Using Ohio Bankruptcy Exemptions Bankruptcy exemptions allow you to prevent certain amounts of your property from being sold off in order to satisfy your debts. Under Ohio bankruptcy law, the “wildcard” exemption allows you to … [Read more...] about Debtor Uses Ohio Bankruptcy Exemptions Strategically to Protect Real Estate
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Intentions Matter When Filing Bankruptcy in Ohio
In re Weixel, 2013 WL 3243563 (U.S. Bankr. App. Ct. 6th Cir. 2013) General rule: intentions matter when filing bankruptcy in Ohio, courts will give increased scrutiny to cases that appear to have been filed in bad faith. It’s … [Read more...] about Intentions Matter When Filing Bankruptcy in Ohio
Why Can My Bankruptcy Discharge Be Denied in Ohio?
In re Johnson 387 B.R. 728 (S.D. Ohio 2008) Two for the Money: Embezzlement and Bankruptcy General rule: Fraud is one of the most common reasons the court will deny a bankruptcy discharge, however, failure to keep accurate … [Read more...] about Why Can My Bankruptcy Discharge Be Denied in Ohio?
Will My Ohio Chapter 13 Bankruptcy Be Approved? The Lesson of In re Lofty
Living Paying for the Dream: In re Lofty, 437 BR 578 (S.D. Ohio 2010) What does it mean to act in “good faith?” When evaluating whether to approve Chapter 13 bankruptcy plans, the court is forced to answer this question. Does it … [Read more...] about Will My Ohio Chapter 13 Bankruptcy Be Approved? The Lesson of In re Lofty
Absent Bad Faith, Credit Card Debt Can be Discharged in Chapter 13 Bankruptcy
Do You Pay Back All of Your Credit Card Debt in Chapter 13 Bankruptcy? Many bankruptcy filers have a significant amount of credit card debt on their hands. Accordingly, one thing many Chapter 13 filers want to know is whether … [Read more...] about Absent Bad Faith, Credit Card Debt Can be Discharged in Chapter 13 Bankruptcy
Does the Automatic Stay Protect Non-Filing Corporations?
In re Saleh (OH) – In re Saleh, 427 B.R. 415 (S.D. Ohio, 2010) Ali owned and operated a grocery store in Dayton, Ohio, and enjoyed reasonable success. The business was profitable and supported him and his family for many years. … [Read more...] about Does the Automatic Stay Protect Non-Filing Corporations?