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May 2016 Archives

What is the statute of limitations for debts in Ohio?

As a consumer, you should be aware that the law establishes a time limit for the collection of outstanding financial obligation. This is known as the statute of limitations, and as outlined in a prior post, it is set at six years in Ohio. After that time has elapsed, a creditor may not be able to legally compel you to repay the debt.

Alleged statute violations stem contract litigation

There are many ways in which an Ohio business can find customers. One of these is to submit a bid to win a contract with a federal entity. The bidding process allows companies to offer their services as well as an estimate of how much those services could cost. Bids on government contracts can be done on highway systems, construction projects, technology and even food.

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