Recent Blog Posts
How Does Filing For Bankruptcy Affect Your Career?
Everyone has the right to file for bankruptcy protection; neither the spouse nor the IRS nor anyone else has the right to stop you. Despite this, just because you file for bankruptcy protection, it does not automatically mean that the court will accept your filing. To get your bankruptcy petition accepted, you must persuade… Read More »
Another Extension Of The Student Loan Pause Gives Borrowers An Opportunity To Tackle Their Debt
In some ways, life has gone back to normal two years after Florida reported its first cases of the illness now known as COVID-19. The mask mandates are a thing of the past, classrooms are full of students, and tourists have returned to Florida’s beaches. No one knows when the next new variant is… Read More »
Can You Talk Your Way Out Of Unfair Medical Bills?
Yes, it is good news that credit reporting agencies will exclude many medical debts from your credit report. It is also encouraging that the No Surprises Act has lowered the cost of emergency treatment for patients with health insurance. Meanwhile, medical bills remain a major source of debt and financial insecurity for Floridians. It… Read More »
Florida Celebrity Bankruptcy Files: Lawrence Taylor
Anyone who watched television in the early 1990s remembers those “this is your brain on drugs” public service announcements. Those public service announcements did not mention the damage that drug addiction can do to your health, personal relationships, and finances. Rebuilding your life after achieving sobriety is no simple task, and one of the… Read More »
Trustee Alleges That Debtor Sold Its Most Valuable Asset In The Middle Of Its Bankruptcy Case
More than half of businesses close permanently within their first five years; the percentage of businesses that continue operating for many years are the exception rather than the rule. Some of the companies that have been in operation for a long time are only still around because they have filed for bankruptcy protection at… Read More »
Can Your House Get Foreclosed If You Make All The Mortgage Payments On Time?
Entering into a home mortgage agreement is many people’s dream, of which mortgage foreclosure is the corollary nightmare, but at least foreclosure is not a surprise. When you fall behind on mortgage payments, your mortgage lender lets you know immediately, and there are plenty of actions you can take before your case gets to… Read More »
Can Your Cannabis Business File For Bankruptcy In Florida?
Floridians love weed and have loved it for decades. Local lawmakers’ attitudes toward it vary from one jurisdiction to another, which is why recreational cannabis remains illegal at the state level, even though it has been decriminalized in some counties and municipalities, starting with Miami-Dade, Broward, and Palm Beach Counties in 2015. Meanwhile, federal… Read More »
Should You Reaffirm Your Debts In Bankruptcy?
When you declare bankruptcy protection, the court will discharge some of your debts. If it is a chapter 7 bankruptcy filing, it may sell some of your assets in order to settle as many of your debts as possible. The court will not sell any of your assets until after it thoroughly assesses your… Read More »
Bankruptcy Fraud Red Flags
Tax debts and criminal fines are among the kinds of debt that you cannot discharge when you file for bankruptcy protection. Another thing that filing taxes and filing for bankruptcy have in common is that it is easy to make mistakes on the paperwork, and the temptation is palpable to fib in order to… Read More »
What To Do If A Creditor Sues You
Have you ever heard someone tell a bully to pick on someone their own size? Someone should say that to businesses that sue consumers for unpaid debts. Business to consumer lawsuits have become frighteningly common in recent years. Most of the time, the court allows these lawsuits to proceed without regard to the fact… Read More »