When starting a new company in Florida, many choose to structure their business as a limited liability company, or LLC for short. An LLC offers several advantages over standard corporate structure as they are more flexible in terms of fiscal liability for the owning...
Fort Lauderdale Bankruptcy Blog
How do I get my car back after filing for Chapter 13 bankruptcy?
Most people cannot afford to buy a vehicle outright when they need transportation. Financing new and used vehicle purchases is standard practice. Even people with questionable credit history can qualify for vehicle financing because the vehicle serves as collateral....
Will I lose my furniture if I file for bankruptcy in Florida?
Filing for bankruptcy can help individuals who are struggling to manage overwhelming debt to secure a stronger, more stable financial future. Yet, many individuals who could benefit from bankruptcy protections hesitate to file. One common concern for those considering...
Ways debt collectors can find you
Dealing with financial problems is not an easy ride, and it only gets worse when debt collectors start repeatedly contacting you to recover debts. The incessant calls and letters can create significant stress and anxiety, often disrupting your daily life and privacy....
What will happen to my investments if I file for bankruptcy?
When facing serious financial difficulties, many people find that their last line of protection is personal bankruptcy. Whether a professional lost their job unexpectedly or someone had massive unanticipated medical costs, their debts may exceed their ability to pay....
Getting a new car in Florida while in Chapter 13
It takes roughly three to five years to complete a Chapter 13 bankruptcy in Florida. During this time, your car may develop problems that may be more expensive to repair than just getting or leasing a new one. The good thing is that a bankruptcy judge may allow you to...
Chapter 7 Income limits and other considerations
In Florida, individuals considering Chapter 7 bankruptcy may have several questions, including understanding income limits that may deem them ineligible for a Chapter 7 filing. Regardless of your income, you can file for bankruptcy. However, the court may not approve...
Get to know Florida bankruptcy exemptions
Florida is a state with its own unique set of bankruptcy exemptions. These are designed to let you create a workable payment plan. They can also help you keep as much of your property as possible. These are exemptions that you are expected to make use of if you file...
The difference between secured and unsecured bankruptcy claims
When a consumer in Florida files a bankruptcy petition, they must list their debts. A creditor also can make a claim under two main types: secured and unsecured claims. How they get treated depends on the type of bankruptcy filed. Unsecured claims Unsecured debts in...
What happens to charge-offs during bankruptcy?
If you're in the middle of financial woes and do not see a clear way out, you may be thinking about bankruptcy. One common element most people have in their bankruptcy cases are charged-off accounts. Understanding what happens with these charged-off accounts during...

