Bankruptcy

Experienced Bankruptcy Attorney Serving Wadsworth & Akron, Ohio

David C. Jack, Attorney At Law, can help you when all hope seems lost. He will take the time to get to know your specific financial situation. Attorney Jack will work with you and review your income, assets, and debt before making any suggestions. He will provide you with honest feedback about the options available to you and the advantages and consequences of each. Ultimately, you will decide which Chapter of Bankruptcy, you will file and when we will file it on your behalf. To learn more, contact our law office today at 330-336-4455 for a confidential consultation. 

What is Bankruptcy?

Bankruptcy is a judicial process that offers debt relief to both individuals and businesses in a financial crisis. The bankruptcy process values the debtor’s assets and debts, then provides an arrangement where the debtor is permitted to keep some, and in most cases, all property and required to pay as many debts as possible, in order of each debt priority. 

Chapter 7 Bankruptcy

Chapter 7 is often called “Total Bankruptcy” or “Liquidation Bankruptcy” because it wipes out all your consumer debts. David C. Jack, Attorney At Law, will help you determine if Chapter 7 Bankruptcy is the best choice for your unique situation. If you qualify, the process typically takes only a couple of months. It will allow you the relief you need so you can recover and regroup with a new beginning. 

Chapter 7 Bankruptcy — Wadsworth, OH — David C. Jack, Attorney At Law

Chapter 13 Bankruptcy 

Chapter 13 is often referred to as “Consolidation Bankruptcy” or “Debt Adjustment,” Chapter 13 combines your debts into one affordable monthly payment. Over the next 3-5 years, you will be able to pay off your debts through a detailed payment plan. 

Filing bankruptcy may be the right answer. If you are suffering from severe financial difficulties, contact David C. Jack, Attorney At Law today at 330-336-4455 in Wadsworth, Ohio, to schedule a consultation with an experienced bankruptcy attorney who will help you evaluate your legal choices.

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