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.…
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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…
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While bankruptcy can stay on one’s credit report for between seven and 10 years, it can be a powerful tool for eliminating excessive debt and escaping harassing tactics of creditors. It is important to understand that not all debt can be discha…
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The word “bankruptcy” may leave a bad taste in some people’s mouths or even carry with it the negative connotation of failure. While bankruptcy may not be the most ideal situation to find yourself in, it is vastly preferable to crus…
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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…
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Whether you’re an individual or you own a company, if you are struggling with overwhelming debt, you may want to consider filing for bankruptcy. There are many different options, each with their own pros and cons, but the most common form of bankru…
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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…
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Nobody wants to see their business fail. Business owners invest their lives into something, and they understandably do all that they can to prevent it from going under. Unfortunately, if the business starts to fail, owners may find themselves struggl…
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Facing overwhelming debt can be a challenging experience. When creditors start coming after you, it is easy to become frightened or intimidated. Fortunately, there are ways to slow down the process, allowing you decide the best way to move forward. R…
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Bankruptcy is a scary thing for many people. Even if there was no way to prevent falling into inescapable debt, some people still feel like they have failed if they have to file for bankruptcy. Filing for bankruptcy, however, is not a sign of failure…
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