Cuyahoga Falls Bankruptcy Law Blog
Ohio’s updated 2019 bankruptcy exemption amounts
Filing for bankruptcy is not an easy choice to make, but those who do are able to keep much of their property when filing for Chapter 7 bankruptcy protection. Ohio does not follow federal bankruptcy code for exempt property, but state exemptions match federal amounts....
A look at how bankruptcy impacts your child support obligations
Getting back on your feet after you have filed for bankruptcy in Ohio may take some time, but it is doable when you identify improvements that you can make in the way you had previously managed your finances. At , we are experienced in...
Keeping the past in the past with a fresh financial start
When people find themselves in a precarious financial situation in Ohio, they may be grasping for answers of things they can do to get out of debt and start anew. The challenge for many people is learning and developing new habits that will support a lifestyle where...
How much of your income can you lose to wage garnishment?
When you struggle to keep up with your bills in Ohio, you run the risk of your creditors coming after you in an attempt to collect what you owe. If those creditors are able to ultimately secure a court order against you, your employer may end up withholding some of...
Are you drowning in credit card debt?
Like many Ohio residents, you may find that sometimes your expenses surpass your income. If this happens once in a while it may not be a big deal, but when it happens often, it can become destructive. Unfortunately, some people in this situation use their credit cards...
The basics of bankruptcy: Chapter 7 vs. Chapter 13
The legal system can feel daunting even when there is little at stake. When your finances become involved due to bankruptcy, everything can feel downright scary. It doesn’t need to. Bankruptcy is a way to ease the pressure and emotional burden of debts that have...
What can bankruptcy’s automatic stay protect you against?
When medical bills, credit card debts and other consumer debts you accumulated in Ohio become too much to manage, you may devote some consideration to filing for bankruptcy as a means of giving yourself a fresh financial start. While doing so can potentially help you...
What happens to my retirement in bankruptcy?
You have spent years preparing for your retirement. Your retirement accounts have slowly gained value through the years with each paycheck. Then the unthinkable happens. You have a medical emergency. You lose your job. Paying bills becomes harder and harder. You reach...
Seniors are facing increasing financial challenges
If you are a senior living in the state of Ohio, like many of your contemporaries you may be worried about the amount of debt you are living with at the present time. This may overwhelm you and cause you to fear for your financial future during your retirement. We...
What are some ways that you can build equity in your home?
Having home equity is an invaluable investment when you understand how to effectively build this reservoir over time. If you have purchased a home in Ohio, you have the chance to witness your equity grow as the market changes and your home's value increases. Being...
