Ohio residents who are in serious debt and are dealing with debt collectors may have heard their creditors threaten to garnish their wages in order to obtain the money owed them. The truth is, wage garnishment is not a debt collection practice a creditor can use...
Month: December 2018
Bankruptcy: Entering retirement with debt can be stressful
As individuals in Ohio and elsewhere age, their financial priorities may change substantially. Those who are closing in on the golden years may feel it is imperative to cut down financial obligations prior to entering retirement, but reducing or eliminating debts...
3 options for small business bankruptcy
If you are the owner of a small business in the state of Ohio, you will know about the key challenges that small businesses face. Cash flow can be a big problem, and high interest rates of loans and overdrafts can mean that companies can get into a never-ending cycle...
Bankruptcy: Cutting down on holiday overspending
Many individuals in Ohio and elsewhere may have already begun purchasing gifts to for loved ones during upcoming holiday gatherings. While this is a time for celebration for many families, some consumers might be dreading the following month when they have to take...
High credit card balances may lead to issues with business debt
While some company owners in Ohio and elsewhere may have the necessary capital to fund all their business endeavors, others might need a little help from time to time. The need for financial aid has led many entrepreneurs to consider opening up a business credit card...