Bankruptcy is a complicated process because it involves many different aspects of the law. It can be difficult to understand all of the legal jargon and terminology associated with bankruptcy. Misunderstandings can lead to bankruptcy mistakes. This is why it is important to consult with an experienced bankruptcy attorney. Types of Bankruptcy There are two […]
Tampa Bankruptcy Law Blog
It’s no secret that divorce can be a tough process, both emotionally and financially. One of the biggest financial burdens associated with divorce is alimony. But what happens when you’re struggling financially during your divorce and must deal with bankruptcy and alimony? What if you can’t afford to pay alimony? Can filing for bankruptcy help […]
You already know what not to do before bankruptcy, but do you know what you should do before filing? If you’re considering filing for bankruptcy, there are a few things you should do first. Here are six things to do before you file for bankruptcy: 1. Get Organized Collect all of your financial documents and […]
What do you need to know about the handling of cash assets in bankruptcy? When you file for bankruptcy, your cash becomes part of your estate. This means that the bankruptcy trustee can use it to pay your creditors. However, there are some exceptions. If you have cash in a protected account, such as a […]
Does a business bankruptcy affect my personal credit? Many business owners worry that if their business goes bankrupt, they will personally lose their homes and other assets. Will a business bankruptcy affect my personal credit? Will I lose personal assets if my business fails? Here’s what you need to know. First, do you need to […]
Most people know business bankruptcy affects your business. But what about business owners who need to file for personal bankruptcy? There are several ways that filing for personal bankruptcy can affect your business. If you are a sole proprietor, your personal and business finances are intermingled, so a personal bankruptcy filing can have ripple effects […]
If you’re considering filing for bankruptcy, it’s important to know that you can still keep your most important assets. The key is to properly utilize Florida bankruptcy exemptions. When you file for bankruptcy, your assets may be at risk. This is because the bankruptcy court will consider all of your assets when determining whether or […]
Filing for bankruptcy can be a daunting process, but there are many bankruptcy resources available to help you through it. Here are four of the best options you have for helping you learn more about and deal with bankruptcy. 1. US Bankruptcy Court The US Bankruptcy Court is a great resource for anyone considering filing […]
When you’re considering bankruptcy, it can help to know what to expect. Understanding the bankruptcy tricks and tips available to you can put your mind at ease and make the experience much easier. What are six surprising things you should know about bankruptcy? 1. You Don’t Need a Lawyer But you probably want one. While […]