If you are facing financial hardship, you may have been approached with the option to apply for debt consolidation. Debt consolidation involves combining your debts into one, so you have one monthly payment, but it may not be the best choice. Debt consolidation vs....
If you’ve been struggling with debt and simply don’t see a way out, then it might be time to consider filing for bankruptcy. A successful bankruptcy petition can provide you with debt relief and a fresh financial start, thus giving you a new lease on life. But if...
Many Florida residents probably think of “bankruptcy” as a scary word. After all, if you are filing for bankruptcy, things have gone quite poorly for your financial situation, right? Not necessarily. For some people who are looking at bankruptcy as an option, their...
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...
Consumers across the U.S. borrow money every day. Some obtain unsecured loans, while others pursue secured loans. When it comes to discharge in a bankruptcy filing, the differences between the two are significant. Unsecured debt Unsecured debt is borrowed without the...
Bankruptcy helps Floridians struggling with overwhelming debt to get a fresh start financially. One of the factors that affects how bankruptcy works is the state where the person or business files for bankruptcy. Different states have different laws and rules...
Financial distress between spouses can lead to marital distress, which can lead to divorce. In the divorce process, each spouse is assigned responsibility for certain marital debts. You might think that the debts assigned to your ex are their responsibility alone, but...
Personal bankruptcy is a tool for people to regroup and get back on track financially after they have been mired in debt. Wipe the slate clean and start again. But how do you do that without getting wiped out, without having your property seized to compensate...
If you are struggling with debt and looking for a way to get a fresh start, you may have considered filing for bankruptcy. But which type of bankruptcy is right for you? In this blog post, we will explain what Chapter 13 bankruptcy is, how it differs from Chapter 7,...
