» Chapter 13

LIEN STRIPPING FOR SECOND MORTGAGE AFTER BANKRUPTCY

For many Ohio residents, avoiding foreclosure is an important factor in their decision to file for bankruptcy. Before choosing which form of bankruptcy to file, homeowners who have a second mortgage need to know how that obligation will be affected.… Read More
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BE CAREFUL ABOUT DEBT RELIEF PROGRAMS

Many companies claim in their advertisements that they can help debtors in Ohio consolidate their debts into a single monthly payment, and some of these are accurate. Some companies offer credit counseling services where they try to help a debtor neg… Read More
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DIFFERENTIATING BETWEEN CHAPTER 13 AND CHAPTER 7 BANKRUPTCY

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… Read More
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CHAPTER 13 BANKRUPTCY OFFERS A FRESH FINANCIAL START

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… Read More
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BANKRUPTCY CAN BE A SAFER ALTERNATIVE TO PAYDAY LOANS

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… Read More
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DEBT RELIEF CAN ALLOW YOU TO FOCUS ON STUDENT LOANS

A growing problem in our country concerns current and future American generations. Some Ohio residents may personally be feeling the strain of the countrywide rise in student loan debts, which now total approximately $1 trillion spread amongst almost… Read More
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BANKRUPTCY FILING WILL NOT AFFECT PLANS FOR OHIO PLANT

Maryland-based enriched uranium producer, United States Enrichment Corporation, is planning to build an enrichment plant in Ohio, but first they have to contend with more than $500 million worth of debt. To manage all of this debt, USEC has filed for… Read More
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CHAPTER 13 FILING STOPS FORECLOSURE SALE ON PROPERTY

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… Read More
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BANKRUPTCY FILINGS COULD INCREASE AS JOB OUTLOOK GETS BETTER

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,… Read More
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WHAT HAPPENS IF YOU'RE IN BANKRUPTCY BUT CAN'T MAKE THE MORTGAGE?

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… Read More
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