Experienced Chapter 7 Bankruptcy Legal Services in Columbus
When Other Strategies Just Aren't Working
Most people and businesses sensibly work to avoid filing for bankruptcy protection. They first attempt to increase their income or revenue, or try to reallocate resources in an effort to pay down excessive debt. However, when layoffs, lost overtime pay, medical bills, credit card issues and other financial issues become overwhelming, chapter 7 bankruptcy may offer the best option for a fresh start. At the Reynoldsburg and Hilliard, Ohio, offices of bankruptcy law firm of Nobile & Thompson CO., L.P.A., we have helped many thousands of clients successfully reduce debt through chapter 7 bankruptcy.
Chapter 7 Bankruptcy Can Eliminate Debt While Protecting Key Assets
Some key features of chapter 7 bankruptcy are as follows:
- You will be required to make full disclosures of all debts and assets in documents which we will prepare and file.
- We will work to help you "pass" a means test conducted to determine whether your disposable income levels allow you to qualify for chapter 7.
- We will counsel you on retaining key assets and equity through permissible use of Ohio, and Federal exemption laws.
- If any of your property is recoverable, the proceeds of the sale of such property are used to pay down unsecured debt.
- You will generally emerge from chapter 7 bankruptcy within three to five months after filing with drastically reduced debt and debt payments.
Eligibility to File for Chapter 7 Bankruptcy
Since bankruptcy laws were changed recently, many potential clients believe they are unable to file for chapter 7 bankruptcy protection. In fact, over 90 percent of individuals and business owners who walk through our door with serious doubts regarding their chapter 7 eligibility can file. Do not believe creditors' threats, and do not believe rumors that recent changes to bankruptcy laws disqualify you from filing for chapter 7 bankruptcy.
If you are considering filing for chapter 7 or chapter 13 bankruptcy, we can provide experienced help. In addition to 40 years of combined bankruptcy law experience, firm attorneys Matthew Thompson and Jim Nobile:
- Have worked as former creditor bankruptcy attorneys, representing the very parties that are now pressing you to make payments they know you can no longer make
- Have both served as presidents of the Creditor Education Coalition, and have presented dozens of seminars regarding bankruptcy law to numerous organizations
Contact Us
If you have questions regarding chapter 7 business and personal bankruptcy, contact our firm. We offer free initial consultations, are available for weekday and evening appointments, operate two offices for your convenience, and are open until six o'clock during the week and from nine until noon on Saturday. Both of our offices are conveniently located right off I-270. Our Hilliard office is located right off of the Cemetary Road Exit and our Reynoldsburg office is located right off the Main Street Exit. To contact a lawyer, call 866-488-3044 or 614.503.4497.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
