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Cincinnati Business & Commercial Law Blog
What are ways you can recover your property and assets?
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...
What do debtors owe you during Chapter 13 bankruptcy?
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...
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...
How creditors may protect their rights in bankruptcy
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...
What should you include in an NDA?
In business, you may share confidential information with another party. To ensure that the information remains secret, you may need a non-disclosure agreement or an NDA. According to Forbes, an NDA is a way to protect confidential information. To avoid a dispute,...
How do mechanic’s liens work in home construction?
As a subcontractor or supplier in Ohio, you may have to forcefully pursue payment. You can come across issues involving breached contracts. The homeowner or general contractor may not fulfill their end of the contract by refusing to pay. In these instances, you can...
When should I litigate?
There are many advantages to choosing either arbitration or mediation over litigation. However, this does not mean that litigation does not have its place. Even though the general advice is to avoid litigation if at all possible, there are certain times when...
How mechanic’s liens work in Ohio
As an Ohio contractor, subcontractor, materials or equipment supplier, or construction laborer, a mechanic’s lien is the way in which you obtain payment from the property owner if he or she fails or refuses to pay you for your materials and/or services. The Ohio...
What to know about Ohio’s prompt payment law as a subcontractor
When you make your living as a subcontractor, you may have firsthand knowledge that receiving payment on time is not always easy. Often, subcontractors find themselves waiting for higher-tier contractors to pay them for work they perform, and this has the potential to...
