Author: Benjamin Luftman

Bankruptcy filings up 14% in first half of 2010

15.07.2010 in Bankruptcy, Misc, News

According to American Bankruptcy Institute, bankruptcy filings totaled more than 770,000 from January through June of this year.

In a recent article by CNNMoney.com, Bankruptcy filings are once again rising. It is anticipated that this year will max out around 1.6 million filings.

The most bankruptcy filings were in 2005 before the Bankruptcy Code changed, making it harder for Americans to file. Before the amendments took place, there were more than 2 million filings.

If you find yourself falling into a debt crisis and you are not sure where to turn, please call our office to schedule a free initial consultation.

Don’t let debt bring you down

01.07.2010 in Bankruptcy, Misc

The recession has taken a toll on more than half of America’s population. Don’t fall into this category. See us for a free consultation to get your life back on track.

According to this article by CNN, 55 percent of adults in the U.S. are feeling the negative impact of the recession. “Shrinking and disappearing paychecks have put a strain on family finances. With less disposable income, the recession has caused American families to rethink their spending habits.”

If you find yourself in a financial rut and can’t seem to find a means to an end, please give us a call. One of our attorneys can talk with you about possible bankruptcy options. If you are eligible to file for bankruptcy, you could be saying goodbye to your unsecured debt and hello to a fresh new start.

In 2009, there were 1.4 million bankruptcies filed in the U.S. This year is anticipated to be more. In order to get your life going in the right direction today, please contact our office at (614) 224-1500 x3634.

Ohio’s foreclosed homes are the best bargain in U.S.

30.06.2010 in Misc, News

A report from RealtyTrac Inc. concludes today that Ohio offers the best deal on foreclosed houses in the nation.

“According to the study, foreclosed Ohio homes sold for an average of $79,762 during the first three months of the year — 39.5 percent less than nonforeclosed homes fetched. That discount was the largest of any state and well above the national average of 26.7 percent for foreclosed homes.”

Although these homes are so heavily discounted, there are some downfalls and buyers should be careful. Most of these homes have had the utilities shut off for some time and may need a lot of work done.

“RealtyTrac defines foreclosure broadly to include all properties that have received a default notice, been scheduled for sheriff sale or been repossessed.”

read more here: The Columbus Dispatch

Were you one of the 169 caught speeding on 315 last week?

22.06.2010 in DUI & Traffic Defense, News

Columbus Police issued 169 speeding tickets through all of the construction on S.R. 315 last week.

A majority of the tickets were issued to drivers going 10-19 mph over the speed limit. The tickets ranged from $126 – $241 – depending on the speed and whether construction workers were on duty.

If you get ticketed for driving over the limit, remember that sometimes It pays to fight a speeding ticket!

Source: NBC4