While Foreclosures Continue to Increase in Ohio, Chapter 13 May Offer Protection
While Foreclosures Continue to Increase in Ohio, Chapter 13 May Offer Protection
In Ohio, the foreclosure crisis created a backlog of foreclosures that mortgage holders are now only starting to address. As a result, foreclosures in Ohio increased over the first six months of 2012 while the national rate of foreclosures fell. Distressed homeowners in Ohio facing foreclosure may find the right protection in filing for Chapter 13 bankruptcy.
Foreclosures across the country fell by nearly 11 percent in the first half of 2012 when compared to the same time period last ...