Category Archives: Bankruptcy Law
The Pros And Cons Of Filing Bankruptcy
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 »
Five Things To Know If You Are Thinking About Filing Bankruptcy
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 »
Busting The Biggest Bankruptcy Myths
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 »
When Is It Time To Consider Bankruptcy?
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 »
Exemptions In Florida Bankruptcy
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 »
Filing Chapter 7 Bankruptcy? Know The Pros And Cons
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 »
The Long-Term Advantages Of Chapter 13 Bankruptcy
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 »
Important Dos And Do Nots When Filing Bankruptcy
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 »
Can You Discharge Student Loans Through Bankruptcy?
Student loan debt in the United States exceeds one trillion dollars, and that debt is debilitating for many people that are just starting out in their adult lives. For many, the cost becomes too great to bear along with other daily living expenses and costs. It is no surprise then, that so many people… Read More »
Will Filing For Bankruptcy Affect My Job?
Bankruptcy provides a fresh start and great financial relief for people that are drowning in debt. Although the law provides this legal option for getting back on your feet financially, it is important to know that not everyone may be supportive of your decision, including your employer. It is not uncommon for people to… Read More »
