Jump Legal Blog

Worried you’ll lose your car or your home if you start filing for Chapter 7? You’re not alone—and in many cases, that fear isn’t the reality. The truth is, your vehicle and homes can often be protected. However, this protection depends on a couple of things, such as your equity, debt, and the...

Being behind on your mortgage payments can be very stressful. You may be worried and wondering if you will lose your home and if there is anything you can do to save it. Filing for bankruptcy can typically stop a foreclosure and be a key tool to help keep your home long-term. The guide below will...

Proof Of Identity One of the first steps to filing for bankruptcy is to provide your proof of identity. You will need to verify your identity to the bankruptcy court to ensure that your case is handled correctly. This is a necessary step that helps prevent fraud and other complications from...

Filing for Chapter 7 or Chapter 13 bankruptcy is a great way for someone to find financial relief if they have a large amount of debt. People often don’t think about how filing for bankruptcy will affect a co-signer. It is crucial to understand how bankruptcy will affect you and the person who...

Filing for bankruptcy can help many individuals find financial freedom and recover from hardships. Sometimes, an individual may need to file for bankruptcy more than once. This is more common than many people realize. In Ohio, there is no limit to how many times someone can file bankruptcy, but...

What To Expect When Filing For Bankruptcy Having an overwhelming amount of medical debt can make it feel impossible to keep up and imagine a day of being debt-free and having financial freedom. Filing for bankruptcy can provide individuals with a way to regain control of their finances. Bankruptcy...

It is important to understand the debts that are and are not dischargeable before you file for Chapter 7 or Chapter 13 bankruptcy. Certain debts on both federal and state levels are not dischargeable, which means you still owe them even if you file for Chapter 7 or Chapter 13 bankruptcy. Below we...

Tax Liens Can Affect Your Property A tax lien is a legal claim imposed by the government on a property when the owner fails to pay their taxes. Liens are a security measure that the government will take on any unpaid tax debt you have so they can ensure that they can recoup what is owed. Liens can...

An Offer in Compromise (OIC) Is An IRS Program For US Taxpayers An Offer in Compromise (OIC) is an IRS forgiveness program that allows taxpayers to settle their tax debt for less than the full amount they owe. It is an agreement between the taxpayer and the IRS with the goal of coming to a...

Bankruptcies Can Affect Your Ability to Get a Job Filing for bankruptcy can be a very stressful time. If you find yourself also needing to find a new job around the same time or even after you file bankruptcy, you may find yourself worrying if this will affect your ability to get a job. For most...

Navigating a Pending Lawsuit during Bankruptcy Bankruptcy is an intricate and complex legal situation that impacts all finances of the debtor. When a pending lawsuit is included, this can cause even further complications. There are a few major factors that will determine whether the lawsuit will...

Understanding Bankruptcy And Retirement Account Exemptions​ In Ohio If you are considering filing for bankruptcy, there are a few things to consider before applying for financial relief. Bankruptcy can be extremely overwhelming and confusing, and most people are unsure of where to begin. One thing...

Navigating the complexities of bankruptcy and inheritance rights can be daunting, especially when the rules vary by state. Specifically, in Ohio, laws dictate how a person's debt and assets are handled when they file for bankruptcy, and these laws significantly impact one's inheritance rights....

Understanding Your Financial Options As you begin down the road to financial freedom, knowing what options are available is essential. You should research several resources that can help you gain control of your debt without bankruptcy or debt settlement. It’s important to make an informed...

Facing financial challenges is never easy, and sometimes, seeking relief through bankruptcy becomes a viable option. While there are different types of bankruptcy to choose from, Chapter 7 bankruptcy is a common choice for people seeking a fresh start. Filing bankruptcy can be a complex legal...

Debt can impact all areas of your life, especially if the debt feels impossible to manage. Filing for bankruptcy can be a helpful solution for individuals struggling to break free from credit card debt, debt from mortgage loans, student loan debt, and other debt. However, there’s lots to consider...

Financial difficulties can affect businesses of all sizes, including small businesses. If you’re a small business owner and you feel like you’re drowning in debt with no way out, bankruptcy may be a viable option. In this blog post, we’ll discuss what bankruptcy means for small business owners and...

Did you recently apply for credit? Even if you were approved, you may have been charged a higher rate based on a coding error by Equifax and you may have a claim for money damages! Please submit your contact information below and we will discuss with you in more detail.Contact Jump Legal...

In August I was featured in a story for Super Lawyers as a subject matter expert on bankruptcy. I had the pleasure of being interviewed by Canaan Suitt, where we discussed when and how individuals should file for bankruptcy. The article takes a very general focus, helping readers who may have...

When you fear you may never repay your loans, improve your credit, or live debt free, filing for bankruptcy may be the best option. With Chapter 7 bankruptcy, you’ll be able to discharge specific types of debt while keeping important assets. However, there are rules and information to consider...