Many people have debt in Miami and having debt is not always a bad thing. It allows people to make purchases they need such as homes, vehicles and many other items. People also may have some credit card debt and student loans. All of this debt is fine if people are...
When a person isn’t feeling well and needs medical care, it can sometimes be expensive. Depending on the treatment, a person can easily face thousands of dollars in medical bills that he or she may be unable to pay. It can be helpful to understand some options for...
Deciding to file for bankruptcy is one of the most difficult decisions you may have to make. Many people struggle with the idea of giving up their most prized possessions, particularly the family home. However, there is good news. You may be able to keep your home if...
The question posed in the title of this post poses an interesting issue, because anyone can file for Chapter 7 bankruptcy. The issue many Floridians will run into after the fact, however, is that they are not eligible to seek the protections of the process. Some may...
Personal bankruptcy can be a great way to shed yourself of unwanted and overwhelming debt. By doing so, you may be able to reclaim your financial freedom as you start the next chapter of your life. But when most people think of bankruptcy, they think of middle-aged...
The past year has been tough on Americans, and people from many stations in life have seen their financial futures threatened by crippling medical debt, business closures, reduced hours or layoffs. When earnings go down, debt usually piles on. Florida residents who...
The automatic stay that kicks in once the filing party files for bankruptcy protection applies regardless of the type of bankruptcy the filing party files for. It can provide some immediate relief for the filing party from creditors and creditor calls while they are...
Bankruptcy is an important process that can help Miami residents get out from under their debts. There are different types of bankruptcy that debtors can pursue, and one of them is Chapter 13 bankruptcy. Unlike Chapter 7 bankruptcy, which involves the liquidation of...
There are some signs that may indicate a person’s debt level is more than he or she can currently manage. These may include the borrower spending more than his or her monthly income, using savings to cover expenses or receiving calls from collection agencies about...
These days, many people in Miami may be struggling financially but they may feel too afraid to file for bankruptcy. After all, for some filing for bankruptcy has a negative stigma and they may fear they will never recover financially from a bankruptcy filing. However,...
