Ohio residents who pass away are likely to do so while still in debt. According to December 2016 data provided by Experian, 73 percent of consumers who died owed money to creditors. On average, an individual died with $61,554 when a mortgage balance was included....
You might consider filing a Chapter 13 bankruptcy in order to keep your house and the assets you worked hard to accumulate. Someone may have told you that, after three to five years of tightening your belt and making payments to your creditors through the court, you...
When someone in Ohio files for bankruptcy protection, the court will consider many factors before allowing the case to move forward. A dismissed case that involved a convicted felon and income provided by his parents illustrates the scrutiny that a court will apply to...
Debt that is owed to creditors may be sent to a collection agency if attempts by the original creditor to obtain payments have failed. Ohio residents who are concerned about debt that has been referred to a collection agency should know that collection accounts can...
With the ease of obtaining credit cards and personal loans these days, people tend to consider debt as commonplace yet have little to nothing in savings. In fact, according to a survey, about a third of the U.S. population have nothing in savings, another third have...
