{"id":5174,"date":"2022-03-31T06:04:21","date_gmt":"2022-03-31T06:04:21","guid":{"rendered":"https:\/\/recoverylawgroup.com\/?p=5174"},"modified":"2025-08-13T04:48:35","modified_gmt":"2025-08-13T04:48:35","slug":"7-steps-that-you-must-follow-while-filing-for-bankruptcy-in-ohio","status":"publish","type":"post","link":"https:\/\/recoverylawgroup.com\/staging_D\/7-steps-that-you-must-follow-while-filing-for-bankruptcy-in-ohio\/","title":{"rendered":"7 Steps That You Must Follow While Filing For Bankruptcy In Ohio"},"content":{"rendered":"

Call: <\/strong>888-297-6203<\/strong><\/a><\/p>\n

This article will guide you on the basic 7 steps that will be included when you file for bankruptcy<\/a>. It is in short an overview of the timeline that you will be following from the time you decide to file for bankruptcy.<\/p>\n

Step #1 \u2013 You must Hire an Understanding as well as an experienced attorney<\/strong> \u2013 This will most importantly help you in the process of filing for bankruptcy, as an experienced attorney knows how to go about things without wasting your time that too with precision.<\/p>\n

Step #2 \u2013 Keep all data handly and ready for Uploading<\/strong> \u2013 It is important to keep all the documents and files ready. They may include \u2013 bank statements, car and house titles, mortgage as well as the deed papers, tax returns, social security card copies, retirement account info if any, separation or divorce decrees, along with the proof that you have attended the credit counseling course.<\/p>\n

Step #3 \u2013 Attending the signing meeting<\/strong> \u2013 Once your attorney has submitted all the documents as per the requirement and filed for bankruptcy, you along with your attorney will need to attend the signing meeting. Here you will need to review all the documents submitted by you and then finally sign the application for filing for bankruptcy.<\/p>\n

Step #4 \u2013 Filing of the Application <\/strong>\u2013 After you attend the signing meeting, your attorney will file the case. Once it is officially filed, you will stop receiving collection calls from your creditors as they will have to abide by the law.<\/p>\n

Step #5 \u2013 Setting of the 341 Hearing Date<\/strong> \u2013 This is a confirmation and an oath swearing with the court where they will confirm the application filed by you along with the authenticity. This hearing is generally done between the court, the attorney, and the Filer (here You)<\/p>\n

Step #6 \u2013 Amendment and Resubmission of the Application<\/strong> \u2013 The next step after you attend the Hearing meeting with the court, is to wait for the file to process. This usually takes about 5-7 months if no amendment is required. In case the court requires an amendment, then you need to amend and resubmit the application.<\/p>\n

Step #7 \u2013 Acceptance by the Court \u2013<\/strong> Once the case is accepted, it is deemed to be completed and you get your dismissal. However, once your bankruptcy is processed, your credit score will come down.<\/p>\n

Expectation Setting \u2013 <\/strong>Once your application is accepted by the court (Including amendment if any), it takes about 5-7 months for the court to announce their decision. However, the process between step #2 (filing the application) to Step #6 (Amendment and Resubmission) may take months or even longer. So it is important to understand that legal proceedings take time and you cannot rush through it. So be prepared for the time and have expectations accordingly.<\/p>\n

Chapter 7<\/a> is also known as the liquidation bankruptcy. This is because it involves selling or liquifying your assets to pay off your debts.<\/p>\n

However, Chapter 13<\/a> which is also known as the reorganization bankruptcy, involves paying off your debts by spreading them over a period of 3-5 years over the repayment plan.\u00a0 It is however important (irrespective of which Chapter you decide to file under) to have a good attorney to guide you while you decide to file for bankruptcy. You can also consult –\u00a0888-297-6203<\/a><\/p>\n\n

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