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Home » Ohio » Laws and Legal Materials

Ohio Laws and Legal Materials

Welcome to OVLG's Ohio laws and legal information center. Know state laws, legal information, court information, get the links to state government websites, and much more.


Overview of debt consolidation & settlement

Debt consolidation is a simple debt relief option, which merges your multiple debts and arranges a single affordable monthly payment for you. A debt consolidation program also involves interest rate negotiation that lowers the amount that a debtor has to pay each month. A debt settlement program, on the other hand, negotiates on the total outstanding balance, so that the debt amount is lowered and you can become debt-free by paying much less than what you owe.

Additional legal resources for consumers

  1. Ohio state debt collection laws
  2. Payday loan laws in OH
  3. Statute of limitations (SOL) on debt

Ohio bankruptcy laws

Bankruptcy in Ohio works almost in the same way as in any other state, since the federal law governs the laws related to bankruptcy filing. The 2005 Bankruptcy Act requires that all the individual debtors filing for bankruptcy have to undergo credit counseling for a six month time period before filing. Again, to get a discharge, a debtor education course should also be completed after bankruptcy filing. The credit counseling agencies and the debtor education agencies should however be approved by the Bankruptcy Administrator.

Few key points to consider:

  • Up to $5,000 of real or personal property can be protected in Ohio due to the legal exemptions allowed in the state.
  • Ohio isn’t a community property state. So, a debtor in Ohio isn’t held responsible for the spouse’s debt, unless he or she voluntarily assumes it.

» Know more about Ohio bankruptcy laws

Company formation in Ohio

Setting up of a company in the state of Ohio is not much different as that in other states. However, there are certain state-specific requirements that have to be followed while filing documents with the Secretary of State.

Steps that involve an LLC formation

  • Picking out an exclusive business name
  • Filing articles of the organization
  • Execution of an operating agreement
  • Fulfilling tax and other regulatory obligations

» Details of LLC formation in Ohio

Steps that involve formation of a Non-profit Corporation

  • Opting for a suitable business name
  • Formation of organizational Board of Directors
  • Incorporation of the non-profit organization
  • Application for the Tax exemptions

» Details of creating an Ohio non-profit corporation

Ohio wills and living trusts

An Ohio Will protects your legal heirs and their rights. Preparing a valid Ohio Will ensures that you can keep intestacy at bay, and decide the distribution of your estate, assets and properties by yourself. However, before drafting your own Will, you must know:

  • What are the requirements for making an Ohio Will?
  • What can be the purpose behind a Will creation?
  • Can you change or revoke your Will?

» Read more to know the answers

Probate can be avoided through living trusts and you can even reduce or completely eliminate federal estate taxes for your estate. But:

  • What are the advantages of living trusts?
  • Why are they called living?
  • Can living trusts replace will?

» Read more to know the answers

Additional State Legal Resources


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Disclaimer: The contents of this web site are not intended to establish an attorney-client relationship, provide the reader with legal advice, or substitute for legal advice from an attorney.
  • The debt settlement program typically lasts between 6 months to 4 years time.
  • At least 30% of the debt amount per creditor needs to be accumulated in the trust account for OVLG to give the creditor any settlement offer.
  • Not all creditors or debt collectors will accept a reduction in the balance, interest rate, or fees a customer owes such creditor or debt collector.
  • Pending completion of the represented debt-relief services, the customer's creditors or debt collectors may pursue collection efforts, including initiation of lawsuits.
  • That the use of the debt-relief service will likely adversely affect the consumer's creditworthiness, may result in consumers being sued by their creditors, and may increase the amount owed to creditors as a result of the accrual of additional fees and interest.
  • Savings a customer realizes from use of a debt-relief service may be taxable income.
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