Tag Archives: South Florida Bankruptcy Lawyer
New Year’s Financial Resolution
The start of a new year is a great time to make some changes to your lifestyle so that you can be on firmer financial footing. Of course, many people fail to achieve their resolution, particularly weight loss goals. To make things manageable, we will avoid stuffing this article with hard-to-achieve goals that will… Read More »
Consumer Credit Defaults Hit Low
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 »
Can I File for Bankruptcy if I am Not Behind on Bills?
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 »
Three Questions about Secured Debt and Bankruptcy
At Nowack & Olson, many of our clients have secured debts—home mortgages and car loans primarily. Our clients are anxious to understand whether a bankruptcy can relieve them of this debt along with unsecured debts like credit card bills and personal loans. Below are answers to some of the most common questions that we… Read More »
Discharging Debts Related to Driving Under the Influence
Driving under the influence is expensive in Florida. Not only will you have to pay fines in excess of $1,000 or more, but you might also have to pay a court judgment if you injured someone while driving under the influence. Although bankruptcy can help you discharge many kinds of unsecured debts, can it… Read More »
Five Surprising Benefits of Filing for Bankruptcy
Many people understand that bankruptcy is an effective way of wiping out certain unsecured debts like credit card or medical debt. But bankruptcy also has many benefits you might never have heard of. Some of the more surprising benefits include the following. You Change the Payment Terms on Your Car Loan Many debtors are… Read More »