With businesses closed during the coronavirus pandemic, many people in Florida have ended up unemployed. According to the United States Department of Labor, the total number of Americans who have filed for unemployment is approximately 22 million individuals, or 13.5% of the workforce. With this number anticipated to increase even further, many people […]
People in Florida who have existing judgments or liens often hesitate to file for bankruptcy. After all, many of these people believe that these types of legal instruments are final and that it is too late to pursue a good credit report. This is a misconception, however. The following reviews some important information to consider […]
As tax season looms, you likely have given some thought to your current financial situation. If you have encountered the problem of not being able to pay your income taxes this year, you might be considering various options, including filing for bankruptcy. While you consider how to respond to this situation, you should review […]
Life is hectic. If you find yourself unable to face some of the debts that you owe, remember that you are not alone. For many people, filing for bankruptcy can offer substantial relief and a second opportunity to rebuild credit. While a bankruptcy lawyer can handle the legal issues involved with your case, it can […]
When people struggle with insurmountable debt, bankruptcy can be a useful tool in getting back on track. The bankruptcy process is not something to be undertaken without consideration, however. It is a big deal and requires a significant commitment. To this end, it is critical to understand exactly what bankruptcy can and cannot do. […]
While many people who file for bankruptcy understand the basics of the process, people frequently have questions about how specific types of property are handled. If you own a rental house, property, or commercial unit, it is important to consider how these types of property will be affected if you file for bankruptcy. Chapter 7 […]
Among the numerous questions that people ask about Chapter 7 bankruptcy, one of the most common is whether a person is a good candidate for Chapter 7. The answer to this question depends on a number of complex factors, which we will review below. Do You Own Property? If you do not have a […]
Not only is bankruptcy a financially difficult arrangement, it can also result in a number of negative emotions. While some people experience a period of relief after filing for bankruptcy because there are no longer creditors to harass them, other individuals can feel stressed out and overwhelmed by the complex legal process and the […]
The bankruptcy process can be quite complex. For this reason, there are a number of common misconceptions about bankruptcy that should not be perpetuated. The following will take a look at the reality behind some of the most common myths that are shared about the bankruptcy process. You Will Never Have Good Credit After Filing […]
Filing for bankruptcy is a significant life event that can have a devastating impact on your credit score. For some people facing serious financial difficulties, however, bankruptcy is the best option for paying off debts, obtaining financial relief, and getting a new start at building a good credit score. Despite the advantages of bankruptcy, there […]
