Clinton Bankruptcy Attorney

A Clinton bankruptcy attorney represents individuals from Summit County and Medina County in the Northern District of Ohio Bankruptcy Court, Akron Division. The Bankruptcy Courts’ website has a wealth of information, including a frequently asked questions page. The Bankruptcy Court also warns individuals against using bankruptcy petition preparers, emphasizing that these individuals are only typists and cannot perform, nor can they charge for, legal services. Only attorneys can do so, as they have the requisite education, licensing and experience to do so. The hearings for Chapter 7 bankruptcy cases are held at the trustee hearing room at 76 S. Main Street, Atrium Level #120, Akron, Ohio 44308. The hearings for Chapter 13 bankruptcy petitions are held at the Chapter 13 Trustee’s office, One Cascade Plaza, 20^th Floor, Akron, Ohio 44308. These hearings will not go forward without all the proper documentation.

Difference Between Chapters 7 And 13 Explained By Clinton Bankruptcy Attorney

In a Chapter 7 bankruptcy, one receives a quick discharge of their personal debts in exchange for the liquidation of all non-exempt assets. Usually, the person filing Chapter 7 bankruptcy has few or no non-exempt assets. Those who do have a significant amount of non-exempt assets will usually elect to file Chapter 13. In a Chapter 13 bankruptcy, one commits to repayment of a portion of his or her debts over three to five years in exchange for keeping their non-exempt assets and receiving a broader discharge of debt than is available under Chapter 7.