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March 2015 Archives

Creditors' interest at stake when businesses file bankruptcy

There are many trade and retail supplier companies across Ohio that make their money through providing loans to retailers. When a store is financially stable, the relationship between creditor and borrower typically runs very smoothly.

Know your rights when debtors try to prevent attachment of assets

When people are in debt and unable or unwilling to comply with a repayment plan, aggressive measures by creditors may be necessary so that debt can be collected. In some cases, a person will be required to hand over assets he or she owns to creditors in order to fulfill debt obligations.

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