Getting back on your feet after you have filed for bankruptcy in Ohio may take some time, but it is doable when you identify improvements that you can make in the way you had previously managed your finances. At , we are experienced in...
Bankruptcy Exemptions
What are some ways that you can build equity in your home?
Having home equity is an invaluable investment when you understand how to effectively build this reservoir over time. If you have purchased a home in Ohio, you have the chance to witness your equity grow as the market changes and your home's value increases. Being...
The impact of filing for bankruptcy during your retirement
Filing for bankruptcy can shake your financial foundation no doubt, but there are certain periods of your life when its presence could be even more impactful. At , we are committed to educating people in Ohio about how bankruptcy works and...
Does Ohio have homestead exemption laws?
Many states have homestead exemption laws, which permit homeowners to list a portion of their home as a "homestead" and thus make it off limits to creditors in the event of a bankruptcy. Ohio is one such state. FindLaw explores Ohio's homestead laws in brief....
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...
What are the exemptions allowed under Ohio law?
When a person files bankruptcy in Ohio, the court may take his or her assets to pay off debts. However, the idea behind bankruptcy is to give a person a fresh start, so there are some assets the court may not take so the person still has items to rebuild with after...
Reviewing household item exemptions
Many in Cuyahoga Falls may hold misconceptions about personal bankruptcy, the chief among these being that it is somehow perceived to be a way for one to take "the easy way out" from their financial struggles. The fact that (according to information compiled by the...
What property is exempt from Chapter 7 bankruptcy?
Even when in the direst of financial straits, you may be reluctant to file for Chapter 7 bankruptcy in Ohio. You may be afraid that you will need to forfeit everything you own in order to pay off your debt, leaving you with nothing. In reality, this...
Keeping your home and vehicle in a bankruptcy
The bankruptcy courts in Ohio understand that by declaring bankruptcy, you are seeking a fresh start. However, without certain assets, such as a home and a vehicle, some people's fresh start could become as challenging as their struggle with overwhelming debt. At...
The Ohio homestead exemption may allow you to keep your home
At , in Ohio, we understand that worries over housing may be a major concern for anyone considering filing Chapter 7 bankruptcy. After all, if you lose your house, you must find a new place to live and move during a time when you are...