Question 1. What is Chapter 7 bankruptcy, and how does it work in Ohio? Chapter 7 bankruptcy—also called a “fresh start bankruptcy”—is a legal process that allows individuals to eliminate most unsecured debts, such as credit cards, medical bills, and personal loans. In Ohio, once you file, an automatic stay immediately stops creditor actions, including [...]
The holidays should be a time of joy, celebration, and togetherness — but for many Ohio families, they bring an extra layer of stress. Mounting bills, rising interest rates, and the high cost of living can make even basic expenses feel overwhelming. If you live in Cincinnati, Dayton, Columbus, or the surrounding areas and you’re [...]
That sinking feeling in your stomach is all too real. You opened your mail and found a "Notice of Garnishment," or worse, you just looked at your paycheck and a huge chunk of your hard-earned money is simply... gone. A wage garnishment is one of the most aggressive and humiliating collection tools a creditor can [...]
For many Ohio families, the fear of losing their home is the single most overwhelming part of considering bankruptcy. Mortgage payments that once seemed manageable can quickly become impossible after a job loss, illness, or divorce. Calls from lenders, mounting bills, and foreclosure threats can make it feel like there’s no way out. At Fesenmyer [...]
Bankruptcy is a legal process that is designed to help you recover financially after you go so deep in debt that you have no effective way to pay off what you owe. When used properly, it can give you a fresh financial start. Typically, people declare bankruptcy as a final measure when all other options [...]
Credit cards can be a great fallback if you’re temporarily running short on funds. Some even come with cash back or other rewards. However, if you don’t promptly pay off credit card debt, it can grow over time and rapidly become unmanageable. Are you unsure of how to start lowering your debt most effectively? Check [...]
If you’ve been struggling financially for years and have finally filed for bankruptcy, you might breathe a sigh of relief. However, if you want your credit to recover as efficiently as possible, there’s still work to be done. Here’s what to do after filing for bankruptcy to start moving toward a sounder financial future. Filing [...]
Dealing with substantial debt can often feel overwhelming or impossible. However, you have more options for addressing debt than you may realize. Two common ways to deal with major debt are debt relief and bankruptcy. Each comes with its own set of risks and benefits — and you should ensure you understand those risks and [...]
Debt is an issue that affects American adults of all ages. However, in recent decades, there has been an alarming increase in debt and financial instability for seniors. If you are a senior citizen who is struggling under significant debt, you are not alone. You probably feel tremendous stress and uncertainty, especially if you have [...]
No one intends to go into significant debt. However, given the rapidly rising cost of living, millions of people are finding it difficult or impossible to chip away at their credit card debt. If you’re taking the first step toward better financial footing, you need the answer to one question — which credit card should [...]
Are you having trouble managing debt? If you have an overwhelming amount of debt and don’t see any way to achieve financial stability, it may be worth considering filing for bankruptcy. Declaring bankruptcy is a major decision, and you should consider all angles before doing so. How does bankruptcy affect your credit score? Here’s a [...]
Facing a foreclosure is a stressful and emotional experience for any homeowner. For a lot of people, understanding the impact of a foreclosure sale on bankruptcy brings up a possible solution to dealing with their debts and financial instability. But is it too late to file for bankruptcy once the sale is done? Understanding the [...]
If you’re struggling with mortgage payments and facing the possibility of foreclosure in Ohio, understanding Chapter 13 and Chapter 7 bankruptcy and foreclosure is important for making informed decisions about your financial future. Both offer options that address foreclosure, but the benefits and consequences are different, as are their processes. Chapter 7 Bankruptcy and Foreclosure [...]
Working through the process of foreclosure can be both challenging and overwhelming, especially when you’re faced with the uncertainty of how long the entire process will take. For homeowners, an overview of the Ohio foreclosure timeline is helpful for making informed decisions and finding the right legal help. Ohio Foreclosure Timeline Ohio is a judicial [...]
When you see a foreclosure notice in the mail, it can be a stressful experience. For many people, it feels like they’re being pushed into a maze of legal jargon and an unfamiliar language. Understanding common legal terms in foreclosure notices is the first step to effectively addressing the situation. Breaking Down the Sections of [...]
