Chapter 7 Bankruptcy Lawyer in Cleveland

Get the Fresh Start You Deserve: Helping Clients in Akron, Canton, Elyria, & Garfield Heights

As one of Northern Ohio's largest consumer bankruptcy law firms, we are proud to focus solely on bankruptcy law and on helping our clients find relief from daunting debt. If you or if someone you know is facing a devastating financial crisis, there may be hope through filing a chapter 7 bankruptcy.

Our Cleveland bankruptcy attorneys can educate you on the requirements for filing, the benefits of filing for this type of debt relief, and what you can expect both during the process and after the bankruptcy has been completed. Contact our firm today to learn more.

To file for and complete a chapter 7 bankruptcy, you must do the following:

• File a petition with the bankruptcy court
• File a statement of financial affairs
• File other information about your creditors, income, assets, etc.
• File a schedule of exempt property named under the law
• Provide all tax returns and tax-related documents
• Attend a creditors' meeting

Protecting Your Assets in a Chapter 7 Bankruptcy Case

Once you know that filing for bankruptcy under Chapter 7 is the best option for you, the next step is knowing when to file. Choosing the appropriate time to move forward with your case is the best action you can take to protect your assets and will improve the success of the filing. It is also important to determine whether your specific debts are dischargeable in a Chapter 7 bankruptcy case. In order to find out what assets are protected from liquidation, we encourage you to consult with our firm.

Eligibility Requirements

Not everyone will qualify for Chapter 7 bankruptcy and you will need to take the “Means Test” to determine whether you qualify. You may be excluded from having to take it if your income is far below the median for your family’s size.

Once it is determined that the individual qualifies, he or she can have all debts discharged once the liquidation process is finalized. This will allow a “fresh start” for debtors who need one. If Chapter 7 is not right for you, we can help you discover the best fit for your financial situation, including pursuing a Chapter 13 bankruptcy.

Choose One of Ohio's Largest Consumer Bankruptcy Law Firms

If you are facing financial distress, there may be hope for a future without it! Imagine a life free from debt and the possibilities that could be available to you and your family without the weight of constant contact from creditors. Don't hesitate to call our Cleveland bankruptcy lawyer at Knevel Law Co. LPA as soon as possible to learn more about how we may be able to help you find this financial freedom.

We have more than 50 years of combined legal experience and have filed more than 18,000 bankruptcy cases on behalf of our clients across Northern Ohio in Cleveland, Akron, Canton, Elyria, and Garfield Heights.

Call (216) 450-6689 now to schedule your free consultation to speak with our bankruptcy attorneys at Knevel Law Co. LPA.