Budgeting mistakes are common, especially when you’re young. Not all newlyweds are young adults, but many first-time marriages do involve people in their 20s. It’s common for newly married young adults to lack a nest and struggle to make ends meet. Learning to manage money takes time. This is why so many newlywed couples fall […]
Tampa Bankruptcy Law Blog
Personal Bankruptcy
Tampa personal bankruptcy attorney news, personal bankruptcy information and bankruptcy FAQ. Credit recovery bankruptcy help and bankruptcy filing tips from personal bankruptcy lawyers.
There’s no easy answer to the question of timing when it comes to bankruptcy. In some cases, it may make sense to file jointly to protect both spouses’ assets and income. In other cases, it might be better for one spouse to file individually. Should You File Together? The decision of whether to file jointly […]
If you’re married and your spouse has a lot of debt, you may be wondering if that debt can force you into bankruptcy. Am I responsible for my spouse’s debt in Florida? The answer is maybe. Florida is an equitable distribution state. This means that property, assets, and debt are distributed fairly during a divorce. […]
Divorce and bankruptcies are more common than many people realize. Financial problems make a stressful transition even more difficult. If you’re considering divorce and have financial problems, you might wonder if you need a bankruptcy attorney. In many cases, couples struggling with financial issues amid divorce benefit from working with a bankruptcy attorney. Your divorce […]
Seniors are at a high risk of bankruptcy, but there are ways to avoid it. What do you need to know about senior citizens and bankruptcy? Many seniors no longer earn as they once did. They are on fixed incomes, so if anything unexpected occurs, it creates a financial disaster. Even those who invested in […]
Does hiding assets in bankruptcy protect them from your creditors? If you own too many assets to qualify for Chapter 7 bankruptcy, you may still be able to file for Chapter 13. In a Chapter 13 bankruptcy, you propose a repayment plan to the court that lasts for three to five years. During that time, […]
Many retirees decide to file for bankruptcy as a way to get a fresh start. But finding the right lawyer to help you through the process can be tricky. This is especially true when filing for bankruptcy after retirement. Here are five tips for finding the best bankruptcy lawyer to help you file for bankruptcy […]
Reverse mortgages in Florida are loans that allow homeowners 62 and older to borrow against the equity in their homes. You can use the loan for any purpose, including paying off debt, making home repairs, or financing a long-term care event. How Does a Reverse Mortgage Work? A reverse mortgage works by giving the homeowner […]
If you’re struggling to make your mortgage payments, you’re not alone. As many as one in five homeowners are behind on their payments. What happens if I can’t afford my mortgage and what should I do? Here are several tips: Talk to Your Lender If you’re having trouble making your mortgage payments, the first thing […]
Bankruptcy is a great way to improve your financial situation. It’s not right for everyone though. And it means big changes in your life. But can you keep your home if you file for bankruptcy? Your home is likely your most important asset. It’s understandable why you’d be concerned about how filing for bankruptcy could […]