FREE Debt Relief & Bankruptcy Consultation
(330) 409-2876 or (877) 505-9455
FREE Debt Relief Consultation Call (330) 409-2876 or (877) 505-9455
Sheppard Law Offices
TALK TO AN OHIO BANKRUPTCY ATTORNEY TODAY (330) 409-9455
Receiving a Form 1099 for cancellation of debt from a creditor, does not automatically mean that you must include that amount in your taxable income. Tax Attorney Ken Sheppard can help you determine if that cancellation of debt by the creditor must be included in your taxable income for the tax year the debt was canceled.
Loan consolidation rolls your high interest credit cards and other debts into one monthly payment. Benefits may include: Faster payoff of the debts, lower monthly payment amount, and fewer payments to make each month.
The requirement for collateral when initiating a consolidation loan will depend on the lending requirements of the consolidation loan creditor. The lender will typically take into consideration your current debts, credit history, ability to pay, and available collateral.
Loan modifications are agreements between the lender and borrower to change the terms of a loan to help the debtor get back on track. Benefits may include a reduced payment, lower interest rate, removal of late fees or penalties, forbearance period, or other benefits to help keep your home, vehicle, or other property, and bring the loan back to or keep it in good standing.
Lenders will approve mortgage or other loan modifications as a means to get the loan back on track as a performing loan. When considering a modification the creditor will review the ability of the borrower to keep up payments on the revised loan, the value of the property, and the value of the loan.
There are numerous defenses which may be utilized to home foreclosure, these foreclosure defenses range from the lender filing improper paperwork to fraud on the part of the lender. A foreclosure defense attorney should review your situation and loan documentation in order to determine the best defense.
Sheppard Law Offices is a debt relief agency. In addition to helping our clients to file chapter 7 and chapter 13 bankruptcy, we can help our clients with other debt relief options. We always seek to determine the most viable and best debt relief option to meet the needs and goals of each of our clients. We strive to educate you of the pros and cons of each debt relief option and help you to choose the one that works best for your situation.
Sheppard Law Offices
Canton, Ohio Office
Belden Village Tower, 200
Canton, Ohio 44718
Tel: (330) 409-2876
Columbus Ohio Office
2600 Tiller Lane, Suite A
Columbus, Ohio 43231
Tel: (614) 523-3106
Newark, Ohio Office
843 N. 21st Street, Suite 108
Newark, Ohio 43055
Tel: (740) 345-7138
Mt. Vernon, Ohio Office
11 West Gambier Street
Mt. Vernon, Ohio 43050
Tel: (740) 392-0404
We are a debt relief agency. We help people file for protection under the U.S. Bankruptcy Code.
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Sheppard Law Offices, LPA is conveniently located and serving chapter 7 and chapter 13 bankruptcy clients in Canton, Ohio. Our office is a short drive from throughout Stark, Tuscarawas, and Summit Counties. We regularly provide debt relief solutions to clients from Akron, Canton, North Canton, Massillon, Dover, New Philadelphia, Alliance, Navarre, Strasburg, Ballivor, Jackson Township, Canal Fulton, Barberton, Greenlawn, Medina, Wooster, Orrville, Dalton, Minerva, Ashland, Wadsworth, Carrollton, Dundee, Millersburg, Hartville, Doylestown, Green, Uniontown, Salem, Columbiana, Uniontown, and throughout Ohio.