You've probably heard the homestead exemption and other property exemptions described as "bankruptcy exemptions." While these exemptions are applied in Ohio bankruptcy cases, they weren't created just for bankruptcy. State law … [Read more...] about Ohio Homestead Exemption in Bankruptcy
Bankruptcy exemptions: can a trustee or one of my creditors object?
Can a trustee or creditor object to an exemption? When you file for Chapter 7 bankruptcy, or “straight bankruptcy”, the bankruptcy trustee evaluates all of your assets to see whether there is anything that can be used to pay back … [Read more...] about Bankruptcy exemptions: can a trustee or one of my creditors object?
Drunk Driving Debts Can’t be Discharged in Bankruptcy
Last updated Nov. 30, 2018. Filing for bankruptcy lets you start over with a clean financial slate. Debt collectors’ and creditors’ phone calls, lawsuits, foreclosures, and repossessions stop when you file, and the court steps … [Read more...] about Drunk Driving Debts Can’t be Discharged in Bankruptcy
Will I be able to get credit after bankruptcy?
Last updated Nov. 30, 2018. You probably already know that bankruptcy shows up on your credit report, and has the potential to bring your score down. Many people lose 200-300 points from their credit score after filing for … [Read more...] about Will I be able to get credit after bankruptcy?
Potential Obstacles to the Bankruptcy Discharge
Last updated August 22, 2018. Obstacles to Bankruptcy Discharge Are you considering filing for bankruptcy? Bankruptcy can stop creditors from foreclosing on your home, repossessing your property, and suing you for past due … [Read more...] about Potential Obstacles to the Bankruptcy Discharge