What You Need to Know About Ohio Bankruptcy Exemptions
Many northeast Ohio residents put off filing a bankruptcy because of the misconception that they will lose all their assets. The longer you wait, the more challenges you face in resolving your financial problems. Scheduling a no-obligation consultation at Novak, Robenalt & Pavlik, L.L.P. means that you have nothing to lose. Take action and get the facts.
During your initial consultation, we will educate you on the process of bankruptcy and how we can protect your most valuable assets. Time is of the essence when your debts are out of control. Contact us at 216-592-8758 or toll free at 866-400-6637.
Cleveland Bankruptcy Attorneys Providing You With the Facts
At Novak, Robenalt & Pavlik, L.L.P., we strive to overcome the numerous myths that exist about Chapter 7 bankruptcy filings. That level of legal protection is an agreement between the debtor and the creditor where the debtor relinquishes nonexempt property from the discharge of their debt.
Laws exist that protect a certain amount of equity in assets and exempts them from bankruptcy, including, but not limited to:
- Household goods
- Cash on hand
- Cash in bank accounts
- Real estate
- Vehicles
- Property used for work or tools
- IRAs
- 401(k)s
- 403(b)s
- Pensions
Take immediate action in getting the facts and making sound decisions in your best interests. A no-obligation consultation is an important first step to protecting what you consider most valuable.
Contact Us
For more information or to schedule an appointment with an experienced bankruptcy lawyer regarding property and possessions that are exempt in a debt discharge, please contact us.
