1 05, 2017

Median Family Income for Cases Filed On or After May 1, 2017

By |2017-04-30T19:37:27-05:00May 1st, 2017|Bankruptcy Basics, Bankruptcy Filing|

The Median Family Income in Ohio amount is very important.  It determines whether you qualify to file Chapter 7 Bankruptcy.  It also determines the length of your repayment plan in a Chapter 13 Bankruptcy case.  The current monthly income test looks at the average gross family income for the six months before you file your case. [...]

7 11, 2016

Vicious Cycle of Payday Loans

By |2016-12-09T21:33:53-05:00November 7th, 2016|Bankruptcy Basics|

Payday loans are an easy way to get cash when money is tight before your next pay day.  However, these loans can create vicious cycle of borrowing money that some people can never stop. What is a Payday Loan? Payday loans help holdover an individual until their next pay day.  Typically a lender will will [...]

18 10, 2016

Preparing for Your Bankruptcy Consultation

By |2016-12-09T21:33:53-05:00October 18th, 2016|Bankruptcy Basics|

Your initial bankruptcy consultation is an important time to learn about the process and to get answers to your questions.  Filing for bankruptcy relief is an important decision you have to make.  Bankruptcy can help turn your financial life around.  There is a lot of information you will need to put together and provide your attorney. [...]

5 06, 2016

Bankruptcy, Documents and the Clients Who Keep Them

By |2016-12-09T21:34:08-05:00June 5th, 2016|Bankruptcy Basics|

If your bankruptcy attorney hasn't filed your case yet...chances are they are waiting on documents. Once you retain a bankruptcy attorney they will give you a list of documents they need.  An issue that commonly arises is that time goes by and new documents are necessary to obtain.  The quicker you provide the necessary information the quicker [...]

27 01, 2016

Make the Most of Your Free Bankruptcy Consultation

By |2016-12-09T21:34:09-05:00January 27th, 2016|Bankruptcy Basics, Bankruptcy Filing, Consumer Bankruptcy|

The following items will help me get to know you so that I can analyze your bankruptcy case as quickly as possible.  This, in turn, will provide more to answer your specific questions during the free consultation.  The items requested are not meant to overwhelm you and should not stop you from seeking legal advice.  If you [...]

25 01, 2016

Keeping Your Tax Refund When Filing Bankruptcy

By |2016-12-09T21:34:10-05:00January 25th, 2016|Bankruptcy Basics, Bankruptcy Exemptions, Consumer Bankruptcy|

Benjamin Franklin is attributed with the saying that nothing is certain except death and taxes.  And while little can be done about the certainty of death, I can help you maximize the money that stays in your pocket by utilizing your tax refund exemptions when you file for bankruptcy. On the date you file for bankruptcy, [...]

11 01, 2016

Debunking Commonly Asked Bankruptcy Myths

By |2016-12-09T21:34:12-05:00January 11th, 2016|Bankruptcy Basics, Bankruptcy Exemptions, Consumer Bankruptcy|

When you are considering filing bankruptcy you will hear all kinds of bankruptcy myths – information which is half-true, misleading or outright false. Bankruptcy tales vary and grow with lore each time they are told. Here are some of the most common myths that I have heard: I will lose everything that I own if I [...]

4 01, 2016

What Happens When You Inherit Property While in Bankruptcy?

By |2016-12-09T21:34:13-05:00January 4th, 2016|Bankruptcy Basics, Bankruptcy Code, Bankruptcy Protection|

When you file for bankruptcy protection everything that you own becomes property of your bankruptcy estate.  But what happens to property you acquire after you file bankruptcy?  Typically, after acquired property is of no concern; however, if you inherit property after your case is filed timing becomes important. 11 U.S.C. § 541 puts forth a complete [...]

16 11, 2015

How To Put Together Your List Of Creditors

By |2016-12-09T21:34:16-05:00November 16th, 2015|Bankruptcy Basics|

Filing bankruptcy requires you to file certain information with the United States Bankruptcy Court.  One of these documents is the mailing matrix or list of creditors.  It is in your best interest to provide an accurate list in order for your creditors to receive actual notice of your case filing.  Sometimes clients are not aware [...]