Ohio residents who are considering filing for bankruptcy should be aware that they are required to take two educational courses before their debts will be discharged. The first is a pre-bankruptcy counseling session, and individuals must provide a certificate of...
Ohio residents who encounter debt may be interested in ways to deal with debt collector lawsuits. According to the Federal Trade Commission, about 60 to 95 percent of debtors who are sued never show up in court. This may result in a default judgment against the...
Life changes might make accumulating credit card debt unavoidable, but paying it off as quickly as possible is important for one's financial future. Working to eliminate debt will result in lower overall payouts in interest. In addition, paying down debt lowers one's...
The credit reporting agency FICO has stated that it will be changing the way that it handles its scoring of medical debt by reducing the impact that such obligations have on people's credit scores. According to FICO's director of public relations, just because someone...
