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Category Archives: Bankruptcy Law

Hurricanes and Home Foreclosure – how they relate

By Anderson & Ferrin |

Hurricanes and Home Foreclosure – how they relate. There were two massive hurricanes recently that caused significant damage to many peoples home.  Hurricane Harvey and Hurricane Irma caused several people to have damage to their home, loss of belongings and loss of wages.  in addition, to the cost they spent to prepare for the… Read More »

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Stripping Junior Liens in a Bankruptcy

By Anderson & Ferrin |

Stripping Junior Liens in a Bankruptcy can be done depending on the situation.  Here is some information you need to know about lien stripping. A Chapter 13 Bankruptcy does not allow a debtor to do what is called a cram down on the mortgage balance on a primary residence; however, sometimes there is the… Read More »

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Bankruptcy in Orlando, FL

By Anderson & Ferrin |

What is a Bankruptcy? How can it help you? It is a new year and time to think about your finances.  Are you finding yourself struggling to make ends meet, falling behind on credit card payments, car loans or mortgage payments? if so, you may want to consider speaking with Orlando Bankruptcy attorney, Michael… Read More »

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Bankruptcy Lawyers in Orlando, Florida

By Anderson & Ferrin |

It is no secret that we are currently experiencing tough economic times. the Lawyers of the Law Firm of Anderson and Ferrin have helped countless Orlando residents who have suffered financially as a result. the seasoned attorneys of Anderson and Ferrin are knowledgeable in, and experienced in dealing with, various forms of Bankruptcy Law,… Read More »

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Chapter 7 Bankruptcy Orlando Lawyer

By Anderson & Ferrin |

Chapter 7 Bankruptcy is the most common form of Bankruptcy in the United States. Let an Chapter 7 Bankruptcy Orlando lawyer help guide you through the case.  In Chapter 7 Bankruptcy, the filing individual is allowed to keep certain exempt property. Some debts may also be discharged in Chapter 7 Bankruptcy, but there are… Read More »

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Chapter 13 Bankruptcy Attorneys in Orlando, Florida

By Anderson & Ferrin |

You may file for Chapter 13 Bankruptcy, also referred to as Reorganization Bankruptcy,  allows for the ability of a debtor to retain certain assets that would otherwise be liquidated by a Chapter 7 bankruptcy trustee. if you are an individual with a regular income who can pay for their living expenses but can not… Read More »

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What is Chapter 7 Bankruptcy?

By Anderson & Ferrin |

Filing for Chapter 7 Bankruptcy We are all experiencing, to some extent, snags along the bumpy economic terrain. the attorneys at the Law Firm of Anderson and Ferrin are experienced in various forms of Bankruptcy Law and can help you along the right road to financial freedom. We will protect your rights and provide… Read More »

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What is Chapter 11 Bankruptcy?

By Anderson & Ferrin |

Chapter 11 reorganization, also called liquidation bankruptcy, is filed by businesses like corporations and partnerships or individuals who owe more than approximately $1.1 million dollars of debt. What’s the difference between Chapter 7 and Chapter 11 Bankruptcy? Chapter 11 reorganization helps keep businesses afloat while they reorganize their debts and come up with a… Read More »

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Chapter 13 Bankruptcy Lawyers in Orlando, Florida

By Anderson & Ferrin |

What is a Chapter 13 Reorganization? Chapter 13 Bankruptcy is a type of personal bankruptcy that allows individuals suffering from debt to seek relief from the court. Chapter 13 will allow you to retain your assets by organizing a repayment plan based on your needs, as long as the debt is paid in full… Read More »

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How Chapter 13 Bankruptcy Works

By Anderson & Ferrin |

Chapter 13 bankruptcy is available to individuals and sole proprietors of businesses. it takes one’s salary and expenses into consideration to create a solid 3- to 5-year plan of repayment and reorganization to fit your needs.  Once your repayment plan is complete, any remaining debt (that has the capability of being discharged) will be… Read More »

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