When Ohio motorists cannot afford their car payments, they may voluntarily turn in the vehicle. Alternatively, the lender could repossess the auto after one or more missed payments. Typically, the lender will sell the car in an auction. However, if the amount the car...
By now, most Ohio millennial have graduated college and are getting ready to buy their first home, raise a family or start a business. However, around two-thirds of the millennial generation are paying back a significant student loan or another type of long-term debt....
Making large purchases before filing for bankruptcy is generally frowned upon, but Ohio residents who are struggling with unmanageable bills sometimes have few choices. A reliable car is a necessity for those who commute to work and have few, if any, public...
Debt collection companies in Ohio and across the country are part of a growing industry that is already worth about $13.7 billion each year. These companies buy tranches of debt for as little as 1 or 2 cents on the dollar, and they then hound consumers for payment...
Receiving calls from debt collectors is a part of daily life for many Ohio residents, but a report from the Consumer Financial Protection Bureau reveals that many of the companies behind these calls routinely ignore federal regulations and subject consumers to tactics...
Many Ohio residents make promises to themselves at the beginning of a new year to improve their lives in some way. For example, some may choose to pay off bills. Reports indicate that the average U.S. debt-carrying household is responsible for at least $16,000 in...
Ohio music fans may be interested to hear that rapper DMX has filed for his third bankruptcy since 2009. The first case was thrown out for unreasonable delays while the 2013 bankruptcy was discarded because the judge believed that the rapper was misrepresenting his...
Some Ohio residents who are struggling with their financial obligations choose to file for bankruptcy protection under Chapter 13. When they do so, they enter into repayment plans through which they pay off a portion of their debts over a time period that lasts from...
Ohio residents and others across the United States have the right to file for bankruptcy, though the process comes with certain rules and conditions that must be met. Violating the rules can result in penalties, as a bankruptcy filer in Kansas recently discovered. The...
Ohio residents may be interested in a ruling holding that a vehicle involved in a title pawn is still part of the debtor's Chapter 13 bankruptcy estate. This was the decision made by the U.S. District Court for the Middle District of Georgia. However, the lender is...
