Many people in Ohio have found that credit card debt is easy to incur and hard to pay off. Fortunately, there are a couple of techniques that can help you get out from under your credit card debt. One strategy is to pay your cards with the lowest balances first....
Bankruptcy
Types of debt and your bankruptcy options
If you are like many people in Ohio, when you think about filing for bankruptcy, you might automatically think about a Chapter 7 bankruptcy plan. This is generally the most well-known type of consumer bankruptcy. However, it is not the only one as many consumers find...
Filing for bankruptcy as a parent
We have discussed many bankruptcy-related concerns and the different circumstances people who have excessive debt find themselves in. If you are a parent, there are a number of factors that you may want to take into consideration if you are thinking about filing a...
Can filing for bankruptcy end creditor harassment?
Ohio residents who are suffering under debt have a lot on their plate. This is especially true if creditors begin to harass you. They may use tactics that border on what could be considered legal, or even some that are downright illegal, to try intimidating you....
The stress of unemployment can be a hindrance
When workers show up to their job in Ohio and are met with the startling and unexpected news that they have been laid off, they could be left scrambling to pick up the pieces and figure out where to begin. Rarely, do people ever expect to lose their job. When it...
How managing your finances can help you stay debt-free
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...
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...
What happens when your ex files bankruptcy and you co-own a home?
When you co-sign a home with someone, one of you will always remain on the hook for the debt if the other defaults. This is true regardless of your relationship with the person. That means if you and your former spouse co-own a home together in Ohio, and he or she...
Will I ever be able to buy a home after bankruptcy?
If you are like many of the people in Ohio who are struggling with unmanageable levels of debt, you might have considered filing for bankruptcy at least once. Seeking debt relief via a bankruptcy, whether a Chapter 7 or a Chapter 13 plan, is a big step that does...