You have made the very difficult decision to file for bankruptcy. You’re looking forward to taking back control of your life and your finances. So, why are you still receiving phone calls and letters from creditors? This is a discouraging situation. Unfortunately, it’s one many find themselves in even after…
Category: Bankruptcy
No one ever has a goal of going bankrupt. Many people will do anything they can to delay the process, although, in the end, it may be inevitable. On the other hand, sometimes people may file for bankruptcy when there are other options, such as debt consolidation, that could help….
When a borrower owes a significant amount of money to a creditor or debt collector, that agency will often garnish the borrower’s bank account. It is a drastic step, and one debt collectors are often hesitant to take. There are many Florida laws they must follow when doing so, and…
Sometimes, people find themselves in several difficult positions at the same time. This is the case when they have already fallen on financial hardship and are involved in an accident. When this is the case, accident victims often wonder what will happen to their settlement if they are successful in…
Many homeowners, unfortunately, have been on the verge of losing their homes. Some lost their jobs, others had health problems, divorce, death in the family or some other calamity in their personal lives which resulted in missed mortgage payments (or missed homeowners’ association payments) and eventually, a foreclosure final judgment…
Many people understand that when you file for bankruptcy, it does a lot of damage to your credit score. In fact, it could cause it to drop over 200 points. Although this is true, there are still many myths surrounding bankruptcy and the exact damage it does to your credit…
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 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…
Filing for bankruptcy is a great option for those who have a crushing amount of debt and don’t see a way out. However, because bankruptcy discharges debt, or allows for a longer period for you to repay your creditors, not everyone can successfully file for bankruptcy. Regardless of the type…
