When filing bankruptcy in Florida, you will have many questions. One of the most common questions our Fort Lauderdale bankruptcy lawyers here is whether or not they can save their homes when filing Chapter 7 bankruptcy. While you can save your property when filing Chapter 13 bankruptcy, Chapter 7 bankruptcy…
Category: Bankruptcy
Loan Lawyers, LLC is licensed to practice law in the state of Florida. If you have a legal matter that you would like to discuss and you are NOT located in Florida, please contact your state’s Bar Association to get the information of a lawyer that can assist you in…
Filing bankruptcy does provide a great sense of relief to borrowers, and allows them to get back on their feet financially. Unfortunately, too many people in Florida are surprised to learn that filing bankruptcy will not discharge every type of debt they carry. Debt incurred as a result of a…
Americans are carrying more and more credit card debt every year and for many, the burden is too great to bear. With so many more people taking on this debt every year, it also means more lawsuits are being filed every year by creditors and debt collectors against borrowers. For…
People only file for bankruptcy because they are having a hard time paying off their debts. It seems to add insult to injury, then, when these individuals in financial hardship learn that it is not free to file. There are many expenses associated with filing for bankruptcy, including filing fees,…
As you pursue a plan to consolidate your debt and pay creditors over several years in a Chapter 13 bankruptcy, you may be able to avoid liens against your secured debt. Many debtors who are going through bankruptcy utilize “lien stripping” to avoid repaying second mortgages on their real property…
The cost of healthcare in the United States is climbing, and it is one of the biggest financial burdens for Americans. In 2018 alone, medical care in the country cost $3.6 trillion. A recent Gallup poll showed that concerns about bankruptcy due to medical debt are also rising in the…
Bankruptcy is a much more complex process than simply filing and having your debts discharged or restructured. You will have to first complete many steps and one of those is obtaining a bankruptcy certificate or rather, two certificates. Bankruptcy certificates are documents that show you completed a credit counseling and…
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…
