Credit After Bankruptcy

We are bankruptcy attorneys located in Middletown, Ohio.  We specialize in Chapter 7 and Chapter 13 bankruptcy filings.

Struggling with debt?  Exhausting your funds trying to get out of debt? Borrowing from Peter to pay Paul every month.  Avoiding the collection calls and checking the mailhands.  Many know that they are struggling and at the end of their rope, but are just scared to file for bankruptcy.  Filing could solve many of these financial difficulties, but they are afraid that if they file they will ruin their credit for the rest of their lives.  This is simply not true.  Actually just letting things go will ruin their credit more than filing. Just letting the debt go will result in court proceedings and judgments on credit reports. These judgments will stay on the credit report for as long if not longer than a bankruptcy, as a judgment will stay on the credit report until it is satisfied and will also continue to accrue interest.  Even once you do satisfy the judgment it will show on the credit report as satisfied.  This will still let creditors know that you have had financial difficulty and they will judge you on this basis.


It will not be difficult to re-build your credit after a bankruptcy filing.  Any debt that you keep (such as a home or vehicle) will automatically report on your credit report and start to re-build your credit score.  The important thing is to pay all debts on time and do not have any debts go to collection after a bankruptcy filing.  You can even qualify to buy a home two years after a bankruptcy filing, with a good clean report.  You will be surprised at the amount of credit card offers you will receive after filing.  Creditors also know that you cannot file again for quite some time and are therefore willing to offer more credit.

Filing for bankruptcy does not mean that you are a bad person, just a person in a bad financial situation. Filing for bankruptcy protection will help you out of that bad financial situation and hopefully you will not have to experience the situation again.  We are here to walk you through the process and make it as easy as possible for you to go through. Our attorneys have a combined experience of over 40 years and will be able to make filing seem simple and stress free.


At our law office we will offer you a free consultation.  At this free consultation you will be able to sit down with one of our experienced attorneys and discuss your case.  The attorney will then be able to advise you if bankruptcy is the best option for you and quote you a fee for the images6services.  If you decide to move forward a small retainer will get things started and we will then accept monthly payments until your fees are paid and we would then file your case. Your court date will be approximately 6 weeks out from your filing date.  Once your case is filed all of your creditors will be notified by the court by US mail, they will no longer be allowed to collect on these debts in any manner.


For more information check out our website at or call 513-422-2994 today for your free consultation to get a jump on your fresh financial start.  We are your Middletown, Ohio bankruptcy attorney.


We are bankruptcy attorneys located in Middletown, Ohio.  Our main focus of practice has been bankruptcy for over 27 years.


Are you thinking of filing for bankruptcy.  Looking for an attorney to represent you through the process?  Calling around to get a fee?  Looking for the lowest fee around?  Just remember that you get what you pay for.  Bankruptcy is a very specific process and must be done correctly so Fesenmyer Law Offices, LLC_that your case will go through and you will receive your discharge through your case.  You do not want any snags and want everything to go through smoothly.  It is stressful enough when everything goes just right let alone when things are messed up.  Some believe that bankruptcy is simple, so simple that they can even take care of it themselves.  This may have been the case in the past but since the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) of 2005 things are much more difficult and more precise.  It is not recommended that you attack this task on your own.

Trying to file for yourself will most likely cause you more headaches than you would like to endure.  So the decision to seek an attorney to help you through the process is the best one.  You will want to find an experienced attorney who specialized in bankruptcy.


At the Keegan & Co. Attorneys, LLC our main focus of practice is bankruptcy, this is our main focus of practice.  Our office has specialized in bankruptcy for over 27 years.  We can provide you with the expertise that will make your bankruptcy seem simple and before you know you will be on with your debt free life.


At our office we will offer you a free consultation where you will be able to sit down and discuss 25604196-a-person-drawing-and-pointing-at-a-bankruptcy-consulting-chalk-illustrationyour individual situation.  They will be able to advise you as to the best road for you to take on your financial journey.  Sometimes bankruptcy is the answer, sometimes it may not be the best decision.  The attorney will advise what is best for you.

At this free consultation the attorney will quote you a fee.  If you decide you want to move forward a small retainer will retain this office.  Once you have retained our office you will quit paying on bills you do not want to keep and refer your creditors to our office until your case is filed.  We will accept monthly payments until your case is filed.


For more information check out or website at call 513-422-2994 for your free consultation today!

At our Middletown, Ohio bankruptcy office we will be able to help you get out of debt and get a fresh financial start!


We are bankruptcy attorneys located in Middletown, Ohio.  We have been serving the community focusing on chapter 7 and chapter 13 bankruptcy filings for over 27 years.


It is a legal procedure which will give debtors federal protection from creditors.  Under the federal code all of your debts will be discharged and give you a fresh financial start.


Filing bankruptcy could wipe out credit card debt and other unsecured debts. If filed, no creditor can legally collect of those debts.

Filing can stop creditor harassment, as in phone calls and harassing letters and could stop repossession of your car or foreclosure of your home. You could still retain your home even if a foreclosure has already been filed.

Medical debt is discharged through bankruptcy. Overall, health care is the main reason in the U.S. for filing for protection. Hospitals and ER services cannot refuse you service in the future, if you were to file.

You do NOT lose everything you own. Sometimes in a chapter 7, the trustee may take assets and sell them to pay on your debts, however, most consumers are usually happy to learn they will be able to keep most of their assets through the bankruptcy exemptions.

These are just some of the ways that a bankruptcy could help you.


The most common filings for bankruptcy are chapter 7 and chapter 13. Chapter 7 will wipe out all your unsecured debt (credit cards, medical debts, utilities, etc.). You can also keep your downloadhouse and vehicle in chapter 7, as long as your current on payments. Chapter 7 is a straight bankruptcy, referred to as a liquidation bankruptcy. This will stop all collection proceedings including phone calls, mailings, garnishments and court proceedings. As many as 65% of consumer bankruptcy filings in the U.S. are chapter 7.

Chapter 13 is a repayment plan. It is referred to as a wage earner. You must have a reliable source of income so that you can repay all or a portion of your debt. Chapter 13 will stop a foreclosure or repossession as well. It is designed to help you retain your home or vehicle if your behind. You will repay 1% to 100% of your debt, depending on your individual situation. This will last a minimum of three years and max of five years. During this time it will be up to the creditors to file claim in order to be paid during the case.


Most of your debts can be discharged. Some debts are not able to be discharged. There are certain debts which cannot be wiped out in a chapter 7 or at the end of a chapter 13. Some kinds of debt can never be discharged.

Student Loans – Most student loan debt is not dischargeable. In some situations a debtor can claim that student loan debt causes an extreme hardship and can obtain a discharge, but it is very difficult to persuade a Bankruptcy Court to discharge a student loan debt.

Taxes – Some income tax debt can be discharged in bankruptcy, but this varies, you should make an appointment for your free consultation to discuss your individual situation.

Alimony and Child Support – Back payments or arrearages for child support and for alimony are nondischargeable. Orders to pay attorney fees in child support and child custody cases are usually nondischargeable.

Fines and Penalties – Most fines that are imposed by a court and most penalties that are assessed by a government agency are nondischargeable.


If you want to have credit, you will be surprised at the amount of credit offers you will receive downloadonce you file for. You can improve your credit after filing and being discharged. This gives people the opportunity to rebuild their credit because it eliminates the old debt. Continue making your payments on assets that you keep.  Try to make all of your payments on time with no slow pays and keep accounts out of collection.  Follow these rules and your credit will rebuild rapidly.


For more information check out our website at


We are bankruptcy attorneys in Middletown, Ohio.  We have been in practice for over 28 years and can help you get a fresh financial start.

Are you struggling with debt, garnishments or medical debt?  Under bankruptcy you can discharge all of these debts and get a fresh financial start.

At our office we offer you a free consultation.  At this consultation you will be able to sit down untitled15with one of our experienced attorneys and discuss your personal situation.  The attorney will be able to guide you as to your best interest as far as the next step.  Bankruptcy could be an option, or another avenue may be best for you.  If you do decide to move forward with filing bankruptcy a small retainer fee will get things started and we will then accept monthly payments until your fees are paid in full.  Once you put down this retainer you can discontinue paying on debts which you do not wish to retain and refer your creditors to our office.  During this time we will communicate with your creditors.

Once your case is filed the automatic stay will automatically go into effect.  What is an automatic stay?  The meaning of stay is to stop.  Which means once your case is filed it prohibits creditors from continuing to collect a debt from you.  If there is a garnishment it will have to stop.  Any court proceeding will have to stop.  All collection efforts have to stop.

If it is your intention to surrender a home through a Chapter 7 the creditor will have to seek relief from stay before they will be able to move forward in the foreclosure proceeding.  In essence filing Chapter 7 will slow down the foreclosure procedure and give you more time in your home.

Once you complete the bankruptcy and receive your discharge the debts are discharged which means they are gone, you are not responsible for them, they cannot collect on them from you.  If they were to contact you all you will have to do is give them your case number and filing date and this will resolve any problems.  Of course debts that are incurred after a bankruptcy filing are not included in this category.

For more information check out our website at

Contact your Middletown, Ohio bankruptcy attorney today for your free consultation.  Bankruptcy may give you a fresh financial start!


We are bankruptcy attorneys located in Middletown, Ohio.  Our main focus of practice has been Chapter 7 and Chapter 13 bankruptcy filings for over 28 years.

In this blog, however, we will be focusing on Chapter 13.


Chapter 13 is designed for people who are behind on their mortgage payments who would like to save their home or their income is too high to qualify for Chapter 7.  Chapter 13 involves paying your disposable income to creditors over a three to five year period.  During this time you will be able to make up any missed mortgage or vehicle payments.  Your unsecured creditors will be paid a percentage of what you owe them, once you complete your case and receive your discharge the remaining balance will be deemed discharged through the case.  This means that creditors will not be able to collect on these debts in any way or form.  They will not be allowed to contact you by phone, mail or any other means.


To determine your disposable income we will need to know your income for the last six months.  If you have had a pay cut or loss of overtime hours we can reduce your current income for images (2)these situations, same if you are making more money at the time we would have to increase your current income.  We would then need to subtract your expenses from your income.  This includes all of your expenses required to take care of your family such as food, rent or mortgage,vehicle payments, utilities and other such needs.  Then we consider things that you know you will be spending such as car repairs, home maintenance or medical expenses.  Then we need to look at things you may not be spending money on but it would be in your best interest to do so such as health insurance, life insurance or maybe a retirement savings account.  If you have expenses not mentioned that doesn’t mean we can’t count it as long as it is reasonable and necessary.  Once all of these expenses are counted they get deducted from your income and the remainder is an idea of your disposable income.


It is not a good idea to try to file a Chapter 13 on your own at your court hearing the trustee will evaluate the reasonableness of your expenses and will try to cut them down so that there is extra money to pay your creditors.  Our job as your attorney is to protect the money that is necessary for you to take care of yourself and your family.  This is why we sit down with you and go over your unique situation and expenses with you thoroughly before the case is filed.


Your Chapter 13 payments must be enough to cover certain required payments.  Your plan payment must be enough to pay for your mortgage arrears over the next five years, your current mortgage payment (as the 13 office would make your regular mortgage payment through the case), if you have a vehicle payment this will be included and a small amount for your unsecured creditors.


Every situation is unique.  We offer a free consultation where you will be able to sit down with 25604196-a-person-drawing-and-pointing-at-a-bankruptcy-consulting-chalk-illustrationone of our attorney and discuss your situation.  The attorney will be able to give you an approximate amount of what your Chapter 13 payment would be at this free consultation.  They would also quote you a fee.  If you decided to move forward a small retainer would get things started and then we would take payments, once paid your case will be filed.

For more information see our website at

Contact your Middletown, Ohio bankruptcy attorney today for your free consultation.