If you find yourself drowning in phone notifications or letters from debt collectors, you may consider filing for bankruptcy. With unprecedented rental rates, wage stagnation and grocery costs, you are not alone. It is understandable if you find yourself financially...
Part of the bankruptcy process in Florida involves appointing a trustee. This is a person appointed by the bankruptcy judge. The trustee’s job is to manage your bankruptcy filing. A trustee is a neutral party, meaning they do not act on your behalf or on behalf of...
Although referred to as either a “liquidation” or “straight” bankruptcy, fewer than one in 20 experience total loss. What is the reason? Federal and state exemptions to income are accessible by creditors. State law determines whether the debtor can choose between...
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...
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...
If having too much debt has caused your stress levels to skyrocket, you probably appreciate having a dog by your side. After all, according to Johns Hopkins Medicine, companion animals reduce a person's production of certain stress hormones. Still, proactively dealing...
Filing for bankruptcy under Chapter 7 prevents debt collectors from contacting debtors and garnishing their wages. After the case is resolved, a court order may clear medical debt, personal loans, credit cards and other unsecured debts. Spending money, in some...
For most residents of southeastern Florida, the decision to file a petition for relief under Chapter 7 of the United States Bankruptcy Code is an attempt to cancel as much of their financial obligations as possible. Still, a valuable section of the code is the...
During these trying times, for many in our state, debts are piling up. These include medical debt, student loan debt, credit card debt, etc. Times are tough, and when times are tough, our financial lives usually suffer. This is when bankruptcy may become a viable...
Filing for bankruptcy once came along with a notable stigma. However, these days, more and more people learn that bankruptcy serves as a perfectly reasonable tool for leaving behind debt. On top of that, it also offers protection from one thing that every person in...
