Columbus, OH
Bankruptcy and debt Lawyer at Columbus, OH
Practice Areas: Bankruptcy & Debt, Tax ... +5 more
OUTCOME: Redeemed the amount of th elien on th evehcile from $14,490 to $5,074
Chapter 7 Bankruptcy; Client owed Lender $14,490 on a secured vehicle loan. Through a Motion to Redeem filed with Court we reduced the total amount owed from $14,490 to the value of the vehicle ($5,074 ... ).
OUTCOME: Partial Forgiveness of Student Loan Debt; Reduced remaining school loan debt and interest rate; Established reasonable payment plan over 20 years
Chapter 7 Bankruptcy; Filed Adversary Proceeding to discharge 9 student loans. $57,000 student loan debt with Navient reduced to $35,000 with a reduced interest rate to 3%, payable over 20 years. $22,0 ... 00 of the overall student loan debt was forgiven by Lender.
OUTCOME: We saved the client's home from foreclosure and reduced the lender's claim amount to the home's FMV. The house will paid off in full in 5 years.
Chapter 13 Bankruptcy case; Lender was proceeding with a Decree of Foreclosure and heading to Sheriff Sale. Lender claimed a Note of $117,500 at 7.5% APR. We filed an Adversary Proceeding to "cure" th ... e balloon mortgage. The result was that the clients would pay $78,000 at 4% APR over 5 years and at the end of the 5 years, the mortgage will be released and they will hold clear title to their home.