August 10, 2016 | WHEN IS THE RIGHT TIME TO FILE FOR BANKRUPTCY?
The benefit to filing for bankruptcy is the fresh start it provides to those that have gotten behind on important payments. However, simply being a little behind does not mean that you should file for bankruptcy. Making this claim involves significant thought and consideration about the potential outcomes. FILING FOR BANKRUPTCY SHOULD BE THE LAST RESORT The first step before choosing to file is to look at all your available options. Knowing what kinds of debt you have can help you develop a plan to remove the debt and understand how filing for bankruptcy canREAD MORE
July 22, 2016 | CAN I KEEP MY CAR IF I FILE BANKRUPTCY? WHAT ABOUT MY HOUSE?
The purpose of a bankruptcy filing is to get out of debt and allow the debtor (the person filing bankruptcy) to receive a fresh financial start. However, it does not necessarily mean that a debtor will need to start all over with no car and no house or other assets to his name. The Bankruptcy Code and the laws of the State of Ohio have built in protections that debtors can take advantage of in order to keep their assets, such as a car, a house, a retirement account, and even money in the bank.READ MORE