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...
Purchasing a vehicle can be a major deal. For some automobile owners, these are major purchases and can be a large portion of one’s monthly income when it comes to payments, insurance, gas and maintenance. Thus, when financial troubles hit, and can feel impossible to...
With the high cost of college tuition, many students have to borrow money to pay for their education. When they graduate, most students have every intention of repaying what they owe. However, sometimes the large balance in addition to the loan’s high interest rate...
Many people have debt in Miami and having debt is not always a bad thing. It allows people to make purchases they need such as homes, vehicles and many other items. People also may have some credit card debt and student loans. All of this debt is fine if people are...
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...
Deciding to file for bankruptcy is one of the most difficult decisions you may have to make. Many people struggle with the idea of giving up their most prized possessions, particularly the family home. However, there is good news. You may be able to keep your home if...
The question posed in the title of this post poses an interesting issue, because anyone can file for Chapter 7 bankruptcy. The issue many Floridians will run into after the fact, however, is that they are not eligible to seek the protections of the process. Some may...
Personal bankruptcy can be a great way to shed yourself of unwanted and overwhelming debt. By doing so, you may be able to reclaim your financial freedom as you start the next chapter of your life. But when most people think of bankruptcy, they think of middle-aged...
