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Bankruptcy Advice

The Ohio Bankruptcy Means Test Explained

Published July 16, 2021 by Amourgis & Associates
What Is the Bankruptcy Means Test in Ohio?

Every year, millions of Americans struggle with unmanageable debt due to job loss, medical bills, and other unpredictable life events. When consumer debt begins to snowball out of control, many people consider filing for bankruptcy to stay afloat and get…

Tax Discharge in Bankruptcy

Published June 9, 2021 by Amourgis & Associates
Tax Discharge in Bankruptcy

Filing for bankruptcy is sometimes the best way to get your finances under control and get a fresh start. However, declaring bankruptcy is not right for everyone. It’s important to understand how bankruptcy can affect different types of debts, such…

Things to Know About Wage Garnishment in Ohio

Published June 7, 2021 by Amourgis & Associates
Things to Know About Wage Garnishment

A creditor is a business or a person that you owe money to.  If you fall behind in your payments, the creditor could potentially obtain a judgment against you to garnish your wages. Wage garnishment laws allow creditors to withdraw…

What To Know About Tax Liens in Ohio

Published May 25, 2021 by Amourgis & Associates
What To Know About Tax Liens in Ohio

Sometimes when people pay taxes to the federal or state government, they can’t afford to pay the full amount they owe. When taxpayers get behind on their taxes, they may end up with a tax lien. A lien from the…

Lowering Your Monthly Car Payment with the Help of a Bankruptcy Attorney

Published May 11, 2021 by Amourgis & Associates
Lowering Your Monthly Car Payment with the Help of a Bankruptcy Attorney

Many people have crushing car loans that are difficult to keep up with. They may wonder if filing for bankruptcy can help lower their monthly car payment. Depending on the type of bankruptcy you file and your particular circumstances, you…

Is All My Debt Discharged in Bankruptcy?

Published March 31, 2021 by Amourgis & Associates
Is All My Debt Discharged in Bankruptcy?

Bankruptcy provides a fresh start for many people because much of their debt is discharged. However, whether all of your debt will be discharged in bankruptcy depends on the type of debt you have, what property you want to keep,…

What You Need to Know About Ohio Tax Returns & Bankruptcy

Published February 24, 2021 by Amourgis & Associates
What Happens to Your Tax Return in Bankruptcy?

Bankruptcy proceedings can get complicated under the best of circumstances. Figuring out your taxes in the midst of filing for bankruptcy adds yet another layer of complexity to your case. In some situations, you might not be able to keep…

Bankruptcy Could Help Business Owners - Recent Amendments in COVID Relief Bill

Published February 5, 2021 by Amourgis & Associates
Bankruptcy Code Amendments and the COVID Relief Bill

The COVID-19 pandemic has wreaked havoc on businesses throughout the country, including in Ohio. With so many people staying at home, many local businesses have found themselves in dire financial straits. Many small business owners are finding themselves facing tough…

What You Need to Know if You Are Considering Bankruptcy Because of COVID-19

Published May 28, 2020 by Amourgis & Associates
What You Need to Know if You Are Considering Bankruptcy Because of COVID-19

Nearly 22 million Americans have filed for unemployment due to the COVID-19 pandemic and the number of people out of work could continue to grow exponentially. Some economists estimate that the total number of Americans without a job could hit…

Stimulus Checks & Bankruptcy - 2020

Published April 13, 2020 by Amourgis & Associates
Can You Keep Your Stimulus Check if You File for Bankruptcy?

On April 9, 2020, the IRS will start sending stimulus checks to individuals under the Coronavirus Aid, Relief and Economic Security (CARES) Act of 2020. People earning less than $75,000 will receive $1,200 and married couple earning less than $150,000…

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