Unfortunately, many factors of your life as a teacher in Florida can come together simultaneously and make it challenging to cover all your payments. If you're in this position and have had financial pressures combating you, you may need to resort to filing...
Month: October 2021
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Does bankruptcy protect retirement assets?
Persons struggling financially might file for bankruptcy to protect themselves from creditors. Not all bankruptcy debt faces discharge, though. With Chapter 13 bankruptcy, the debtor must make monthly payments to creditors as part of the filing. Some Florida residents...
How the bankruptcy means test works
If people struggle to pay their debts, they have the option of filing for bankruptcy. Many individuals choose Chapter 7 because it discharges debts faster than Chapter 13. However, a person in Fort Lauderdale, Florida, must pass a means test to be able to file for...