Filing for bankruptcy in Ohio is a complicated process and may be best navigated with the guidance of an experienced bankruptcy attorney. He or she can explain the pros and cons of the different types of bankruptcies -- called chapters. Individuals typically have to do a means test to determine whether they qualify for Chapter 7 or Chapter 13 bankruptcy. Chapter 7 brings debt relief within months, while Chapter 13 takes between three and five years.
Chapter 13 bankruptcy is suitable for individuals who have fallen behind on car or mortgage payments and need extended time to pay it off. Most of their debts may be non-exempt such as child support or student loans, and they may not want to risk losing assets such as a car or jewelry. This chapter involves drawing up a court-approved reorganized payment plan to settle debts over a period of three to five years.