The idea of being trapped in debt can be overwhelming and all-consuming. Financial struggles can happen to anyone through no fault of their own. If you’re dealing with financial issues, you might be wondering what’s better bankruptcy or debt settlement. What is Debt Settlement? Debt settlement involves negotiating with creditors to settle a debt. With […]
Tampa Bankruptcy Law Blog
Will Filing Bankruptcy Affect My Credit? Not paying your bills affects your credit negatively. And yet problems with credit are one of the main reasons people cite for not filing for bankruptcy. The truth is your credit will suffer when you file for bankruptcy, but that’s only a part of the total picture. How will […]
How Will Bankruptcy Affect My Job? Filing for bankruptcy raises many considerations. One of the most important is whether or not bankruptcy affects your job. Many people delay filing for bankruptcy due to their concerns about losing their job or being judged in the workplace for their financial difficulties. Although understandable, these concerns aren’t necessary. […]
COVID-19 Debt If you’re considering bankruptcy you aren’t alone. The last few months of 2020 have brought a great deal of uncertainty, most of it connected to the pandemic. COVID-19 debt is accumulating and more and more people are being affected. What are five ways the pandemic is driving people to bankruptcy? 1. Loss of […]
Bankruptcy without My Spouse Bankruptcy is an option for single people or married people to get their finances back on track. In many cases, a married person’s finances are tied to his or her spouse, so they’ll file together. But it’s possible to file for bankruptcy without your spouse and for some couples, doing so […]
Bankruptcy at Home Filing for bankruptcy at home is one of the best ways to get relief from debt. Not only does filing stop the aggressive collection efforts against you, but it also gives you a fresh financial start. It’s a tool you can use to create long-term financial change in your life. But what […]
Should I File for Bankruptcy? If you’re considering bankruptcy and you feel as if you’re the only person in the world struggling with financial obligations, you aren’t alone. Not only are you not the only person, but you also aren’t the only one who feels this way. Financial challenges that are severe enough to consider […]
341 Meetings are One of the Most Important Obligations in Bankruptcy There are several requirements you must meet when you file for bankruptcy. One of the requirements that causes the most stress for filers is the 341 Meeting of Creditors. If there is one thing that people filing for bankruptcy dread, it’s this meeting. What […]
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 […]