Buying a Car after Bankruptcy

Personal bankruptcy is meant as a way to help people manage debt that has become overwhelming.  This can happen for so many different reasons.  In the aftermath of filing for bankruptcy, most individuals are required to go through classes on managing finances, and most people work hard to never enter bankruptcy again.  Although it is possible to file more than …Read the Full Article

Ohio Public Benefit Exemption for Bankruptcy

The state of Ohio provides some special exemptions to normal Chapter 7 bankruptcy procedures that can help debtors receiving public benefits. These exemptions help cover the variety of income sources a person may collect from if they are eligible to receive assistance. Considering that these forms of public benefit income can prove crucial for a person’s financial stability, the state …Read the Full Article

Tips for Discussing Bankruptcy

Financial instability can be an extremely difficult and stressful time in your life. Not knowing whether or not you can pay your car payment or mortgage can affect every part of your life from your personal relationships to your ability to complete your job. Fortunately, you do have options and people you can turn to during this trying time. Bankruptcy …Read the Full Article

Bankruptcy Petition

At some point in every person’s life, he or she will face some form of financial difficulty or instability. In the wake of the recent recession, over 1.5 million people and businesses filed for bankruptcy in the year 2010. With unemployment hovering just above nine percent, many people are having difficulty making monthly payments on credit card bills, car payments, …Read the Full Article

Bankruptcy and Discrimination at the Workplace

Facing financial difficulty can be an extremely trying and difficult time in your life. Many people are in such a great amount of debt that they feel like there is no way out. If you have piles of unpaid bills or are getting harassed on a daily basis from creditors, you may want to consider filing for bankruptcy to liquidate …Read the Full Article

Bankruptcy Mistakes

When you are facing financial uncertainty, every day can be a struggle. You may have creditors calling you all day long at your home or office, and the stacks of bills around your house may be getting out of control. If you are struggling to make payments on your bills, you may want to consider filing for bankruptcy to liquidate …Read the Full Article

What is Liquidation?

Liquidation can be a very daunting word to hear for business owners because it typically means the business is going under. The term liquidation is a way for businesses to sell off its assets in order to recover all available cash before closing the business for good. This strategy is typically used and associated with Chapter 7 bankruptcy. Successfully and …Read the Full Article