Bankruptcy: What is the Process?

For some people, filing a personal bankruptcy can provide the opportunity for them to reset their finances and give them hope for the future. It can provide a new chapter free from the debts that many times accrue through no fault of the debtor. A bankrptcy doesn’t mean a person is irresponsible; many times, unintended debts can pile up leaving few options. Medical emergencies, natural disasters with not enough insurance, and unforeseen home or car repairs are just a few of the ways unintended debts can pile up.        Continue Reading

Options for Florida Bankruptcy

Bankruptcy is something that attorneys see a lot of in the State of Florida – for example, (as reported by state courts), there were a total of almost 24,000 bankruptcy cases adjudicated at of the end of December last year in United States Bankruptcy Court for the Middle District of Florida; the third busiest bankruptcy court, of the 90 federal districts, in the nation. There are options for Florida bankruptcy.        Continue Reading

5 Ways to Improve Your Credit Score

According to statistics, the average FICO credit score is currently 695, an all-time high in the United States. Although there are different scoring models, resulting in the fluctuation of this figure by a few points, the majority fall between 660 and 720. Roughly 14% of the population does not have any credit score – this is what is labeled as “credit invisible”. Because of this, these people will have problems obtaining new lines of credit. For lenders, a credit score can determine how much of a risk a potential barrower might be. Beyond simply approving someone for a loan, a credit score can determine how big a line of credit a person can get, and most importantly, how high the interest rate will be.        Continue Reading

Should I File for Bankruptcy in Orlando?

Bankruptcy Attorney Orlando

The decision on whether or not to file some sort of bankruptcy is a big one and it will affect your finances and credit for years to come. And although the number of bankruptcies filed has been dropping in recent years, there were still over 800,000 filed in the year 2016 in the U.S. Bankruptcy in Florida, which makes it a very busy place. In January of 2018, the bankruptcy court in Orlando had 1203 Chapter 7, 26 Chapter 11 and 529 Chapter 13 cases for a total of 1758.        Continue Reading

Setting the Record Straight: Common Bankruptcy Myths You Don’t Need to Believe

For years, people have had a number of misconceptions about the bankruptcy process. In some cases, these misconceptions will cause a person not to file for bankruptcy even when they need to. Rather than letting your debts consume your life, you need to reach out to a legal professional with experience to help you file for bankruptcy. Each year, 60% of all bankruptcy filings are done by married couples. Finding ways to file for bankruptcy in an easy and comprehensive way is important and possible with the right lawyer at the helm. Read below to find out more about the common myths about filing bankruptcy.        Continue Reading