Realizing that the debt you have accumulated is more than what you are capable of paying back by the required dates is jarring, to say the least. Now, you are left to scramble and make changes to allow you to meet your lenders' requirements before you are sent to...
Month: January 2019
What is the number one reason people go bankrupt?
When most people think of bankruptcy, they think of individuals who spend too much, budget too little and all around mismanage their money. However, according to The Motley Fool, the number one reason people go bankrupt is a reason no one can control — not even...
How can you rebuild your credit score after bankruptcy?
If you are like most Ohio residents who found themselves in over their heads with debt, bankruptcy may have been your only viable relief option. Now that you are debt free, however, you may wonder what you can do to rebuild your credit score and move forward with your...
Tips for improving your credit score after bankruptcy
Filing bankruptcy is a necessary step for some people to regain financial footing. However, many people are afraid of the poor credit scores they may be left with once their bankruptcy process is complete. Poor credit scores can make it difficult to obtain housing or...
Does filing for bankruptcy mean a business must close?
Running a small business is tough. You make many decisions on your own. It allows you freedom, but it can also feel like a burden. This is especially true when business is not going well. Maybe the market is down, or you made some unwise purchasing decisions. Whatever...
What are the signs credit card debt is too high?
A credit card is a nice thing to have. When used correctly, it can help you in emergency situations or enable you to build your credit score for other financial moves down the road. However, many people in Ohio and other states struggle with credit card debt. If you...
You do not have to give up your jewelry in your bankruptcy
At ., in Ohio, we understand that some people want to file for Chapter 7 bankruptcy in Ohio to find relief from debts, but losing certain assets would be devastating. For example, you may have an emotional attachment to a necklace left...