When you fall far enough behind on your bills and finances, you may find that your Florida employer has no choice but to withhold some of your wages to pay off your debts. Called “wage garnishment,” the process enables your employer to withhold up to 25% of your...
For many Florida residents struggling to stay atop of their finances, filing for bankruptcy brings welcome relief. However, it may not be appropriate for everyone in all situations. If you count yourself among the many looking to make a financial fresh start through...
When you have creditors hounding you to pay back your debts, you may start thinking about filing for bankruptcy in Florida to give yourself some relief. The first time you file for bankruptcy, something called the automatic stay kicks into play, which gives you...
Many people across Florida and the rest of the nation struggle to stay on top of their bills and finances, and if you list yourself among them, you may be looking for a fresh start. Bankruptcy may provide a means through which to get your financial life back on track....
When you file for Chapter 13 bankruptcy in Florida, you agree to the terms of a specific payback plan. Once you make payments on the plan for a certain period of time, your remaining debts typically undergo discharge. This process often takes about three and five...
Escaping from a pile of debt can be extremely liberating. A chapter 7 discharge can release you from credit card debt, medical expenses and other loans you have struggled with for years. Despite the freedom you receive from erasing certain debts from your record,...
There are a wide range of factors that will ultimately affect your credit score. Such factors include but are not limited to the following: Your total outstanding debt The types of debt you have, such as student loans, car loans, home loans Your payment history and...
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...
If you have decided that filing a Chapter 7 bankruptcy improves your financial situation, you may need to navigate a series of legal forms and processes. The end goal for most filers involves an award of discharge, which releases you from certain financial...
When you file for consumer bankruptcy in Florida, you typically do so through either a Chapter 7 or Chapter 13 format. There are different benefits, drawbacks and eligibility requirements associated with each type. However, if you have concerns about potentially...
