A Sharon bankruptcy attorney represents people in need of a fresh start in the Northern District of Ohio Bankruptcy Court, Akron Division. This bankruptcy court serves individuals in need of bankruptcy relief in Medina County, Summit County and Portage County.
Chapter 7 bankruptcy hearings take place at 76 S. Main Street, Atrium Level #120, Akron, Ohio 44308. Chapter 13 bankruptcy hearings take place at the Chapter 13 Trustee’s office, which is located at the PNC Center, One Cascade Plaza, 20th Floor, Akron, Ohio 44308. These hearings will not go forward without the proper documentation.
Sharon Bankruptcy Attorney Explains Difference Between Chapter 7 Bankruptcy And Chapter 13 Bankruptcy
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. As long as there are no assets, Chapter 7 is a relatively quick process.
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. Usually, the person filing Chapter 7 either has a higher income or a greater amount of non-exempt assets. Although Chapter 13 may take longer, the Chapter 13 trustee does not take assets, such as houses and vehicles, but only requires monthly payments.
Articles and Reviews Of Sharon Bankruptcy Attorney
Click to learn about a neighboring bankruptcy court, known as the Canton bankruptcy court. Additional articles and information on bankruptcy law can be found by clicking on the following links: Can I go to jail for defaulting on a payday loan; Ohio outlaws debtor’s prison; Debt collector harassment, Bankruptcy is constitutional. Take a look as some of Attorney Gigiano’s work in the case highlights section and his reviews in: Daniel Gigiano; rate Daniel Gigiano; review Daniel Gigiano.
Learn How Sharon Bankruptcy Attorney Can Help You Free Yourself From Crushing Debt
Attorney Gigiano is an experienced Sharon bankruptcy attorney in Medina County, attorney who practices in the Akron bankruptcy court and Canton bankruptcy court, both divisions of the Northern District of Ohio Bankruptcy Court. If you have questions about this or other questions you need answered by an experienced Sharon bankruptcy lawyer in Wadsworth, please call Attorney Daniel F. Gigiano at 330-336-3330. Attorney Gigiano’s office is located at 102 Main St., Ste. 200, Wadsworth, Ohio 44281.