Tampa personal bankruptcy attorney news, personal bankruptcy information and bankruptcy FAQ. Credit recovery bankruptcy help and bankruptcy filing tips from personal bankruptcy lawyers.
The rate in which consumers around the country and in Florida filed bankruptcy increased during the recession. The number of bankruptcy filings has steadily decreased, but some people believe that there may be another surge in filings. The recovering economy has some worried that consumers will once again get into serious debt. Most consumers file […]
When personal assets are at stake, there are items that can be excluded from seizure. Those who own a business are allowed to figure out what the fair market value is for items during bankruptcy. Florida business owners must claim their exemptions in order to protect their rights, otherwise, the property may be considered non […]
There are many misconceptions regarding bankruptcy. There are some residents in Florida who may be overwhelmed with debt and have reservations regarding the bankruptcy process. A commonly held belief is that those who are filing for bankruptcy are bad money managers or are making irresponsible amounts of debt. However, this is simply not true for […]
Once you reach a certain range on the balance of your medical bills, bankruptcy looms as the only viable remedy, unless of course you’re one of wealthy few. Exorbitantly-priced medical bills are expected to push 1.7 million American households into bankruptcy this year. This will mark the first time in Florida or elsewhere that medical […]
There are a lot of elderly residents in the Tampa Bay area as well as individuals seeking a friendlier climate to recover from a life-threatening illness. Our Tampa Bankruptcy Blog talks about medical debts as a factor in causing residents to seek personal bankruptcy solutions, but how great is that factor? A recent study shows […]
There is no doubt that filing for personal bankruptcy protection is a big decision. In some cases it is not the best solution, but in many other situations it is the right choice. In many other instances it would be the right choice, but a lack of information about the process might make a person […]
A probate estate and a bankruptcy estate are two very different estates with very different rules for asset inclusion, and assets included in one could have an effect on the other. Take the example of a trust: being the beneficiary of one does not mean that finances are never an issue. Take a situation where […]
Personal bankruptcy is the topic of this blog and differences between Chapter 7 and Chapter 13 filings the focus of this series. Our last post gave a little more explanation about what liquidation means in the Chapter 7 process. This post will focus on Chapter 13 — the reorganization bankruptcy. Chapter 13 is called the […]
Unmanageable debt is something that can hit those that make minimum wage and those that are considered high-income earners. It can affect small businesses, large corporations, investors and entrepreneurs. Bankruptcy is a place where they can turn to get things back under control, but there are four chapters that apply to individuals and businesses: Chapter […]
We have all heard someone — most likely our parents — tell us at some point in our lives that “the early bird gets the worm.” When we heard that phrase, it was most likely in relation to getting up with adequate time for school, showing up at an interview a little early or simply […]
![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)
