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Delinquent payments big or small cause huge issues

By Nowack & Olson, PLLC |

There are many reasons why people fall behind on bills, and many of them are no fault of borrowers. Unfortunately, however, creditors throughout the state of Florida and beyond are typically unconcerned about why people fail to pay off debts or how small those debts actually are. Understanding how and why delinquent payments can… Read More »

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An introduction to Chapter 13 bankruptcy

By Nowack & Olson, PLLC |

Many Florida residents understand that they need help to address serious financial challenges, but they may not always know what kind of assistance for legal options they are entitled to. Filing for bankruptcy is one option that has proven to be very successful for countless Americans throughout the years, but different forms of bankruptcy… Read More »

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Florida undermines personal bankruptcy protections

By Nowack & Olson, PLLC |

Filing for bankruptcy gives people the opportunity to dispel large amounts of personal debt. The process also ensures that filers are not pursued for those debt liabilities once the bankruptcy is complete. Therefore, creditors that continue to go after borrowers for debts already discharged in bankruptcy can be accused of breaking Florida bankruptcy law… Read More »

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Could student loans be dispelled through personal bankruptcy?

By Nowack & Olson, PLLC |

Millions of Americans are struggling with major financial issues, and unpaid student loan debt is a major part of the problem for many. Making the decision to attend a Florida university is often based at least partly on the prospect of improving one’s ultimate earning potential, but too many college graduates are learning the… Read More »

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The facts about inheriting financial challenges

By Nowack & Olson, PLLC |

Adults with aging parents are often confronted with a number of financial and emotional difficulties, as adult children may have to take on the role of caregiver as well as manage their parents’ personal affairs. The situation can become even more difficult when elderly parents have accumulated unpaid bills and/or a considerable amount of… Read More »

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Why filing for bankruptcy in FL is so important to one man

By Nowack & Olson, PLLC |

Legal troubles can quickly result in financial difficulties, as individuals are often forced to commit a great deal of their financial resources to defending themselves in court over an extended period of time. It’s for that reason that the opportunity to file for Chapter 13 or Chapter 7 bankruptcy in the state of Florida… Read More »

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One man’s Chapter 7 didn’t tell whole story

By Nowack & Olson, PLLC |

The process of filing for bankruptcy can be long and complicated in some cases. In fact, anyone considering bankruptcy in Miami, Florida, is advised to first consult with an experienced bankruptcy law lawyer in order to determine whether Chapter 7 bankruptcy is the best option for them, as well as guarantee that the process… Read More »

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Bankruptcy: the true cost of medical bills

By Nowack & Olson, PLLC |

For the countless Miami, Florida, residents contending with substantial medical-related debts, the gravity of the issue is well understood. In fact, it’s no surprise to many Americans that financial challenges stemming from unmanageable medical bills account for a huge percentage of Chapter 7 bankruptcy cases filed every year. That is why seeking the advice… Read More »

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Debt relief scheme forces families into foreclosure

By Nowack & Olson, PLLC |

Personal debt and serious financial challenges can be extremely difficult to manage on a practical and emotional level. For the thousands of people across the state of Florida and the entire country confronted with issues such as harassment from collection agencies, the need to eliminate debt quickly becomes desperate in many cases. Unfortunately, the… Read More »

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Late-stage mortgages resulting in major financial challenges

By Nowack & Olson, PLLC |

In order to understand the nature and full implications of the financial challenges faced by millions of Americans throughout the state of Florida and beyond, it’s important to look at the economic trends and factors of the past and present. For older Americans currently facing foreclosure and/or personal bankruptcy, the findings of several recent… Read More »

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