The mortgage market is a sensitive and complicated system. It reacts to any number of factors, including interest rates, housing purchases, and general economic outlook. It’s been in turmoil since the 2008 crisis and is still in the process of finding a new equilibrium. Last week was particularly tumultuous. What does all this turbulence mean… Read more »
Posts Categorized: Chapter 13
Defending Your Home Against Foreclosure In Ohio
Last updated August 22, 2018. You’re behind on your mortgage payments. It happens – maybe you got sick, maybe you lost your job, maybe you just fell behind. Receiving a foreclosure notice can be overwhelming, but you should know that you have options. You may be able to defend against the foreclosure and keep your… Read more »
The Big Ohio Bankruptcy List
Last updated Aug. 31, 2017. If you’re considering filing for bankruptcy, if you’re struggling with debt and wondering what your options are, or if you’re just curious about the bankruptcy process and rules in Ohio, then you’ve come to the right place. We’ve put together a list of everything you need to know about bankruptcy… Read more »
What’s more dangerous: credit card or mortgage debt?
If you’re struggling to make ends meet, you may be facing tough choices. Pay the mortgage or pay the credit card bill? When making that decision, consider how each of these debts is treated in bankruptcy. In the United States, the federal bankruptcy laws are set up to allow debtors a fresh start. Accordingly, there… Read more »
Getting a Mortgage After Bankruptcy in Ohio
Last updated Oct. 30, 2017. You probably already know that filing for bankruptcy is going to affect your credit score. Most people emerge from bankruptcy with a credit score in the range of 500 out of a possible 850. Your credit score affects your ability to borrow and the rate you’ll be able to get…. Read more »
Do I Have To Include All My Property In Bankruptcy In Ohio?
The simple answer to whether you have to include all of your property in bankruptcy in Ohio, or in any other state, is yes. Many people, though, do not want to include some of their property, such as a car or a house. If you’re current on a loan, but behind in other debts, do… Read more »
Will My Children Be Left with My Debts If I Die?
Last updated March 29, 2018. When a family member dies, there are often many tasks that need to be performed to put all of the deceased’s affairs in order. There may be a will to file with a probate court; there may be property to dispose of, bank accounts and charitable donations to take care… Read more »
Help! Creditors are Calling My Mom!
Last updated Oct. 30, 2017. It’s no secret — when you’ve fallen behind on a debt, the gloves come off. Creditors will go to great lengths trying to collect on past-due accounts. Collection phone calls to relatives and friends are not uncommon and only add to an already stressful situation. Especially if your parents are… Read more »
What is the Automatic Stay? What is the Penalty for Creditors Who Violate It?
Last updated Aug. 31, 2017. Bankruptcy is designed to help you get back on sound financial footing. That can’t happen if you still have to worry about creditors garnishing your wages or foreclosing on your home. So, bankruptcy comes with some serious protection against creditors trying to collect. The automatic stay is the most important… Read more »
Can a Creditor Contact Me After I Hire a Lawyer?
Last updated Sept. 26, 2017. First, let’s make a distinction between creditors and debt collectors, because they have to follow different rules under different laws. Your creditor is the person or party to whom you owe the debt. It’s most often a bank, a credit card company, or a medical service provider. When creditors can’t… Read more »
About Russ Cope
Russ B. Cope is dedicated to legal standards that go far beyond filing cases — he is interested in your goals. Russ wants to be certain that each client is making an informed decision that will make their life better, and thrives on the interaction between lawyer and client.
