CALL US LOCALLY
440-447-0331

CLEVELAND
BANKRUPTCY INFORMATION CENTER

* Cleveland Bankruptcy

* Chapter 7 Bankruptcy

* Chapter 13 Bankruptcy

* Bankruptcy - Do I Qualify

* Filing for Bankruptcy

* Bankruptcy - Warning Signs

* Bankruptcy Alternatives

* Bankruptcy Exemptions

* Bankruptcy FAQ

* Bankruptcy Myths

* Bankruptcy Process

* Bankruptcy Reform

* Bankruptcy Timeline

* Credit Card Debt

* Discharging Debt

* Foreclosure

* Life After Bankruptcy

* Psychology of Debt

* Stop Creditors

* The Benefits

* Types of Debt Eliminated

* Wage Garnishment

* What Chapter is Right For Me?

* What Will I Lose?

* Do I Need an Attorney?

* Why Hire Us?

FOLLOW US ON:

Cleveland Bankruptcy Myths

Bankruptcy Myths

There are many misconceptions regarding bankruptcy that affect a person's decisions on whether they should file for bankruptcy protection or not. When considering bankruptcy, it is best to obtain advice from a professional Cleveland bankruptcy lawyer who has the legal expertise to answer all your questions.

At the Russo Law Firm, we have the knowledge you will need to fully discuss your options when it comes to dealing with your debt and finding out if bankruptcy is right for you. There are common myths abounding, which we will answer for you briefly.

All my debts can be eliminated with bankruptcy.

Although you can discharge quite a few types of debt, certain ones such as child support, alimony, taxes and student loans are still owed and cannot be discharged through any type of bankruptcy.

My credit will be ruined for 10 years.

Although a bankruptcy will appear on your credit history for 10 years, your credit rating will begin to improve as time goes by and you re-establish your credit. Your credit was probably already affected considerably if you had late payments or any wage garnishments or lawsuits.

Bankruptcy is hard to get through and qualify for.

When you have an experienced bankruptcy lawyer working with you, the most difficult part of it will be in making your own personal decision as to whether to file or not. Your attorney will help you with determining which filing is right for you and will take care of all the legal paperwork.

I will lose everything I own.

Most bankruptcies do not affect your being able to keep all of your assets. Many assets are protected by bankruptcy exemption laws. In fact, the majority of people who file for bankruptcy give up none of their assets.

I will not be able to get credit again.

Not so. Although you will pay higher interest rates for a time, you will begin getting credit offers shortly after your filing.   We will work with you on re-establishing your credit.

To find out more contact a Cleveland Bankruptcy Attorney for a free initial consultation.  We will always explain the consequences of any action to you.
 

CONTACT US
SEND US AN EMAIL

Contact us today for your

Free Bankruptcy consultation OR

Free Foreclosure consultation

-----------------------------------------------------

CLEVELAND

OFFICE LOCATION

Cleveland (Main Office)

21380 Lorain Ave

Suite 201

Fairview Park, Ohio 44126

Phone: 440-447-0331

-----------------------------------------------------

     Please give me a call.  I will be sure that you are fully informed of the consequences of your choices.  Whether you need bankruptcy, foreclosure assistance, short sale, or just trying to save your home, you have to understand how this will effect your future. 

     I will personally make sure that you get the best information and treatment.  Being in debt and fighting for your home is a very trying time.  You need someone who will be able to explain your rights and help you and your family rebuild.

     I look forward to being your trusted advisor and assisting you in making the decisions you need.

                Sincerely,

                Angelo Russo, Esq.