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What Happens to Your House and Car When Filing Bankruptcy in Ohio

When you file bankruptcy in Ohio, you have options.  Just because you file bankruptcy doesn’t mean that you will lose your house or any vehicles that you own.  The court understands that one needs a place to live and transportation to carry out everyday tasks such as work, school, and family obligations.  There are exemptions in Ohio that will protect your assets such as vehicles, real estate, and retirement accounts.  If you are still paying on something that you want to keep you would continue to make payments on it as usual after the bankruptcy until it is paid off.  If you are paying on something you want to let go you can stop paying on it and the balanced owed from a repossession or sheriff sale will be covered in the bankruptcy filing.  Filing bankruptcy can even help if you are threatened with a foreclosure or vehicle repossession and looking for a way to get caught up on payments.  The great thing about filing bankruptcy in Ohio is that you have options. To explore your options call 614-934-1544 to schedule a free bankruptcy consultation with an experienced attorney that cares about you that can help. Help is just one phone call away! 614-934-1544

If I File Bankruptcy in Ohio Can I 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

Options with Your House When Filing Bankruptcy in Ohio

Filing bankruptcy CAN help with foreclosure and WILL STOP a sheriff sale on real estate.  Filing bankruptcy will help you when creditors are unwilling.  Many times calls to banks go unreturned and loan modifications are often denied.  Filing bankruptcy can help you keep your home safe and will keep your home in your possession.  Bankruptcy can help you get current on your mortgage payments if you are behind.  If you are looking for a legal solution to get a house off your hands, filing bankruptcy will allow you to walk away free and clear and can also eliminate most other debts such as credit cards, medical bills, and personal loans.  An experienced Columbus Ohio Bankruptcy Attorney can tailor your bankruptcy so that you can pick and choose what you want to keep and what you want to let go.  Call 614-934-1544 to schedule a free bankruptcy consultation to discuss your options.  Help is just one phone call away! 614-934-1544

Options with Your Vehicle When Filing Bankruptcy in Ohio

Filing bankruptcy CAN help with a vehicle repossession and WILL STOP the creditor from selling your vehicle if it has already been repossessed.  Once you file bankruptcy, legally the creditor will not be able to repossess your vehicle or sell it at auction according to Federal law.  There are many options available to you when you file a Chapter 7 or Chapter 13 bankruptcy in Ohio.  You can file bankruptcy to eliminate your debts to restore your credit and still keep your vehicle.  Bankruptcy can help you if you are behind in your vehicle payments and you want to keep your vehicle.  Filing bankruptcy can get a vehicle back from repossession or keep it from getting repossessed.  Filing bankruptcy will eliminate the debt owed from a vehicle repossession if you want to get rid of the vehicle or if it has already been auctioned off.  An experienced Columbus Ohio Bankruptcy Attorney will be able to look out for your best interest and take immediate action when time is of the essence.  Call 614-934-1544 to schedule a free bankruptcy consultation to discuss your options.  Help is just one phone call away! 614-934-1544

I Tried Working With the Bank, but the Bank Wouldn’t Work With Me

You probably have tried working with the bank, but the bank wasn’t willing to work with you. Many times the bank will demand the whole balance in one lump sum if you are behind in mortgage or vehicle payments and won’t settle for payments. This creates a problem because if you had the money you wouldn’t be behind in the first place. So what happens is the bank will foreclose on a house or repossess a vehicle. They will sell the asset at auction and the difference between what you owe on the loan and what the asset sells for is the bill they will send to you that you have to pay. The bill that they will send to you that could end up in a lawsuit is called a loan deficiency and could be thousands of dollars you simply do not have. Filing bankruptcy will automatically stop a foreclosure, sheriff sale, and vehicle repossession by Federal law.  Filing bankruptcy can help you get caught up on payments to save an asset or can eliminate the debt owed from a deficiency to keep one from getting their wages garnished from a lawsuit. Scheduling a free consultation with The Law Office of M. Sean Cydrus would give you an opportunity to speak with an experienced attorney that can evaluate your unique situation and lay out every legal option available to you under the applicable law.  Call 614-934-1544 to schedule a free consultation. Help is just one phone call away! 614-934-1544

Ways Filing Bankruptcy Can Help You and Your Family

  • 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

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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