Chapter 11 bankruptcy presents businesses in Ohio and elsewhere with a unique opportunity to rebalance their assets and reorganize their debts. Like other types of bankruptcy, Chapter 11 also allows businesses the chance for a fresh start. However, filing for Chapter...
Month: May 2014
Can a neighborhood foreclosure lead to high blood pressure?
Many Ohio real estate specialists will tell you that having a foreclosure in your neighborhood can drive down the selling price of the rest of the homes on your block. But the effect may be more than financial. A recent study published by a journal of the American...
Despite economy’s recovery, many Americans are buried in debt
Although the economy seems to be improving, many families in Cincinnati are still struggling. Many households are still attempting to recover from a stint of unemployment, and this often means struggling to get on top of bills that have gone into debt collection. For...
Can creditors really do that? The realities of debt collections
Many people in Cincinnati and throughout Ohio live in constant fear of the next ring of their telephone because they worry that on the other end of phone there might be a creditor ready to harass them about why they have not made their payments. As an author of a book...
Cincinnati foreclosure report gives reasons for hope, concern
A nonprofit’s annual study of foreclosures in Cincinnati and Hamilton County found reason for homeowners to feel hopeful, as well as continuing cause for concern. The number of foreclosure sales in 2013 was down 17.5 percent. Twenty-four percent fewer foreclosure...
