Ohio Bankruptcy, Dayton Bankruptcy
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Monthly Archives: May 2013

Your Credit After Bankruptcy

May 31, 2013 | Posted in Credit

Contrary to popular belief, filing for bankruptcy does not damage your credit. Missed payments, high balances and delinquent account standings damage your credit. While your bankruptcy case draws to a close you will have credit repair to do, but the good news is that bankruptcy gave you a clean slate to rewrite your history. Credit […]

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Qualifying For Chapter 7

May 29, 2013 | Posted in Chapter 7

Filing for bankruptcy is a way to get out from under your debts and regain control over your financial future. Although there are two types of personal bankruptcy cases, some people prefer the debt relief that Chapter 7 bankruptcy can offer. However, not everyone will qualify. Chapter 7 Criteria The U.S. Bankruptcy Code has specific […]

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Comedian Sinbad Files For Bankruptcy

May 27, 2013 | Posted in News

Although his rise to fame wore out by the end of the 1990’s, Sinbad had a lucrative career in comedy and television. Even as a recent published author, Sinbad admits his financial problems haven’t been the result of extravagant living; rather, he is another victim of the turbulent economy. Acting Accordingly Reportedly owing near $11 […]

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Your Bankruptcy Timeline

May 24, 2013 | Posted in Bankruptcy

Filing for bankruptcy can be a sound financial decision when hardship strikes and debts become unbearable. While the process towards debt relief isn’t meant to be complicated, there are some things you should know about the timing of your case in order to ensure the best outcome. Time Matters One of the first considerations in your bankruptcy […]

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Summer Credit Concerns

May 22, 2013 | Posted in Credit

As the summer approaches the temperatures start to rise and, unfortunately, so does the credit card bill. For many families getting by financially, the annual summer vacation is often accompanied by an increase in credit debt. In order to avoid racking up more credit card debt this summer, follow a few simple tricks: Play locally […]

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How You Benefit In Chapter 13

May 20, 2013 | Posted in Chapter 13

There are two options for debtors seeking debt relief in bankruptcy, Chapter 7 and Chapter 13. While both can offer the benefit of financial freedom, each comes with its own considerations and benefits. Although Chapter 7 is the most commonly sought after form of bankruptcy, Chapter 13 could actually be more beneficial. Here is why: […]

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Basics Of The Bankruptcy Process

May 17, 2013 | Posted in Bankruptcy

If you have considered filing for bankruptcy you may be wondering what you can expect. While the process isn’t meant to be intimidating, there are some specific guidelines that you will need to follow. While you will be required to participate in the process understanding what to expect is the best way to achieve a […]

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Deciding On Debt Relief

May 15, 2013 | Posted in Debt

For anyone dealing with mounting debts the decision to take action isn’t as easy as you might think. Which option is best? How will assets be affected? Will there be any challenges in future credit? All of these are valid questions that should be asked before deciding on any debt relief strategy. Here is why: […]

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Oreck Vacuum Company Files For Bankruptcy

May 13, 2013 | Posted in News

The turbulent economy in has challenged businesses big and small in recent years. While some haven’t made their way out of a bleak financial future, others have fared quite well with the help of debt reorganization. In efforts to protect future operations, the operator of Oreck vacuums has filed for Chapter 11. Dusty Debts The […]

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Fighting Foreclosure In Ohio

May 8, 2013 | Posted in Foreclosure

For anyone facing foreclosure, the stress of the process can be overwhelming. Even worse is that some states have foreclosure laws that allow lenders to initiate and complete the process in a little as 45 days. Even though Ohio is not one state that carries such laws, residents may still face a time crunch when […]

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