Chapter 7 Bankruptcy

Chapter 7 Bankruptcy Lawyer in Cleveland

Providing Skillful, Empathetic Bankruptcy Services in Cleveland Since 2003

At The Romano Law Firm, we provide empathetic, strategic bankruptcy services for couples, individuals, and small businesses in northern Ohio. We have been handling a wide variety of bankruptcies for more than 17 years, and we are prepared to use our knowledge and expertise to your advantage. During that time, we have become very familiar with the personal, emotional, and financial difficulties that bankruptcy creates for our clients, and we put a lot of time and effort into making sure you have peace of mind and healthy expectations throughout the process.


Get started today by scheduling your free consultation with a Cleveland bankruptcy lawyer. Contact us online or call (216) 238-0880 to reach a member of our team.


The Process of Chapter 7 Bankruptcy

Chapter 7 bankruptcy gives you the option of liquidating your assets in order to pay off as much of your debts as possible. However, this form of bankruptcy does not give you the liberty of choosing which assets will be liquidated and which ones will not.

After you file for bankruptcy under Chapter 7, the court will appoint an impartial, third-party trustee to liquidate your nonexempt assets, divide the resulting funds, and give as much as possible back to your creditors. First, the trustee will pay off your unsecured priority debts, which may include debts such as unpaid taxes, alimony, or child support. After your unsecured priority debts are paid off, the trustee will use any remaining funds to pay off your secured debts, which often take the form of mortgages, auto loans, or any other debt you have secured by collateral.

In the event that liquidating your assets does not generate enough funds to pay off your unsecured debts in their entirety, the trustee assigned to your case will pay your creditors proportionately.

Qualifications for Obtaining a Chapter 7 Bankruptcy

You may be eligible to file for bankruptcy under Chapter 7 in Cleveland if the following are true:

  • You have completed credit counseling in the last six months before filing for bankruptcy; and
  • You pass the “means test,” which means that your monthly income is less than the median for a household of the same size in Ohio; or
  • You do not pass the “means test,” meaning that your monthly income exceeds the median in Ohio, but you have a certain low level of disposable income that may still make Chapter 7 bankruptcy feasible.

Chapter 7 bankruptcy may sound good on its face but, ultimately, it may not be right for you, either because you do not qualify or because there is a more effective way of resolving your specific debts. In order to make an informed decision, you must first consult a highly skilled bankruptcy attorney with years of experience. At The Romano Law Firm, we are prepared to help you evaluate your options and make informed decisions about your financial future, starting with a complimentary, no-obligation case evaluation.

Call (216) 238-0880 today to speak with Joe Romano and schedule your free, no-cost consultation with an experienced bankruptcy lawyer in Cleveland.

Our Clients Matter Most

Client Testimonials
  • No regrets!

    “He was so interested to listen to my concerns and ever more on helping me figure and fix things out! Truly the perfect bankruptcy attorney to fill your needs!”

    - Yho V.
  • Joe Romano did a great job for me.

    “He's knowledgeable, he's diligent, and he fought hard for me. I wouldn't hesitate to recommend him to anyone who needs legal help.”

    - Zeke R.
  • Extremely professional and prompt.

    “Mr. Romano was extremely professional and prompt in helping to resolve my matter. I am very grateful to have stumbled upon his services while browsing for representation on the internet.”

    - Jeff M.
  • Mr. Romano has worked with my family on several matters.

    “We have worked with him for over 7 years now and he comes highly recommended.”

    - Paula G.
  • What a great lawyer!

    “Joseph saved me tens of thousands with my bankruptcy. I wouldn't hesitate to recommend him to anyone.”

    - Kristina B.
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Results That Prove Themselves

Notable Cases
  • Successful Defense Jennings v. Bodrick

    Creditor argued that debtor was in on a Nigerian scam to invest in the international sale of auto parts.

  • Successful Judgment Dawson v. J&B Detail

    Court determination that "On-Time Pay System" (kill-switch) is an attempt to collect a debt and must be removed from a vehicle upon the filing of a Ch. 13 bankruptcy)

  • First Circuit Court Level Decision In re Davis

    Sixth Circuit found that debtor's filing Chapter 13 bankruptcy are permitted to continue deductions made from payroll into retirement in the Means Test and can continue to fund the retirement plan throughout the life of the chapter 13 plan provided the debtor was doing so prior to the filing of the Chapter 13.

  • Successful Defense Rhiel v. Seye (In re Kebe)

    Represented the 3rd party co-owner of property, showing that value of property to Seye outweighed the value of the property to the creditors of the debtor's bankruptcy estate.

  • Successful Appeal In re DeVito

    When a Ch. 13 plan is filed it becomes the plan, superseding all previously filed plans. Court was wrong to dismiss case based on the non-confirmability of a chapter 13 plan that had been amended

  • Successful Defense Thomas v. Kuhn

    Successful defense of a title company in a trustee's efforts to invalidate a mortgage and take property of debtor for benefit of creditors of the debtor.

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A Promise to Our Clients

What You Can Expect
  • Free Consultations

    Whether it's in person or through phone or video, your first initial consultation with us is free!

  • Results-Driven Legal Strategies

    With a strategy put in place after evaluating your case, Attorney Joe Romano can get you the results you need.

  • Direct Access

    When you call our office, don't expect to be passed around. You will get direct access to our attorney to speak about your case.

  • Knowledge & Experience

    With nearly two decades of experience, Attorney Joe Romano is equipped with the knowledge to handle the toughest of bankruptcy cases.

Ready to Take the First Step?

Our team is ready to help you get started with your bankruptcy matter. Request a free consultation today to discuss your case.