Types of personal bankruptcy in ohio


Types of personal bankruptcy in ohio state

Cost of filing bankruptcy in ohio!

Bankruptcy – Ohio frequently asked questions

1. What is Bankruptcy?

Bankruptcy is a legal proceeding in which an individual who cannot pay his or her bills can get a fresh financial start.

The right to file for bankruptcy is provided by federal law, and all bankruptcy cases are handled in federal court.

Types of personal bankruptcy in ohio

  • Types of personal bankruptcy in ohio
  • Types of personal bankruptcy in ohio state
  • Cost of filing bankruptcy in ohio
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    • (see Ohio Court Directory) Filing bankruptcy immediately stops all of your creditors from seeking to collect debts from you, at least until your debts are sorted out according to the law.

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    2.

    What Can Bankruptcy Do for Me?

    Bankruptcy may make it possible for you to:

    • Eliminate the legal obligation to pay most or all of your debts. This is called a “discharge” of debts. It is designed to give you a fresh financial start.

      (see bankruptcy – Ohio exemptions)

    • Stop foreclosure on your house or mobile home and allow you an opportunity to catch up on missed payments. (Bankruptcy does not, however, automatically eliminate mortgages and other lie