Last updated May 30, 2017. Whether or not you are personally liable for the debts of your business depends on two factors: the structure of the business that you own and; the contract you signed with your lender. As a … [Read more...] about Business Debt and Personal Liability: Who is Responsible?
“Foreclosure” is simply a term used to describe the legal process used by your mortgage company, or any other mortgage lender (such as a bank), to take possession of your home. A foreclosure is really just a lawsuit in which the … [Read more...] about Ohio Foreclosure Laws: What You Need to Know
Bankruptcy can help eliminate Visa bills that have spiraled out of control Yes, filing for bankruptcy is an effective way of eliminating credit card debt. If you've run large balances on a Visa card as a result of a job loss or … [Read more...] about My Visa bills are piling up, can bankruptcy help?
Last updated July 28, 2017. Yes, filing for bankruptcy will stop foreclosure in Ohio, or any other state for that matter, at least on a temporary basis. The minute a bankruptcy case is filed, an injunction known as the automatic … [Read more...] about Will Filing for Bankruptcy Stop Foreclosure in Ohio?
I see people every day. People with pride, work-ethic, and humility. Unfortunately, many of these people have fallen on hard times. They are distressed and worried about providing for their families. I met John and his wife … [Read more...] about A Story About Bankruptcy in Dayton, Ohio
The likelihood that property will be sold in bankruptcy. This is a misconception that every bankruptcy blog should and does cover. The consumer's biggest fear. "I will file for bankruptcy, but I'll be ruined!" "The trustee will … [Read more...] about What Happens if My Property is Sold in Bankruptcy?