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Category Archives: Chapter 7

One man’s Chapter 7 didn’t tell whole story

By Nowack & Olson, PLLC |

The process of filing for bankruptcy can be long and complicated in some cases. In fact, anyone considering bankruptcy in Miami, Florida, is advised to first consult with an experienced bankruptcy law lawyer in order to determine whether Chapter 7 bankruptcy is the best option for them, as well as guarantee that the process… Read More »

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Bankruptcy: the true cost of medical bills

By Nowack & Olson, PLLC |

For the countless Miami, Florida, residents contending with substantial medical-related debts, the gravity of the issue is well understood. In fact, it’s no surprise to many Americans that financial challenges stemming from unmanageable medical bills account for a huge percentage of Chapter 7 bankruptcy cases filed every year. That is why seeking the advice… Read More »

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The truth about filing for bankruptcy

By Nowack & Olson, PLLC |

For many people living in Broward County, Florida, filing for bankruptcy implies negligence or failure to manage one’s personal finances correctly. Those that have faced serious financial challenges in recent years understand, however, that there are instances where Chapter 13 and Chapter 7 bankruptcy are the most effective and responsible options available to individuals… Read More »

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Debt relief in the form of healthcare reform

By Nowack & Olson, PLLC |

No doubt, the passage of the Affordable Care Act (ACA) has garnered a great deal of approval and criticism from residents throughout Fort Lauderdale, Florida, and beyond. Families around the country are weighing their healthcare options and deciding on which plans best suit their specific medical needs and finances. And while politics tend to… Read More »

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Unpaid student loans and prospective debt relief for the masses

By Nowack & Olson, PLLC |

While families all throughout the state of Florida and beyond are facing serious financial difficulties, there is evidence to suggest that an entire demographic of debtors has emerged across the U. S. that may influence politics and the economy for years to come. For the majority of people that have accumulated large amounts of… Read More »

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Who knows what about Chapter 7 bankruptcy?

By Nowack & Olson, PLLC |

While it may be true that most people living in Broward County, Florida, have a general understanding of what bankruptcy is, many may not be clear about what the actual process involves and accomplishes. That is why it can be very helpful to address common questions and misconceptions about Chapter 7 bankruptcy. The findings… Read More »

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Don’t let medical expenses lead to bankruptcy

By Nowack & Olson, PLLC |

No one should ever be confronted with the dilemma of choosing between necessary medical treatment and financial crisis, but that is the issue that countless Florida residents face every year. Individuals that do not currently have insurance coverage typically have to consider how medical expenses will affect their financial situation, and often times avoid… Read More »

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Finally realizing that fresh financial start

By Nowack & Olson, PLLC |

Many Fort Lauderdale, Florida, residents have personally experienced serious financial difficulties in recent years. In fact, countless people are just beginning to rebuild their credit ratings after seeking debt relief through foreclosure and/or Chapter 7 bankruptcy. This is a good time, then, to explore options and time frames for applying for home loans following… Read More »

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Bad weather can bring a host of financial challenges

By Nowack & Olson, PLLC |

It may be true that places like Fort Lauderdale and Miami, Florida, are exempt from dealing with many of the harsh winter conditions that strike other areas of the country. After all, few Floridians are forced to contend with issues like heavy snow and drastically low temperatures. Even so, the state is familiar with… Read More »

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Will 2014 bring debt relief?

By Nowack & Olson, PLLC |

These days, most residents of Broward County, Florida, might agree that good news is appreciated wherever it can be found. Now that the new year is here and everyone seems to be taking inventory of the highlights and more trying times of 2013, it may help to gain a little perspective of how the… Read More »

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