Although many negative connotations are associated with declaring bankruptcy, it’s often an excellent opportunity for people to get out of debt and explore financial freedom. However, if you are considering bankruptcy, one of your top concerns could be how a bankruptcy declaration will affect your employment and ability to earn a living. Before you file, here are some of the most important things you need to remember. What are the Read More The post Does Filing for Bankruptcy Affect Employment? appeared first on Cleveland Ohio Bankruptcy Attorneys ..read more

If your ex-spouse declares bankruptcy while you are still married and your divorce has not been finalized, it could significantly impact you financially. Determining how your property, assets, finances, and debts are distributed when you divorce will be essential to the settlement process. Unfortunately, a bankruptcy declaration can have a significant impact on these plans. Understanding how your plans could be affected by your ex’s bankruptcy declaration could considerably impact Read More The post What if Your Ex-Spouse Files for Bankruptcy? appeared first on Cleveland Ohio Bankruptcy Attorn ..read more

Utilities are vital to everyday life. It can be easy to take them for granted, but like other services, you must keep up with payments. If you have difficulty keeping up with those payments, you risk a disconnection. There are ways to stop or stall a disconnection, and programs designed to help those in need. Why Would Utilities Get Cut Off? The most common reason that a utility suspension happens Read More The post How to Deal with Utility Disconnections appeared first on Cleveland Ohio Bankruptcy Attorneys ..read more

It’s no surprise that the COVID-19 pandemic has had an unprecedented effect on the world economy. But despite the pandemic recession and economic turmoil, personal bankruptcies in the U.S. declined significantly in 2020 and 2021 — by about 30% from 2019. However, those numbers could rise again. With the pandemic seemingly waning, several factors have evolved that could cause a new wave of bankruptcies in the coming months. How COVID Read More The post Are More COVID-Bankruptcies On the Way? appeared first on Cleveland Ohio Bankruptcy Attorneys ..read more

It is not unusual for graduates to have trouble making their student loan payments. Some repayment terms have massive principles that often require up to 60% of a graduate’s income. When you factor in high interest rates, it’s no wonder that one out of every 10 Americans defaults on a student loan The post 5 Student Loan Forgiveness Programs You Should Know About appeared first on Cleveland Ohio Bankruptcy Attorneys ..read more

No matter what type of financial difficulties you’re experiencing, there is a solution to your problem. An experienced debt settlement lawyer at Luftman, Heck & Associates helps you explore your options. Our Cleveland bankruptcy attorneys analyze your situation to determine the best solution to get you out of debt and into financial freedom. When To Call a Debt Settlement Lawyer in Cleveland It can be challenging to know whether you Read More The post Do You Need a Debt Settlement Lawyer? appeared first on Cleveland Ohio Bankruptcy Attorneys ..read more

Are your wages being garnished to pay off a debt? You have options to stop creditors from taking money out of your paycheck. Although bankruptcy is one option, it may not be the best solution for you. Request a Court-Appointed Trustee Under Ohio law, you may be able to avoid wage garnishment if you enter into a trusteeship. Trusteeships can stop wage garnishment and prevent creditors from harassing you for Read More The post How To Stop Wage Garnishment Without Bankruptcy appeared first on Cleveland Ohio Bankruptcy Attorneys ..read more

Your unemployment benefits might not be enough to pay for housing, insurance, groceries, and other expenses. Now, to make matters worse, you’ve received a letter telling you the state overpaid you and wants its money back. The COVID-19 pandemic forced many people out of work for months, causing tremendous financial hardship. If you are in debt and considering bankruptcy, please keep reading to find out if you can discharge unemployment Read More The post Can I Discharge an Unemployment Overpayment in Bankruptcy? appeared first on Cleveland Ohio Bankruptcy Attorneys ..read more

If you’re considering bankruptcy, you probably want to know more about the process and what it costs. Many people who reach out to bankruptcy attorneys are worried about bankruptcy-related expenses, including attorney’s fees. We get it. You’re already struggling, and bankruptcy isn’t automatically free. But there are ways to deal with the costs, and in the long run, help you financially. A 2016 study revealed that the average national average Read More The post How Much Does a Bankruptcy Attorney Cost? appeared first on Cleveland Ohio Bankruptcy Attorneys ..read more

No one decides on bankruptcy because of one over-due bill. Instead, most people are behind on numerous debts, including their mortgage or rent, auto loan, credit cards, student loans, taxes, and in some cases, restitution, criminal fines, and court fees. You must understand what is and is not dischargeable in bankruptcy, especially if you’re weighed down by certain fines based on a past criminal conviction. While bankruptcy may still be Read More The post Can Criminal Fines Be Discharged in Bankruptcy? appeared first on Cleveland Ohio Bankruptcy Attorneys ..read more