Ohio Chapter 7 Bankruptcy

Ohio Chapter 7 BankruptcyThere are certain steps in filing Chapter 7 Bankruptcy in Ohio. In following these steps, you need to be prepared. Prepare a file folder where statements from every creditor owed are consolidated then build a compendium of the current financial situation. Afterwards, contact a lawyer for the list of places where pre-petition credit counseling is offered and required by the court.


After all the preliminary preparation above, here are the certain steps to follow in filing Chapter 7 Bankruptcy in Ohio:


A) Creditors must ensure that they have the following information of every creditor in the file folder:


  1. Name & complete mailing address of the creditor owed.

  2. Account number of the debtor if applicable.

  3. The names of the debtors (can be husband, wife, or both).

  4. The total amount of debts

  5. The total amount of monthly payments

  6. The original date when the debt occurred with the creditor (if the date cannot be remembered, an approximate year will do)

  7. If the debts are for a credit card, the last recorded date when the debtor charged on the card will do. If the last recorded date of charges happened 90 days ago, debtor needs to write down the amount charged and the reason of purchase.


B) Once all above information are completed, the next thing to do is insert the following documents:


  1. Latest six months of paycheck receipts; if debtors are unemployed, copies of any documents showing any receipt of income from retirements state, social security, SSI, child support, worker's compensation, and more.

  2. Mortgage and deeds if the debtors own or purchase a home or any other real estate properties such as apartment complex or land

  3. Title copies of mobile home, motorcycle, boat, car, or other owned motor vehicles

  4. Latest copies of tax returns for the last four years

  5. Copies of any court proceedings filed against the debtors


C) Debtors must take-up the first two courses to receive a bankruptcy discharge. The first course is about credit counseling, which needed to be completed before filing the petition. The second course tackles financial management, which should be completed within a period of 45 days succeeding the meeting with the U.S. trustee. The court in Ohio provides a list of approved agencies that administer classes for such courses. These agencies provide certification in every required completed course.