When filing a Bankruptcy is Beneficial
A Springfield, Ohio Bankruptcy Attorney Can Help You Protect Your Credit
In Ohio and throughout the country, bankruptcy is identified by its chapters, most commonly Chapter 7 and Chapter 13 for consumers, and Chapter 11 for businesses. In fact, the chapters of bankruptcy have become ingrained in our culture, with people saying a struggling business may need to “file Chapter 11”.
If you are struggling to make ends meet or feeling crushed under the weight of large debts such as credit card bills, you may be considering bankruptcy as an option.
Chapter 13
Getting pulled over in Ohio and getting arrested for an OVI (operating a vehicle while intoxicated) is a serious offense. Even if it is the first time that you have ever been pulled over, you should consult a lawyer for your case.
Here are some reasons why you need a lawyer for an OVI in Ohio.
Usually prosecutors will offer a plea offer, especially for first time offenders.
If you want a better deal than what they are offering, you should consult with a lawyer.
If you have been arrested for an OVI (operating a vehicle while intoxicated), you might not feel like you need a lawyer. After all, many people drink and drive and get away with it.
In addition to Chapter 13, Chris Wesner’s law practice addresses Chapter 7 Bankruptcy. While Chapter 13 receives recognition as a process of reorganization, Chapter 7 Bankruptcy differs in that it is a process of liquidation. Chapter 7 is USUALLY the preferred chapter of bankruptcy when someone wants to completely eliminate all of their debts. Repayment plans do not exist in this scenario as individuals concerned seek to completely absolve themselves of high levels of debt. Chapter 7 presents itself as a viable alternative in the wake of hospital bills and other unanticipated expenses.
There are many ways to defend a client against OVI (operating a vehicle while intoxicated). In other states, this is simply known as DUI. When we look at a case, there are ways to argue that the law enforcement agency’s representatives did not follow the proper procedures before arresting you for OVI.
Settle Debt and Regain Financial Freedom with an Attorney
Facing debt head on with no concrete plan to pay it back is stressful and discouraging for most individuals. Unfortunately, many people have been in this position longer than necessary because they attempted to deal with their creditors on their own. However, hiring an attorney is beneficial because attorney’s will help you get your credit back on track and recover your credit score with their guidance.
Government-backed student loan debt almost always survives a bankruptcy discharge. Unless you are severely, permanently disabled and unable to work, your loans will likely still be there long after the court grants your discharge. So, is there any benefit to filing for bankruptcy if your school loans are overwhelming?