Category Archives: Bankruptcy
Documents Needed When Filing Chapter 7 Bankruptcy
Filing Chapter 7 bankruptcy in Florida is a complicated process that requires careful attention to detail. Collecting and submitting the necessary documents is one of the most important parts of the process. When filing Chapter 7, you will have to submit approximately 50 different documents, or even more. Below, our Florida Chapter 7 bankruptcy… Read More »
Common Reasons for Filing Bankruptcy
Bankruptcy can provide a fresh financial slate if you are struggling with debt that you cannot repay. Unfortunately, there is still a stigma surrounding bankruptcy and people who file it. Contrary to what many people think, those who file bankruptcy are not financially irresponsible. The truth is that the vast majority of adults incur… Read More »
Bankruptcy Clinics
Now that tax refund season is here, those of us who have lived from paycheck to paycheck all year have started daydreaming about how we will spend our tax refund money when it arrives. Gone are the days when people used their tax refunds to buy a new car; with the price of cars… Read More »
What are Florida’s Bankruptcy Exemptions?
There are many misconceptions about filing bankruptcy in Florida. Of all of them, one of the biggest is that those who file will lose everything they own. This is not true and in fact, many people who file bankruptcy do not lose any property at all. Within the Bankruptcy Code, Congress provided for federal… Read More »
What Debts are Not Dischargeable in Bankruptcy?
People file bankruptcy in an effort to eliminate debt and get a fresh financial start. While it is true that bankruptcy is a viable option for people who are struggling with significant debt that they cannot repay, it is a common misconception that bankruptcy will completely eliminate all debt. There are certain types of… Read More »
Can Creditors Violate the Automatic Stay in Bankruptcy?
One of the reasons people choose to file bankruptcy is to stop collection efforts. When people owe a significant amount of debt, they often face constant phone calls from debt collection companies, wage garnishments, and even foreclosure actions on their home. Filing bankruptcy does not only allow borrowers to discharge some or all of… Read More »
What is the Means Test in Chapter 7 Bankruptcy?
Filing bankruptcy is a great option for people who are struggling with significant debt that they cannot repay. However, not everyone is eligible to have their debt discharged, or eliminated. As part of the massive bankruptcy reform that occurred in 2005, the means test was introduced as one of the main requirements for anyone… Read More »
Should You File for Bankruptcy or Divorce First?
Nearly half of the marriages in the United States end in divorce. There are many reasons why marriages end but one of the most common is money issues. Even when a couple has a very solid foundation and they love and respect each other, money issues are often too much to overcome and result… Read More »
Keeping Your Car in a Bankruptcy Case
Filing for bankruptcy can simplify your life by making your eligible debts disappear quickly, as in a chapter 7 case, or by combining them into one monthly payment, as in a chapter 13 bankruptcy filing. It can also make life more complicated, and not only because it stays on your credit report for a… Read More »
Should You File for Bankruptcy With or Without a Lawyer?
Most New Year’s resolutions fall apart quickly, especially those where you resolve to make permanent changes to which you can recommit on a daily basis or those where the outcome is largely outside your control. For example, most of the people who resolve to never eat junk food again do not make it past… Read More »