Bankruptcy is not the only option for those dealing with staggering debt. Another popular option is to negotiate with your creditors to settle your debts. While debt settlement and consumer bankruptcy have the same goal -- eliminating or at least greatly reducing your...
With prices rising at an alarmingly rapid rate, it seems as though it is more and more difficult to keep up and to put food on the table. Perhaps you own a business and have for a long time. Although the business may have been doing well and turning a profit for a...
When a Florida resident considers filing a petition for discharge of debts in U.S. Bankruptcy Court, one of their first questions is whether doing so will mean they will lose their home. A related question is whether a bankruptcy filing will mean losing the family...
Recently, President Biden announced that the federal government would forgive up to $20,000 in student loans for some borrowers. Many people who have struggled to pay their student loan debt celebrated the news. Unfortunately for those borrowers, their financial fate...
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...
For some who are drowning in medical debt, seeing student loan debt forgiveness may seem galling. After all, many Florida residents feel that any debt forgiveness should start with unavoidable debt, like medical debt. Of course, many Florida residents have both...
Even though it is impossible to put a price tag on good health, maintaining a healthy mind and body can be almost unbelievably expensive. Even if you have decent health insurance, you may have to put medical care on your credit cards or take out loans to pay for...
With inflation currently at a 41-year high, you are probably struggling to pay for the food, utilities, transportation, medical care and other items you need to survive. If you have decent credit, though, you have a fallback plan. That is, you can use your credit...
Acknowledging the need for help when your debts become out of control is essential to finding a resolution. While multiple solutions exist, one size does not fit all. Various options are out there to help consumers. Finding just the right one is paramount to getting...
Filing for Chapter 7 bankruptcy may give you relief from your burdensome debts. However, you might have to sell off some of your property to pay off debt that you cannot discharge. Fortunately, state bankruptcy law allows you to exempt some of your property from...
