Although bankruptcy is a federal specialty court proceeding, each state sets what property an individual owns that is exempt from the bankruptcy estate. Ohio has a number of types of property that the bankruptcy trustee cannot reach in the bankruptcy…
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Ohio residents who are struggling with overwhelming credit card or medical debt may be interested in an article describing the different types of bankruptcy available to individuals. Each will help to eliminate debt, though the amount of time that it…
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While bankruptcy is an effective form of debt relief, it is not the ultimate answer to all financial problems, and it would be a lie to tell people that it doesn’t come with a bit of baggage attached. Individuals who have taken advantage of a bankr…
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It’s no secret that the United States economy has been in a slump over the last several years. While the economy does seem to be improving slowly, there are still many people who need some form of debt relief or financial assistance to pay off stud…
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There’s a lot more to bankruptcy than one might initially think. The first reaction may be one of unnecessary negativity, with bankruptcy often being related to insurmountable debt or other such financial struggles. However, bankruptcy is not a mar…
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Chapter 13 bankruptcy is a way for people to reorganize their debt while avoiding collection activities such as wage garnishment and foreclosure. Since 2010 national filings for bankruptcy have declined. However, even though the economy is improving,…
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As some Ohio residents know, filing for bankruptcy as a way to save a home from foreclosure is not uncommon. Sometimes lenders are willing to make modifications to a mortgage to help a family or individual remain in a home. What happens, however, if…
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