Consumers across the U.S. borrow money every day. Some obtain unsecured loans, while others pursue secured loans. When it comes to discharge in a bankruptcy filing, the differences between the two are significant. Unsecured debt Unsecured debt is borrowed without the...
If you have recently filed for bankruptcy as a result of a divorce (pending or otherwise), your focus will likely be on your life after the process is completed. Both processes are stressful and emotional, but life after a Florida bankruptcy and divorce can be the...
Financial troubles can strike at any time. Many are not prepared to deal with this stress, especially when it begins to snowball into a larger and less manageable issue. While budgeting can aid those in Florida and elsewhere, the reality is that this is not always a...
People in Florida who find themselves in heavy debt they cannot pay often consider filing for Chapter 7 bankruptcy. Chapter 7 is a liquidation bankruptcy where they can clear unsecured debt and retain certain properties provided that are below a certain value. In many...
If you’re facing overwhelming debt, then bankruptcy might be a viable option for you to obtain relief. After all, a successful bankruptcy petition can help you rid yourself of debt, thereby aiding you in securing the fresh financial start that you want and need. That...
Many in Florida are feeling a financial pinch as the cost of living in the Sunshine State continues to rise. At the same time, hourly earnings among Florida workers have gone down from $25.12 in February 2020 to $24.82 in April 2023. This combination of a higher cost...
Filing bankruptcy is a difficult decision for those overwhelmed by significant debts. After years of trying to fix the problem and make ends meet, filing Chapter 7 or Chapter 13 was the only option left. The feeling of relief cannot be understated. However, after a...
Bankruptcy helps Floridians struggling with overwhelming debt to get a fresh start financially. One of the factors that affects how bankruptcy works is the state where the person or business files for bankruptcy. Different states have different laws and rules...
After eight student loan payment pause extensions, the Department of Education (DoE) announced that the student loan payment pause will end this year. Interest on all student loans, which the DoE paused, resumes accruing on September 1, 2023, and payment is due in...
If you’re facing debt woes, you’re probably looking for a way out of your struggle. At the same time, you might be worried about what bankruptcy will mean for your hard-earned assets. After all, some bankruptcy proceedings, such as those filed under Chapter 7 of the...
