It’s probably safe to say that no one in Cuyahoga Falls ever anticipates having to file for bankruptcy. Most work very hard at establishing good money management skills. Yet no one can anticipate a major medical emergency such as a serious accident or an...
Month: February 2014
When to file for personal bankruptcy
A better understanding of what bankruptcy is and how it can help people has helped eliminate the stigma associated with it. Now, the question for those in Akron considering this option remains when they should file for it. The answer may be as clear as the reasons why...
Third time a charm for Nicole Eggert’s Chapter 13 bankruptcy?
Very few people in Summit are actually lucky enough to go through life without having experienced some degree of financial hardship. Many are prone to make the occasional poor choice when it comes to money. For others, simple bad luck befalls them. Yet what’s...
Mix of circumstances leads attorney to file for bankruptcy
Summit residents can often be counted among the many that are surprised when news of a high-profile, high net-worth individual announces that he or she is filing for personal bankruptcy. That news is often that much more shocking when the individual is someone...
Failed business, divorce leads Eddie Montgomery to bankruptcy
There are many in Summit who may believe that if they just had more money, all of their financial challenges would disappear. While one can't deny that more money would help anyone in dire financial straits, often more money doesn't simply solve financial problems....
New initiatives aim to keep medical accounts out of collections
Those in Summit who pride themselves on avoiding debt may just be surprised to learn exactly which type of debt is the most prevalent in the United States. According to the Consumer Financial Protection Bureau, medical debt has recently surpassed all other types of...