There are many individuals who may put significant effort into planning and saving retirement. While individuals in Ohio who are approaching retirement might not want to let anything disrupt their plans for the golden years, this might not always be so simple. The...
Going through prolonged periods of monetary strain can be daunting and the strain of the situation could take a toll on various aspects of one’s life. While outlets such as bankruptcy might be just the path with which to help individuals in Ohio seek relief from the...
Bankruptcy filings may help people receive fresh financial starts by discharging or restructuring large amounts of debt. However, they also come with some costs and tradeoffs. Here is a rundown of the benefits of filing for bankruptcy and the important things to...
Anyone in Ohio facing insurmountable debt may benefit from filing for bankruptcy. Two types of consumer bankruptcy filings are available: Chapter 7 and Chapter 13. Here is a rundown of what both types of bankruptcy involve. Chapter 7 bankruptcy The Chapter 7 option is...
People in Ohio may refuse to pay their debts if they cannot stay on top of their bills. This is called defaulting. However, their lenders may still sue them for the amounts they owe or sell their loans to collection agencies. Bankruptcy may be the best option for...
A bankruptcy filing may make it harder for a person in Ohio to get a loan or credit card. However, securing personal loans following bankruptcy is still possible. Here are a couple of tips for qualifying for personal loans after bankruptcy. Navigating personal loans...
Filing for bankruptcy in Ohio may help an individual eliminate overwhelming debt, but his or her credit score might drop by 100 points or more due to the filing. This may make borrowing costlier and more difficult for several years. Fortunately, a couple of tools can...
Many business owners may feel that creating a strategy to help mitigate financial risks could be vital to preserving the interests of their endeavors. Unfortunately, issues with debt can arise under a multitude of situations and sometimes there might be little one can...
Sources of financial strain can arise under a variety of scenarios and dealing with the fallout of such issues can be stressful in nature. However, the stress of the situation might not be the only challenge involved, as there may be some scenarios in which debt could...
Those who struggle with significant amounts of debt may encounter various challenges that might leave them feeling strained to make ends meet. Those who fall behind on financial obligations may find that the situation could continue to grow out of hand and may...