Filing a Chapter 7 bankruptcy petition in Florida can help you manage overwhelming debt, but you must meet specific qualifications. The following points will help you understand who can qualify and a few issues that might disqualify you from a successful filing. The...
Bankruptcy
5 myths about bankruptcy
In Florida, individuals needing financial assistance to get out of their debt should not be afraid to file for bankruptcy. However, many people balk at the mention of bankruptcy because of the various myths surrounding financial assistance. Five myths about bankruptcy...
IRS tax debt settlement in Florida
Owing the IRS money is one of the most stressful experiences a person can have. They have powerful tools to collect unpaid taxes and won't hesitate to use them if you don't take action. In some cases, it may be possible for taxpayers in Florida to qualify for relief...
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...
Is debt settlement a viable option for financial challenges?
Florida consumers who are struggling with their financial obligations could feel caught in the middle. Fortunately, there are strategies that could be effective to address their situation. One that is frequently advertised is debt settlement. What are the positives...
Does bankruptcy affect child support in Florida?
Child support ensures that families in Florida can maintain a standard of living after a divorce. However, some continue to struggle with financial problems, which could mean filing for bankruptcy to receive a fresh financial start. Child support laws in Florida In...
How does proof of claim work in a Chapter 13 bankruptcy?
When debtors go through a Chapter 13 bankruptcy in Florida, creditors need to submit proof of claim to receive debt repayment. Creditors can print out form 410 from the US Courts Bankruptcy Forms page. Lien rights Secured creditors retain lien rights to keep the...
Obtaining certificates to complete the bankruptcy process
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...
How to redeem your car during a Chapter 7 bankruptcy
Filing for Chapter 7 bankruptcy in Florida means meeting certain conditions. One of the things that many people are concerned about is the possibility of having to surrender their home or vehicle. They are worried that this may be deemed necessary in order to meet the...
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...

