You may be one of many Americans living in Ohio contemplating filing bankruptcy during the holiday season. If the stress of financial worry isn't already hard enough, it can become even more overwhelming during the holiday season. Many times the financial situation goes beyond the extent of one or even a couple debts. At the end of the month there is not enough income to pay all debts that are owed let alone the extra expenses from Thanksgiving, Christmas, and New Years. You may seek relief by filing a Chapter 7 or Chapter 13 personal bankruptcy.

A Chapter 7 bankruptcy is what most people envision of when they think about bankruptcy. It is where most of your debt is discharged such as credit cards, personal loans, medical bills, and other unsecured debt. There are a couple things you have to pay back such as student loans and things you owe the government like back taxes. A Chapter 13 bankruptcy is what most people envision of as a debt consolidation where you make monthly payments to the U.S. Bankruptcy Trustee over a period of 3 -5 years. A Chapter 13 bankruptcy may allow you to pay pennies on the dollar on your unsecured debt with a payment you can afford. After the 3- 5 years, the unsecured debt is discharged. Filing a Chapter 13 bankruptcy can allow you to get current on your mortgage payments and stop a foreclosure. You may even get a car back from repossession.

Speaking with an experienced Columbus Ohio bankruptcy attorney would be a good idea to determine your eligibility of filing a bankruptcy and to find out when the best time to file your petition would be. Once you file your bankruptcy petition, by law you can get the creditor phone calls stopped. An experienced Columbus Ohio bankruptcy attorney will be able to take the necessary legal action to stop a garnishment, foreclosure, repossession, and utility disconnect. The friendly law office of Ralph A. Kerns & Associates cares about our clients and understands the stress of financial worry. With friendly service and aggressive representation, we fight for our client's rights. We have over 30 years experience helping people file for protection under the U.S. Bankruptcy Code and never hesitate to act quickly and efficiently when time is of the essence. Call today for a free consultation. Help is one phone call away!