Facing foreclosure is nothing short of daunting. If you’re at risk of losing your home, you need to act and may have considered saving your home from foreclosure through bankruptcy. While there are many factors in determining whether bankruptcy is best for you, it’s critical to learn more and understand your options. Filing for bankruptcy [...]
A common question that arises when people are considering filing for bankruptcy is whether their tax debt will be dischargeable. While most tax debt is not dischargeable, there are some circumstances under which it can be. The attorney at Fesenmyer Law Offices, LLC specialize in bankruptcy and have helped thousands of people in Ohio with [...]
When you file for bankruptcy in Ohio, you want your debts to be discharged — eliminated — so that you can receive a fresh financial start. However, there are times when situations change and you no longer wish to continue with the bankruptcy, or you made mistakes or have problems and your case winds up [...]
If you’re facing tough times financially and you’ve been sued by your credit card company, you’re undoubtedly wondering what to do. Can you fight a credit card lawsuit in Ohio? Yes, you can. In fact, you may have more options than you realize. What to Do If a Credit Card Company Sues You in Ohio [...]
Everyone who files for bankruptcy is seeking to get out of debt. But there’s a difference between a dismissed and discharged bankruptcy case. It’s every bankruptcy filer’s goal to have their debt discharged. A discharge means that a debtor is relieved from repaying qualified debt acquired before filing for bankruptcy. In short, a discharge means [...]
Filing for bankruptcy is a significant and very personal decision. And debtors often ask, will everyone know I filed for bankruptcy? The short answer is probably not. However, bankruptcy filings are a matter of public record. This means that almost anyone can search for and locate your bankruptcy case with enough effort and time. Because [...]
If you’re in debt and the situation isn’t improving, you may be considering bankruptcy. You’ve probably asked: When should I file for bankruptcy? The answer is different for everybody, but there are several indicators and factors to consider. There Are Many Reasons to Consider Bankruptcy Bankruptcy is designed to be a tool to help debtors [...]
If you are struggling to pay off debt and make ends meet, bankruptcy can provide you with protection from creditors and give you a fresh start. Still, many people are afraid to file because of myths, half-truths, and misinformation. If you are considering filing for bankruptcy, please read through the information about bankruptcy myths and [...]
If you can’t pay the money you owe, creditors may take steps to garnish your wages and withdraw money directly from your paycheck. In most situations, both federal and Ohio state laws limit garnishment to 25% of your wages, and most creditors must file a collections lawsuit in court and receive a monetary judgment first. [...]
Facing repossession of your vehicle is a scary prospect. Quite simply, you need your car to carry out day-to-day activities. So if you’re facing repossession of your car or are behind on payments, read on to learn how bankruptcy can stop car repossession. State Laws Provide Bankruptcy Exemptions Many people assume declaring bankruptcy means you [...]
If you are struggling financially and are overwhelmed with debts that have become unpayable, you may need a “fresh start.” Filing for bankruptcy with an Ohio bankruptcy attorney can provide just that. The bankruptcy process can put you on the road to financial recovery. Below is a brief guide on the bankruptcy process in Ohio. By [...]
Financial difficulties have been affecting people more and more, and that includes senior citizens. The need for elderly credit card debt relief is growing. When you look at the statistics, that’s no surprise. Nearly 4 million adults aged 65 and older had unpaid medical bills in 2020, according to the National Council on Aging. In [...]
When Are Business Owners Personally Liable for Business Debt? If you own a business or are considering starting one, you might be wondering, when are business owners personally liable for business debt? Any business owner should understand if and when their personal assets and finances are at risk due to business debt. Knowing what happens [...]
Be Smart about Using Your Income Tax Return to File for Bankruptcy If you are thinking about filing bankruptcy in Ohio, you should consider what to do about any tax refunds you expect to receive or already have received. Depending on how you handle it, some or all of your refund may be protected. If [...]
We may be past the worst days of the COVID-19 pandemic, but the financial hardships that it has caused for so many Ohioans continue. Debt collections after COVID-19 in Ohio are in full force for some. While some COVID-19 debt collection restrictions are still in place, others have subsided. If you are in debt and [...]
