Best Consumer Protection Lawyers in Cleveland, OH

Cost is dependent on the type of bankruptcy you file. Chapter 7 bankruptcy can range anywhere from $1,000 to $3,000, depending on how complicated the abruptly is and the amount of work involved. Chapter 13 bankruptcy is generally $3,000 or more because of the complexity of Chapter 13 bankruptcies and the greater amount of time spent by the bankruptcy attorney compared to Chapter 7.

It really depends on your financial situation as to whether or not you are able to file for bankruptcy for free. Some people in the lowest income brackets may be able to qualify.

A bankruptcy petition can be expedited to fit your situation. Some clients have time-sensitive scenarios involving late car payments and potential repossession, or missed mortgage payments and the threat of foreclosure. In these situations, timing is critical and Jon Ginter will prioritize the filing of your case.

Ultimately, it depends on your individual financial situation. Chapter 13 offers some unique benefits for some individuals. For instance, if you have property you want to keep, need additional time to pay down your debt, fall behind on car payments, etc., Chapter 13 may be a better option for you.

Most of my clients have bankruptcy scores near 500 when they start looking at bankruptcy as an option. In these cases, a Chapter 7 bankruptcy along with at least one year of responsible credit usage has improved these credit scores by approximately 100 points. For individuals with scores of 600 or more, bankruptcy can hurt these credit scores. However, in these cases, if they are already suffering from credit problems and unable to their bills, it is only a matter of time before their credit score plummets.