Changing your approach to spending is a necessity after bankruptcy. You’ll turn over some control of your finances to the court when you file, so you’ll have no choice but to live more frugally. But it’s not all bad news. Life after filing bankruptcy is filled with a lot of positive things, too. You get […]
Many Americans wind up in debt because of medical bills. One of the most common reasons for filing bankruptcy in Florida is medical debt. Regardless of whether you’re dodging creditors calling about medical bills or you’ve received a diagnosis that you know will lead to significant medical debt, taking an assertive approach to your situation […]
If you’ve spent years saving for retirement, putting that money at risk when you file for bankruptcy is likely one of your greatest concerns. The bankruptcy liquidation of assets allows the bankruptcy trustee to take your assets and liquidate them to pay your creditors. But does this liquidation apply to your retirement savings? The simplest […]
One of the most intimidating aspects of filing for bankruptcy is protecting your assets. Worrying about whether bankruptcy puts their homes or savings at risk prevents some people from filing. Protecting bankruptcy assets is an important consideration when filing. It’s one of the reasons why working with an attorney is so important when you file. […]
Many people struggling financially avoid filing for bankruptcy because of concerns about losing important assets like their vehicles. The good news is you don’t need to lose your car when you file for bankruptcy. What assets can you keep through the bankruptcy process and how do you go about keeping them? Here’s what you should […]
Filing for bankruptcy can be an overwhelming experience. The relief you receive when you file helps you feel better about your situation, but there are also drawbacks. Filing means giving the bankruptcy court a significant amount of control over your finances and your assets. Many people wonder if hiding assets in bankruptcy is the best […]
Bankruptcy trustees gain access to a variety of your assets when you file. But what is considered an asset in bankruptcy? Is your savings account at risk and do you need to worry about the trustee taking money out of your bank accounts when you file? Here’s what you need to know. In general, you’ll […]
Student loan debt is overwhelming many people. Could refinancing be the answer to help you avoid bankruptcy if your student loans are unaffordable? Does bankruptcy clear student loans or will you be no better off than you are right now after filing? If you’ve already filed, but it did very little to ease your student […]
If you’re struggling with student loan debt and not sure what comes next, a student loan bankruptcy attorney in Florida can help you. Bankruptcy likely won’t discharge your student loan obligations, but filing frees up money to put toward your loan payments. It’s also possible to better manage your loan payments when filing for Chapter […]
Here’s what you need to know if the IRS has contacted you about tax debt. Every year the IRS contacts people regarding their income tax status. There are few things as daunting as having the IRS contact you. Most people assume it means they’re getting audited or they’ve done something wrong. In reality, the IRS […]
![Signs That You May Need to File Bankruptcy [Infographic]](https://djml3wkzi26ea.cloudfront.net/wp-content/uploads/2021/01/signs-chap7-v-chap13.jpg)
![How To File for Bankruptcy [Infographic]](https://djml3wkzi26ea.cloudfront.net/wp-content/uploads/2020/07/bankruptcy-steps-infographic-web.jpg)
