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4 Important Questions to Ask a Bankruptcy Lawyer September 11, 2018

Dent, Green
4 Important Questions to Ask a Bankruptcy Lawyer, Green, Ohio

The bankruptcy code offers crucial relief to borrowers struggling to meet their financial obligations, but the process can often be difficult and confusing. In addition to deciding whether bankruptcy is the best course of action, petitioners must also determine which chapter to file under and whether they need an attorney. Asking a bankruptcy lawyer the following questions will ensure you have the information needed to make the right choice.

4 Questions to Ask a Bankruptcy Attorney

What Types of Debt Can I Eliminate Through Bankruptcy?

Both chapter 7 and chapter 13 bankruptcy gives borrowers the opportunity to completely discharge some types of unsecured debt. In addition to credit cards, store charge accounts, and some back taxes, you may be able to eliminate medical bills, some lawsuit judgments, and unpaid rent.

Should I File for Chapter 7 or Chapter 13 Bankruptcy?

bankruptcy lawyerEach bankruptcy chapter offers significant advantages to borrowers in different situations, so the right choice depends on your income and types of debts you carry. Chapter 7 focuses on discharging unsecured debts, while a Chapter 13 allows you to pay back the arrears on secured accounts through a court-managed payment plan.

How Long Will a Bankruptcy Filing Stay on My Credit Report?

While filing for bankruptcy does damage your credit rating, the information does not stay on your history indefinitely. Chapter 13 notations should be removed after seven years, while Chapter 7 bankruptcies remain on your report for 10 years.

Do I Need a Bankruptcy Lawyer?

Filing for bankruptcy is a complex process, and even minor mistakes can leave you responsible for dischargeable debts or cause the court to dismiss your case. A bankruptcy lawyer will recommend the best debt relief option for the situation, help you decide when to file, and even prepare the paperwork on your behalf.


If you are unable to catch up on your debts, Nancy V. Jacob in Cincinnati, OH, offers the legal guidance and expertise you need. With nearly 30 years of experience and an in-depth understanding of the bankruptcy code, she will help you reclaim your life from debt and put you back on the path to solvency. Follow her Facebook for more tips and advice, and visit her online or call (513) 921-1400 for a free consultation with a bankruptcy lawyer today.

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