When people start tossing the word “bankruptcy” around, most in Cuyahoga Falls may automatically think of large companies or corporations that are going under. While many of the more high-profile bankruptcy cases that garner media attention do center on...
Month: April 2014
Experts warn against replacing medical debt with other debts
Medical debt is quickly replacing all other forms of the debt as the primary source of financial struggles for families in Cuyahoga Falls and throughout the rest of the U.S. Many may wonder how is it that so many can be without health insurance in today’s...
Reality TV stars exit bankruptcy with same debt they had going in
Chapter 7 bankruptcy offers protection for those in Summit whose debt threatens to overwhelm them. Should they comply with all of the demands of the court during the time that their bankruptcy is active, then the remainder of those debts not already satisfied through...
Couple sues over auto loan debt discharged through bankruptcy
Those in Cuyahoga Falls who choose to file for Chapter 13 bankruptcy protection work with the court to arrange repayment of a large portion of those debts over a set period. Typically, creditors are entitled to at least the amount they would have received through a...
Furniture store closes as part of owner’s Chapter 7 bankruptcy
For many in Summit, owning their own business and only having to answer to themselves would be a dream come true. The American Dream was built off of such ideals. Yet many underestimate just how much responsibility one assumes as his or her own boss. Should the...