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Tag Archives: Plantation Bankruptcy Attorneys

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Will I Lose My Life Insurance Policy if I File for Bankruptcy?

By Nowack & Olson, PLLC |

Life insurance policies provide peace of mind to millions of people around the country. Should you die, you want your family to be provided for. This concern is particularly intense if you are the main breadwinner in the family. By purchasing a life insurance policy, you guarantee a sum of money to your family… Read More »

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Should You File for Bankruptcy because of Hurricane Damage?

By Nowack & Olson, PLLC |

The 2018 hurricane season has been very destructive in Florida. In early May, tropical storm Alberto struck northern Florida, leaving a trail of destruction. Hurricane Florence, in September, skirted past Florida, but its high tides caused damage along the state’s coast and killed a couple people. And in early October, Hurricane Michael struck the… Read More »

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A Bankruptcy Isn’t the End of Your Business Dreams

By Nowack & Olson, PLLC |

It’s hard to see bankruptcy as anything but a failure. Most people are able to pay their bills, but here you are, completely swamped. The only light at the end of the tunnel is bankruptcy to help you gain some breathing room. Many people naturally wonder if they will ever find financial success. Forbes… Read More »

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What to Do after a Car Repossession

By Nowack & Olson, PLLC |

Car repossessions rarely strike like a bolt out of the blue. After all, you must know that you have been missing payments. Nevertheless, finding out that your lender has repossessed your car is certainly a shocking experience. Car repossessions occur when borrowers do not pay their car loans. Because the loan is backed by… Read More »

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Harvey Weinstein Bankruptcy Takes Another Odd Turn

By Nowack & Olson, PLLC |

As some people know, media mogul Harvey Weinstein faces numerous credible accusations of sexual harassment and sexual assault. In response, his company, The Weinstein Company (TWC), filed for Chapter 11 bankruptcy protection. Whenever a debtor files for bankruptcy, the court enters an automatic stay that halts all collection attempts against the debtor, including lawsuits…. Read More »

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A Look Back at Burt Reynolds’ 1996 Bankruptcy

By Nowack & Olson, PLLC |

Famed actor Burt Reynolds recently died. Known for his roles in the Smokey and the Bandit franchise, as well as his marriage to Loni Anderson, Reynolds also famously filed for bankruptcy in 1996. At the time, the news was shocking since Reynolds had been one of the most reliable Hollywood draws for decades. In… Read More »

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CreditCards

Credit Card Debt Continues to Get More Expensive

By Nowack & Olson, PLLC |

If you carry a credit card balance, you probably regularly check your monthly statement. You might have noticed something surprising over the past year—even though you are regularly paying your debt, your balance does not seem to be declining as fast as it should. There is a simple reason—your interest rate has probably been… Read More »

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How to Boost Short-Term Income

By Nowack & Olson, PLLC |

When a person’s expenses exceed their income, it is natural to feel stressed. Getting out from under debt—or even buying this week’s groceries—might seem like an impossible task. Nevertheless, there are some simple ways to earn extra money that do not require that you go get a four-year college degree. Instead, try one of… Read More »

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Buying a Car After Bankruptcy

By Nowack & Olson, PLLC |

Bankruptcy provides a fresh financial start for millions of Americans. However, bankruptcy comes with a downside—shredded credit, which makes it very difficult for those who recently filed bankruptcy to get a loan, even for a necessity such as a vehicle. Unfortunately, life does not stand still after bankruptcy. People still need a mode of… Read More »

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Continuing Your Business in Bankruptcy: Is this Possible?

By Nowack & Olson, PLLC |

According to news reports, staff at Weinstein Company are continuing to report to work even though the company filed for bankruptcy protection after the exposure of founder Harvey Weinstein’s sexual misconduct. If you are a business owner, you might wonder how this is possible? Actually, a Chapter 11 bankruptcy exists precisely so that businesses… Read More »

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