Helping You Get Peace Of Mind And Start Fresh Is Our Priority

Year: 2016

Debts That May Not Be Dischargeable Under Chapter 7

For many debtors, the weight of their debt can grow beyond what they are able to handle. Sometimes, filing a bankruptcy petition can be the most viable solution to their problems. Bankruptcies all have different positives and negatives, making it necessary to fully understand what each form of bankruptcy will or will not discharge. Chapter 7 bankruptcies are an excellent…

read more

Unfair Collections Tactics Should Not Be Tolerated

Debt is one of the true horrors of the modern world. As we become more unavoidably connected, personal debt takes on an eternal life that makes it almost impossible to outrun, even legitimately. As debt moves from one creditor to a second and third and so on, the context of the original debt becomes lost, leaving only raw information in…

read more

How Can You Deal With Overwhelming Credit Card Debt?

Credit cards can be useful for the average Ohio consumer, but when the balance becomes unmanageable, this can eventually snowball into a serious financial problem. Credit card debt is one of the most common types of debt because many people use their cards when cash flow is limited, or they depend on credit in the event of an emergency. If…

read more

Attorney Suffers Stroke During Bankruptcy Procedure

On of the many advantages of employing a bankruptcy procedure is the ability of the courts to discharge a debtor’s debts under exceptionally difficult circumstances that are deemed beyond the control of the debtor. This component of bankruptcy is referred to as a hardship discharge. Just such a circumstance was demonstrated recently in a surprisingly literal manner when an attorney…

read more

How Much Do You Know About Bankruptcy? Take The Test!

For over 30 years Robert Goering has been teaching the Bankruptcy Law Class at Chase College of Law. This is part of the 2016 exam that was recently administered covering Bankruptcy Law. Test your knowledge… a. You can file Chapter 7 every ______ years. b. A Chapter 7 Trustee finds assets to administrate in almost every Chapter 7 bankruptcy case?…

read more

Bankruptcy Does Not Have To Be Emotionally Devastating

Bankruptcy is not a procedure to be taken lightly, and those who choose to employ it will almost certainly pay an emotional toll. The good news is that proper preparation can help you to make the most of a bankruptcy procedure and healthfully deal with many of the issues that arise before they can take a heavy toll. The reality…

read more

What Happens After Bankruptcy?

There are many misconceptions about the bankruptcy process, and these ill-informed opinions are a large reason why people refrain from seeking much-needed relief through bankruptcy protection. You may not know a lot about bankruptcy, but for many people facing overwhelming debt, it is a reasonable, beneficial choice. If you are considering this step, you may be wondering about what will…

read more

For-Profit College Files For Chapter 7 Bankruptcy

Bankruptcy is certainly not limited to individuals, as one for-profit college with a branch in Ohio recently demonstrated. Although the college had operated for 30 years, the changing landscape of education forced the establishment to close it’s doors and file for a Chapter 7 bankruptcy. Like any bankruptcy, there will be some fallout, as more than a thousand students are…

read more

Signs Of A Credit Repair Scam

If you are overwhelmed by debt, you may be weighing the advantages and disadvantages of filing for bankruptcy or maybe seeking the help of one of the many businesses that purport to repair your credit. This is an important decision, one which may determine many things about how you go about your life for many years. Unfortunately, many credit repair…

read more

Will I Ruin My Credit Score If I File For Bankruptcy?

How Bankruptcy Affects Credit Score Many people in Ohio and elsewhere who are struggling with overwhelming debt may have considered filing for bankruptcy to find relief. However, bankruptcy has a stigma attached to it that may prevent people from filing simply because they worry about what will happen to their credit scores. While your credit score will certainly take a…

read more