Bankruptcy is a good option for obtaining relief from a mountain of debts. Bankruptcy can remove the emotionally crippling events caused by threatening phone calls, garnishments, court suits and bill collectors coming to your home. All of this can be stopped immediately on the day you file for bankruptcy. Visit website for more information.
The economic turmoil of the past several years has put many people into an unbearable and seemingly unsolvable situation, but nothing could be farther from the truth. Congress has recognized the terrible delima the economy has placed so many families in. If you are tired and worn down by financial problems then you should contact the Bankruptcy Lawyer Piqua OH for a free consultation.
This will be the first step toward rebuilding your financial life and helping yourself and your family find peace of mind. All of your debts can be wiped away by Chapter 7 Bankruptcy. This is a relief you will appreciate forever. If you are threatened with foreclosure, then filing for bankruptcy can stop this process from taking your home. If your income is being garnisheed, this can be stopped immediately also.
Filing for bankruptcy requires you to list all of your debts and all of your assets including cash in your wallet. The reason for this is the Bankruptcy Court does not want people hiding assets which could be distributed to creditors if they are the kind of assets which fall into this category.
If you have an antique car which is worth more money than you are allowed to keep, then you will have to sell it. This is also true of any other valuable assets. The question often comes up about pre-paid cemetery lots and the answer is what did you pay for them and when did you buy them. Discuss matters like this and the issues of house value, art work value and tools with your attorney.
You will need to be absolutely open with your attorney about all of these kinds of issues so he can guide you into taking the right action. The Bankruptcy Court will not look kindly on hidden assets or assets which are not disclosed. You can discuss these issues and all questions freely with Shipman, Dixon & Livingston Co. L.P.A. Relief could be just a phone call away.
