Bankruptcy can be one of the most powerful tools available to help seniors deal with financial problems. Many Tampa Bay attorneys work with seniors and help them make decisions based on their specific circumstances. What are a few of the things you should consider if you’re a senior struggling with finances and what questions should […]
Seniors declaring bankruptcy have many concerns. One of the most pressing is how their health or their spouse’s health might affect their case. It is understandable why older adults, especially those facing health concerns that might have driven them to bankruptcy, have concerns about not living long enough to complete their bankruptcy case. What Happens […]
Bankruptcy is often considered a tool used by people without money, without income, and without any financial hope. The truth is people in many different situations file for bankruptcy. This includes people with fixed social security incomes, as well as those with no job at all. Bankruptcy for low-income seniors is an option for older […]
Withdrawing money from your retirement savings is rarely advised by financial experts, even if you are facing bankruptcy. Working with a Tampa bankruptcy lawyer when you file ensures you utilize the appropriate exemptions. This protects your retirement savings from the bankruptcy court. The average person works hard for their retirement savings. The last thing they […]
Bankruptcy for Seniors Facing bankruptcy at any age is tough, but bankruptcy for seniors is especially difficult. When you’re relying on a fixed income and lack the ability and/or desire to return to the workforce, debt is challenging. This is especially true if something unexpected happens, such as a medical emergency or other significant life […]
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