If you’re dealing with overwhelming debt, then you know that it can take a huge emotional toll. The sad truth of the matter is that most people who struggle with debt try for years, sometimes even decades, to find a way to claw free of the financial burdens that have...
There is no absolute prohibition on a Miami resident’s using a bankruptcy to discharge their back tax debt which they owe to the Internal Revenue Service. However, in order to take advantage of the opportunity to discharge, a Florida resident will have to meet certain...
When filing for personal bankruptcy protection, such as Chapter 7 bankruptcy, there are several layers of protection that the filing party should be aware of. One type of protection includes bankruptcy property exemptions. Some property is exempt from the Chapter 7...
Floridians who are facing mounting debt and want to get into a better financial situation may want to consider bankruptcy. Chapter 7 bankruptcy is generally the easiest way to clear what is owed including credit cards, medical expenses and other unsecured debts. Once...
Medical debt can pile up quickly and many people in Miami may have had to spend much out of their own pocket over the last year. Even those with health insurance may find that due to co-pays, high deductibles and uncovered expense that they have spent a significant...
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...
Addressing debt problems does not mean completely changing your life. Filing for bankruptcy does not equate to giving up everything. While this does mean making major financial decisions and giving up some things, it also allows filers in Florida and elsewhere to...
Florida residents who are facing financial challenges that have gotten out of control might analyze whether bankruptcy is right for them. Chapter 7 bankruptcy is generally the easiest way to get out of debt, but it is generally more appropriate for people who have...
Purchasing a vehicle can be a major deal. For some automobile owners, these are major purchases and can be a large portion of one’s monthly income when it comes to payments, insurance, gas and maintenance. Thus, when financial troubles hit, and can feel impossible to...
With the high cost of college tuition, many students have to borrow money to pay for their education. When they graduate, most students have every intention of repaying what they owe. However, sometimes the large balance in addition to the loan’s high interest rate...
