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December 2014 Archives

Is garnishment an option for collecting debt?

Collecting debt can be a complicated and frustrating process. People who owe money to any number of creditors can try to put off or ignore their duty to repay debt, but that can make matters so much more complicated for all parties involved. Not only will debtors have to deal with penalties and collections practices, but creditors will have to explore and enforce other means of collecting debt that is not being paid. 

Two avenues for debt collection: in and out of court

It is generally understood by people throughout Ohio that debts and loans must be repaid. Individuals and companies borrow money on a regular basis and should be well aware that debts must be paid back. In many cases, this arrangement is acknowledged and fulfilled. However, in other situations, problems arise when it comes to pursuing repayment.

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