Ohio And Kentucky Lawyer Assisting You With Debt After a Job Loss
Over the past few years, the economy has taken a significant downturn. Hardworking people are losing their jobs. Others are taking pay cuts or are being offered less overtime. This income interruption causes financial problems for individuals and families. Creditors and lenders, however, still demand their regular payments.
My name is Patrick J. Conway. As an attorney with an office in Cincinnati, I understand the financial troubles people can face after a job loss or reduction in hours. In my 29 years of bankruptcy experience, I have seen many highs and lows in the economy. This gives me valuable insight regarding how to keep your head above water during tough times.
Examine Your Financial Obligations
Even though you are not bringing in your regular income, your bills still need to be paid. You are responsible for daily living costs, vehicle payments, credit card bills and other expenses. Evaluating your financial obligations can help you determine your priorities. The most important expenses usually include:
- Paying your mortgage or rent
- Continuing to provide food and medicine
- Maintaining utility services
- Making vehicle and auto insurance payments
If you are behind on your bills, creditors will inevitably attempt to collect money from you. They may pressure you to take money from your retirement savings to pay them. However, you should not let their debt collection efforts pressure you into moving a certain debt up in your priority list. Creditors simply want to get paid and cannot be trusted to offer sound financial advice.
Bankruptcy Can Help
If you are concerned about your debt after taking an inventory of your financial situation, contact my office to discuss if Chapter 7 bankruptcy or Chapter 13 bankruptcy is right for you. Bankruptcy can:
- Stop creditor harassment
- Halt foreclosure proceedings
- Eliminate most garnishments
- Stop vehicle repossession
- Allow you to improve your credit score
Debt resulting from job loss can be devastating. I can help. Let's work together to rebuild your financial future on more solid ground.
Act Quickly To Protect Yourself
To learn more about your options, contact me online or call my office at 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.
