Many Florida residents will be able to breathe a sigh of relief over their student loans. The Biden administration recently announced that it has instituted loan forgiveness for over 100,000 borrowers who attended ITT Technical Institute schools prior to graduation....
Bankruptcy
Is student loan debt relief on the way?
Many Florida residents struggle with excessive and unrepayable debt, and student loans often form a large portion of that burden. Student loans have been exempted from bankruptcy protection, which means that even people who have their credit card bills, medical debt...
Some myths about bankruptcy in Florida
Bankruptcy gets a terrible rap in Florida. Of course, no one wants to be in a financial hardship that forces them to file for bankruptcy, but if you do, it is a powerful tool to get your life back on track, and you end up becoming more financially adept. That said,...
Your rights if a creditor violates an automatic stay
If you have been unable to relieve your debt by all other means in Florida, you might want to file for bankruptcy. Once you file for bankruptcy, an automatic stay is put in place by the court to eliminate collection efforts. Unfortunately, there are times when...
How long does it take to complete bankruptcy in Florida?
Filing bankruptcy can be a long and sometimes complicated process. A lot of factors can impact the length and duration of your bankruptcy proceedings, like the type of bankruptcy you filed and the assets you own. If you filed a bankruptcy in the state of Florida...
Filing Chapter 13 bankruptcy after Chapter 7 bankruptcy
Filing for bankruptcy in Florida or another state is never a decision to take lightly. However, it can be a good option to start over fresh with your finances if you cannot settle your debts in any other way. You may wonder if you can convert your bankruptcy by filing...
An overview of business bankruptcy
Businesses in Florida can face overwhelming debt, and the owners might consider filing bankruptcy. Bankruptcy is a legal process that allows businesses to get relief from some debts. The process works similar to individual debtors with some variations. Chapter 7 for...
Debts that won’t go away in bankruptcy
Filing for bankruptcy may make it possible to eliminate credit card, medical or other debt balances. In some cases, it may be possible to do so without losing assets such as your Florida home. However, there are some debts that you cannot eliminate regardless of...
Is Chapter 13 bankruptcy right for you?
Florida residents who have found themselves under a massive load of debt with no way out may consider bankruptcy. While this type of financial move should never be taken lightly, it can be a necessity for some people. There are many different types of bankruptcies out...
Bankruptcy vs. debt settlement
Some Florida consumers who are overwhelmed with unmanageable debt hesitate to file for bankruptcy protection because of the stigma and a belief that debt settlement might be a better option. However, debt settlement has several drawbacks that you should understand...

