It can be scary and stressful to get creditors calling daily or sending letters in an effort to get their money. However, consumers do have options to help them resolve their debt issues. In some cases, creditors have a limited amount of time to initiate legal action...
Ohio residents may be aware that funds saved for retirement are protected when an individual files for a bankruptcy. However, the rules regarding monies in an inherited retirement account have been less clear. This ambiguity was addressed by the Supreme Court of the...
In 2011, 200,000 lawsuits were filed by debt collectors in New York in an attempt to resolve cases where borrowers had failed to pay an obligation. However, a Federal Trade Commission study has revealed that only 6 percent of creditors actually have documentation to...
Ohio residents who are faced with serious health problems may struggle under the burden of expensive medications. The issue can become even more frustrating as providers of medical insurance place a greater portion of prescription costs in the hands of consumers. The...
A common assumption about those who file for bankruptcy in Cuyahoga Falls may be that they just don’t have enough money to pay their debts. After all, how could one fall behind on one’s debt payments if he or she has a steady income coming in? However, the...
Many in Summit may question the reason why those who file for personal bankruptcy are said to be seeking bankruptcy “protection.” One may not be able to see exactly what sort of protection bankruptcy provides without having already been harassed by a...
Since the most recent economic recession, many homeowners in Cuyahoga Falls as well as in other parts of the country have experienced the financial pain that comes from being underwater with their homes. Fighting to keep one’s head above dangerous financial...
Medical debt remains among the most common types of debt plaguing citizens of Summit and throughout the rest of the country. The American healthcare system stands above all others in the world in terms of positive patient outcomes and advances in treatment methods....
When people start tossing the word “bankruptcy” around, most in Cuyahoga Falls may automatically think of large companies or corporations that are going under. While many of the more high-profile bankruptcy cases that garner media attention do center on...
Medical debt is quickly replacing all other forms of the debt as the primary source of financial struggles for families in Cuyahoga Falls and throughout the rest of the U.S. Many may wonder how is it that so many can be without health insurance in today’s...
