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 … [Read more...] about What is the Automatic Stay? What is the Penalty for Creditors Who Violate It?
Ohio Laws
Ohio’s Homestead Exemption Protects Your House in Bankruptcy
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
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
What Happens If the Trustee Moves to Dismiss My Bankruptcy Case?
Last updated May 14, 2018. Under Chapter 7 bankruptcy law, the court may dismiss your case if it believes that relief is unwarranted based on your financial circumstances. 11 USC § 707(b)(1) reads: After notice and a hearing, … [Read more...] about What Happens If the Trustee Moves to Dismiss My Bankruptcy Case?
Can I get a Repossessed Car Back by Filing Bankruptcy?
Creditors must turn over property to the debtor as quickly as possible after learning that the debtor has filed for bankruptcy. In re Makowski, __ B.R. __ (Bankr. D. Alaska 2013) Cope Law Offices are located in Southern Ohio, … [Read more...] about Can I get a Repossessed Car Back by Filing Bankruptcy?