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Many Florida residents file for Chapter 7 bankruptcy when their debt becomes unmanageable. Are you considering doing so? If so, you should understand what it means to get a Chapter 7 discharge. What is a Chapter 7 discharge? The discharge in Chapter 7 bankruptcy is a...
No matter how hard you work, you may find yourself suddenly unable to manage all of your bills. A sudden medical expense, reduced work hours or a vehicle breaking down often create financial emergencies. Faced with these financial disasters, people in Florida may need...
For people in Florida who have regular income but who are struggling to keep up with bills and payments, Chapter 13 bankruptcy may offer relief. With a Chapter 13 bankruptcy, also sometimes referred to as a wage-earner's bankruptcy, the filer's debts are reorganized...
Some Florida residents hesitate to file for bankruptcy for various reasons. Many of their fears are unfounded because of common myths surrounding this legal procedure. Don't let these myths prevent you from getting the debt relief you need. Bankruptcy filings are...
Many Florida residents file Chapter 7 bankruptcy out of need when they are overwhelmed by their financial obligations, and this often puts the debtor's vehicle in jeopardy of repossession or confiscation. Property that is paid off and clear of liens can be seized and...
Individuals and businesses in Florida might find themselves struggling financially. Trends show that others across the United States are dealing with debt burdens, as evidenced by a growing number of bankruptcy filings. Hard data about 2022 bankruptcy filings...
Many Florida residents struggle with debt they find unmanageable. In this situation, you might want to file for Chapter 7 bankruptcy. However, you need to know how to qualify. Understanding Chapter 7 bankruptcy With Chapter 7 bankruptcy, individuals with debt can get...
The wage earner's plan, also known as a Chapter 13 bankruptcy, is a possibility in Florida. You would be able to restructure your debts and prevent creditors from bothering you for five years. Keep your home A Chapter 13 bankruptcy gives you the possibility of keeping...
Some confusion exists about what bankruptcy entails. While most people realize that bankruptcy presents a solution for persons struggling with crippling debt, they might not know how the process works or who is eligible. In general, debtors may find filing for...
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...
