Amy Logan Law is a financial law firm serving the community of Toledo, Ohio, that has another location in Sandusky. The firm assists business owners and individual debtors looking to file for Chapter 7 bankruptcy. It examines clients' assets to determine which loans and debts can be dismissed, and its legal team helps with liquidation of assets to pay the remaining debt. Amy Logan Law also takes family law cases.
Brouse McDowell is a century-old law firm in Toledo that provides legal services in business law. The firm has a team of bankruptcy lawyers handling cases related to bankruptcy, insolvency, business reorganization, and restructuring. It has been made counsel to many high-profile chapter 11 bankruptcy cases in the state including Revco, PharMor, and Copperweld Steel Company. The firm was formally founded in 1919 and its attorneys have more than 80 years of cumulative experience in the practice of law.
Bryant Legal, LLC is a law firm in Toledo that handles different cases related to various practice areas. One of the firm's practices is bankruptcy wherein it represents individual consumers and business owners. The firm is a designated relief agency, allowing its team of bankruptcy lawyers to assist their clients in filing for bankruptcy relief according to the Bankruptcy Code. It handles chapter 7, 11, and 13 bankruptcies. Bryant Legal is led by Daniel and Matthew Bryant.
France Law Group is a bankruptcy law firm based in Toledo that provides legal assistance to people and businesses experiencing financial difficulties. The firm offers consultancy services to clients seeking to file for chapter 7 bankruptcy, which wipes out most common debts, or chapter 13 bankruptcy, which helps create a debt repayment plan spanning three to five years. It also offers non-bankruptcy options for debt relief such as debt settlement and debt negotiations.
Founded over 100 years ago, Marshall & Melhorn LLC is a general litigation law firm representing the residents of Toledo, Ohio, that has two other offices in the country. The firm practices financial law, and its attorneys work with debtors filing for bankruptcy. It also aims to protect creditors' rights and ensure they receive payment for outstanding loans. Additionally, Marshall & Melhorn LLC takes cases involving business and immigration law.
Misty Wood, LLC, is a law firm licensed to represent clients in Ohio and Michigan district courts. Bankruptcy attorney, Misty Wood, strives to help clients in making their financial lives better and finding relief from their stress. She has been assisting clients throughout Toledo file for chapters 7 and 13 bankruptcies. In addition to bankruptcy law, the firm also practices in cases related to business, breach of contract, debt collection and settlement, evictions, and real estate.
Founded in 1999, Mockensturm Limited is a civil litigation law firm serving the community of Toledo, Ohio, and the surrounding area. The firm takes cases on behalf of commercial and consumer debtors filing for Chapters 7, 11, and 13 bankruptcy. It assists the court in examining their assets to determine if they should be absolved of any of their debts. Mockensturm Limited also provides representation in cases involving family and employment law.
Spychalski Law Office is a civil litigation law firm representing the people of Toledo, Ohio, and the surrounding area. Founding attorney Deborah Spychalski has been practicing law for over 25 years, and her firm works with clients filing Chapters 7, 11, and 13 bankruptcy. She aims to get her clients a fresh start, stop repossession and foreclosure, and consolidate their debt. Spychalski served as the chairperson of the Toledo Bar Association's Bankruptcy Committee.
Serving the Toledo metro, Thom Cafferty Law Office assists plaintiffs of bankruptcy cases. It helps clients get protection under chapters 7 and 13 of the US Bankruptcy Code and offers legal advice regarding the right time to file for bankruptcy. In addition, it represents clients involved in admiralty and maritime issues, consumer fraud, and wrongful death caused by boating accident cases. Its lawyer, Thomas Cafferty, is a member of the Ohio Bar Association.
Anyone can file bankruptcy, but there are limitations regarding which form of bankruptcy is permissible. Qualifying for Chapter 7 requires a means test that evaluates income, debt levels, and income left over each month after paying basic obligations. Income over the median set by the court and monthly income that allows meaningful payments toward unsecured debt can disqualify filers from Chapter 7, which is generally the preferred form of bankruptcy due to the possibility of a full discharge. Anyone can file Chapter 13 bankruptcy, but the terms are less favorable. In most cases, some debts must be repaid following a successful filing. Chapter 13 is also more likely to result in asset forfeiture.
Although possible, due to the damaging nature of bankruptcy, filing bankruptcy more than once isn't recommended. Filing multiple times puts a serious burden on one's credit report, making it harder to get a loan, buy a house, buy a car, or even open credit cards.
Note that filing for bankruptcy isn't something that can be done at a filer's leisure. There are time limits following bankruptcy cases that dictate when it's permissible to file again. For example, after Chapter 7 bankruptcy, filers must wait at least eight years before filing Chapter 7 again or four years before filing Chapter 13.
In many cases, it's possible to keep a vehicle following Chapter 7 bankruptcy. The Chapter 7 Motor Vehicle Exemption allows filers who own their vehicles outright or who are up to date with payments to keep their cars. However, those behind on making car payments are required to arrange a repayment plan. Otherwise, the vehicle may be repossessed as a part of the proceedings.
