Trusted Toledo Attorneys Here For You In Difficult Times
Medical debt is one of the most common reasons people file for bankruptcy. U.S. health care costs reached $4.1 trillion in 2020, and today many individuals remain overwhelmed by medical bills. Nearly one in five households couldn't pay for medical care when needed,...
The U.S. Bureau of Labor Statistics reveals that roughly 25% of American businesses don't survive their first year. Those that make it past their first year face increasingly more daunting odds of success, reaching a 65% chance of failure after ten years. In Ohio,...
Many marriages fall apart over money, and struggling to make ends meet is a stressor that no marriage needs. Unfortunately, Ohio couples can find themselves facing divorce and bankruptcy simultaneously. But it’s not the end of the world. Despite how bleak you may...
The holiday season can inspire financial strain, often especially for parents looking to make memories for their kids. For many, the added expenses of gifts, travel and holiday celebrations can lead to a budget crunch and additional debt. In some cases, this financial...
The goal of a personal bankruptcy filing is the discharge of personal debts. Someone who successfully completes bankruptcy no longer has to worry about paying certain financial obligations. However, a discharge can take months or even years to obtain. The type of...
Millions of Americans are currently finding it tough to pay their household bills. In such circumstances, unexpected expenses like a medical bill or loss of employment can send a person’s finances spiraling out of control. When debt cannot be repaid one possibility...
Did you just graduate from college? Then you, like many others, have likely built up an overwhelming amount of debt and not just student debt. Many students receive credit card offers and take advantage of the “buy now, pay later” concept, leading many people to build...
Bankruptcy is a legal process that stops collection activity temporarily and can discharge some of the filer's unsecured debts. There are multiple forms of bankruptcy that can help individuals and businesses dealing with aggressive debt collection or an unexpected...
Health insurance makes it easier to absorb the unexpected costs that can come from a sudden accident or a newly-developed medical condition. Most people expect that their health insurance coverage will take care of them, at least in the event of some kind of...
Getting through college can be costly. You may have taken out personal loans, run up credit card debt and had federal aid as well. Many students come out of college owing tens of thousands, if not hundreds of thousands, of dollars to their lenders. Bankruptcy is one...