Category Archives: Bankruptcy Law
Filing for Consumer Bankruptcy During the Coronavirus Pandemic
If you are making plans to file for personal bankruptcy, or if you are considering your options for Chapter 7 bankruptcy or Chapter 13 bankruptcy, we know that you probably have questions and concerns about how the COVID-19 emergency will affect the bankruptcy process. You should know that you can still file for consumer… Read More »
Coronavirus Pandemic and Consumer Bankruptcy
According to a recent report in MarketWatch, millions of Americans are now jobless, including thousands of Floridians, which will likely lead to a surge in personal bankruptcy filings. Although Florida Governor Ron DeSantis only recently issued a statewide stay-at-home order, Orange County residents have been under a local stay-at-home order since the last week… Read More »
Answers to Some Frequently Asked Questions About Consumer Bankruptcy
When you are struggling with debt and considering your options, you may be wondering whether consumer bankruptcy is the right choice for you. If you do some brief research into personal bankruptcy, you will learn that there are multiple types of bankruptcy for consumers and that there are eligibility requirements. Sorting out the information… Read More »
5 Things to Know About Consumer Bankruptcy Discharges
If you are considering consumer bankruptcy in Orlando, it is important to have the information you need about bankruptcy discharges. Many people file for bankruptcy under the assumption that a discharge will be automatic and quick, while other consumers do not realize that different types of personal bankruptcy have different timelines for a discharge…. Read More »
What Are Nondischargeable Debts in Bankruptcy?
If you are thinking about filing for Chapter 7 bankruptcy in order to discharge your debts and to get a fresh start financially, it is extremely important to understand that all debt is not automatically discharged when you file for consumer bankruptcy. To be sure, certain types of debts are known as nondischargeable debts… Read More »
What is the Automatic Stay in Bankruptcy?
If you are considering filing for Chapter 7 bankruptcy or Chapter 13 bankruptcy in Florida, you may know that one of the benefits of consumer bankruptcy is the automatic stay. Under the U.S. Bankruptcy Code, the automatic stay prevents creditors from continuing to collect on debts once a debtor has filed for bankruptcy protection…. Read More »
Eligibility for Consumer Bankruptcy
If you are struggling with debt, you may be thinking about filing for consumer bankruptcy. The two most common types of consumer bankruptcy are Chapter 7 bankruptcy and Chapter 13 bankruptcy. In some cases, however, individual debtors need to file for Chapter 11 bankruptcy if they are not eligible for Chapter 7 or Chapter… Read More »
What is the Difference Between Chapter 7 and Chapter 13 Bankruptcy?
If you are considering consumer bankruptcy in Florida, you likely are wondering whether you should file for Chapter 7 or Chapter 13 bankruptcy. These are the two most common types of personal bankruptcy, and both types of bankruptcy have benefits and limitations. At the same time, both types of bankruptcy also have eligibility requirements… Read More »
Hurricanes and Home Foreclosure – how they relate
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 »
Stripping Junior Liens in a Bankruptcy
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 »
