There is little else as stressful as knowing that creditors are getting anxious about receiving their payments and have threatened repossession of a vehicle. For many people in Ohio who are stuck in this inconvenient predicament, feelings of anxiety and anger may be...
Month: June 2018
Can I keep using my credit card if I plan to file bankruptcy?
You've been struggling to pay your bills for a while now, and recently you decided to file Chapter 7 bankruptcy in Ohio. Even though you are making plans, life goes on, and you still have things you need. Your unsecured debts will be discharged in the bankruptcy. Does...
Should I use the money in my retirement accounts to pay my debts?
If the income from your Ohio employer is not sufficient to cover your mortgage payments, credit card bills, medical bills and living expenses, you may be looking for other ways to increase your available funds. You have been contributing to various...
The debtor’s meeting with the trustee and creditors
The Ohio bankruptcy trustee is a person appointed to a bankruptcy case. The trustee performs various tasks, one of which is presiding over the meeting of creditors. Cornell University Law School's Legal Information Institute explains that the bankruptcy court...
Can filing for bankruptcy stop creditors from taking your wages?
Being in debt can feel like drowning slowly in a sea of overdue bills. You want to pay your creditors, but you just no longer have the resources. Just when you think things cannot get worse, you receive a notice that your wages are being garnished. What is wage...