While it may be difficult to believe, it’s almost been a decade since the downturn in the housing market. Things are looking much different than they did when the recession was at its lowest point. Homeownership is something that many people can finally become part of again. That is, unless you filed for bankruptcy, right? Actually, that’s not the case…
Earlier this year, Forbes released a report that contained some troubling statistics about the precarious financial situation that many Americans today find themselves in. According to Forbes, an estimated 54 percent of U.S. adults “have less than $1,000” in their bank accounts and are essentially living paycheck to paycheck. At some point or another, many Cincinnati residents will face financial…
“Bankruptcy.” The word alone may send shivers down your spine. No one wants to go through bankruptcy, but sometimes, it is essential to a person’s livelihood and well-being. But why does bankruptcy make people cringe? Why does the thought of declaring bankruptcy immediately make people fear what their life will be like after the bankruptcy? Part of this fear is the concept…