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Chapter 7 Bankruptcy
Professional Chapter 7 Bankruptcy Attorney (lawyer) legal
services in Toledo, Northwood,
Sylvania, Bowling Green, and the surrounding
Northwest Ohio communities.
 The
purpose of a chapter 7 bankruptcy is to wipe out
your debts, allowing you to get a "Fresh Financial
Start".
In a
chapter 7 bankruptcy
a trustee will be appointed by the court to liquidate
(sell) all assets which do not fall under the
bankruptcy exemption guidelines. The net proceeds
collected in the liquidation of the non-exempt assets
are then distributed to your creditors.
With offices
conveniently located in Northwood, Sylvania,
and Bowling Green, Ohio, Hizer & Schimmel provides
professional chapter 7 bankruptcy attorney
(lawyer) legal services for the greater Toledo
and Northwest Ohio area.
If you are facing
a potential chapter 7 bankruptcy, you should seek
detailed and aggressive chapter 7 bankruptcy
legal representation.
It is also important to have a voice of experience on
your side. Contact Hizer & Schimmel today by calling
(419) 693-0911
(Toledo & Northwood Area),
(419) 841-3600
(Sylvania Area),
or
(419) 353-2400
(Bowling Green area)
to see how we may be able to help you.
Debts which cannot be
included for discharge in a Chapter 7 bankruptcy
may include, but not limited to:
Typically an individual who
files for a Chapter 7 bankruptcy has a large
credit card debt which may include multiple credit
cards, various unsecured bills with may be associated
with various assets which the payment status may or may
not be delinquent.
In many Chapter 7
bankruptcy situations you may be able to keep
specific secured debts such as your car, furniture, or
home, as long as you reaffirm your commitment to
continue paying these debts. In order to keep these
items in a successful Chapter 7 bankruptcy you
must voluntary sign a "reaffirmation agreement", which
stipulates that you cannot file bankruptcy to discharge
the debt of these items for 6 years.
The purpose of the
"Reaffirmation Agreement" is to protect "reaffirmed"
debtors, as well as ensuring an individual does not try
to abuse the bankruptcy process.
Regarding
chapter 7 bankruptcy legal needs, Hizer & Schimmel has the experience and
resources to effectively guide you through the legal process. We always strive to
provide the highest
standard of legal representation to aggressively pursue your
chapter 7 bankruptcy legal goals.
If you are
contemplating filing for chapter 7 bankruptcy, and need to seek
experienced legal advice
and representation from a qualified chapter 7 bankruptcy
attorney (lawyer), please call our office to schedule a confidential legal
consultation
by calling
(419) 693-0911
(Toledo & Northwood Area),
(419) 841-3600
(Sylvania Area),
or
(419) 353-2400
(Bowling Green area).
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