On behalf of DiTocco Law Group, PLLC | Feb 21, 2020 | Bankruptcy
Some Florida consumers are struggling with overwhelming debt that is difficult to repay, especially in the months following the holiday season. According to the Federal Reserve, credit card debt rose by the largest sum in a single month in over 20 years in December...
On behalf of DiTocco Law Group, PLLC | Feb 6, 2020 | Bankruptcy
Florida residents and others who owe money to creditors could be contacted by a debt collection agency. A debt collection agency must generally follow Fair Debt Collection Practices Act (FDCPA) guidelines when interacting with a debtor. Under FDCPA rules, a debtor...
On behalf of DiTocco Law Group, PLLC | Dec 19, 2019 | Bankruptcy
While living with some form of debt is normal in today’s society, life can get difficult when one’s debt grows and consumes most or all available funds. Consumer debt is a major issue. However, it is not the only major source of debt plaguing individuals...
On behalf of DiTocco Law Group, PLLC | Dec 5, 2019 | Bankruptcy
With holiday shopping in full swing, many are more self-aware of their spending and current debts. Credit card debt can create many burdens, but this is not the only type of debt that can weigh a person down for a long duration. More significant debt, such as a...
On behalf of DiTocco Law Group, PLLC | Nov 7, 2019 | Bankruptcy
While California tops the list for the highest number of bankruptcies in a state, the state of Florida comes in second. On average, around 94,000 individuals in Florida file for bankruptcy each year. This is a large number of people dealing with financial troubles....
On behalf of DiTocco Law Group, PLLC | Aug 29, 2019 | Bankruptcy
Although unemployment remains low and wages continue to rise, the number of people in Florida who are filing for bankruptcy is on the uptick. According to numbers reported by a major Florida media outlet, bankruptcy filings have increased by 11 percent across the...
On behalf of DiTocco Law Group, PLLC | Aug 2, 2019 | Bankruptcy
South Florida residents would be aware that the two most common methods of filing for bankruptcy are under Chapter 7 and Chapter 13 of the United States Bankruptcy Code. While both of these methods are established debt relief methods, there are several differences...
On behalf of DiTocco Law Group, PLLC | Jun 20, 2019 | Bankruptcy
Many people in South Florida have either faced creditor harassment in the past or are facing it currently. In addition to the notices sent by creditors and collection agencies, those people have to deal with incessant telephone calls and messages, not just to...
On behalf of DiTocco Law Group, PLLC | May 24, 2019 | Bankruptcy
Financial challenges arising out of accumulated debt are sometimes so overwhelming that many people find it difficult to cope with the pressures and force themselves into filing for bankruptcy. Bankruptcy is definitely a foolproof way of eliminating debt but a person...
On behalf of DiTocco Law Group, PLLC | Apr 22, 2019 | Bankruptcy
As a law firm focused on helping individuals understand their legal rights under Chapter 7 and Chapter 13 of the bankruptcy code, one of the recurring remarks we hear is that people never thought they would utilize this option. In fact, a recent article...
