Although reports show an overall decline in new foreclosures in the state, a homeowner in Hamilton County facing financial challenges might not be breathing a sigh of relief. Other reports put Ohio ahead of all other states number of homes taken by banks following...
Month: April 2015
Successful business debt negotiations concluded by Chapter 11
When a business finds itself having financial difficulties, one solution to resolving them is Chapter 11. A recent bankruptcy filing by an Ohio corporation that owns the Oneida and Anchor Hocking brands illustrates why business bankruptcy under Chapter 11 is referred...
Can creditors take everything I own if I default on payments?
Some Hamilton County, Ohio, residents live with the daily fear that their home, car or even their furniture and personal belongings will be taken away from them to satisfy a consumer debt on which they have defaulted. If you default on payments, your creditors have...
How should you choose a bankruptcy law firm?
You have been putting off the decision for as long as you can, looking for ways to avoid having to petition for bankruptcy. You have exhausted your finances, maxed out your credit, juggled your bills, perhaps even played hide-and-seek with collection agencies. But the...