Chapter 7 Bankruptcy

Norwood Credit Card Debt Attorneys

Chapter 7

Chapter 7 Bankruptcy

Cincinnati Chapter 7 Bankruptcy Lawyers

Chapter 7 Bankruptcy attorney

A lengthy illness, the loss of a job, a divorce and other traumatic events can lead to financial ruin. If you are being sued by your creditors or if you have more debt than you can reasonably hope to repay, it is important to consider bankruptcy. At Bailey & Gunderson, we have helped many people in Hamilton, Clermont, Warren and Butler Counties in Ohio through the bankruptcy process. Our lawyers will provide candid, practical advice during a rough time in your life. Above all, we want to help you move forward from financial distress to a brighter future.

Norwood Credit Card Debt Attorneys Offering Skilled Counsel

Many of our firm's Chapter 7 clients have credit card debt that has spiraled out of control. Medical bills are also a common reason for filing bankruptcy. Chapter 7 bankruptcy is a proven method of getting relief from these and other types of debts while giving you a fresh start financially. From the beginning of your case until the end, our lawyers will be ready to answer your questions and give you the information you need during an uncertain time.

How Does Chapter 7 Work?

The first question we must answer is whether you qualify for Chapter 7. Under the bankruptcy laws, your income must be below the median household income level in your state. This is known as the means test. Our Cincinnati Chapter 7 bankruptcy lawyers will look closely at your finances and help you determine if you pass the means test. If you do, you can file for Chapter 7 relief.

Once we file your bankruptcy petition with the court, an automatic stay will begin. Under the automatic stay, your creditors are required under law to stop contacting you or making any effort to collect their debts. This can provide immediate peace of mind and reduce your stress levels.

In a Chapter 7 bankruptcy, your nonexempt assets will be liquidated, or sold, to repay your creditors. You will keep any exempt assets. Before you file Chapter 7, we will look closely at your assets to determine if any of these assets would not be exempt in bankruptcy.

Around 30 days after we file your bankruptcy petition, the court will schedule a meeting of creditors, where you will be required to answer questions about your finances. Some time after the meeting of creditors, your bankruptcy will be completed.

Contact Bankruptcy Attorneys Bailey & Gunderson

Call 513-631-0022, or complete our online contact form to schedule your free initial consultation.

We are a debt relief agency. We help people file for relief under the Bankruptcy Code.

Copyright © 2017 by Attorneys Bailey & Gunderson Co., L.P.A. All rights reserved. 

5257 Montgomery Rd, Norwood, OH 45212 - Phone: 513-631-0022

Bailey & Gunderson Co., L.P.A., is Cincinnati Family Law. Estate Planning And Bankruptcy Lawyers located in Cincinnati, Ohio, and represents clients across Hamilton County and beyond, in places such as Batavia, Norwood, Western Hills, Anderson Township, Anderson, Amelia, Mason, Harrison and Hamilton. 

Disclaimer: The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. We invite you to contact us and welcome your calls, letters and electronic mail. Contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established.


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