Chapter 7 bankruptcy offers debtors serious relief. In a chapter 7 bankruptcy, you surrender non-exempt property to the court. That property is sold and used to pay your creditors. The rest of your unsecured debts are then … [Read more...] about Chapter 7 Means Test 2015
Ohio Bankruptcy Exemptions
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 … [Read more...] about The Big Ohio Bankruptcy List
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 … [Read more...] about Do I Have To Include All My Property In Bankruptcy In Ohio?
Last year, the average sale price of a home in Ohio was about $135,000. The median household income was around $47,000. That discrepancy means that a cash purchase is not an option for many people. While the number of cash … [Read more...] about Mortgage Modification in Ohio
Historically, a creditor could take everything you owned in payment of your debt. In the Middle Ages and before, creditors could even take possession of the children of a debtor or the debtor himself if he couldn’t pay. Today, … [Read more...] about Ohio’s Homestead Exemption Protects Your House in 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?