Can a Car Be Sold Before Filing for Bankruptcy? Plenty of car owners face financial struggles and consider bankruptcy. It’s one of the most common assets bankruptcy discussed during bankruptcy and can garner a significant resale value. It’s one of the first things a bankruptcy trustee will look at when evaluating your estate in Chapter […]
Tampa Bankruptcy Law Blog
Bankruptcy Affects All Aspects of Your Life, Including the Money You’ve Saved over the Years. This is especially true if you’ve used any retirement savings, including a loan from a 401(k) plan, to help you avoid filing for bankruptcy. Sometimes, the last-ditch attempts you make to avoid filing don’t work out and you’re left dealing […]
If you’re thinking about borrowing money to pay for college or your child is thinking about college and you know a loan is your only option for paying tuition, you aren’t alone. More than half of all college students are using loans to pay for their tuition. And while there are many loan programs that […]
Despite millions of Americans struggling with student loan debt and a good deal of them defaulting on or at risk for defaulting on their loan payments, bankruptcy provides little assistance when it comes to getting the situation under control – with a few exceptions. Though it’s difficult to eliminate student loan debts in bankruptcy, it […]
Help! I Changed My Mind and I Want to Withdraw My Bankruptcy Filing for bankruptcy is a great way to pull yourself out of a dire financial situation. Unfortunately, if done incorrectly, though, bankruptcy just creates more chaos. This is often the case for people who choose to file without the support and guidance of […]
The thought of filing for bankruptcy can trigger a number of fears. Unfortunately, these fears prevent people from filing when bankruptcy would actually be a beneficial tool to help them get their financial lives back on track. One of the most common fears is whether or not the filer’s employer will know about the bankruptcy. […]
Anyone who is struggling with money has likely considered bankruptcy to some degree, but most people consider it the absolute last resort. They exhaust all of their other options and when there’s nothing left to do except give up they file for bankruptcy. Unfortunately, this approach can cause more harm than good. There are instances […]
If you’re struggling financially, chances are you know how important it is to pay your bills even if you’ve been unable to do so. The truth is paying your bills should be a priority, but there comes a time when paying your debts could work against you. How is that? If your financial situation is […]
If you are someone who has experienced a difficult financial phase, chances are you’ve considered a variety of options to ease the burden. One of the most common solutions people have for resolving their financial challenges is to take money they’ve saved and use it to pay off debt. Sometimes this is the best solution, […]