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The disadvantage of filing for personal bankruptcy is that, under the Fair Credit Reporting Act, a record of this stays on the individual's credit report for up to 7 years (up to 10 years for Chapter 7); [5] still, it is possible to obtain new debt or credit (cards, auto, or consumer loans) after only 12–24 months, and a new FHA mortgage loan just 25 months after discharge, and Fannie Mae ...
Chapter 13 bankruptcy: The basics. Chapter 13 bankruptcy lets you reorganize and repay your debts over three to five years. You make monthly payments to a trustee through a court-approved ...
The U.S. District Court for the Northern District of Ohio (in case citations, N.D. Ohio) is the federal trial court for the northern half of Ohio, encompassing most territories north of the city of Columbus. The court has courthouses in Cleveland, Toledo, Akron and Youngstown.
Key takeaways. There are two common types of bankruptcy: Chapter 7 and Chapter 13. Filing for bankruptcy is a time-consuming process that can take years to stop affecting your finances.
Advising you on what sort of bankruptcy to opt for (the two main types are Chapter 7 and Chapter 13). Counseling you about what property you might be able to hold on to. Provide input on the tax ...
The John F. Seiberling Federal Building and United States Courthouse is a building located in downtown Akron, Ohio.The building is named after John F. Seiberling, a United States representative from Ohio who helped create the Cuyahoga Valley National Park and served on the House Judiciary Committee that led the impeachment process against Richard Nixon.
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