Helping Our Clients Overcome Bankruptcy Myths and Misconceptions
Northeast Ohio residents come to Novak, Robenalt & Pavlik, L.L.P. dealing with financial problems. Years of stress and aggravation over creditor harassment have brought them to a breaking point. They want to see an attorney about a Chapter 7 or Chapter 13 bankruptcy filing, but myths and misconceptions stop them from taking action.
Get the facts from experienced bankruptcy attorneys that provide focused and individualized advocacy in solving long-standing financial problems.
For help in overcoming the myths that prevent you from filing a Chapter 7 or Chapter 13 bankruptcy, contact us at 216-592-8758 or toll free at 866-400-6637.
Cleveland Bankruptcy Law Attorneys Giving You the Facts About Bankruptcy
At Novak, Robenalt & Pavlik, L.L.P., we meet with clients at our no-obligation consultations who believe that Chapter 7 is no longer an option. Bankruptcy reform took effect in 2005, making it impossible to pursue a debt discharge.
Not true. Chapter 7 remains a viable option in discharging debt. While there are income restrictions and requirements for credit counseling, most clients that we see still qualify. Even if they don't, we can pursue a Chapter 13 reorganization.
Many clients fear the automatic loss of their house, car or other valuable assets. Again, not true for most individuals we see. A Chapter 13 filing will put an immediate stop to those aggressive collection actions.
Bankruptcy permanently destroying credit ratings is also a common misconception. If you take steps to reform your credit following a filing, you can improve your score. Responsible use of new credit cards, timely payments and constant monitoring and correcting of credit reports can go a long way. In many cases, bankruptcy was the first step towards better credit.
Contact Us
For more information or to schedule an appointment with an experienced lawyer regarding the fact, not fiction about bankruptcy, please contact us.
