Most Floridians understand the difference between a Chapter 7 bankruptcy petition and a petition under Chapter 13. In a Chapter 7 case, the court has the power to discharge, that is, declare uncollectible, most debts of the petitioner. In a Chapter 13 case, the...
If you find yourself drowning in phone notifications or letters from debt collectors, you may consider filing for bankruptcy. With unprecedented rental rates, wage stagnation and grocery costs, you are not alone. It is understandable if you find yourself financially...
During these trying times, for many in our state, debts are piling up. These include medical debt, student loan debt, credit card debt, etc. Times are tough, and when times are tough, our financial lives usually suffer. This is when bankruptcy may become a viable...
Many first-time bankruptcy filers in southern Florida look to Chapter 7 for the complete discharge of their debts. While Chapter 7 can provide extensive relief from consumer and other kinds of debt, anyone who wishes to seek such relief must pass what is known as the...
Chapter 7 bankruptcy is a form of bankruptcy that individuals may pursue when they cannot manage the repaying of their outstanding bills and debts. In order for a Miami resident to qualify for its legal protections, however, they must satisfy the Chapter 7 bankruptcy...
Understanding The Bankruptcy Means Test If you are considering filing for bankruptcy in Florida, one of the first steps in the process is determining your eligibility. Our attorneys at help families and individuals determine if they...
If you count yourself among the many people across Florida who are struggling with mounting debt, you may be giving some thought to the possibility of filing for bankruptcy in an attempt to make your finances more manageable. While you may know that there are...
When you hear about bankruptcy in Florida, one of the main things brought up is the means test. This is a very important aspect of qualifying to file for bankruptcy. It is a two part test that takes a look at your income and expenses to determine which type...
Over the last few weeks, our blog has been examining how anyone looking to file for Chapter 7 bankruptcy must first pass a two-part bankruptcy means test designed to measure their disposable income. In our last post, we discussed the first part of the test, which is...
In our last post, we started discussing how even though people understandably want to get the Chapter 7 bankruptcy process started as quickly as possible, they must first pass what is known as the bankruptcy means test. To recap, the two-part bankruptcy means test is...
