Ohio Bankruptcy, Dayton Bankruptcy
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Richard West Law Office Blog Content

How to Prepare for Meeting of Creditors

December 21, 2017 | Posted in Bankruptcy

When you file for Chapter 7 bankruptcy in Ohio, you must attend a meeting of creditors, also known as a 341 creditors meeting. While your Dayton bankruptcy attorney will be able to accompany you to the meeting of creditors, it is you as the debtor that will have to answer the bankruptcy trustee’s questions. Although […]

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Holiday Spending Tips

December 19, 2017 | Posted in Money Management

A quarter of Americans will go into debt this holiday season by paying for food, decorations, and holiday gifts with credit cards. A recent report eluded that many people are still paying off last year’s holiday spending and many more will take as long as six months to pay off their holiday spending. We’ve put […]

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Ohio Bankruptcy Exemptions

December 5, 2017 | Posted in Bankruptcy

For those filing Ohio bankruptcy, you must use Ohio’s state bankruptcy exemptions; you cannot use the exemptions established by federal law. The good news is that Ohio offers a much more generous homestead exemption, an exemption you apply to your personal residence, at $136,925 versus the Federal exemption which covers only $23,675. Ohio also offers […]

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What is Credit Card Debt Consolidation?

November 30, 2017 | Posted in Debt

If you find yourself with multiple credit card balances, making individual payments on several bills every month, each with their own high interest rates, you may have considered a credit card consolidation. It’s important to remember that when you consolidate your credit card debt you are effectively taking out a new loan that could have […]

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Cumulus Media Inc. Files Chapter 11 Bankruptcy

November 28, 2017 | Posted in News

Media pundits and financial experts have been keeping a close eye on Cumulus Media Inc. over the last 18 to 24 months, with many of them predicting the ultimate bankruptcy of the media behemoth. This week, the Atlanta, GA based radio and broadcasting company fulfilled those prophecies by filing to reorganize under Chapter 11 bankruptcy […]

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Ohio Prepares for Highest Thanksgiving Travel Volume in 12 Years

November 21, 2017 | Posted in News

People all over America travel for the holiday season, and 2017 will be no different. What will be different is the number of people taking the roads, skies, and railways compared to recent years. An estimated 50.9 million Americans will be traveling more than 50 miles for Thanksgiving this year. That number will equate to […]

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Will Winn-Dixie be Forced to File Bankruptcy?

November 16, 2017 | Posted in News

The Winn-Dixie’s parent company, could be headed for bankruptcy according to new reports from Bloomberg and Grocery Headquarters. The company owns Winn-Dixie, as well as Harveys, Fresco y Mas, and the recently acquired Bi-Lo, which could pout as many as 50,000 jobs at risk. The company spent $150 million in a buyout of the Bi-Lo […]

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Tennis Champion Boris Becker Declares Bankruptcy

November 14, 2017 | Posted in News

49 year old Boris Becker has experienced the height of achievements that any sports professional could ever desire to obtain: six grand-slam tennis titles, five year-end championships, 13 Master Series titles, and even an Olympic gold medal in doubles tennis. The German born tennis champion Boris Becker reportedly amassed a whopping $63 million in prize […]

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Ohio State University Takes Steps to Lower Student Debt

November 8, 2017 | Posted in Student loans

With American Student Debt reaching a monumental $1.45 trillion this year, spread over roughly 44 million borrowers, elected officials and University officials around the country have been working to come up solutions that will make college education affordable and not burden graduates with unmanageable debt. This week, the Board of Trustees at The Ohio State […]

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