Thousands of Ohio residents fall victim to identity thieves each year, and the resulting harassment from creditors and debt collectors prompts some victims to consider filing a personal bankruptcy. While a bankruptcy filing does put an end to creditor harassment, it...
Month: November 2016
Court rules in favor of debtor in Chapter 13 case
Ohio residents may be interested in a ruling holding that a vehicle involved in a title pawn is still part of the debtor's Chapter 13 bankruptcy estate. This was the decision made by the U.S. District Court for the Middle District of Georgia. However, the lender is...
Love and borrowing: Four tips on borrowing money to family members
Family members love each other and want to support one another through tough times both emotionally and financially. A perilous situation can arise, however, when a family member borrows money to a loved one facing significant debt and, potentially, bankruptcy. If you...
Stopping stale debt from being collected
It is possible that a debt may no longer be legally collected because the applicable Ohio statute of limitations has expired. However, companies may still try to collect on that debt as it can be profitable to do so. This is because making a single payment on such a...