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Wipe Out Debt With Chapter 7 Bankruptcy

If you are struggling with overwhelming debt, there is a way out. Chapter 7 bankruptcy has helped thousands of people in Ohio wipe out their debt and get back on the road to a stable financial future. If you are looking for a way out of debt, the attorneys at Roderick Linton Belfance, LLP, can help you explore the possibility of filing for Chapter 7 as well as other options. We are trusted debt relief advocates for people in Akron, Medina and throughout Northeastern Ohio.

Harnessing The Power Of Chapter 7

As soon as you file for Chapter 7 bankruptcy, a powerful legal injunction called the automatic stay goes into effect. What this means for you is that as soon as you file bankruptcy, creditors will not be able to file lawsuits against you. This is especially important if you are at risk of losing your home through foreclosure or eviction, but it can also prevent you from losing resources such as utilities. The automatic stay also stops:

  • Garnishment
  • Repossession

With Chapter 7, you are able to discharge most of your unsecured debts. Some of the common categories of debts that are discharged include:

  • Credit card debt
  • Medical bills
  • Collection agency accounts

Learn more by visiting our Chapter 7 FAQ page.

Understanding The Means Test

In Chapter 7, an individual or married couple is required to pass the “means test.” The means test compares your monthly income with the median income in Ohio. If yours is less than the median, then you would pass the means test. If your income is above the median, you may still qualify for Chapter 7 bankruptcy depending on your disposable income. If your income level does not qualify for Chapter 7, you may be able to achieve debt relief by filing for Chapter 13 bankruptcy.

It’s Time To Take Control Again

When you set up your initial consultation, our attorneys can help you understand your options so you can determine what is in your best interests. You can reach our law offices online or by telephone at 234-281-4949. You deserve a fresh start, and we are here to help you get it.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.