Debt Can Happen to Anyone
Medical bills, job loss, poor financial choices, or unplanned expenses can leave anyone facing large amounts of debt. Finding oneself in debt is not the time to be shy or embarrassed about a bad financial situation. It is the time to act. Many people do not understand the methods or legal rights to debt relief under U.S. and Ohio law. By seeking an experienced bankruptcy lawyer in Medina, Ohio as soon as possible, those in debt can expedite the process of exercising their rights to debt relief and getting their lives back on track.
Is Bankruptcy the Only Option?
No. Depending on your situation, having a bankruptcy lawyer in Medina can directly negotiate with creditors or help you consolidate your debt may be appropriate. As an experienced bankruptcy lawyer in Medina, Cameron B. Pedro can help you determine the best course of action to quickly and effectively take control of your finances.
What Type of Bankruptcy Will I File
If available debt relief options are not appropriate, bankruptcy may be your best course of action. Bankruptcy is a legal process designed to help individuals and businesses struggling with debt. It is legal and often prudent to file for bankruptcy. Which type of bankruptcy will be appropriate depends heavily on the specific circumstances.
The United States Bankruptcy Code sets forth the guidelines for which “Chapter” bankruptcy may be obtained. The most common type of bankruptcy for individuals is Chapter 7, but Chapter 13 bankruptcy may be available in some circumstances. If this sounds complicated, that is because it is. With the stress of debt and the complexity of bankruptcy law, finding the right bankruptcy lawyer in Medina can give you peace of mind and a pathway to a better future.
If you are struggling to pay your debts, you do not have to carry your burden alone. Contact a bankruptcy lawyer in Medina for a free initial consultation.