In some cases debtors can sue to recover garnishments taken within 90 days of the bankruptcy filing. The catch is that the debtor must be able to claim the garnished funds exempt. Continue reading
Creditors have only a limited period of time to collect their debts. Once the time has passed, you are not legally obligated to pay them. The length of time varies depending on the type of debt and state law. Here is a breakdown for Ohio and Kentucky.
US business as a whole has recovered from the recession. Profits for US companies are up 12 per cent since 2007. That is much better than businesses in Canada, Japan and most of Europe. Continue reading
In Ohio chapter 7 cases, you may keep up to $1,500 of your refund. Add to that amount child tax credit and earned income credit claimed on your return. In most Kentucky 7 cases, you can keep it all because the exemption law is better than Ohio. Continue reading