Although bankruptcy in Florida can certainly help you ease up your financial obligations, the fact is that serious consequences also come with it. One of the most common issues people who file for bankruptcy will face is having a difficult time being approved for a...
Month: October 2020
What to know about declaring bankruptcy
Consumers who have large debts could try negotiation with creditors. If they see no way of paying those debts, bankruptcy in Florida could be an option. Bankruptcy legally erases certain debts, but it often comes with consequences. Understanding how bankruptcy works...
How bankruptcy works for independent business owners
Bankruptcy law in Florida gives debtors as well as business owners a legal way out of debt. Chapter 7 and Chapter 13 bankruptcy are two common options, but they don't work the same way. Since each situation differs, a business owner may qualify for one type over the...
Beating credit card debt
A recent study indicates that the average US household has more than $15,000 in credit card debt. That amount of debt is already an alarming number, but when you consider the fact that most credit card balances add interest every month, it can become even more...
What happens to a leased car after you file for bankruptcy?
If an individual is having trouble managing their debts, they can file for bankruptcy as a last resort. Filing for Chapter 13 bankruptcy in Florida gives an individual the chance to pay off their debts over a period of three or five years. If a leased vehicle is part...