Ohio and Northern Kentucky Bankruptcy Lawyer
You face foreclosure, repossession, or tax debt. Would you be able to catch up on your payments if you were given some breathing room? If so, Chapter 13 bankruptcy might be right for you.
My name is Patrick J. Conway. As a Cincinnati, Ohio, Chapter 13 bankruptcy attorney, I have been helping people get out of debt and make sound decisions regarding their financial future for 29 years. As your lawyer, I will explain your options and guide you through the bankruptcy process. I help people who live in Greater Cincinnati and Northern Kentucky.
If you are having trouble with your debt, contact me for an experienced Cincinnati Chapter 13 bankruptcy lawyer to learn what steps you can take to protect your assets while reducing your debt.
What Is Chapter 13 Bankruptcy?
Chapter 13 is a debt repayment plan that stops creditor harassment and wage garnishment and protects you from creditor lawsuits while allowing you time to repay your debts. Some other Chapter 13 benefits include:
- Interest on your debt will be reduced (sometimes to zero) and fines and penalties will be discharged
- You can stop home foreclosure proceedings
- You can catch up on missed mortgage or car payments
- You can make one payment to the bankruptcy trustee, who will distribute it to your creditors
- You can feel good that you are paying your debt
Within three to five years, your debt will be repaid or discharged, leaving you on stable financial footing.
The Effect of Chapter 13 Bankruptcy on Your Credit Score
Far from having a negative effect on your credit rating, as many people fear, you are more likely to find that within a year of filing your credit score actually improves. By making the monthly payments on your repayment plan, you are rebuilding your credit.
For more information about Chapter 13, check out these articles:
- Reasons to Use Chapter 13 Bankruptcy Instead of Chapter 7 Bankruptcy
- Your Obligations Under a Chapter 13 Bankruptcy Plan
- What Happens to Your Car in Chapter 13 Bankruptcy?
- Your Home in Chapter 13 Bankruptcy
Experienced Ohio Lawyer With You Every Step of the Way
To talk to a lawyer about whether Chapter 13 bankruptcy is the right choice for you, contact me, a Hamilton County filing bankruptcy lawyer, or call 513-924-4517 to schedule a free initial consultation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
