Bankruptcy

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,…

mortgage concept and completing wooden

Filing for bankruptcy can be an effective means of managing debt that’s become more than you can bear. You’ll benefit from debt relief and a fresh financial start. You’ll be able to stop debt collectors from harassing you, taking action against you, and repossessing your property. On the downside, however,…

bankruptcy words on tag dollar note

No one ever wants to file bankruptcy but, sometimes, it is the only option. Many people understand that bankruptcy is a way for people to discharge their debt so they can get a fresh start and begin rebuilding their credit. Unfortunately, this is the extent of the knowledge many people…

A man looking at a bankruptcy document

Making the decision to file for bankruptcy is always a difficult one. Once you have determined that it is your best option, it is critical to avoid some common mistakes both before you file, and throughout the process. Aside from the enormous amount of paperwork involved, filing for bankruptcy requires…

woman preparing for bankruptcy in Florida

If you are dealing with financial obligations that you cannot afford to pay, bankruptcy may be your best option for improving your situation. While many people are hesitant to file bankruptcy, there is no reason to be ashamed about doing so. Filing bankruptcy can allow you to get a “clean…