There are many things that bankruptcy protection can do to help struggling consumers. One way that bankruptcy protection can helping struggling consumers is the automatic stay that goes into effect once the filing party has filed for bankruptcy protection. They should...
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...
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...
