Bankruptcy Services For Bucyrus, Ohio
Kennedy Purdy Hoeffel & Gernert LLC
Having someone in your corner is important, someone who will fight for you despite the odds. So, whether you are in mediation, or you are walking into a court room, you need to trust your legal representation.
At Kennedy Purdy Hoeffel & Gernert LLC, we have attorneys in Bucyrus ready to fight in your bankruptcy case.
Therefore, regardless of the issue, we have the knowledge and experience to evaluate your position in order to obtain a fair and equitable outcome for you.
Learn more about how we can help you through the bankruptcy process by reading our comprehensive guide! And read through our post detailing the most common mistakes when applying.
Bankruptcy in Bucyrus, Ohio
Navigating the labyrinth of bankruptcy laws requires a guiding hand of competence. We enthusiastically embrace that responsibility at Kennedy, Purdy, Hoeffel & Gernert. Our top bankruptcy lawyers are experts at dissecting the intricate facets of bankruptcy to provide you with efficient relief.
Chapter 13 Bankruptcy in Ohio: Understanding Your Financial Landscape
Bankruptcy is not an easy decision, nor is it a one-size-fits-all solution. Our approach is anchored in thoroughly evaluating each client’s unique financial climate. We delve into every aspect—your income, debts, and assets—to fashion personalized recommendations to secure the best outcome. It is especially essential when you are dealing with complex matters like Chapter 13 bankruptcy in Ohio that our team guides you through.
Reliable Legal Guidance in Bucyrus, Ohio
Each financial crisis is unique, and tackling it calls for legal advice you can depend on. Located in Bucyrus, Ohio, our team of lawyers for bankruptcies provides dependable legal counsel that stands the test of uncertainty. Whether your financial distress demands a Chapter 13 bankruptcy filing or another debt solution, our attorneys ensure that your path to monetary stability is well-defined and on solid legal ground.
Initiating the Bankruptcy Process
Contemplating bankruptcy is overwhelming enough without the added concern of navigating the legal process. When you start your bankruptcy journey in Ohio with Kennedy, Purdy, Hoeffel, and Gernert, you’re not just getting a lawyer—you’re getting a team of advocates. We lend our legal expertise to your case and our unwavering support through the often-daunting landscape of bankruptcy filings in Ohio.
At Kennedy, Purdy, Hoeffel & Gernert, our goal is to lighten the burden of your financial troubles and help you regain control of your economic future. So, when you’re ready to take the first step, we’re here to help you commence the process and navigate toward a fresh financial start.
FAQ About Bankruptcy
It can be confusing beginning your bankruptcy case, that is why we have this helpful FAQ section! This section delves into a few of the most frequent questions we have received from our clients. If a question you have is not here, then be sure to contact us.
Bankruptcy initially takes a toll on your credit. As it is a sign that you have had unmanageable debts. A Chapter 7 bankruptcy will remain on your credit reports and affect your credit scores for 10 years, while a Chapter 13 bankruptcy will affect your credit score for seven years. However, this does not mean you cannot rebuild your score! No, there are many ways for you to begin rebuilding your credit score after bankruptcy. Always be sure to be paying your bills on time, as well as making a budget. With hard work, you and your score can recover! Connect with us to begin your plan.
There are several factors that go into determining if you are able to declare bankruptcy. For chapter 7 bankruptcy, you have to pass the “means test”. This determines how you compare to the median income in your state. If you do not qualify for chapter 7, you may still file for chapter 13. There is also no minimum debt amount required. To learn if you qualify, please contact us to set an appointment!
You might wonder which type of bankruptcy you need. The major difference is that Chapter 7 bankruptcy completely eliminates all debts you owe, while Chapter 13 simply allows you to reorganize or restructure your debt, and requires you to pay off some of your debt.
The process of bankruptcy can seem confusing and scary, but our experienced bankruptcy attorneys in Bucyrus can guide you through every step! First, there are several forms that you will need to fill out. We will assist you, and get them filed properly. After that, we will get a court date for bankruptcy court, where it will be decided.
Bankruptcy, while a great asset, can be misused. It should only be declared once debts and bills are so overwhelming there is no other answer. If you have a manageable amount of debt, then declaring bankruptcy would hurt more than help. There is also a large chance you might not qualify, having wasted your time. But, if you are truly facing overwhelming debt, then bankruptcy is a great solution. If you need more specifics on your case, please contact us to get a meeting scheduled!
