For many individuals in Ohio and across the nation, debt may seem like a part of everyday life. A person may turn to lines of credit for assistance in a variety of scenarios, and the subsequent addition of debt might not always prove harmful to his or her overall...
Month: February 2018
I can’t pay my credit card bill. Will I go to jail?
The United States did away with debtors' prisons a long time ago. So the short answer to your question is, no, you will not go to prison if you fail to pay your credit card bill. That said, some not-so-nice things will happen to you and your financial situation if you...
Bankruptcy: Medical bills continue to be an issue for many
Due to the sudden nature of a medical emergency, planning and saving for a trip to the hospital can be a difficult task. With the extensive nature of the cost of treatment, many individuals in Ohio may view the idea of receiving a hospital bill with more apprehension...
Bankruptcy: Reducing credit card debts by seeking guidance
Although there are a multitude of circumstances in which an individual in Ohio could begin to experience monetary hardships, some tend to be more common than others. Recent studies suggest that individuals across the nation carry as much as $527 billion in total in...
Seeking assistance in preventing a home foreclosure
Many individuals in Ohio and elsewhere might approach the prospect of buying a home with nothing but excitement. However, this decision may also bring about financial responsibilities that could prove troublesome should one fall behind on payments. Facing a...
Bankruptcy: Reducing debt loads by seeking guidance
With the high interest rates on most credit cards, many individuals in Ohio have experienced the strain of financial struggles. Recent reports indicate that the average household pays amounts in excess of $900 a year in interest alone on revolving credit card...
