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Your skills and expertise are typically what clients covet when they bring you in to provide work on a construction or property improvement project. It is the application of that labor that is typically the subject of a mechanic's lien (indeed, the use of the word...
Creditors have a legal right to consider proactive measures to protect assets when a borrower begins running into financial problems. Rather than wait for a borrower to default on a mortgage and file a bankruptcy petition to avoid foreclosure, a lender may seek to...
Mortgage lenders can seek foreclosure when an Ohio borrower fails to make payments as agreed. The lender must adhere to state and federal laws to ensure a valid foreclosure process. Review the guidelines that apply to residential foreclosure in Ohio. Preparing for...
As a creditor in Ohio, you need to know what your protections are. This includes your options when it comes to collections. After all, you need access to available remedies if a customer does not pay what they owe. There are many options to consider when pursuing your...
Ohio business owners like you often have to deal with contracts. It is a part of managing a business and normally, you do not have to deal with many negative scenarios. But there are still some cases in which you may run into a contract dispute. In these instances,...
Lenders in Ohio and across the nation have rights when it comes to reclaiming property and money they have loaned to others. In addition to ensuring the terms of the contract are clear and concise, there are a number of methods you can use to recollect items that have...
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...
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...
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...
Some individuals and businesses try to relieve themselves of their debt by filing for bankruptcy. Since bankruptcy judges can discharge many kinds of debt, it is natural for creditors to worry that they will not be able to collect on outstanding debts. Still, just...
