A 2019 Bankrate survey found that sixty percent (60%) of American adults have loaned money to their children (https://www.bankrate.com/finance/credit-cards/lending-money-survey-2019/). Sadly, many reported the assistance to their child as having a negative impact, causing them to lose money, and even hurting…
The decision to file for bankruptcy is not an easy one. For most clients, it follows a long period of trying to make things work and dealing with the frustrating tactics of debt collectors. After months of collection calls, letters,…
Maybe you borrowed money from your grandfather. Maybe you have a personal reason that leads you to want to pay back all of your creditors even though you currently cannot. Maybe you have an outstanding bill with your favorite doctor and want…
Ohio’s Attorney General has made it clear: creditors cannot attach or seize your stimulus money. Ohio law protects certain assets from creditors’ claims. These are called “exemptions.” For example, you can have a certain amount of equity in your car…
I received a call today from a banker. His office is overwhelmed with phone calls from people who have been laid off in the past week, and who are facing the difficult situation of possibly not being able to make…
Once your creditor has filed the lawsuit, you have the right to defend the case and try to avoid having a judgment issued against you by the court. A judgment is a court order that says you owe the money…