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Bankruptcy

What role does an automatic stay have in bankruptcy?

The realization that you have more bills than money can be challenging and stressful. If there’s not a way to overcome the differences, you’ll need to figure out how to address the matter. One option is to file for bankruptcy.  When you owe money, creditors may opt to...

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Is debt straining your marriage?

While bankruptcy is not something you should rush into, holding off too long does not make sense either. One thing that could suffer if you do is your relationship with your spouse, if you have one. Surveys have shown that debt is one of the most commonly cited...

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How bankruptcy exemptions help protect your assets

Sometimes, unexpected circumstances could turn into tough financial situations. A sudden medical treatment, losing a job or a pile of bills could put you deep in debt without you realizing it. Going through a financial crisis, one could conclude that filing for...

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Why some might be hesitant to file for bankruptcy

When facing times of significant financial strain, many individuals may have questions about their options for relief and how to choose a path that aligns with their goals. While bankruptcy could help provide much-needed relief for those in need, some individuals in...

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Possible benefits of seeking debt relief via bankruptcy

The process of choosing a path with which to seek relief from the burdens of debt can be stressful and intimidating. While bankruptcy could be just the tool to help provide much-needed debt relief during times of financial strain, some may have reservations about...

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Seeking relief from the trials of medical debt

While some issues with monetary strain could stem from poor decision-making, certain types of financial challenges could prove nearly impossible to avoid at times. Medical debt is a type of issue that continues to affect many families and even a one-time trip to the...

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Credit card debt remains an issue for many consumers

Recent financial challenges stemming from issues such as inflation have continued to place a significant strain on the lives of many families. In some cases, individuals in Ohio who struggle to keep up with monetary obligations may even turn to lines of credit for aid...

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What is the automatic stay in bankruptcy?

Many individuals may feel that being subjected to constant collection attempts can be one of the most imposing aspects of dealing with debt concerns. Those who have questions about the best path to take to seek relief from the trials of debt and protection from...

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