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Should
you file for Bankruptcy? Find out here.
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If
four or more of the following apply to you,
you should have seen me months ago. |
- Collection
agencies are calling you
- Debts
over $5000 not including car or house
- Your
payments are over 25% of your take home pay
- Payments
are more than one month behind on more than one bill.
- Your
mortgage or rent is always late or behind.
- You
frequently need to get a cash advance.
- You
need to buy necessary items like food or clothing on
credit.
- You
are frequently late on payments, and you are
"Robbing Peter to pay Paul".
- Your
balances are not getting down even though you make
payments.
- You
have medical bills over $5000.
- You
are facing a wage garnishment or you are getting
threats of a wage garnishment,
- You
have no savings.
- You
owe Income taxes you can't pay now.
- You
are in Foreclosure.
- You
have been given notice of a Sheriff Sale.
- You
have had a repossession, return, suit, or execution,
garnishment or attachment.
Request
Consultation Now.
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What
Can Bankruptcy Do for You? |
- Get
rid of as many bills as possible
- Stops
calls and letters from Bill Collectors
- Stops
Foreclosure and/or Sheriff Sale
- Stops
Car Repossessions
- Stops
Wage Garnishments
- Stops
interest on Charge Cards
- Stops
Lawsuits immediately
- Stops
the IRS
- Sometimes
Bankruptcy can improve your credit
- Helps
you catch up on house and car payments
- Allows
you to start a Savings plan immediately
- Keeps
your personal belongings and furnishings (up to
Statutory Limits)
- Gets
you out of Car Leases
- Protects
your assets from Lawsuits and attachments and
garnishments
- Allows
you to start saving for a house
- Clears
up past utilities bills - only a deposit may be needed
to restart service
- Stops
the circle of anxiety caused when being hounded by
collectors
- Restores
peace of mind
- Gives
you a fresh start
- Keeps
you from DROWNING IN A SEA OF DEBTS
Request
Consultation Now.
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Quick
Facts About Bankruptcy |
- Bankruptcy is
a means by which a person or a company may
discharge the debts owed to creditors without
paying them
- A person or
company who files Bankruptcy is called the
debtor.
- Bankruptcy is
authorized by Federal laws, and a Bankruptcy
Petition must be filed in the United States
Bankruptcy Court.
- A husband and
wife may file a joint petition for bankruptcy.
- A bankruptcy
may be filed by anyone who has been a resident
within the Bankruptcy Court's jurisdiction for
six months.
- Once a
bankruptcy is filed, all the debtor's
creditors must refrain from proceeding with
any action to collect without first obtaining
permission of the Court.
- Creditors may
not telephone or write letters to a debtor
concerning the debt after he or she has filed
a Bankruptcy Petition.
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The
Three Types of Bankruptcy: |
- Chapter
7, which is a liquidation of all assets in favor of
creditors unless the assets are excluded by the
Bankruptcy Code.
Learn More Click
Here
- Chapter
11, which is a re-organization of business. Learn
More Click
Here
- Chapter
13, which allows a person to reorganize his or her
affairs to obtain a fresh start by repayment of all or
part of the debts of an individual with regular
income.
Learn More Click
Here
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A
Chapter 7 Bankruptcy is also know as a
"straight" or "liquidation" or
"traditional" bankruptcy. The court appoints an
individual known as a Trustee to oversee your bankruptcy.
The Trustee usually is a local attorney or Federal
employee. The Trustee in Chapter 7 Bankruptcy must ensure
that all the procedures are being followed according to
the law. |
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A
Chapter 11 Bankruptcy is for large businesses and is not
available to consumers. Lloyd Cohen is available to
represent businesses whose debtors are in Chapter 7 or
Chapter 13 Bankruptcy. |
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A
Chapter 13 Bankruptcy is also known as a Wage-earners Plan
or Repayment Plan Bankruptcy. Just as its name implies, it
provides a way to repay all or at least some of the money
you owe to your creditors from the income or wages you
earn. Some think of it as a Debt Consolidation. In a
Chapter 13 you develop a repayment plan with the help of
your attorney. Your plan lets you pay back some or all of
the money you owe. This repayment plan usually takes three
to five years to complete. |
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Which
Chapter is Best for you? |
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How
do you decide which chapter of Bankruptcy is best for your
situation? Well, the answer to this comes only through
consultation with and advice from an attorney specializing
in Bankruptcy, who has studied and understands the
bankruptcy laws, knows the rules and also fully
understands your situation. But before your attorney can
give you that advice, you must provide complete
information. Reviewing all the information will allow your
attorney to fully understand your particular situation.
Only then can he or she advise whether you should declare
bankruptcy, and if so, what kind to file.
Request
Consultation Now. |
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How
Do I Find the Right Attorney? |
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First,
you need to find a lawyer who practices in your
jurisdiction and is able to go to court with you. Second,
you need to realize that Bankruptcy is a complicated area
of law. Selecting an attorney strictly based on price may
be the most expensive thing you ever do because it is
possible to lose a bankruptcy case or, at the least, lose
valuable property and possessions. The right attorney has
enough experience to guide you through these difficult
decisions. |
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How
Do I Get My Fresh Start? |
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You
begin your fresh start by seeking the advice of a lawyer
who is familiar with the new laws on Bankruptcy and
Chapter 13 and who is knowledgeable about solutions to
problems concerning consumer credit and debt relief. Request
Fresh Start Consultation Now.
Your
Fresh Start comes because both Bankruptcy Chapter 7 and
Chapter 13 will stop action against you on bills and
installments payments. The Federal Court will issue an
automatic order called a "Stay" to stop
harassment; stop repossession; stop garnishee; stop
foreclosure; and stop debt collections.
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If
you believe you are in need of legal service,
please click here, and our office will
provide you with a preliminary evaluation
regarding whether Attorney Cohen may be able to
help you resolve your concerns. If you prefer, you
may call Attorney Cohen's office 24/7 at
1-866-LDCOHEN (866-532-6436) or 614-444-4211.
Telephone calls will reach us faster than email. |
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The information
contained in this web site is intended for marketing and
information purposes only. It is not to be construed as
legal advice. It is not an offer to represent you, nor is
it intended to create an attorney-client relationship.
Before Attorney Cohen will represent you as a client, he
will need to spend time with you in person, reviewing and
analyzing the circumstances of your financial or legal
problems.
The
Bankruptcy Abuse Prevention and Consumer Protection Act of
2005 Requires the following notice: We are a Debt
Relief Agency. We help people file for bankruptcy relief
under the Bankruptcy Code. This web site is not an
offer to provide bankruptcy assistance services to any
assisted person as defined under Section 527(a)(2) of the
Bankruptcy Abuse Prevention and Consumer Protection Act of
2005.
Law
Offices
824 South High Street
Columbus, Ohio 43206 (map)
just minutes from
1-70/1-71
1-866-LDCOHEN
(866-532-6436)
614-444-4211
Monday through Thursday 8-5
Friday, evening, and weekend hours by special appointment only
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