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...
Fort Lauderdale Bankruptcy Blog
How to keep your vehicle in a Chapter 7 bankruptcy
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 , or confiscation. Property that is paid off and clear of liens can be seized and sold by a...
Bankruptcies increased in August 2022
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...
How can you qualify for Chapter 7 bankruptcy?
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...
Is a wage earner’s plan an option for you in Florida?
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...
Learning how bankruptcy works
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...
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...
Why do so many people fear filing for bankruptcy?
Bankruptcy has long held a stigma among many residents of Florida and other areas. There are a variety of reasons why people fear filing, even when it’s necessary and could help them. Why do people fear bankruptcy? People often have a misconception about bankruptcy...
Get to know Florida bankruptcy exemptions
Florida is a state with its own unique set of bankruptcy exemptions. These are designed to let you create a workable payment plan. They can also help you keep as much of your property as possible. These are exemptions that you are expected to make use of if you file...
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...