Filing for bankruptcy can help individuals who are struggling to manage overwhelming debt to secure a stronger, more stable financial future. Yet, many individuals who could benefit from bankruptcy protections hesitate to file. One common concern for those considering...
Bankruptcy
Ways debt collectors can find you
Dealing with financial problems is not an easy ride, and it only gets worse when debt collectors start repeatedly contacting you to recover debts. The incessant calls and letters can create significant stress and anxiety, often disrupting your daily life and privacy....
What will happen to my investments if I file for bankruptcy?
When facing serious financial difficulties, many people find that their last line of protection is personal bankruptcy. Whether a professional lost their job unexpectedly or someone had massive unanticipated medical costs, their debts may exceed their ability to pay....
Getting a new car in Florida while in Chapter 13
It takes roughly three to five years to complete a Chapter 13 bankruptcy in Florida. During this time, your car may develop problems that may be more expensive to repair than just getting or leasing a new one. The good thing is that a bankruptcy judge may allow you to...
Chapter 7 Income limits and other considerations
In Florida, individuals considering Chapter 7 bankruptcy may have several questions, including understanding income limits that may deem them ineligible for a Chapter 7 filing. Regardless of your income, you can file for bankruptcy. However, the court may not approve...
The difference between secured and unsecured bankruptcy claims
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...
What happens to charge-offs during bankruptcy?
If you're in the middle of financial woes and do not see a clear way out, you may be thinking about bankruptcy. One common element most people have in their bankruptcy cases are charged-off accounts. Understanding what happens with these charged-off accounts during...
Bankruptcy is an option with medical debts
Many Florida residents are struggling under the weight of medical debt. When one owes a lot of money because of a medical bill, bankruptcy could be an advantageous option. Medical debt is a large problem in the country as many receive surprise hospital bills after...

