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...
Fort Lauderdale Bankruptcy Blog
Number of Florida bankruptcies is on the rise
Although unemployment remains low and wages continue to rise, the number of people in Florida who are filing for bankruptcy is on the uptick. According to numbers reported by a major Florida media outlet, bankruptcy filings have increased by 11 percent across the...
Chapter 13 and foreclosure defense
This blog has discussed the difference between Chapter 13 and Chapter 7, which are the two types of bankruptcy most private residents of South Florida would file should they get into financial distress.Each type of bankruptcy has its advantages and disadvantages. In...
Chapter 7 and Chapter 13: differences between the two
South Florida residents would be aware that the two most common methods of filing for bankruptcy are under Chapter 7 and Chapter 13 of the United States Bankruptcy Code. While both of these methods are established debt relief methods, there are several differences...
How much debt do Americans have?
If you struggle with paying your monthly bills, you are not alone. Most Americans hold some sort of debt. And 78 percent of the American workforce reports living paycheck-to-paycheck. But how much debt does the average American have?The majority of consumer debts For...
Choose the right bankruptcy option for you: Chapter 7 or 13
If you're considering divorce, you need to think about what kind of divorce you want to go through. There are two primary forms of divorce that people tend to choose, either Chapter 7 bankruptcy or Chapter 13. Chapter 7 is also known as liquidation bankruptcy, while...
Basics of the Chapter 13 bankruptcy repayment plan
For people who are in financial duress but still hold a steady source of income, Chapter 13 bankruptcy is often the best form of debt relief. In a Chapter 13 bankruptcy filing, all the debts are combined, and the debtor makes regular payments to the bankruptcy case...
Who is eligible to file for bankruptcy under 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...
You’re not broke, so why would you file bankruptcy?
Like most Americans, you likely have substantial debt. Whether you financed your college education, underwent serious medical treatments or have a job that does not cover all your monthly living expenses, you might feel like you are in over your head financially.While...
Provisions of the FDCPA can help stop creditor harassment
Many people in South Florida have either faced creditor harassment in the past or are facing it currently. In addition to the notices sent by creditors and collection agencies, those people have to deal with incessant telephone calls and messages, not just to...

