 114 East 8th St Suite 400 Cincinnati, Oh 45202 (513)651-Help (4357) | Chapter 13:
Chapter 13: Debt Consolidation | Stop Foreclosure Immediately!! | | Chapter 13 is a dept repayment plan through which you consolidate your debt over a 3 to 5 year period. Creditors cannot contact, harass or collect from you during the term of the plan. You can save and keep your house, car and other property in a Chapter 13. Debts that are generally consolidated in a Chapter 13 are mortgages arrears, balances on vehicle loans, student loans, credit card debt and other unsecured debt. Most of the time, only a percentage of the unsecured debt is paid back. | Chapter 13 will stop a foreclosure any time prior to the Sheriffs sale and allow you to repay your mortgage arrears over a 36 month period. You will still be obligated to make all future mortgage payments, but the foreclosure is stopped. Call me NOW because once the Sheriff sells your home, there is nothing I can do in saving your house.
| Save Your Car |
Protect Cosigners | | We can use Chapter 13 to stop a finance company from repossessing your vehicle. Depending upon the time of your purchase, you may pay back the retail value of your vehicle, the remaining amount owed will be treated as unsecured debt. We can get your car back if recently repossessed as long as we file prior to repossession sale. | Your cosigners receive the same protection that you receive under Chapter 13. Chapter 13 will protect your cosigner from collection activity, & creditors must wait to be paid through the Chapter 13.
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Consolidate Student Loans | Refinancing may not be the answer | | Although you may not eliminate your student loans in a Chapter 7, you can consolidate them with your bills in Chapter 13 and stop collection action against you. I will stop the collection action and garnishments related to student loans. If there is any remaining balance on the student loan after your Plan has ended, you should be in better financial situation to pay the remaining balance. | If you have equity in your home, you can file a Chapter 13 to protect your equity and repay your mortgage arrears. Refinancing, taking out a second mortgage or home equity loan may just create an additional monthly payment that you cannot afford; instead, by filing Chapter 13, you won't eat up your equity with another, interest-bearing mortgage. |
Chapter 7:
Chapter 7- Fresh Start | Stop Garnishments | | Depending upon your income, chapter 7 is a form of debt relief by which you may eliminate most forms of unsecured debt such as credit cards, medical bills and personal loans. In most cases, you can keep your home, car and other personal belongings. I may be able to use Chapter 7 to provide you with many of the following benefits: | A Chapter 7 is one of the most effective ways to immediately stop garnishments. Garnishments can take a portion of your hard-earned wages, making it nearly impossible for you to afford basic necessities. By filing a Chapter 7 and stopping the garnishment, you will be able to use your income for more important necessities for your family and possibly start saving for your family's future. | Stop Creditor Harassment |
Cosigner Is Not Paying | | If creditors are bothering you at work or home, harassing your family, friends and neighbors, call at all hours, you can put an end to it immediately simply by hiring me to represent you. Upon retaining my services, you provide creditors with my phone number so that they call me instead of you. | If you cosigned for a friend or relative, and their failure to pay that debt has resulted in collection activity or a lawsuit against you, Chapter 7 can eliminate your liability for the cosigned debt.
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Eliminate Repossession Debt | Lower Your Car Payment | | After your vehicle is repossessed, they auction it off to reduce their loss, usually at a sales price much less than the retail value. You are still responsible for the balance on the car, called a "deficiency balance." Remove the risk of law suits & garnishments arising from the deficiency balance by filing a Chapter 7. | For qualified clients, I can reduce your car payment. A "Redemption Motion" can be filed with the court so that you may refinance your car for its "trade-in" value, usually much less than the contract balance. The lower monthly car payment will assist you in getting a "fresh start" and rebuild your credit. | End License Suspensions and Law Suits | Rebuild Your Credit | If your driver's license is suspended for an unpaid debt arising from an motor vehicle accident, you can get your license reinstated for only paying the reinstatement fees by filing a Chapter 7. I can also stop lawsuits related to those car accidents ( non-alcohol related).
| Chapter 7 is one way for you to begin re-establishing your credit by reducing your debt-to-income ratio. With little or no remaining debt, lenders may see that you will be better able to repay your debts in the future. Many people, who file Chapter 7, buy homes within 2 years, finance cars after discharge and may even receive solicitation for unsecured credit within months. |
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