Last updated Oct. 31, 2018. According to the U.S. Small Business Administration, in 2015 there were nearly 30 million small businesses operating in the United States. For various tax, legal, and financial reasons, the owners of … [Read more...] about Should My Corporation or LLC File for Chapter 7 Bankruptcy?
Can I Keep My House in Ohio and File Bankruptcy?
Last updated Feb. 26, 2018. Your home is one of your largest assets. Your mortgage is probably the largest loan you’ll ever take out. If you’re struggling to pay your bills, it’s also probably your biggest worry. Bankruptcy … [Read more...] about Can I Keep My House in Ohio and File Bankruptcy?
Ohio Bankruptcy Means Test for Chapter 7
Last updated July 31, 2018. When you're struggling with debt and don't know where to turn, it's time to consider filing for bankruptcy. Bankruptcy still seems somewhat taboo in the modern world, but the reality is that millions … [Read more...] about Ohio Bankruptcy Means Test for Chapter 7
Bankruptcy and Divorce: What You Need to Know
Last updated Feb. 26, 2018. When it comes to marriages, few things have the magnetic ability to drag down a relationship like the gravitational pull of debt. Given that debt is a major contributor to marital disenchantment, it … [Read more...] about Bankruptcy and Divorce: What You Need to Know
How Are Judgment Debts Due to Injury Treated in Bankruptcy?
Rule: Judgment debts incurred by defalcation of a guardian are non-dischargeable in bankruptcy, as are judgment debts for willful and malicious injury. At the end of a successful bankruptcy process, your unsecured debts are … [Read more...] about How Are Judgment Debts Due to Injury Treated in Bankruptcy?
Filing Bankruptcy Won’t Get You Out of Jail For Delinquent Child Support
Civil Lawsuits and the Automatic Stay The automatic stay goes into effect when you file for bankruptcy and prevents creditors from pursuing action against your property in an attempt to collect debts. It also stops all civil … [Read more...] about Filing Bankruptcy Won’t Get You Out of Jail For Delinquent Child Support