Category: Bankruptcy

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The most commonly filed bankruptcy chapter are chapter 7 and chapter 13, so we will compare these two in this article. Aside from these two chapters, chapter 11 is available for businesses or individuals who do not qualify for chapter 7 or 13; chapter 12 is available for farmers and…

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With so many retailers having filed bankruptcy this past year, including BCBG, Payless, Toys R Us, and Radio Shack, to name a few, it is no surprise, that sometimes, unfortunately, businesses can fail. Continuing to operate a small business that is in debt, while dodging aggressive creditor collection efforts, is…

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Benjamin Franklin said there were only two things certain in life: death and taxes. After all, it was not murder or racketeering but rather, tax evasion, that ultimately led to Al Capone’s capture. There is no question tax debt can be a source of sleep deprivation for many. I find…

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If you are being sued by creditors for debts you owe, the end result may be wage garnishment or bank levies, which may have a devastating impact on your life. If you are facing this situation, chances are you cannot afford to have bank accounts seized or 25 percent of…

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A lien gives a creditor the legal right to seize and sell the collateral property of a borrower who has defaulted on a loan. A judgment or judicial lien is a lien placed against the property by court order, typically as the result of a lawsuit against an individual who…

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Don’t let the stigma of bankruptcy keep you from solving your financial problems! The experienced South Florida defense attorneys at Loan Lawyers are here to help you if your financial position necessitates the consideration of a bankruptcy case filing under Chapter 7, 11, or 13. To schedule a free consultation…

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Before filing for bankruptcy, the individual seeking debt relief must receive credit counseling from an agency approved by the Bankruptcy Court. During bankruptcy, debtors must complete a course on debt management before their eligible debts may be discharged. If you are considering a bankruptcy filing in Florida, you need to…

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The experienced South Florida defense attorneys at Loan Lawyers are here to review a difficult financial situation to assess all of your available options. Our Fort Lauderdale debt relief attorneys help individuals with financial problems that cause hardship. When a court renders a decision, it does so in the form…