When a person's petition in bankruptcy is granted in Ohio, he or she will have the unsecured debts owed discharged at the close of the bankruptcy estate. Secured debts, such as a mortgage or car loan, will remain and secured creditors may continue to enforce those...
Month: January 2015
The problems of medical debt in Ohio
Medical debt is a significant problem for many people in Ohio and around the country. The issue is not one relegated only to the uninsured, either. Of those struggling with high medical debt, 70 percent were insured at time the debt was incurred, according to some...
Mortgage lenders and bankruptcy
When an Ohio homeowner files bankruptcy, the mortgage lender or holder will be prohibited, along with other creditors, with engaging in any further collection activity during the automatic stay issued upon the petition's filing. Debtors who are delinquent in their...
Debt relief
There are many services in Ohio that can be used to deal with debt. Two of the most prominent of these types of services are credit counseling companies and debt settlement companies. Although both of these services are intended to accomplish the goal of debt relief,...