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It only makes sense that the first indoor shopping mall was built in a state known for extreme cold weather. As residents braced for yet another winter, the warm confines of Southdale Center opened its doors on October 8, 1956. Large retail outlets soon dotted the landscape nationwide as shoppers flocked to make all of their purchases under one roof.…
News stories, commentary in opinion columns and open debate throughout the county have frequently addressed the rising costs of healthcare. While the politics of health insurance and health coverage remain brisk – and often divisive – costs are not always manageable for people in the Cincinnati area. Staying healthy is not always something any of us can truly control. Even…
When Ohio consumers experience financial difficulties, they will likely explore their options to find remedies. While a bankruptcy filing may prevent foreclosure, a homeowner may be unsure of precisely when would be the most appropriate time to file. Should they file for bankruptcy in advance when they realize foreclosure is imminent, or should they wait until they receive advice that…
Credit card debt that rolls over from month to month accumulates rapidly. Filing for bankruptcy might eventually be the only way to get back on track. Ohio consumers may be interested in the findings of an economist at a university in another state. He found that credit card companies use psychology to get people to pay the minimum amounts. Researchers…
It has been eight years since the economy started to show signs of recovery after the financial crash. In recent months, financial analysts and media pundits have spoken of the rise in the stock market as a sign is increased financial security. The inflation rate has remained low at roughly 2 percent, according to USA Today. As the economy continues…
Unanticipated events such as the loss of a job or a medical emergency have caused financial difficulties for many Ohio consumers. When debt problems become overwhelming, researching possible remedies may be the first step to take. One of the options that usually provides a fresh start is bankruptcy, and learning about the different filing alternatives can help in deciding the…
A sporting goods distributor that has several stores in Ohio — some in Cincinnati — has announced its recent filing for Chapter 11 bankruptcy. It announced that liquidation sales would immediately commence at all 68 its stores nationwide. This came after the company was unable to reach agreements related to business debt in out-of-court negotiations. According to a spokesperson for…
Many individuals and married couples in Ohio carry significant balances on their credit cards. Often, consumers try to manage overwhelming medical bills, credit card payments and other forms unsecured debts by making the minimum monthly payments. If you can keep up with these payments without falling further in debt, all may be well. However, when minimum payments can no longer…
Unfortunately, anyone can experience financial difficulties. When an Ohio resident faces financial challenges that seem overwhelming, he or she might consider bankruptcy. However, if that person needs a car to earn a living, there may be a fear of losing it in bankruptcy. While Chapter 7 bankruptcy liquidates most assets, there are steps that a consumer can take to maintain…
With numerous incentives and bonuses available, many individuals in Ohio and elsewhere may have considered signing up for a store branded credit card. While the immediate discounts can be enticing at the time, similar lines of credit can carry high interest rates that could lead to financial troubles. Individuals who face monetary hardships due to credit card debts might find…