Very few Ohio residents view bankruptcy as a chance to walk away from debts that they had no intention of ever repaying. On the contrary, most people who file for Chapter 7 bankruptcy have made every conceivable effort to repay their financial obligations before...
Your Trusted Lawyers In Difficult Times
Month: January 2016
Divorcing women: Be aware of the financial wellness gender gap
Divorce-related guidance is rarely gender specific. Most of the time, both men and women have the same kinds of questions about the divorce process and these questions can be answered without any gender specific considerations. However, there is one truly significant...
2 proven strategies for eliminating your debts
The month of January brings the beginning of a new year, and many Ohio residents pledge to make significant changes to their lives in the months ahead. January also brings bills from the holiday season and, for some families, the sobering realization that their...
How one woman bounced back from Chapter 7 bankruptcy
Filing for bankruptcy is never easy. Even after all other avenues have been thoroughly pursued and bankruptcy is clearly the best remaining option, it is still hard to accept. Many people in Ohio fear that they will never regain financial success after bankruptcy and...
“Upstream gifting” can be a solid estate planning tool
Most Ohio residents who have achieved high levels of success are aware that current estate tax rules allow an individual to amass an estate worth $5.43 million before assets are subject to federal estate tax. Anything above that amount will be hit with estate tax,...
Wife affected when husband seeks debt relief
When an Ohio couple encounters financial difficulty, there are a number of available options. Personal bankruptcy is one example, and it can provide swift and lasting debt relief for many. However, when one spouse owns a business, it becomes very important to...