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If you are considering bankruptcy, you are not alone. In 2023, nearly 435,000 Americans filed for bankruptcy, according to data from U.S. Courts. If you’re considering taking similar action, an ...
[1] [2] Advantages to a lender include a reduction in the time and cost of a repossession, lower risk of borrower revenge (metal theft and vandalism of the property before sheriff eviction), and additional advantages if the borrower subsequently files for bankruptcy.
A "presumption of abuse" will arise if: (1) the debtor has at least $182.50 in current monthly income available after the allowed deductions (this equals $10,950 over five years) regardless of the amount of debt, or (2) the debtor has at least $109.59 of such income ($6,575 over five years) and this sum would be enough to pay general unsecured ...
Aug. 21—Several local counties saw big increases in eviction filings last year — Butler County had the highest eviction rate in the state, and Montgomery County had the most new eviction cases ...
Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.S. In contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of reorganization of a debtor, Chapter 7 bankruptcy is the most common form of bankruptcy in the U.S. [1]
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An analysis by the Aspen Institute indicated between 19 and 23 million, or 20 percent of renters, were at risk for eviction by the end of September, 2020; [19] a separate July 2021 United States Census Bureau survey projects 7 million households unable to pay rent and at risk of eviction, with a potential 3 million eviction filings in the next ...
Two other locations in Lebanon, Ohio and Franklin, Ohio, have already closed. Earlier this week, 8 locations of Frisch’s Big Boy in Ohio were given eviction notices: 4765 Montgomery Road in Norwood