When choosing a bankruptcy attorney it is important to consider the commitment of the lawyer. I am a licensed Cleveland, Ohio Bankruptcy Attorney who will take your case seriously. This website contains information regarding Cleveland bankruptcy law and will assist the reader in determining if they can and/or should file bankruptcy.
This site will give information on the bankruptcy process in general and to help assessment of an individual or family's financial situation if bankruptcy or an alternative plan would be best suited to their needs. Bankruptcy laws have a tendency to change often and it is important to seek an attorney who keeps up with ever-changing case law.
This site will give information on the bankruptcy process in general and to help assessment of an individual or family's financial situation if bankruptcy or an alternative plan would be best suited to their needs. Bankruptcy laws have a tendency to change often and it is important to seek an attorney who keeps up with ever-changing case law.
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About Our Firm
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The best way to calm your worries is to get information. When people contact us, they tend to walk away with a more optimistic outlook and real actionable ways to start over. Formerly, the Publisher and Editor in Chief of Ohio Lawyers Weekly and Lead Attorney Editor at West Group, Attorney Benson brings 28 years of legal experience in helping clients and educating fellow attorneys.
Scholarships
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Every year, our firm grants a $1,000 scholarship to the American college student who creates the best video essay. This year's topic is how bankruptcy helps small businesses. Record a one- to two-minute video explaining how bankruptcy laws help small businesses and promote economic growth. Applicants should use plain English and speak honestly.
Bankruptcy
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Most people contemplating bankruptcy obviously are in a financial bind. As a result, it is natural that one of the questions they ask of a bankruptcy attorney is how much it will cost to file. This desire to keep bankruptcy costs as low as possible is understandable. Those considering bankruptcy should be aware that the best long-term option that saves the most money is not necessarily what appears to be the cheapest path.
Chapter 7
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Known as "liquidation" bankruptcy or "straight" bankruptcy, Chapter 7 is a fast-acting debt relief system that offers individuals a fresh start. This particular form of bankruptcy is attractive to individuals who suffer from large amounts of unsecured debts, such as medical bills, credit card debt, and utility expenses, as a large majority of these debts are forgiven as a result of filing.
Chapter 11
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When we hear about a bankruptcy in the news, especially that of a major corporate entity, they are usually talking about Chapter 11. Another type of repayment bankruptcy, Chapter 11 is known as a "reorganization bankruptcy." This indicates that over the course of the bankruptcy proceeding a debt repayment plan must be formulated and approved to give the company or individual a trajectory toward being debt free.
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