James F. Hausen is happy to announce his inaugural book, The Truth About Bankruptcy In Ohio. In its pages he relates specific examples of the types of situations in which bankruptcy can turn a person’s life around, helping them get on the track to financial stability. If you or someone you know is struggling with debt and aren’t clear on how bankruptcy can help, pick up a copy of The Truth About Bankruptcy In Ohio.
Recovering financially from the inevitable credit hit after filing for chapter 7 or chapter 13 bankruptcy in Ohio can be a difficult task. That’s why we’re here to help. Let’s see how using financial tools to your advantage can jumpstart credit recovery.
Check out our top tips for building good financial habits and increasing financial literacy to get back on the right track. Stay tuned to learn how to use financial tools to your best advantage.
Can I file for bankruptcy after the holidays because of credit card debt?
This vital number is at the heart of any bankruptcy proceeding. Here’s the truth about household size and bankruptcy from a chapter 7 bankruptcy lawyer.
Could there be ways that a bankruptcy filing could be strategic? The short answer: yes! In this article we’ll get into some of the immediate and long term advantages and benefits that a bankruptcy attorney can help you to take advantage of.
Some of the root causes of bankruptcy are out of the average person’s control, and more often than not several factors combine to create a financial circumstance that feels hopeless. But this is why bankruptcy was created–it’s a safeguard and a way to start anew. Here are the top 5 reasons that people find themselves facing bankruptcy.
If you find yourself staring down insurmountable debt, a natural reaction could be to throw whatever money you do have toward one or more creditors in a desperate attempt to solve the problem. The sooner you make one source of debt disappear, the quicker you can get on the road to financial recovery, right? Well, as with so many things, the answer is that it depends on several factors–a major one being if you end up needing to or are already planning to file for bankruptcy.
You may be wondering if or how a bankruptcy record could affect your future employment opportunities. Taking a comprehensive approach to your current and future financial and employment situation is always a good idea. But before you get overwhelmed, know that with some steady legal advice and a professional by your side, you can successfully navigate through.
There are several reasons why a person may decide to file for chapter 13 bankruptcy above any other type. Put simply, if you find yourself in what feels like insurmountable debt, but your income level and monthly disposable income disqualify you from filing for chapter 7 bankruptcy, then chapter 13 bankruptcy is generally your best option.
If you’re facing bankruptcy in the near future, it could sound like a great idea to take off and enjoy life for a bit, before things get real––the complexities of bankruptcy can weigh anyone down. But is it okay to head out on a vacation before filing for bankruptcy? There are some key factors that surround this question, and we’re here to explain.
If you have the dream of owning your own home, but you’ve just been through a chapter 7 bankruptcy, that goal could feel a long way off. We want you to be sure of one thing: all hope is not lost. In this blog article, learn some key steps to take if homeownership is something you want to achieve in the future.
Here at Hausen Law, LLC we work day in and out with folks who are going through bankruptcy, so we usually share information directly related to their concerns. But there is another side to this coin: the creditors. So today we’re going to focus on creditors’ bankruptcy questions, one of which is why it can take so long to receive their chapter 11 bankruptcy payout.
Some folks think of chapter 11 bankruptcy as a quick-fix solution while others assume the worst. For business owners, that could mean missing out on a chance for debt relief. So let’s get to the bottom of some commonly held notions and find the truth amid the misconceptions.
Ohio residents who are stuck in a cycle of credit card debt are becoming prime targets for debt relief scam artists who know exactly which buttons to push. We’ll also offer another, better option to give you the debt relief you’re looking for.
If your business is in a place where bankruptcy seems like the best way forward, it’s likely that you’ll be looking at a chapter 11 filing. Unlike chapters 7 and 13, chapter 11 bankruptcy is a way for businesses of all sizes to reorganize debt and initiate a plan to repay creditors, all while keeping their doors open.
As seasoned bankruptcy attorneys, we can help clients who have already been divorced prior to filing for bankrupcy. Let’s uncover the answer to this common bankruptcy question, centering our reply around chapter 7 and chapter 13 bankruptcy, the most common options for an individual in financial straits. For those whose unsecured debt exceeds standard limits, chapter 11 is also an option.
How much does it cost to file for bankruptcy? The cost of filing for bankruptcy in Ohio can be influenced by multiple factors: the type of bankruptcy you are filing, attorney fees, where you live, the complexity of your case, and the details of your income and debts.
Filing for bankruptcy at any time in your life can be a stressful, emotionally-taxing experience. But it’s never more difficult to take the bankruptcy route than when you also have long-term goals of buying a home or making another major purchase. You likely realize that bankruptcy can affect your credit score, but how much, and for how long?
More and more individuals are finding it difficult to both support themselves and pay off the debt that helped them get an education. This friction leads many to wonder about student loan debt in bankruptcy – what are the guidelines, and is it even possible? At Hausen Law, LLC our Northeast Ohio Bankruptcy Attorneys can help you tackle this common concern.
In-person events and meetings are happening more frequently, workers are returning to offices, and travel is possible again. But what does the return to in-person spell for bankruptcy proceedings? Can you file for bankruptcy online going forward?
If finances are tight and you need some cash in hand to take care of bills or necessities, a payday loan might seem like an easy answer. But if things snowball and you see no way out, filing for bankruptcy might seem like your only way forward. Let’s look into the details and learn whether an Ohio bankruptcy filing could help.
When bankruptcy seems like the only way through, you’ll likely have a lot of questions. And whether you opt for chapter 7 bankruptcy or chapter 13 bankruptcy, a big question will be whether you can discharge, or eliminate your personal loans as part of the filing process. As always, there are exceptions and details to discuss, and we'll help clear them in this article.
Whether your business is a large corporation or a smaller enterprise, Chapter 11 bankruptcy could be a beneficial move to keep it alive during an economic crisis. In this article, we will focus on how a Chapter 11 filing can help your business recover.
All across Ohio, courts continue to be closed to the public due to the ongoing COVID-19 pandemic. But many of our clients still need to initiate or finalize bankruptcy proceedings. To ensure that they are safe and well taken care of during these difficult times, increased use of technology is vital. So we’re here to explain the ins and outs of virtual court hearings and to put your mind at ease.
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