Filing for bankruptcy can feel overwhelming, especially if you are worried about your assets. Fortunately, there are rules that allow you to keep essential possessions even after filing. If you're considering bankruptcy in Ohio, it's crucial to know about the...
Facing financial difficulties during retirement should never mean sacrificing your golden years. Ohio's bankruptcy laws offer special protections for seniors. Understanding these rules can help you make smart choices for your future. Understanding your protected...
The repayment plan is the cornerstone of a Chapter 13 bankruptcy. It provides a structured approach to debt repayment, outlining the amount you need to pay to the trustee and how often. It also specifies how the trustee will distribute the payments to the creditors....
Facing financial hardship? Chapter 7 bankruptcy might be an option. However, before filing for this type of bankruptcy, it's important to understand how it works. This process has specific steps and eligibility requirements. Here’s what you need to know. What exactly...
If you live in your car and face bankruptcy, there is a chance that you worry about losing your primary residence. The good news is that Ohio law provides exemptions to protect your vehicle. But how do these exemptions work, and what are their limitations? Can living...
Cincinnati business owners must stay informed about recent changes to Ohio's commercial lease laws, especially when facing financial challenges. In early 2023, Ohio modified how it manages lease disputes in bankruptcy cases. These updates strive to create a fair...
Filing for personal bankruptcy can be daunting. The stigma associated with bankruptcy can cause shame and guilt, making it difficult to cope with the emotional impact. If you are considering filing for personal bankruptcy, you are likely wondering how to navigate the...
As a business owner facing bankruptcy, you are worried about your existing contracts. These agreements represent more than just business transactions. They are commitments you have worked hard to establish. Now, as you navigate financial distress, you are probably...
For many Americans, owning a car is a necessity. So, when considering filing for bankruptcy due to financial hardships, it is only fitting to worry about whether this action might prevent you from purchasing a vehicle. The good news is that bankruptcy does not...
As an Ohio farmer, you face unique financial challenges. Crop prices change, and the weather is unpredictable. When debts pile up, you might think personal bankruptcy is your only choice. However, you have other options, including Chapter 12 bankruptcy and debt...