Vance P. Truman, Attorney at Law
Putting People's Financial Worries Behind Them Free Initial Consultation
330-591-4729

November 2019 Archives

What exactly is business reorganization?

If your company is struggling to stay afloat because its leadership has made bad investment choices, then you may have discovered that there are a variety of debt relief options that are available to you aimed at helping you get things back on track once again. One option that has discovered that may aid you in making your debt more manageable is filing for Chapter 11 business "reorganization" bankruptcy.

Will a foreclosure make it harder to rent?

You spent years renting apartments in Ohio. Then you decided to take the plunge and buy a house. Unfortunately, you lost your job shortly after buying. This led to foreclosure. You feel like this just means it's time to go back to renting, but then you realize you may have a serious problem. Will you now find it impossible to get a lease because of that foreclosure on your financial record?

Don't assume that you can keep your car post-bankruptcy

There are many positives associated with filing for Chapter 7 bankruptcy. One main benefit is that most debtors have an opportunity to keep most of their assets by filing for it. It's also a relatively quick process lasting only a matter of months. It's sadly not always possible to keep your vehicle during this process, though.

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689 Lafayette Rd.
Medina, OH 44256

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