When facing periods of financial strain, many individuals in Ohio and elsewhere may turn to credit cards in their time of need. While similar lines of credit may provide immediate financial assistance, the relief may only be temporary. With average interests rates on...
Month: August 2018
Bankruptcy: Knowing the difference between good and bad debts
With studies indicating that the average household carries $38,000 in personal debt, many families in Ohio and elsewhere may be experiencing periods of financial hardship. While taking on certain amounts of debt may seem like a part of life, the subsequent monetary...
Bankruptcy: Changes proposed re student loans and undue hardships
The pursuit of a college education is a goal for many individuals in Ohio and across the nation. However, with the staggering costs of tuition, a similar endeavor has left many struggling to pay back student loans for extended periods. For those who experience...
Avoiding foreclosure through a lease-option or assumption
Ohio residents who are in danger of having their homes foreclosed will have various foreclosure prevention strategies available to them. In some cases, bankruptcy or simply renegotiating the terms of one's mortgage can help homeowners in this kind of situation.Two...
Seeking advice on how to keep business debt at a healthy level
For business owners in Ohio and across the nation, few scenarios may be as intimidating as dealing with significant amounts of debt. Unfortunately, when it comes to operating a business, taking on debts may seem like a necessary part of achieving success. As an owner,...
Bankruptcy: Waiting to pursue relief could prove detrimental
Many consumers in Ohio and elsewhere have experienced financial challenges that prompted a need to pursue relief. However, the stigma associated with certain avenues of relief, such as bankruptcy, could be leaving some uncertain about how best to deal with their...