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

chapter 7 Archives

Filing bankruptcy comes with specific responsibilities

The crushing financial impact of being underwater in debt can make every aspect of your life miserable. When you are in this position, finding a way to address the debt becomes a priority. Some people might come out of the woodwork to offer you seemingly easy ways to get out of debt fast. Don't fall for these. The old adage "if it seems too good to be true, it probably is" definitely applies to these cases.

Federal bankruptcy laws: Chapter 7 exemptions

Chapter 7 bankruptcy filers will not have to sell "all" of their personal property to pay off their bills. In fact, most bankruptcy filers benefit from being able to keep more "exempt" property than they imagined before engaging in the process. Determining what property is exempt from the Chapter 7 process will depend on the laws that apply to the proceedings.

New Ohio program shows the need for affordable bankruptcy

It is a big part of the American Dream to have assets. The most popular one is a home, and it was expected for much of the 20th century that families would strive to own their own home. So it often feels like a nightmare when assets turn into liabilities and families have to leave them behind.

Toledo region sees bankruptcy increase in recent months

Ohio is used to good times and bad times, and Ohioans often have the experience of both. It was easy for Buckeyes to earn a good wage in manufacturing or agriculture for decades, while the Great Recession sucked the wind out of the region's sales after years of job losses.

Bankruptcy filings rise in parts of Ohio

Severe debt can lead to a variety of problems, from diminished spending ability to constant calls from creditors. Although bankruptcy often comes with an undue stigma, the process can help people wipe away previous financial problems and get on the right path to financial health.

Legal representation for bankruptcy remains important

It is never easy to deal with mounting debt. The number of Ohioans dealing with large debts has gone down since the darker days of the Great Recession, but there is still a significant number of people and families struggling with staying current with payments and being hounded by creditors.

Get the debt relief you need, the personal attention you deserve.

Call us today for a free consultation at 330-591-4729, or fill out the form below, and we will contact you.

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689 Lafayette Rd.
Medina, OH 44256

Phone: 330-591-4729
Fax: 330-722-3410
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