Taking out a mortgage to purchase a home or getting an auto loan for a vehicle is common practice for most Ohio consumers. But what about personal loans? Although these types of loans dropped in popularity over past decades, there has been a recent surge in consumers seeking them out. They are now the fastest growing section of debt in the United States, which could ultimately contribute to new bankruptcy filings.
Could growing personal loans contribute to future bankruptcy?
Dragging your feet through divorce? Here's why you should hurry
By now you probably already know that significant changes are coming to the tax code in 2019. But did you know that those changes can affect your upcoming divorce?
Waiting to file bankruptcy? You may need to rethink your plans
Most people in Ohio spend much of their lives waiting for that big break around the corner -- that new job, a well-earned raise or the promotion they never even applied for. For those facing the potential of bankruptcy the hope of a big break can lull them into false certainty that better times are soon ahead, even if all evidence points to the contrary. When facing insurmountable debts, these breaks rarely -- if ever -- come, and debtors often end up in even worse financial straits.
