Bankruptcy Lawyer Columbus, OH - W. Mark Jump - Jump Legal

How much debt do you have to have to file bankruptcy?

There is no minimum amount of debt that you need in order to qualify for bankruptcy. There are, however, other factors that have an impact like if you can afford to pay your debt, the types of debt you have, and more.

Do I need an attorney to file bankruptcy?

Filing for bankruptcy has long term outcomes, so it’s important to consult with an attorney before doing so. you can, however, file for bankruptcy on your own, or what’s called “filing pro se”. A qualified attorney will be able to help you with every facet of your bankruptcy case.

What do I lose if I file bankruptcy?

There are several things you can lose when you file for bankruptcy, including the ability to get good interest rates for credit. In some cases, you may be required to pay a deposit in order to get credit after filing for bankruptcy. Every case is different and that’s why it’s important to consult with a qualified attorney.

Will my employer know if I file Chapter 7?

Typically an employer will not know when an employee files for bankruptcy, but every case is different. If you are, however, filing for Chapter 13, your employer will usually be aware of this because your monthly payment comes directly out of your paycheck. It’s important to know how filing for bankruptcy can impact your life.