As a creditor in Ohio, you benefit when debtors file for Chapter 13 bankruptcy. This puts them on a repayment plan that has potential benefits for all parties involved. For the debtor, they are able to pay off their debts. And for you, you are able to negotiate a new...
Month: October 2020
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Using a replevin action to repossess property
When a debtor defaults on a secured loan, you may be able to repossess the property. However, you may not be able to simply go get the property that is yours or that you have an interest in. If the debtor does not return the property, you may have to take further...
Terminating contracts for a company’s convenience
Businesses in Ohio may feel a great deal of security after securing a contract with a new business partner. Such a feeling is often justified; after all, as long as the business fulfills its terms of the agreement, its partner has no cause to end it, right? That may...