Tampa Bankruptcy Law Blog

What is a Bankruptcy SOFA?

Law Offices of Robert M. Geller, P.A.

Jul 10th, 2020

Chapter 13, Chapter 7, Debtor Rights, Helpful Bankruptcy Tips, Personal Bankruptcy

Bankruptcy SOFA Filing for bankruptcy requires a lot of paperwork. The majority of bankruptcy paperwork includes schedules that list your debts, income, expenses, and assets. The bankruptcy court reviews this information and uses it to assess your financial situation. It’s then used to determine if your debts are discharged. In addition to the schedules, you’ll […]

Tags: bankruptcy, bankruptcy procedure, Bankruptcy Process, Bankruptcy Questions, filing for bankruptcy, personal bankruptcy, SOFA, statement of financial affairs

What is a Preferential Transfer?

Law Offices of Robert M. Geller, P.A.

Jun 30th, 2020

Personal Bankruptcy

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 […]

Tags: bankruptcy, Bankruptcy Attorney, Bankruptcy Fraud, Chapter 13, Chapter 7, credit cards, debt collectors, filing for bankruptcy

What Does Presumption of Abuse Mean and What’s Its Role in Bankruptcy?

Law Offices of Robert M. Geller, P.A.

Jun 12th, 2020

Debtor Rights, Helpful Bankruptcy Tips, Personal Bankruptcy

Presumption of Abuse Deciding to file for bankruptcy is an intimidating experience. It becomes even more so as the process moves forward and various new and unfamiliar terms become commonplace, such as the presumption of abuse. This is one of the reasons it’s so helpful to work with a bankruptcy attorney. Someone will be there […]

Tags: Bankruptcy Discharge, Bankruptcy Fraud, Bankruptcy Questions, filing for bankruptcy, presumption of abuse

What Happens If You Miss Your 341 Meeting?

Law Offices of Robert M. Geller, P.A.

May 23rd, 2020

Credit Card Debt, Debt Relief, Personal Bankruptcy

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 […]

Tags: 341 bankruptcy meeting, 341 meeting, Bankruptcy Counseling, Bankruptcy Discharge, Bankruptcy Emotions, Bankruptcy Fraud, Chapter 13, Debt relief, filing for bankruptcy, personal bankruptcy

3 Things to Help You with Post Bankruptcy Credit Repair

Law Offices of Robert M. Geller, P.A.

May 16th, 2020

Chapter 13, Chapter 7, Credit Recovery, Credit Score, Personal Bankruptcy

Bankruptcy Credit Repair One of the biggest challenges you’ll have post-bankruptcy is getting credit extended to you. But for most people post-bankruptcy, it’s not that they can’t get credit; it’s that they can’t get credit worth having. The cost of credit extended to people after bankruptcy is just too expensive. This is why post-bankruptcy credit […]

Tags: bankruptcy credit repair, Bankruptcy Process, consumer debt, credit repair, credit score, filing for bankruptcy, personal bankruptcy

What is the Real Reason People are Filing for Bankruptcy?

Law Offices of Robert M. Geller, P.A.

May 11th, 2020

Chapter 13, Chapter 7, Debt Relief, Helpful Bankruptcy Tips, Personal Bankruptcy

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 […]

Tags: bankruptcy, Bankruptcy Attorney, Bankruptcy Questions, debt collectors, Debt relief, filing for bankruptcy, medical bankruptcy, medical bill, personal bankruptcy

What You Need to Know about Bankruptcy Court

Law Offices of Robert M. Geller, P.A.

Apr 30th, 2020

Chapter 13, Chapter 7, Debt Relief, Helpful Bankruptcy Tips, Personal Bankruptcy

Bankruptcy Court Bankruptcy is a process that many people find intimidating. In part, this is because they must turn their financial information over to the court system. Bankruptcy court oversees your case when you file. Filers must operate within the letter of the bankruptcy law once they file. Understanding how the bankruptcy court system works […]

Tags: Bankruptcy Attorney, bankruptcy court, bankruptcy procedure, Bankruptcy Process, Bankruptcy Questions, Chapter 13 bankruptcy, Chapter 7 bankruptcy, filing for bankruptcy

What You Need to Know Before Filing for “Medical” Bankruptcy

Law Offices of Robert M. Geller, P.A.

Apr 19th, 2020

Chapter 13, Chapter 7, Credit Card Debt, Credit Score, Debtor Rights, Helpful Bankruptcy Tips, Personal Bankruptcy

Medical Bankruptcy Healthcare costs are one of the biggest expenses modern-day Americans face. It leads many people to wonder if medical bankruptcy is an option. Even people who have health insurance often find themselves in serious debt after dealing with a medical crisis. And because of this, unpaid medical bills are one of the primary […]

Tags: bankruptcy, Bankruptcy Attorney, Bankruptcy Counseling, Bankruptcy Questions, Chapter 13, Chapter 13 bankruptcy, Chapter 7, Chapter 7 bankruptcy, debt, debt management, filing for bankruptcy, medical bankruptcy, personal bankruptcy

How the Covid-19 CARES Act Affects Bankruptcy

Law Offices of Robert M. Geller, P.A.

Apr 3rd, 2020

Chapter 13, Chapter 7, COVID-19 Bankruptcy Resources, Debt Relief, Foreclosure, Personal Bankruptcy

CARES ACT Last week the president officially signed the CARES Act into law. The CARES Act, short for Coronavirus Aid, Relief and Economic Security Act, includes many provisions that affect bankruptcy cases. It also addresses bankruptcy payment plan modifications and federally backed residential mortgage loans and foreclosures and evictions. The following questions and answers will […]

Tags: Bankruptcy Attorney, Bankruptcy Process, CARES Act, Chapter 13 bankruptcy, Chapter 7 bankruptcy, coronavirus, COVID-19, Debt relief, filing for bankruptcy

9 Things You Should Know About How COVID-19 is Affecting Bankruptcy

Law Offices of Robert M. Geller, P.A.

Apr 2nd, 2020

Chapter 13, Chapter 7, Debt Collection, Debt Relief, Personal Bankruptcy

COVID-19 Bankruptcy Information COVID-19, the new coronavirus, is affecting every aspect of our lives. For many, the pandemic has been especially burdensome financially. People across the country want to know what the short- and long-term ramifications of the virus will be on their bank accounts. Many are concerned COVID-19 could drive people into bankruptcy or […]