Category Archives: Bankruptcy
Will I Lose My Car in Bankruptcy?
Bankruptcy can give you a fresh financial start, but it has some nasty side effects you should know about before filing. One concern many clients have is whether they will lose their vehicle if they file for bankruptcy. Without a car, it can be very difficult to get to work and meet family obligations,… Read More »
Will Filing for Bankruptcy Affect Your Career?
One reason people are afraid to file for bankruptcy is the belief that it will negatively impact their careers. Most people have some sense that a bankruptcy will be reported on their credit report and that many employers pull credit reports before hiring. It is a perfectly valid concern to have, but it shouldn’t… Read More »
Can Bankruptcy Help with Federal Tax Debts?
Of all the debts people owe, federal tax debts are some of the most worrisome. Uncle Sam insists on being paid. The federal government has shown little hesitancy placing liens on people’s properties and garnishing their wages. Could a bankruptcy help? Generally, you cannot get rid of federal tax debts in bankruptcy, but a… Read More »
Can I Discharge a Court Judgment in a Bankruptcy?
Bankruptcy is an efficient and quick way for Florida residents to wipe out most unsecured debt, like credit card debt or medical debt. But what about court judgments? If you lose a lawsuit, the court will enter judgment against you, which tells you how much money you need to pay to the person who… Read More »
How Debt Negatively Affects Your Marriage
Couples have enough trouble keeping their marriages together today. With work, child care activities, and taking care of elderly relatives, couples rarely have enough time for themselves anymore. Unfortunately, debt is another burden for married couples, and it can easily lead to a divorce. In fact, financial difficulties are one of the major reason… Read More »
Discharging Student Loans
According to statistics, Americans owe more on student loans than they do any other type of loan apart from mortgages. Indeed, student loan debt has risen much faster than other forms of debt and today totals almost $1.5 trillion. You might think that you can discharge student loans like you can any other unsecured… Read More »
Consolidating Credit Card Debt with a HELOC Is a Terrible Idea
Consumer credit card debt continues to climb. In December 2017, consumer credit grew by $18.4 billion to a total of $3.841 trillion. Distressed consumers might be considering debt consolidation with a home equity line of credit (HELOC) or home equity loan. No matter how precarious your finances, using your home to consolidate credit card… Read More »
The Benefits of Hiring a Florida Bankruptcy Attorney
This is definitely a Do-It-Yourself culture. Many Floridians write their own wills, file their own divorce papers, and bring cases in small claims court, all without the help of a lawyer. But a bankruptcy case is different. Not only do you want to get it right the first time, but studies reveal that you… Read More »