An injury, a lost job, a divorce or an economic downturn can result in the accumulation of substantial debt. Creditors’ annoying phone calls, harassing letters, foreclosure actions and lawsuits further add to the stresses of mounting debts and do nothing to help you pay your bills.
Founded in 1972, the law firm Young, Reverman & Mazzei Co., L.P.A. can educate you about your rights and guide you through your debt relief options. Our firm is a debt relief agency. We negotiate with your creditors to avoid bankruptcy if it is in your best interest to do so. We also advise you when bankruptcy can resolve your immediate problems and satisfy your long-term financial goals. Actions can be planned and taken in response to litigation proceedings filed against you. Once you file for bankruptcy, creditors must stop all attempts to collect on the debts.
Often referred to as liquidation bankruptcy, Chapter 7 bankruptcy allows you to discharge certain debts. Our team determines how to apply important exemptions so that you can keep most, and often all, of your property and assets. The bankruptcy code includes strict income criteria — called the means test — for you to qualify for Chapter 7 bankruptcy protection. Chapter 13 bankruptcy is an option if you earn too much to qualify for Chapter 7 or if you can benefit more from a debt reorganization plan.
During Chapter 13 bankruptcy, we establish a repayment plan for your debts that consolidates the amount you owe, lowers your monthly payments and permits you to retain valuable property — such as your home or automobile. Banks must halt foreclosure proceedings immediately upon receiving notice of your filing and you are given an opportunity to cure mortgage delinquencies.
To learn more about your debt relief options, call the bankruptcy law firm Young, Reverman & Mazzei Co., L.P.A. at 513.721.1200 or toll-free at 800.721.1678, or contact us online to schedule your free initial telephone consultation. Our firm provides advice and representation for bankruptcy actions in the States of Ohio, Kentucky and Indiana.
We represent clients throughout Hamilton, Butler, Warren and Clermont counties. We also represent clients located across the river in Covington and Newport, Kentucky and across the border in Lawrenceburg, Indiana and in cities along the Interstate 75 and Interstate 71 corridors — including Lexington, Louisville, Florence, Dayton, Monroe, Middletown and Wilmington.