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Meeting customer expectations is a primary objective for any business. A retail chain that became popular by offering stylish women’s apparel and clothing recently discovered this fact firsthand. In recent years, Dots LLC changed its merchandise offerings from chic clothing to youthful fad pieces. This caused their most important demographic, young career-oriented women who wanted to look fashionable both in…
After several years of record-setting foreclosure rates in Ohio, the rates dropped in 2013 as compared to previous years, according to a news report. Even though that sounds like good news, Ohio does still rank fifth in the country in the rate of foreclosures. In 2013, one of every 65 properties in Ohio was involved in the foreclosure process at…
In the wake of the housing market crash, mortgage lenders have gotten a bad reputation for improper and rushed foreclosures that violate the rights of homeowners. In a case that is currently before the Ohio Supreme Court, a bank has filed a foreclosure action against an Ohio couple before the bank even held the mortgage. The couple reportedly had a mortgage with…
Foreclosure has been an overriding concern for many homeowners since the housing bubble burst in 2007. According to housing analyst data, Ohio has been listed as one of the states with the greatest percentage of deeply underwater foreclosures occurring. Fortunately, these foreclosures appeared to have been declining in December as we are seeing more homes described as being rich in…
A debt collection firm named Aeon Financial foreclosed upon more than 400 properties in Cuyahoga County, the largest county in Ohio. The company also apparently had purchased a number of liens in other states across the country as well. Yet what is truly unusual about these circumstances is the fact that Aeon information lists no owners or company website. Its…
According to recently released data, bankruptcy is getting less common in the United States. The data firm Epiq Systems Inc. reported that the total number of bankruptcy filings in the country declined by about 13 percent in 2013 to the lowest level since 2007. Experts say there are a couple of reasons bankruptcy filings have been on the decline since…
The leading cause of debt in America is currently student loan debt, totaling around $1 trillion. While medical debt may be rising in the ranks, credit card debt remains the second largest debt total. This total lands around $800 billion in credit card debt held by consumers in Cincinnati and across the United States. Holidays, especially from the time between…
A uranium-enrichment company named USEC Inc. that is planning on filing for Chapter 11 bankruptcy is also building the American Centrifuge plant in Ohio. The plant is intended to replace another out-of-state facility. As is the case with so many of business bankruptcy filings, this one is particularly complex. USEC stated that the Chapter 11 filing will not affect its…
For burdened debtors, abusive debt collection can be a nightmare. Or, if not a nightmare, then at least what wakes them up from a nightmare. Calling in the middle of the night is one of many cases of abuse aggressive debt collectors engage in. Unfortunately, the law governing debt collection is outdated and does not address the many abuses debtors…
We all age in different ways. One 85-year-old man runs marathons while another is wheelchair-bound due primarily to the inevitable aging of his body. But no matter how we age, it tends to be an unavoidable truth that we require more medical care as we advance significantly into our elderly years. It is of little surprise then that both the…