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Bankruptcy Advice

Lowering Your Monthly Car Payment with the Help of a Bankruptcy Attorney

Published May 11, 2021 by Julius Amourgis
Lowering Your Monthly Car Payment with the Help of a Bankruptcy Attorney

Many people have crushing car loans that are difficult to keep up with. They may wonder if filing for bankruptcy can help lower their monthly car payment. Depending on the type of bankruptcy you file and your particular circumstances, you…

What You Need to Know About Ohio Tax Returns & Bankruptcy

Published February 24, 2021 by Julius Amourgis
What Happens to Your Tax Return in Bankruptcy?

Bankruptcy proceedings can get complicated under the best of circumstances. Figuring out your taxes in the midst of filing for bankruptcy adds yet another layer of complexity to your case. In some situations, you might not be able to keep…

What You Need to Know if You Are Considering Bankruptcy Because of COVID-19

Published May 28, 2020 by Julius Amourgis
What You Need to Know if You Are Considering Bankruptcy Because of COVID-19

Nearly 22 million Americans have filed for unemployment due to the COVID-19 pandemic and the number of people out of work could continue to grow exponentially. Some economists estimate that the total number of Americans without a job could hit…

Can You Get a Student Loan While in Chapter 13 Bankruptcy?

Published November 5, 2019 by Julius Amourgis
Can You Get a Student Loan While in Chapter 13 Bankruptcy?

Yes, you can apply for a student loan while in Chapter 13 bankruptcy. However, obtaining approval may not be easy, depending on the type of loan. An attorney can help you determine your eligibility and apply for the financial support…

Ohio Bankruptcy Options for High Earners

Published September 11, 2019 by Julius Amourgis
Options for High Earners: Take Advantage of Bankruptcy

Can You Make Too Much Money to File Bankruptcy? The answer is yes! High income earners have several bankruptcy options to consider. Even if you are employed, have a high-paying job, or multiple sources of income, you may be eligible…

What Can Be Exempt in an Ohio Bankruptcy?

Published April 9, 2019 by Julius Amourgis
What Property is Considered Exempt in an Ohio Bankruptcy?

Filing for bankruptcy is a stressful process, you don’t need confusing legal terms and changing laws to make it more difficult. To be clear, bankruptcy is a federal law, but regulations regarding personal property exemptions vary by state. Ohio has…

Are You Ready for a Bankruptcy Consultation? Here’s What to Expect

Published January 8, 2019 by Julius Amourgis
Are You Ready for a Bankruptcy Consultation? Here’s What to Expect

If you are considering filing for Chapter 7 or Chapter 13 bankruptcy, the first step is to meet with an experienced bankruptcy attorney. This initial consultation serves to understand better your financial situation and begin to plan the way towards…

The Best Effort Requirement in Chapter 13 Bankruptcy: All You Should Know

Published December 7, 2018 by Julius Amourgis
What is the Best Effort Requirement in Chapter 13 Bankruptcy?

Bankruptcy trustees understand that everyone’s financial situation is different. That’s why the requirements for completing a Chapter 13 repayment plan are specific to each individual who files. So, what is the best effort requirement in Chapter 13 bankruptcy? The best…

What Happens to My 401(K) in Bankruptcy Chapter 13?

Published by Julius Amourgis

In most cases, reasonable 401(k) and other retirement plan contributions can be continued depending on whether you are capable of meeting your statutory obligations while contributing to your retirement plan. Can I Continue to Make 401(K) Contributions During Chapter 13…

Child Support in the Bankruptcy Process: What to Expect

Published November 30, 2018 by Julius Amourgis
What Happens to Child Support in the Bankruptcy Process?

In Chapter 7 and Chapter 13 bankruptcy cases, different types of debt are handled in different ways. Although child support cannot be discharged by completing the bankruptcy repayment plan, it may successfully help you catch up on payments. Below we…

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