Bankruptcy

gavel

It’s a do-it-yourself society today and when people are filing for bankruptcy, they often don’t even think about hiring a lawyer that will help them do it. This is a big mistake. The bankruptcy rules in Florida are complex. Failing to follow them, or making even one small mistake on…

bankruptcy

Bankruptcy is a great option for those with excessive debts that they cannot pay off. However, bankruptcy is also widely misunderstood. Many think that when you declare bankruptcy, you simply no longer have to pay off your debts. Others believe the only consequences that come from going bankrupt is the…

means test

If you have fallen significantly behind on your debts and don’t see a way to pay them off, you’re likely thinking about filing for bankruptcy. This is often an ideal solution for many, as it allows them a fresh financial start and can help them get back on their feet….

chapter 7 bankruptcy

Many college and university graduates find themselves in the predicament of leaving school with high student loans and an unfavorable job market. Over time, as more debt is incurred and the student loan still looms, former students may think about turning to bankruptcy to give them a fresh start. Bankruptcy…

foreclosure notice with gavel

When a person is facing the possibility of losing their home, they will most often do whatever they can to keep it, even if it means taking drastic measures. Bankruptcy is one such action that is typically considered a last resort for most people deeply in debt. When in foreclosure,…

petition to file bankruptcy

Many people who need bankruptcy protection are struggling with garnishments or are simply unable to make ends meet. Chapter 7 bankruptcy is a good option, for those who qualify, to get a Fresh Start. A Chapter 7 bankruptcy takes approximately three months to complete and wipes out all dischargeable debt….

consumer debt

According to the Federal Reserve, for the first time in history, the collective U.S. debt surpassed $4 trillion. Pushing this number over the top are factors such as the usual fourth-quarter culprit of holiday spending, rising student loan debt, and automobile financing. High Holiday Spending Since January 1943, the Federal…

bankruptcy laws

Several changes to bankruptcy laws are in effect for 2019. The changes were decided during a legislative meeting in Q3 of 2018 with two reforms being introduced the 1st of the new year. The first reform relates to the Swiss Debt Enforcement and Bankruptcy Act while the second reform–also referred…