Whether it happens to an individual, family, or business, mounting debt can have people considering bankruptcy in Hamilton, OH. There are times when honest efforts to pay off bills, stay current with mortgage payments, or catch up on student loan debt are not enough to make acceptable progress. Business owners may have tried scaling back on staff or supplies to cut expenses. They may have had clearance sales for merchandise to raise income, or may have tried to attract business partners in an effort to save the business. When creditors start calling, wages become garnished, or notices of foreclosure have been received, people still do have options.
A free consultation to meet Attorney R. Dean Snyder, for example, can help people understand options, and determine which will work for their specific situations. Explaining the differences between chapter 7 and chapter 13 bankruptcy in Hamilton, OH can help people select the one that is right for them. Reviewing options for student loan repayment programs will help people realize that payments can be lowered, deferred for a period of time, or even forgiven under certain circumstances. Consult an attorney early to get started with procedures and processes to make situations better. A foreclosure, for example, takes between four to six months to go through once notice has been served. There are steps that can be taken to prevent a foreclosure, but waiting until the last minute may make things more difficult.
Other areas of practice include credit reports and repairs, credit card debt, taxes, bankruptcy and divorce. Attorneys can help people determine if they meet requirements for each bankruptcy option, answer questions, and fill out the forms properly with clients. Being in debt can cause stress, depression, and feelings of failure and helplessness. That does not have to be the case. An attorney can help people through their financial setbacks, and get them on the road to financial recovery. Going through the process alone can result in liens to property, harassing phone calls from creditors, and the loss of a home. Seek help when faced with financial difficulties to make the recovery process faster, and easier.
