Category Archives: Bankruptcy
Florida Bankruptcy Filings Spike
Whatever metric you are using as a proverbial canary in the coal mine to assess the health of the economy recently, it is not doing well; everything that has yellow feathers on the outside has black lungs on the inside. Prices are high, wages are low, and the number of gigs listed on Craigslist… Read More »
Can You Get a Mortgage After Filing for Bankruptcy?
Filing for bankruptcy protection does not mean that you will never borrow money again. Yes, it has a negative effect on your credit score, but if a bankruptcy filing amounted to an outright ban on borrowing money or paying in installments, then it would not be meaningful for the same person to file for… Read More »
Recent Trends in Florida Bankruptcy Cases
By some indications, the economy is doing well, but everyone you know is dragging themselves through life under a dark cloud of financial stress. Nearly a quarter of the American workforce is marginally employed. Yes, they get a paycheck, but it is through gigs, or else through a part-time job where the hours are… Read More »
Rebuilding Your Finances After Gambling Addiction
In desperate financial times, people tend to rely on gambling as a source of income. Sometime in the 1990s, when Las Vegas was beginning to cultivate a family friendly image where you were as likely to return to your hotel room with your young child and an oversized teddy bear she had won at… Read More »
How Much Does it Cost to File Chapter 7 Bankruptcy?
You have made the difficult decision to file bankruptcy so you no longer have to struggle with debts you cannot repay. Learning that filing bankruptcy is not free and will actually cost you more is discouraging. While it is true that there are certain costs associated with filing bankruptcy, it is likely more affordable… Read More »
What is the Statement of Intention in Chapter 7 Bankruptcy?
Of all the different types of bankruptcy, Chapter 7 is perhaps the most common. Like all other types of bankruptcy, there are certain requirements borrowers must meet when filing Chapter 7. One of these is filing the statement of intention. If you do not submit a statement of intention, your case might be dismissed… Read More »
Can You File Bankruptcy Multiple Times?
If you are struggling with debt that has become unmanageable, filing bankruptcy can provide you with a clean financial slate and a new start. However, getting your debt discharged or reorganized into a repayment plan that makes it easier to manage does not guarantee that you will not fall into financial trouble again at… Read More »
Questions to Expect when Filing Bankruptcy
Filing bankruptcy can provide immense relief from the crushing debt you are currently finding difficult to manage. By obtaining a discharge or reorganizing your debt into a repayment plan that is more affordable, you can regain control of your finances and ultimately, your life. Before filing, there are many steps you should take to… Read More »
How Does Bankruptcy Impact Child Support Payments?
Bankruptcy is a legal proceeding that can provide relief for the debts you cannot repay. Although the process can provide a fresh financial start, there are also some limitations and complications involved. This is particularly true when a borrower owes child support. Bankruptcy may or may not impact the child support payments you owe,… Read More »
How Bankruptcy Affects Renting a Home
If you are struggling with debt you cannot afford to repay, bankruptcy can act as a financial reset button. Unfortunately, the process has its own distinct challenges. People filing bankruptcy have many concerns, including whether they will be able to rent a home afterwards. While filing bankruptcy should not prevent you from renting a… Read More »