Owing to economic setbacks in the past few years, many families and individuals have fallen into hard times. It has become common for a lot of people to be burdened with unpaid medical bills, credit card debts, job losses, and a host of unexpected expenses.
At Karen Hamilton Law in Columbus, OH, we strongly believe in protecting your assets and preserving your dignity. That is why we offer a variety of options that can help you overcome potential legal entanglements arising from your dire financial situation before it’s too late.
Bankruptcy can be quite an intimidating idea to deal with for many people. Although filing a case may not be an easy decision to make, you need not be so apprehensive about it. With more than 10 years of bankruptcy law practice backing us up, we can help you make the right decision.
Our legal team guides you through the process every step of the way. We explore a wide range of solutions so that you can achieve financial freedom.
All these are considered with a focus on preserving your dignity. At the same time, we find ways to protect your credit standing so that you continue to enjoy the trust of entities that you will be dealing with in the future.
Let us help you save your:
Chapter 7 Bankruptcy
Filing Chapter 7 may give you the fresh start you are looking for but you still need to know if this is the best alternative for you. It is just as crucial to be certain if your debt situation qualifies for this legal option.
We assess your present capability to pay and then help you determine the best plan of action. Through attentive legal counseling from us, you get a clear idea of how the entire process goes.
Filing a Chapter 7 bankruptcy case allows you to:
Retain exempt property
Negotiate reaffirmation agreements
Avert utility shutoffs
Avoid wage garnishments
Prevent creditor harassment
Preclude lawsuits and evictions
Rule out foreclosures
Chapter 13: Reorganization Bankruptcy
Under the current laws, Chapter 13 allows you to reorganize your debts and reduce your payments over time. Chapter 13 may or may not be a better alternative to filing a Chapter 7 case. However, we can help you determine the right path to take.
Filing a Chapter 13 case is recommended in the following instances:
You have non-exempt property that you want to keep
You wish to settle missed payments and reinstate the original agreement
There are student loans, taxes, or other commitments that cannot be dismissed under Chapter 7
There is a co-debtor that you want to protect
Buy More Time for Repayments
To restrain a foreclosure action, mortgage companies often require a large downpayment or ask you to make double payments until the mortgage is settled. In a Chapter 13 case, you are given up to 3 to 5 years to settle the mortgage.
This provides you with a reasonable amount of time to get your finances and life back on track. In the repayment plan that we create, the majority of the attorney’s fees are included.
Save Your Home From Foreclosure
Because the economy is cyclical, no one knows how a slump in the economy can affect us in the blink of an eye. This can impact your most prized possession—your home.
Preempt a foreclosure and find a doable solution to reschedule mortgage payments. We can help you work out a plan that also provides protection for your credit history.
After filing your bankruptcy cases with the proper courts, we work hard to reinstate your driver’s license. In so doing, you gain enough leverage to keep your homes, cars, and personal belongings.
We help prevent:
Garnishments and repossessions
Lawsuits and foreclosures
Harassing phone calls from creditors
Disconnection notices from utilities
Retain Ownership and Reinstate Driving Licensing
You may qualify for:
Loan workout options
Beware of Predatory Lending Offers
Such alternatives do exist but do not consider any to avoid creating more cash flow problems. These schemes are commonly offered with the intention of taking advantage of your urgent predicament.
Do not sign any document that you do not fully understand. Be inquisitive and report any misconduct if you find any.
Guaranteed Response Within 1 Business Day
We are a debt relief agency. We help people file for relief under the Bankruptcy Code.
To learn more about legal technicalities when filing a Chapter 7 or 13 bankruptcy case, call us at 614-443-7920 or 1-800-774-8544.