Bankruptcy

Individuals and businesses in Florida might find themselves struggling financially. Trends show that others across the United States are dealing with debt burdens, as evidenced by a growing number of bankruptcy filings. Hard data about 2022 bankruptcy filings...

Some confusion exists about what bankruptcy entails. While most people realize that bankruptcy presents a solution for persons struggling with crippling debt, they might not know how the process works or who is eligible. In general, debtors may find filing for...

Prior to filing for bankruptcy in a Florida court, you'll need proof that you've completed a credit counseling course, and prior to obtaining a discharge in your case, you'll need to show that you have completed a debtor education course. The court will need to see...

Bankruptcy has long held a stigma among many residents of Florida and other areas. There are a variety of reasons why people fear filing, even when it’s necessary and could help them. Why do people fear bankruptcy? People often have a misconception about bankruptcy...

Debts might cause tremendous financial problems for those unable to meet their obligations. A health crisis or job loss could leave a Florida resident struggling to deal with past-due bills and collection letters. Filing for bankruptcy might provide a way to solve the...

Filing for bankruptcy may be an effective way to reduce or eliminate debt balances without losing property such as a car or Florida home. However, there is no guarantee that you will actually receive any relief after doing so. Let's take a closer look at the debts...

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...

Filing for bankruptcy may result in the loss of a Florida home, a vehicle or other assets. However, it may also eliminate credit card, medical or other debt balances that may be stopping you from creating a stronger financial future. Let's take a closer look at why...