Making the choice to file bankruptcy may only come after you exhaust other options. When you do decide, you may wonder what will happen to your business. You may not have to liquidate your business even if you file for bankruptcy. Doing so under Chapter 13 or 11 may...
Personal Bankruptcy
Instead of paying off debts with your retirement money…
There are few things worse than seeing your debt rise after retirement. You might think you're too old to rejoin the workforce or worry you won't get hired even if you did apply. Whatever the reason, it's important not to make this major mistake: paying off your debts...
Love and borrowing: Four tips on borrowing money to family members
Family members love each other and want to support one another through tough times both emotionally and financially. A perilous situation can arise, however, when a family member borrows money to a loved one facing significant debt and, potentially, bankruptcy. If you...
Sadly, debt-relief industry is replete with fraudulent actors
In bygone years, you might have been an enigma on your block if you related to your neighbors and acquaintances that someone who made representations to you on the phone or through the mail turned out to be a scam artist intent on somehow defrauding you. Sadly, and as...
Ohio residents may worry about bankruptcy and credit scores
Many Ohio residents may feel as if bankruptcy may not be right for them because they have heard that filing will negatively affect credit scores. While it is true that bankruptcy will have an effect on such scores, that reason alone may not be worth disregarding this...
Forbearance could affect bankruptcy filings in Ohio
When considering debt relief options, there may be many aspects of an Ohio resident's financial state to consider. For instance, if an individual has entered into forbearance -- a deferred payment plan -- with a lender, that plan could affect a person's debt...
Ohio residents considering bankruptcy are not alone
When Ohio residents are considering filing for bankruptcy, they may feel as if they are alone in their financial struggles. Some may even think that their situation is one to be ashamed of and that the majority of others are able to contend with their finances without...
Celeb couples are not immune to financial trouble, bankruptcy
Even celebrities are not immune to financial difficulties. As a result, these individuals could easily find themselves seeking help for substantial debt that they have accumulated. Bankruptcy is an option that many individuals opt to utilize in order to get their...
Bankruptcy could lead to less stress in Ohio
When individuals are suffering from considerable debt issues, they may feel as if they are on their own. Because financial complications can lead to various other problems, including emotional challenges, those feelings may become overwhelming as well. Luckily, Ohio...
Bankruptcy may be in some Ohio residents’ best interests
Feeling judged for any action could be a difficult situation for Ohio residents. Such circumstances could be even more damaging if the action could potentially help a person's financial state. Many individuals may know that filing for bankruptcy is frowned...