What does it mean to “declare” bankruptcy? Your bankruptcy law attorney will help you through the process. Declaring bankruptcy is about more than just saying you are bankrupt and losing everything you have. Bankruptcy is a legal process in which you will let the court know about your current financial status. It’s not always easy […]
One of the major concerns people have when filing for bankruptcy is whether or not they will lose their assets. Florida bankruptcy law helps you protect your assets, but understanding how those laws apply to your situation can be confusing. Working with an experienced bankruptcy attorney helps you take advantage of the “secret” bankruptcy laws […]
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. […]
As advantageous as bankruptcy is when you are struggling financially, it’s still a stressful experience. Some people have a tough time reconciling that one of the best decisions you’ll ever make is also one of the most difficult and leads to weeks or months of complicated emotions. If you’re dealing with tough bankruptcy emotions and […]
Bankruptcy and Family Law If you’re like many people, the well-being of your children is your most important priority. Struggling financially doesn’t change this. Even if you are considering bankruptcy, you’ll still want to do right by your children and provide for them. What should you know about bankruptcy and family law? What if you’re […]
COVID-19 News and What’s Ahead for the New Year The latest COVID-19 news predicts that there will be a rash of bankruptcy filings in the coming months. Financial experts see many problems on the horizon as benefits and restrictions expire and no end in sight regarding the virus. There’s reason to be hopeful, but much […]
File for Bankruptcy from Home One of the most intimidating aspects of filing for bankruptcy is meeting in person with other people involved in the bankruptcy process. Though you’ll likely never have to go to court if you file, you’ll need to attend the 341 Meeting of Creditors. It’s not a formal court appearance, but […]
File for Bankruptcy from Home Filing for bankruptcy from home is one of the safest and most convenient options you have right now if you are struggling with debt. It provides you with all of the benefits of bankruptcy, but you don’t need to leave the house to complete the process. We’re currently living in […]
Preferential Transfer When you file for bankruptcy, the bankruptcy court determines the order of payments. This is true for both Chapter 7 and Chapter 13 bankruptcy. Some debts have high priority. You pay them, in full or in part, after liquidating your assets or through your payment plan. Other debts are low-priority. You pay them […]
Can Filing for Bankruptcy Help You with Unpaid Medical Bills? One of the most common misconceptions about bankruptcy is that everyone who files was irresponsible with money. Of course, there are people who file for bankruptcy because they mishandled credit cards, spent more than they earned, or failed to budget as needed. There are also […]
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