Though rumors perpetuated for years paint bankruptcy in a negative light, it serves as a useful tool for anyone finding themselves in debt. Each type of bankruptcy has its own benefits and parties that it primarily serves. Chapter 13 is one of the most common types,...
When you file for Chapter 13 bankruptcy in Florida, you agree to the terms of a specific payback plan. Once you make payments on the plan for a certain period of time, your remaining debts typically undergo discharge. This process often takes about three and five...
When you file for consumer bankruptcy in Florida, you typically do so through either a Chapter 7 or Chapter 13 format. There are different benefits, drawbacks and eligibility requirements associated with each type. However, if you have concerns about potentially...
Beginning bankruptcy proceedings under Chapter 13 can help you take back control of your financial and emotional well-being. Once proceedings have begun, most collection actions and pending foreclosures are automatically paused, giving you time to put together a plan...
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...
When a Florida resident files for bankruptcy, it is because he or she is waiting for one thing to happen—their debt to get discharged. That is the light at the end of the tunnel, the destination to which all roads are leading. So what exactly does discharge mean and...
