Trusted Toledo Attorneys Here For You In Difficult Times
Many people treat bankruptcy as the last option available to them when they face financial hardship. They may try everything in their power to find alternate solutions. They rework their budgets, take on second jobs or make use of services advertised as solutions for...
The Internal Revenue Service (IRS) has numerous enforcement tools at its disposal. When taxpayers fall behind on their financial obligations, the IRS may engage in aggressive efforts to collect on the past-due amount. Sometimes, the IRS intercepts a portion of a...
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...