On behalf of DiTocco Law Group, PLLC | Jul 15, 2020 | Chapter 7
Hard financial times can hit anyone. In Florida, many people find themselves so buried in debt that they file for bankruptcy. While bankruptcy can address problems with creditors, there are complex legal requirements filers must follow. The bankruptcy court may set...
On behalf of DiTocco Law Group, PLLC | Apr 14, 2020 | Bankruptcy, Chapter 7
If an individual decides to declare bankruptcy, that person’s creditors may be asked to file proofs of claim. A proof of claim document will indicate how much a creditor is owed as well as whether the debt is secured or unsecured. Creditors will also need to...
On behalf of DiTocco Law Group, PLLC | Mar 4, 2020 | Bankruptcy, Chapter 7
When Florida consumers file Chapter 7 or Chapter 13 bankruptcy petitions, what is known as an automatic stay is issued. This is a court order that requires creditors to put an immediate halt to all of their collection efforts. Automatic stays put an end to daily...
On behalf of DiTocco Law Group, PLLC | Oct 24, 2019 | Chapter 7
Dealing with financial issues is anything but desirable. However, it is a life event often experienced by individuals in Florida and elsewhere. While it is possible to overcome these debt problems on your own, the reality is that when credit card bills, medical debt,...
On behalf of DiTocco Law Group, PLLC | Sep 26, 2019 | Chapter 7
As this blog has discussed, families and individuals in Florida may suddenly find themselves overwhelmed by debt for a number of different reasons. For instance, a job loss or a medical emergency can mean that a family who was staying afloat suddenly needs financial...
On behalf of DiTocco Law Group, PLLC | Sep 12, 2019 | Chapter 7
Those in South Florida who are running into financial trouble may hesitate to file for bankruptcy for a number of reasons.Aside from a sense of embarrassment or emotional distress, many may worry that, by filing bankruptcy, they will have give up a lot of their...
On behalf of DiTocco Law Group, PLLC | Jul 5, 2019 | Chapter 7
Sometimes, debts accumulated by an individual are so high that the only way to repay the debt and make a fresh financial start is to file for bankruptcy. Those debtors who have no or negligible income can file for liquidation bankruptcy under Chapter 7 of the...
On behalf of DiTocco Law Group, PLLC | May 9, 2019 | Chapter 7
Newspapers and TV channels across the country often carry news about the debt crisis that is so prevalent in America. There are many people in South Florida too who are in the same situation. Some of those people may be planning to file for bankruptcy, or have already...
