If you are going through a divorce and have accrued significant debt, one way of reducing your stress could be filing for bankruptcy. However, the timing of the filing is essential, which is why you should have a bankruptcy lawyer to help you through. Bankruptcy and...
CHAPTER 7
Which Type of Bankruptcy Is Right for Me?
No single form of bankruptcy for Florida individuals and businesses is universally best. Your financial situation and goals will determine what type of bankruptcy is right for you. You will also have to fulfill certain eligibility criteria to qualify for a specific...
What Are the Different Kinds of Bankruptcy?
Many people who struggle with an increasing level of unpayable debt will face this critical question: “Should I file for bankruptcy?” Bankruptcy may seem overly drastic, but in many cases, it is the most viable option to come out of a financially stressful situation....
Why You Should Declare Corporate Bankruptcy
Corporate bankruptcy Chapter 11 is a protection offered to companies that are going through financial distress. In functional terms, this bankruptcy is quite similar to Chapter 13 because these both involve a repayment plan to meet debt obligations. But the key...
I Am a Senior: Can I File for Bankruptcy?
Bankruptcy for senior citizens and retirees is a sensitive issue, and they should know their options to make a well-informed decision. While seniors can file for bankruptcy, they should do it with legal guidance from a reputable and reliable Florida bankruptcy lawyer....
The Effects of Recent Purchases on a Chapter 7 Bankruptcy Filing
While filing for bankruptcy is a difficult decision to make, sometimes it is the only recourse for deep-rooted and complex financial problems. With the threat of bankruptcy looming, many might think to spend their assets before filing is a no-brainer. Is it, though?...
Bankruptcy and Court Fines: What You Need to Know
Struggling with paying bills can be stressful. But if you are assessed with government fines your situation can get out of control quickly. Fortunately, for those in financial distress, there are ways to free yourself from debt. So, if you are struggling with debt and...
How Does Bankruptcy Affect Credit Ratings?
Filing for bankruptcy is a special decision. Bankruptcy may seem like your whole world is crashing down on top of you. But bankruptcy isn’t the entire weight of the world falling on you. Instead, it’s the weight of your debt burden being lifted from you and giving you...
Para los Floridianos, los Préstamos Escolares Permanecen Después de la Bancarrota
Con los precios de matrícula que se disparan para universidades y colegios en todo el país, incluidas las ubicadas en Miami y el sur de Florida, para alcanzar un grado académico, muchas personas se ven obligadas a tomar tanto préstamos privados como federales. Como...
PERSONAL BANKRUPTCY NOT THE KISS OF DEATH
What was once considered the credit kiss of death, bankruptcy is now being seen as a last attempt to re-organize your personal finances and take charge of your debt. For couples trying to make every last dime stretch and banks now tightening their belts on lending,...