A Florida bankruptcy filing may not be as bad for employment prospects as originally thought. New research shows that bankruptcy in one's credit history may not materially impact their chances of being able to find a job or even keeping the one that they already have....
Month: March 2020
More older Americans filing for bankruptcy
In Florida and across the country, a growing number of Americans over 55 are filing for bankruptcy, while the rate is increasing even more quickly for those 65 and older. Since 1991, the number of people in this demographic seeking a fresh financial start has gone up...
What to know about Chapter 13 repayment plans
If you are going to file for Chapter 13 bankruptcy in Florida or most other states, you must submit a payment plan as part of the application. In some cases, you'll have 15 days from filing for reorganization bankruptcy to do so. Understanding the different types of...
The consequences of ignoring an automatic stay
When Florida consumers file Chapter 7 or Chapter 13 bankruptcy petitions, what is known as an automatic stay is issued. This is a court order that requires creditors to put an immediate halt to all of their collection efforts. Automatic stays put an end to daily...