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...
Month: February 2017
Explore the basics of bankruptcy before filing
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...
Business debt lead to sports distributor’s Chapter 11 filing
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...
Understanding bankruptcy and your credit score
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...
Chapter 7 bankruptcy: Will you lose your car?
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...
Business debt: The duties of a Chapter 11 bankruptcy trustee
When small business owners in Ohio go through difficult times, they may be looking at options to relieve the pressure and get back on track. Business debt can be overwhelming, and the appropriate step might be to seek professional advice. A Chapter 11 bankruptcy...
