishment, foreclosure, vehicle repossession, and utility disconnection.  Filing bankruptcy will eliminate most debts such as credit cards, medical bills, personal loans, utilities, evictions, and bills that are in collections.  You can file a Chapter 7 or Chapter 13 bankruptcy in Ohio and still keep a house or car while eliminate most outstanding debts or bills. For more information about filing bankruptcy or to schedule a free consultation with an experienced bankruptcy attorney in Columbus, Ohio call 614-934-1544.  The Law Office of M. Sean Cydrus cares about you and never hesitates to act quickly and efficiently when time is of the essence.  Help is just one phone call away! 614-934-1544

Can I File Bankruptcy in Ohio and Still Keep My House and Car?

You CAN file a Chapter 7 or Chapter 13 bankruptcy in Ohio and still keep your house and car.  There are Ohio exemptions that will protect your assets such as a house and car and at the same time will eliminate most of your debts.  Not only can you file bankruptcy to eliminate your debts and maintain payments on the things you want to keep, but filing bankruptcy can also help you get caught up on vehicle or mortgage payments if you are behind.  Filing bankruptcy doesn’t just eliminate debts, but also can stop a foreclosure, sheriff sale, and vehicle repossession by Federal law.  For more information about how bankruptcy can help or to schedule a free consultation call 614-934-1544.  Help is just one phone call away! 614-934-1544

How is My Credit Affected When Filing Bankruptcy in Ohio?

Your credit is like the scales of justice.  On one side you have the bills or debts you are paying on.  On the other side are defaulted debts or bills that are paid late.  Whatever side is heavier, that is the direction your credit goes month after month.  Filing bankruptcy is like hitting the reset button.   Since after bankruptcy you will be debt free that means that anything you make payments on will bring up your credit score.  After bankruptcy your debt-to-income ratio will be better since you are debt free.  This helps tremendously because it shows the lender that you can afford the payments on whatever it is you are trying to get financed for rather it is a house or vehicle.  Most people who file bankruptcy in Ohio their credit score will increase by an average of 125 points after the bankruptcy simply just from eliminating the negative accounts shown on the Experian, Equifax, and TransUnion credit reports. If you are contemplating filing bankruptcy we would like to invite you to contact us for a free consultation.  We understand the stress of financial worry and here to help you through this difficult time.  Help is just one phone call away! 614-934-1544

Benefits Received From Filing a Chapter 7 or Chapter 13 Bankruptcy in Ohio

  • Get a Fresh Start by Eliminating Most Debts Owed
  • Cease or Stop All Creditor Collection Efforts Against You
  • Stop a Lawsuit From Beginning or Continuing
  • Stop a Wage Garnishment
  • Stop a Foreclosure / Sheriff Sale
  • Stop a Vehicle Repossession
  • Get a Vehicle Back From Repossession
  • Lower Interest Rate for Vehicle Loan
  • Lower Total Balance on Vehicle Loan to Fair Market Value
  • Stop a Utility Disconnection
  • Get Driver’s License Back From Suspension
  • Restore and Rebuild Credit
  • Help Get Financed For a Vehicle
  • Help Get Approved for an Apartment
  • Stall an Eviction

Debts That Can Be Eliminated When Filing Bankruptcy in Ohio

• Credit Cards
• Medical Bills
• Personal Loans
• Utility Bills
• Items Sent to Third-Party Collections
• Debt Owed From a Foreclosed Home
• Debt Owed From Repossessed Vehicles
• Evictions
• Attorney Fees
• Reinstatement Fees
• Some Tax Debt

Call Today to Schedule a Free Bankruptcy Consultation With an Experienced Attorney Who Cares About YOU that CAN Help!

The 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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