Alerts

What Do the Revisions to Ohio's Foreclosure Procedures Mean for Creditors?

September 13, 2016      |      Larry R. Rothenberg, Esq.   

In an abrupt move to beat the summer recess, the Ohio legislature passed H.B. 390, which becomes effective September 28, 2016. Despite the bill's title, "Sales tax-exempt sale of natural gas by municipal gas company," the 212-page bill includes numerous provisions applicable to Ohio's foreclosure procedures, affecting the options available for creditors. Among the significant new provisions are a procedure to expedite foreclosures on vacant and abandoned residences, and a standardized process to request the use of a private selling officer (in lieu of the Sheriff) to conduct the sale. While the details are too extensive to cover completely here, I have highlighted some of the main points. To discuss the new bill in greater detail, please contact Mr. Rothenberg directly....

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UPDATE: Ohio Medicaid Eligibility Changes to Significantly Increase Need for Qualified Income (Miller) Trusts

July 12, 2016      |      Sara M. Costanzo, Esq.   

Income requirements for Medicaid eligibility will change as the result of rule amendments recently announced by the Ohio Department of Medicaid. Previously, only individuals with a disability who fell into a specified income range were eligible for Medicaid. Under the new rules, individuals who qualify for federal Supplemental Security Income will automatically qualify for Medicaid....

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How are Venues for Civil Lawsuits Chosen in Ohio?

June 2, 2016      |      Amanda R. Yurechko, Esq.   

For the simple fact of convenience, most Ohio plaintiffs prefer the court where their case will be tried to be near them. It is frustrating for plaintiffs to ask witnesses to appear at a trial, or to attend a hearing, across the state. However, the plaintiff's preferred trial court is not always an option due to venue requirements as outlined in the Ohio Rules of Civil Procedure....

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Revisions to Ohio's Foreclosure Procedures Are Coming Soon

June 2, 2016      |      Larry R. Rothenberg, Esq.   

On May 25, 2016, in an abrupt move to beat the summer recess, the Ohio House and Senate agreed to revisions to the Ohio foreclosure process, and the bill is now pending the Governor's signature. Here are some highlights of the bill....

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City of Aurora Now Requires Registration of Vacant or Foreclosed Properties

May 19, 2016      |      Casey B. Hicks, Esq.   

Ordinance Number 016-004 was recently enacted in Aurora, Illinois and requires all vacant or foreclosed properties to be registered by the owner with the city. The ordinance defines “owner” broadly; it includes a mortgagee that has instituted foreclosure proceedings against the mortgagor, or a mortgagee that is authorized to act to secure or repair the property, according to the terms of the mortgage. Under the guidelines of the ordinance, the director of the city’s Department of Neighborhood Standards will evaluate all buildings believed to be vacant. If the director determines a building is vacant, a notice will be sent to all owners and individuals responsible for registration of the building....

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Proposed Changes to Ohio Medicaid Eligibility Will Require Wider Use of Miller Trusts

May 3, 2016

Income requirements for Medicaid eligibility could be changing thanks to rule amendments proposed by the Ohio Department of Medicaid (ODM). According to ODM’s proposal, Ohio will convert from a “209(b)” state to a “Section 1634” state starting July 1, 2016. This means that, when determining Medicaid eligibility, Ohio will implement an income cap equal to three times the Supplemental Security Income Federal Benefit Rate....

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