If you have had a financially comfortable life up to now, you may not be at all familiar with bankruptcy. However, if things have gone downhill lately, you may need to consider some new options. Bankruptcy is a legal process that lets a person who owes more money than...
When debt becomes unmanageable, bankruptcy offers a financial lifeline. Upon filing for bankruptcy, a person is ordinarily able to discharge — or eliminate — debts from credit cards, medical bills and other sources. One significant source of debt for some people is...
When you are overwhelmed with debt, a Chapter 7 bankruptcy can give you the relief you are looking for and allow you to start over financially. There are many requirements you must meet to qualify for a Chapter 7 bankruptcy in Florida. If you are unemployed with no...
Bankruptcy is not an attractive option, but there are times when it is the best available choice. There were 383,810 annual bankruptcy filings in this country in Sept. 2022 which is a drop from the 434,540 filings in 2021. When to file Filing for Chapter 13 bankruptcy...
One of the first questions that a potential bankruptcy petitioner asks is “will I lose my property?” The answer to this question is generally “No.” While neither Chapter 7 nor Chapter 13 necessarily results in the loss of all—or even most—of the bankrupt property, the...
Dealing with the overwhelming stress of unmanageable debt is exhausting and scary. Feeling like you’re living on the precipice for days on end can leave your nerves frayed, and you might feel like you’re never going to be able to secure the future that you want. But...
With the increasing cost of living, it is not surprising that more Floridians are experiencing overwhelming financial stress. When debts become unmanageable, many Floridians considering bankruptcy wonder how long before Chapter 7 bankruptcy can provide relief from...
Cryptocurrency reclaimed the public consciousness when a catastrophic liquidity crisis resulted in a Chapter 11 bankruptcy filing by FTX in November. That move follows two other bankruptcies by trading platforms Voyager and Celsius this past July that will likely...
Recent times have caused financial distress for many Florida residents. You may have lost a job, had trouble paying bills and accumulated a high amount of debt that you are now unable to pay. Bankruptcy is often a smart and viable option for people in this situation;...
