Chapter 7 Bankruptcy Lawyer in Lorain, OH

Deciding to file for bankruptcy in Lorain, OH, is a significant decision. Chapter 7 Bankruptcy Lawyer Michael D. Doyle has been practicing in the United States District Court for the Northern District of Ohio for over 25 years. His extensive background helps him assess your situation and determine whether bankruptcy is the best solution for your financial struggles.

Financial difficulties can be overwhelming, with collection calls and wage garnishments adding to the stress. Filing for bankruptcy provides relief by stopping collection efforts, lawsuits, and wage garnishments, allowing you to regain control of your finances.

Chapter 13 Bankruptcy Lawyer

Unlike Chapter 7, which offers a quick discharge of debts, Chapter 13 allows individuals to restructure their financial obligations into a manageable repayment plan lasting three to five years.

Declaring Bankruptcy

There are two types of bankruptcy available to consumers seeking to declare bankruptcy: Chapter 7 Bankruptcy, and Chapter 13 Bankruptcy.

Chapter 7 Bankruptcy

• Often called a straight bankruptcy. Most filers qualify for this option.
• Most debts are discharged in this option, meaning you are no longer personally responsible for the debt. Bankruptcy usually cannot discharge most taxes, student loans, and domestic support obligations.
• Many assets, including homes, vehicles, household goods, jewelry, and retirement savings can be maintained unless they have significant value above an “exemption” amount determined by law. However, if you still have an outstanding loan on your home, vehicle or other asset that you wish to keep, you must continue to make the payments.
• In order to file under Chapter 7, you must have inadequate income to pay for debts after paying your reasonable living expenses. Chapter 7 Bankruptcy Lawyer Michael D. Doyle, conveniently located in Lorain, OH, can evaluate your situation and tell you if you qualify for this option.

Mr. Doyle Is Your Best Option To Represent You “Mike Doyle is a great lawyer that will fight for you tirelessly. If you find yourself in a bind, attorney Doyle is your best option to represent you.” - Ted

Chapter 13 Bankruptcy

• Instead of being immediately discharged, your debts are restructured and paid back over three to five years under a payment plan that you can afford.
• Chapter 13 is an option for people with incomes too high or with assets too valuable to qualify for a Chapter 7 bankruptcy.
• Chapter 13 can often help you to avoid foreclosure.
• You can decide whether to keep your home and vehicle and continue to make payments or to surrender them to stop payments.
• If you have judgment liens or second mortgages, these can often be “stripped off” and converted to unsecured debt.

Direct and Personal Service

The office of Bankruptcy Attorney Michael D. Doyle is a debt relief agency. We help people file for bankruptcy under the bankruptcy code.

Unlike some bankruptcy law firms, when you call the office of Michael D. Doyle, Attorney at Law, you will not meet with an administrative assistant or low level associate attorney and be given a videotape to watch only to be told that “you don’t qualify” without ever meeting an experienced bankruptcy attorney. You will meet with Bankruptcy Attorney Michael D. Doyle personally in Lorain, OH, to discuss and assess your financial situation to determine whether bankruptcy is the right option for you.

Bankruptcy Process Overview

The bankruptcy process begins with an initial consultation with a bankruptcy attorney, who will help you determine the best option for your situation. After completing a required credit counseling course, you’ll gather financial documents and prepare your bankruptcy petition, which your attorney will file with the court. Once filed, an automatic stay halts most collection actions against you. About 20 to 40 days later, you’ll attend a Meeting of Creditors, where you’ll meet with the bankruptcy trustee and any creditors.

For Chapter 13 filers, you’ll propose a repayment plan that must be approved in a confirmation hearing. After completing any additional requirements, debts eligible for discharge will be eliminated, providing you with a fresh financial start. Throughout this process, Attorney Michael D. Doyle will guide you every step of the way.

Lorain Bankruptcy Attorney

Call today to schedule your free initial consultation with Chapter 7 and Chapter 13 Bankruptcy Lawyer Michael D. Doyle. During your visit, you’ll have the opportunity to discuss your financial situation in a confidential setting. Attorney Doyle will personally meet with you to explain your options and how the Bankruptcy Code can provide you with a fresh start while allowing you to keep much of your property.

With years of experience in personal bankruptcy, Attorney Michael D. Doyle will guide you through every step of the process—from preparing and filing your bankruptcy petition to meeting with creditors and ultimately achieving discharge. Rest assured, he will represent you personally; your case won’t be handed off to another attorney who isn’t familiar with your unique situation.

We offer flexible payment plans for legal fees, so you don’t have to worry about paying everything upfront. You can start your retainer with just a minimum payment of $100.

Contact the Lorain, OH office of Chapter 7 Bankruptcy Lawyer Michael D. Doyle today for your free consultation and take the first step toward a debt-free future.