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Tag Archives: Florida Consumer Bankruptcy


Consumer Credit Defaults Hit Low

By Nowack & Olson, PLLC |

The U.S. economy has been sending some mixed messages recently. Although the unemployment rate has reached its lowest point in almost 50 years, the stock market continues to suffer serious losses while the housing market has cooled somewhat. Wage gains have also disappointed, though this is relative, as people are still seeing small wage… Read More »

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How to Discuss Bankruptcy with Your Spouse

By Nowack & Olson, PLLC |

One feature of the bankruptcy code is that married consumers can file for bankruptcy with their spouse. Of course, not everyone should file with their spouse. And even if you choose to file as an individual, your bankruptcy will affect your spouse and your future together. All of this is to say that married… Read More »

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Can I File for Bankruptcy if I am Not Behind on Bills?

By Nowack & Olson, PLLC |

Every now and then we hear from someone with a very high credit score and no collection accounts who nevertheless is under financial distress. This person wonders if they can file for bankruptcy to obtain peace of mind or whether they must wait until their accounts go into collections before filing. This is an… Read More »

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