Even though the economy in the rest of the nation seems to be rebounding, the recovery is slower for many residents of Cuyahoga Falls, Ohio. Some filed for Chapter 7 bankruptcy at the peak of the Great Recession and found a fresh financial start; others may not have...
Month: August 2013
Bankruptcy provides debt relief and allows Ohioans to keep homes
Residents of Cuyahoga Falls or any other city in Ohio who are faced with overwhelming debt may want to consider filing for personal bankruptcy. Chapter 7, often referred to as liquidation bankruptcy, is often the best solution to stop creditor harassment, prevent...
Sole proprietors may want to consider Chapter 7 for businesses
In many areas of the United States, small businesses owners over-extended themselves during the Great Recession hoping that their sales would rebound along with the economy. Unfortunately, this has not been the case for many sole proprietors and small business owners...
When you should and should not negotiate medical debt in Ohio
In a recent post we discussed tips for making medical debt more manageable in Ohio. One strategy was to negotiate with the health care provider to see if you could work out a payment plan. A recent news article asks the question, "Is it ever too late to negotiate?" We...
Ohio BBB warns consumers of threats from debt collection company
Even as the economy is recovering from the Great Recession, many Americans are still struggling with debt. Chapter 7 bankruptcy is a viable option for many people to find debt relief, prevent wage garnishments and stop harassment from creditors. Some creditors have...