How to get a fresh financial start after bankruptcy Like many Ohio residents, you may be struggling to pay your bills. You may feel burdened by the weight of your financial debts and live in fear that it will take a lifetime to pay them off. We here at [nap_names...
Chapter 7 Bankruptcy
What can I expect from a Chapter 7 creditor meeting?
It is natural if you are feeling nervous about your upcoming meeting with your creditors in Ohio. However, you should realize that your meeting with your Chapter 7 bankruptcy trustee and your creditors is not complicated and proper preparation can help ensure that the...
Use caution when applying for credit cards
Credit cards can either be helpful for harmful when it comes to credit scores. While having open credit can be beneficial on your credit report, high interest rates and charges can make it difficult to keep up with overwhelming credit card payments. This can lead to...
What happens to stock after Chapter 7 bankruptcy?
If you were running a public company in Ohio, you would probably be a major stockholder. A bankruptcy you used to get relief from organizational debt would typically take one of two courses: restructuring or liquidation. The second type, liquidation, is covered...
How the bankruptcy means test determines Chapter 7 eligibility
As an Ohio resident who is looking to regain control over your finances, you may be wondering whether filing for bankruptcy may help give you the fresh start you desperately need. You may, too, be familiar with the various types of personal bankruptcies, including...
Simplifying the Chapter 7 process
For many people, the idea of filing for bankruptcy may seem intimidating for various reasons. From experiencing stress in the courtroom to worries about being judged by others and uncertainty about how a bankruptcy filing will affect one's future, there are many...
What will the trustee ask you at the 341 meeting?
One of the things you'll have to do as a part of the bankruptcy process in Ohio is attending a meeting of creditors. Sitting down with your creditors may sound stressful, but in reality, creditors rarely attend the meetings. The primary focus of the meeting will be...
Should I reaffirm the loan on my car?
From the moment you began to consider filing a Chapter 7 bankruptcy in Ohio, you have had reservations because you worry about losing your transportation. Right now, you have a nice car, although you do have a loan and payment. The vehicle is not eligible as an...
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...
Watch for these signs of a debt relief scam
Even when struggling with overwhelming debt, some people in Ohio may be hesitant to file for Chapter 7 bankruptcy until they have exhausted all other options. In doing some research, they may have come across many websites that seem to have viable solutions. However,...