Loan and Equity Help

All property owed by a bankruptcy petitioner falls under the supervisor of the bankruptcy court’s trustee that is assigned to your case once the paperwork is in the hands of the court.  Whether you have filed Chapter 13 or Chapter 7, the court may ultimately advise that some of your property and possessions be liquidated to pay off creditors.  However, the court recognizes that some property needs to be retained for day to day living and allows such belongings to be termed “exempt” by your Columbus bankruptcy lawyer and the bankruptcy court. 

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A Columbus bankruptcy attorney is a busy professional in today’s economic world.  The recession has jammed their waiting rooms and caused a back up in appointments.  The chairs are all filled in the offices of the typical Columbus bankruptcy attorney because of the successive waves of economic trouble that have hit the country and the region.

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