Top Cincinnati, OH Chapter 7 Business Bankruptcy Lawyers Near You
2775 US 22, Suite 6, Maineville, OH 45039
201 East Fifth Street, Suite 1900, Cincinnati, OH 45202
50 E Business Way, Suite 110, Cincinnati, OH 45241
708 Walnut Street, Suite 600, Cincinnati, OH 45202
425 Walnut Street, Suite 1800, Cincinnati, OH 45202
312 Walnut Street, Suite 1800, Cincinnati, OH 45202
312 Walnut Street, Suite 3200, Cincinnati, OH 45202
One Financial Way, Suite 312, Cincinnati, OH 45242
11156 Main Street, Cincinnati, OH 45241
600 Vine Street, Suite 2500, Cincinnati, OH 45202
201 East Fourth Street, Suite 1900, Cincinnati, OH 45202
301 East Fourth Street, Suite 3300, Cincinnati, OH 45202
220 Mill St, Milford, OH 45150
7850 Five Mile Road, Cincinnati, OH 45230
6565 Harrison Avenue, Cincinnati, OH 45247
8150 Corporate Park Drive, Suite 350, Cincinnati, OH 45242
10200 Alliance Road, Suite 100, Blue Ash, OH 45242
5181 Natorp Boulevard, Suite 202, Cincinnati, OH 45249
312 Elm St, Suite 2200, Cincinnati, OH 45202
632 Vine Street, Suite 1010, Cincinnati, OH 45202
312 Walnut Street, Scripps Center, Suite 1050, Cincinnati, OH 45202
7103 Hamilton Mason Rd, West Chester, OH 45069
8075 Beechmont Avenue, Cincinnati, OH 45255
312 Elm St, Suite 1200, Cincinnati, OH 45202
10979 Reed Hartman Highway, Suite 239, Cincinnati, OH 45242
Cincinnati Chapter 7 Business Bankruptcy Information
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What Is Bankruptcy?
Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.
What Happens When I File for Bankruptcy?
When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.
How Much Does It Cost To File for Bankruptcy?
There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.
How Long Does Bankruptcy Stay on Your Credit Report?
A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.