Various Blogs regarding Cincinnati Family Law, Estate Planning And Bankruptcy.
At Bailey & Gunderson, our attorneys help people going through some of life's most difficult challenges. We bring our experience, skill and creativity to every case, taking on all types of Family Law including Divorce, Bankruptcy, Probate and Estate Planning issues. Learning that most people ask the same questions - this blog is our way of providing some general legal information. Feel free to contact our Cincinnati Law Offices to discuss your specific situation.
Creditors do not have an unlimited amount of time to pursue collection of debts owed them.
Ohio’s statute of limitations is six (6) years regardless of the type of debt. The time limit is counted from the date the debt becomes overdue or from the date the borrower last made a payment, whichever date occurred more recently. If it has been more than six (6) years, a creditor cannot sue the borrower for debt collection purposes.
Have further questions for this issue? Please call our office. We are here to help you.
This insight into the law is provided by the attorneys at Bailey & Gunderson Co., L.P.A., with offices in Norwood, Western Hills and Anderson Township. Phone: (513) 631-0022.
Do you have questions about child support and how child support may affect benefits you receive for a special needs child?
The attached article from the Ohio Bar Association has some useful information on this topic.If you have a friend who may need information on this topic, please forward this information to him or her.
Provided by Bailey & Gunderson Co., L.P.A., Attorneys at Law, with offices in Norwood, Western Hills and Anderson Township.Phone:(513) 631-0022.
A recent study found that 2.9 million children were living with their grandparents. As more parents become unable or unwilling to care for their children, grandparents are increasingly filling this role.Some grandparents decide to adopt their grandchildren to formalize their legal relationship with the grandchildren and to eliminate any custody disputes with the parents.
What rights do the non-adoptive grandparents have to see their grandchildren? The answer is there are few rights allotted to the non-adoptive grandparents.
Courts have held that an adoption is a statutory proceeding that “creates a nonbiological parent-child relationship through the severance of the biological parents’ legal and natural rights to a child.”
Some courts have further held that the adoption resulted in the non-adoptive grandparents being legal strangers to their grandchildren because their rights were derivative of the rights of their child, and the adoption terminated their child’s parental rights to the grandchildren.
These courts further held that the biological relation in and of itself does not entitle the non-adoptive grandparents to any visitation rights, and that the adoptive grandparents had the right to deny visitation to the non-adoptive grandparents.
If you find yourself in a similar situation, the advice of an attorney is recommended.
This insight into the law is provided by the attorneys at Bailey & Gunderson Co., L.P.A., with offices in Norwood, Western Hills and Anderson Township.Phone:(513) 631-0022.
If you are thinking about filing for divorce, the following tip may be helpful:
HAVE REAL ESTATE AND PERSONAL PROPERTY APPRAISED IF YOU ARE THINKING ABOUT ENDING YOUR MARRIAGE.
You will not receive your fair share of the division of the real estate and personal property if you do not know the value of your assets.There is no sense in guessing on the value of the marital home, business, jewelry or baseball cards in a divorce. There are experts available who can appraise real estate and personal property.You should utilize these experts in valuing the marital assets so that you can determine your fair share of the assets in a divorce.
FOR OTHER ADVICE ABOUT DIVORCE OR DISSOLUTION OF MARRIAGE, PLEASE CONTACT OUR OFFICE.
This insight into the law is provided by the attorneys at Bailey & Gunderson Co., L.P.A., with offices in Norwood, Western Hills and Anderson Township.Phone: (513) 631-0022.
The average home in Ohio and across the country that carries any kind of credit card debt owes $15,762, according to a report from Nerd Wallet. Unlike debt like a mortgage or car loan, credit card debt can be detrimental to someone's credit score.
Keeping that in mind, it is imperative that people know how to manage having a credit card. Here are six tips to using those accounts wisely:
1. Know your credit score. Before opening a credit card or taking on any other loan, for that matter, it is imperative that consumers know what their credit score is. As the Federal Trade Commission points out, people may gain access to their credit score for free once every year. There are also sites that permit consumers to pay for a score, and there are even credit cards that grant free access to that information. The reason this is so important is that interest rates are often based on the cardholder's credit score.
2. Set your own due date. Many credit card companies will permit a cardholder to set the due date he or she wishes. This can be advantageous, as it may work to set the date apart from the date that rent or mortgage is due. Or, some people find they prefer to have a due date close to payday every month.
3. Manage the balance wisely. One factor that determines someone's credit score is whether or not a card has been maxed out. Experts suggest keeping the balance on a card between 20 and 30 percent of the actual limit. Even if the balance can be paid off in full, maxing out a card every month can be detrimental.
4. Never carry a balance. The only time interest is charged on an account is when someone cannot pay off the balance in full and on time. Interest rates can be shockingly high, adding a significant amount of money to the next month's bill. Consumers should adjust their budget to ensure they can bring the credit card balance to zero every month. Failing to do so could result in revolving, overwhelming debt that creates severe financial turmoil.
5. Communicate with the card company. It is entirely possible to make a mistake and miss a payment. If someone has a good history with the card company, it is possible to get late fees waived. According to a poll from CreditCards.com, eighty-nine percent of people who were charged a late fee but asked for reprieve were granted it.
6. Know what to do about debt. There are countless people across the country who have credit card debt. It is possible to find a card with an appealing balance transfer option. This enables a consumer to move debt from one card with a high interest rate to another card at a better rate, possibly even a 0 percent rate for a certain period of time.
People with serious credit card and other debt may also want to explore the option of filing for bankruptcy. Anyone who has questions regarding that issue should speak with an attorney.
We can help you with your debt or bankruptcy questions at Bailey & Gunderson Co., L.P.A., with offices in Norwood, Western Hills and Anderson Township.Phone:(513) 631-0022.
If you are thinking about filing for divorce, the following tip may be helpful: 
