Ohio Bankruptcy, Dayton Bankruptcy
bankruptcy attorney in Dayton Ohio

Richard West Law Office Blog Content

Find A Bankruptcy Lawyer Near Me

November 24, 2016 | Posted in Filing Bankruptcy

Odds are, if you just put this term into your search engine and hit search, you are most likely enamored with different attorney websites stating roughly the same thing. It can be a daunting task to sift through the many attorneys specializing in bankruptcy in your state or city. How to find an Ohio bankruptcy […]

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Does the Bankruptcy Trustee Monitor My Bank Account?

November 22, 2016 | Posted in Bankrtuptcy Filing

When you file bankruptcy, whether it is a Chapter 7 or Chapter 13 filing, the bankruptcy trustee plays a big role in the process. Once you and your bankruptcy attorney in Cincinnati have filed a successful bankruptcy petition, the bankruptcy court assigns a bankruptcy trustee who will be charged with executing your estate. Trustee Responsibilities […]

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Medical Debt Rates Under The Affordable Care Act

November 17, 2016 | Posted in Medical Bills

A survey conducted in 2009 regarding the largest contributing factor among bankruptcy filings found that 62% of cases filed were rooted in medical debt problems. With the push to reform the healthcare system to provide better coverage to everyone, the Affordable Care Act sought to bring changes in 2010. Since then, the question remains: Has […]

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Bankruptcy: Debt Doesn’t Discriminate

November 15, 2016 | Posted in Debt

Some people hold the opinion that anyone in need of filing for bankruptcy is fiscally irresponsible. While we all tend to overspend from time to time, the truth is the majority of Americans are not “living outside of their means”. In fact, what is really going on these days is that our “means” have become […]

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The Post-Election Stock Market

November 11, 2016 | Posted in News

After a tumultuous week in U.S. news there has been much to say not only about the outcome of the election, but the state of our financial backbone. Many predicted a turbulent stock market as election night approached, and to little surprise the stock market has performed just as expected: a rollercoaster of percentages. The […]

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What is a liquidation bankruptcy?

November 3, 2016 | Posted in Chapter 7

Liquidation bankruptcy is one of several names for Chapter 7 bankruptcy in the United States. Chapter 7 bankruptcy is also sometimes referred to as straight or ordinary bankruptcy since it is the most commonly used type of bankruptcy in America. As the name implies, Chapter 7 bankruptcy involves the gathering and selling of the debtor’s […]

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What is the Ohio Bankruptcy Income Limit?

November 1, 2016 | Posted in Bankrtuptcy Filing

Since the new implementation of the 2005 bankruptcy law changes, any person filing a Chapter 7 bankruptcy must pass what is known as the “means test”. This test will compare your income to the median income level of Ohio to ensure that it is below that mark. If it is, then you will most likely […]

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Missed Payments on New Credit Cards is Increasing

October 27, 2016 | Posted in Credit

We all know that missing a credit card payment is bad. It can have negative effects on your credit score, leave blemishes on your credit report, and if missed long enough you can be sent to collections and even sued. Furthermore, the cost of the credit increases, and you’ll probably be hit with a late […]

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Are Payday loans a bad idea?

October 25, 2016 | Posted in Debt

Yes, payday loans are generally a bad idea that should be avoided at all costs. Here’s why: Payday loans are very costly with extremely high interest rates and very short payback periods that are designed to keep you coming back again and again to take out a new loan. Each and every year, millions of people […]

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Do I Need a Bankruptcy Attorney?

October 20, 2016 | Posted in Bankruptcy Attorney Questions

Yes, you need a bankruptcy attorney to file for Chapter 7, Chapter 11, or Chapter 13 bankruptcy. While you don’t HAVE to have legal representation, your chances in successfully obtaining a discharge of your debt on your own are very low. So low in fact, that the United States Courts HIGHLY recommend you obtain the […]

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