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Category Archives: Bankruptcy Law

Bank17

The Biggest Bankruptcy Myths, Busted

By Anderson & Ferrin |

Bankruptcy provides borrowers with a chance to discharge their debt so they can get a fresh financial start. Unfortunately, there are many reasons people are hesitant to file bankruptcy. Many of these reasons stem from the fact that there are so many myths and misconceptions surrounding bankruptcy, and borrowers tend to believe them. Below,… Read More »

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MoneyGavel

Things Not To Do Before You File Bankruptcy

By Anderson & Ferrin |

It is always a difficult decision to file bankruptcy, but it can provide the fresh financial start you need. As you go through the bankruptcy process, there are many things you should do to ensure that your debt is discharged or reorganized. However, there are also many things you should avoid doing, as they… Read More »

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Bankruptcy20

The Pros And Cons Of Filing Bankruptcy

By Anderson & Ferrin |

When considering whether or not to file bankruptcy, many people only think about getting their debts discharged. Although this is the main reason for filing, there are other benefits that filing a Chapter 7 or Chapter 13 bankruptcy can bring. Unfortunately, there are also some downsides and it is important to know what these… Read More »

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BankFile

Five Things To Know If You Are Thinking About Filing Bankruptcy

By Anderson & Ferrin |

Bankruptcy is often a great way to clean your financial slate and start fresh. However, the process is also largely misunderstood. Filing bankruptcy is not as simple as just filing paperwork before the court discharges your debt. If you are thinking about filing bankruptcy, below are five important things to know. The Process is… Read More »

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Bankr22

Busting The Biggest Bankruptcy Myths

By Anderson & Ferrin |

COVID-19 has hurt businesses and taken the livelihoods of too many people in Orlando, and throughout the entire state, over the past two years. It is no surprise then, that many Floridians are starting to consider bankruptcy as a way to eliminate their debt and get a fresh start. Still, there are a lot… Read More »

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Bankruptcy18

When Is It Time To Consider Bankruptcy?

By Anderson & Ferrin |

Deciding to file for bankruptcy is very difficult, but it is just as difficult to realize when you have to at least start considering it as an option. Bankruptcy is a very good way to clean your financial slate and get off to a fresh start. However, there are some drawbacks to the process,… Read More »

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Bankr19

Exemptions In Florida Bankruptcy

By Anderson & Ferrin |

Filing for bankruptcy in Florida is largely like filing in any other state, as debtors must follow federal law. However, Florida law outlines bankruptcy exemptions within the state that must be applied for anyone filing bankruptcy in the state. Fortunately, the exemptions allowed by state law are more liberal than those in other states,… Read More »

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Bankr29

Filing Chapter 7 Bankruptcy? Know The Pros And Cons

By Anderson & Ferrin |

If you are suffering from a large amount of debt, you may have already considered filing Chapter 7 bankruptcy. Filing Chapter 7 bankruptcy does allow you to start over again financially with a clean slate, if you successfully discharge most of your debt. While it is easy to focus on this one benefit, there… Read More »

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Chapter13

The Long-Term Advantages Of Chapter 13 Bankruptcy

By Anderson & Ferrin |

People that are considering filing bankruptcy often first think of filing Chapter 7. A Chapter 7 bankruptcy will discharge most, if not all, of your debt and allow you a fresh start with a clean financial slate. Those that do not pass the Chapter 7 means test, or that otherwise do not qualify, may… Read More »

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FileBank

Important Dos And Do Nots When Filing Bankruptcy

By Anderson & Ferrin |

Bankruptcy is a good solution for those that find they cannot pay their bills due to a large amount of debt. However, the process is not as simple as it may seem at first. There are many steps you should take, and some you should avoid, to give you the best chance of discharging… Read More »

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