Bankruptcy Law in Brunswick, OH, & the Surrounding Areas

 
Credit Cards in Brunswick, Ohio
 
The ability to obtain relief from overwhelming and suffocating debt is the primary purpose of bankruptcy. Debt issues can be resolved from a liquidation (Chapter 7) bankruptcy proceeding, in which virtually all debts will be eliminated; or through a restructuring bankruptcy (Chapter 13), which significantly lessens the total amount of debt to be repaid over a limited period of time in significantly lesser amounts.

Although the acknowledgment of substantial indebtedness can be an embarrassment, the relief as afforded through bankruptcy proceeding allows an individual or family to more effectively sustain itself and to allow the continuation of a relatively normal life.