Bankruptcy can be used as an apt measure of getting rid of debts, discharging settlements, and making reasonable payments towards creditors.
The same is precisely ensured through Ohio bankruptcy law.
The provisions as enumerated under the Ohio bankruptcy law for discharging various debts
have been reaping rich benefits through liquidation and reorganization.
The former relates to providing relief in liquidation, while the latter is designed prima facie to assist in reorganization.
Under the bankruptcy code provided under Ohio laws, reliefs are available under Chapter 7, Chapter 11, Chapter 12, and Chapter 13.
Bankruptcy process
- Bankruptcy act credit counseling
- Bankruptcy act means test
- Gathering paperwork and itemizing current income sources and significant financial transactions
- Ensuring Chapter 13 requirements
- Meeting of creditors
- Plan confirmation of Chapter 13
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