The purpose of bankruptcy is to give you a fresh start after finding yourself in a bad financial position. However, no one wants to file bankruptcy. Even as a Troy, Ohio Bankruptcy attorney, each case is initially approached asking the question, “Is bankruptcy really the best option for this client?” The ability to erase debt is not […]
Some people worry that filing for bankruptcy means that they will lose everything that they own, including their homes. In Ohio, certain types of property are exempt from inclusion in the bankruptcy estate. Among those exemptions is the state’s homestead exemption, which allows debtors to exclude up to $132,900 of their principal residence’s equity. What […]
Yes, you can file for bankruptcy without an attorney, but is that something you really want to do? You have probably heard the old proverb, “He who is his own lawyer has a fool for a client.” While this saying can come across as a bit rude and harsh, it has stood the test of time […]
Has an unknown company informed you that they now own your credit account and are demanding payment? Once a bank or credit company has unsuccessfully attempted to collect a debt, many will sell the account to a debt buyer. This new company is not a debt collection agency, but actually owns your account outright. The debt buyer can now use […]