Bankruptcy

wallet, credit score and due dates after bankruptcy discharge

In its simplest form, a bankruptcy discharge occurs once a bankruptcy case is finalized and relieves you from any obligations of repaying your debt. Once your debt has been discharged, creditors cannot take any further action to collect on the debt. Creditors and debt collectors cannot call, send letters, or…

attorney holding chapter 11 bankruptcy paperwork

Recently, a Florida lender was going to foreclose on Don Ramon’s, a SoMa destination that has been extremely popular for decades. Fortunately, for the politicos and locals that loved frequenting the hot spot, it will remain open after the owner filed Chapter 11 bankruptcy. The story is not an uncommon…

mature couple considering filing for bankruptcy

If you are facing bankruptcy, you have many questions. If you are facing bankruptcy and are over the age of 65, one of those questions might be whether you are too old to file. It is true that your own life circumstances, including your age, can make a big difference…

Group of business people and lawyers discussing contract papers

Bankruptcy is a great way for some people to get rid of all or most of their debt, but the process is confusing for some. Individuals filing bankruptcy typically have questions before, during, and even after the process is finalized. If you are suffering from immense debt, below are the…

lawyer and client handshake

Many federally backed mortgage loans are currently under foreclosure moratoriums.  This means that many loan servicers are unable to file mortgage foreclosure actions against homeowners who have been unable to make their mortgage payments.  For many homeowners already in the foreclosure process, this also means that many homeowners have been…

a pen, calculator and reading glasses on bankruptcy documents.

Stigmas are very difficult to overcome, and many people believe that bankruptcy has a certain stigma attached to it. It is this perceived stigma that stops many people from taking advantage of bankruptcy and the protection it provides. Bankruptcy, however, is a right provided by the U.S. Constitution. Hundreds of…

serious worried senior couple calculating bills

If you’re having problems paying your mortgage, help is within your reach. Take heart knowing you’re not the only one scrambling to meet debt payments on the home you own – especially during the COVID-19 era. The percentage of homeowners at least one payment delinquent jumped 4 percentage points in…

past due stamp on credit card bills

The COVID-19 pandemic has hit Floridians and people throughout the country in extremely difficult ways. In April, just a few weeks after shelter-in-place orders were issued in nearly every state, 22 million people filed unemployment claims. With the virus still circulating in communities, and businesses slowly reopening or still closed,…