Category Archives: Bankruptcy

Home
-
Blog
-
Bankruptcy

What are exemptions in the bankruptcy process?

Bankruptcy can impact your life in a variety of ways. For many people, this is the only way that they can get control over their finances. There are a few things that people need to think about when they’re considering filing for bankruptcy. One thing…

Never assume bankruptcy is your fault

When you talk to people who could certainly benefit from filing for bankruptcy but are still hesitant to take that step, the reason for their hesitation is often that they think the whole situation is their own fault. They feel that they brought it upon…

Is my family a factor when filing for bankruptcy?

Knowing you are in an overwhelming amount of debt is stressful. While you may have moments where you think you can get back on top, there are times when you need help with your debt. When you are supporting a family, finding relief from your…

Debts you cannot discharge using bankruptcy in Florida

Being in debt can give you sleepless nights. If you are overwhelmed by debt, one of the options you may consider is declaring bankruptcy. At the very basic, bankruptcy is a legal process that allows individuals and businesses struggling with debt to find relief. However,…

Can you go to jail for your unpaid debts?

When you borrow money or receive services without paying upfront, you have a legal obligation to the creditor. If you fail to make good on that obligation by paying them back, they might ultimately need to take legal action against you. Often, before you find…

Changes in the law could help discharge student loans

Student loans have long been an issue for many people. They are usually not dischargeable in bankruptcy, so those who struggle to pay them find themselves dealing with debts that continue to grow and harassment from collections agents who want to get paid. Interestingly, the…

Can filing for bankruptcy affect my job prospects?

One reason why some people hesitate to file for bankruptcy is that they fear it might make them unemployable. Businesses sometimes run credit checks on applicants, as do those considering promoting a current employee. A Chapter 13 bankruptcy will typically stay on your credit report for seven…

Personal injury claims and bankruptcy in Florida: What to know

What happens in Florida when a personal injury lawsuit and a bankruptcy petition collide? This is a common problem for a lot of folks who find themselves in a financially difficult situation following a car crash or another accident. Understanding your rights and obligations isn’t…

Which bankruptcy is better for you: Chapter 7 or Chapter 13?

You know you probably need to file for bankruptcy, but the whole process seems confusing and intimidating — especially when you’re trying to decide whether Chapter 7 or Chapter 13 is right for your situation. Learning a little more about the differences between the two can help…

Can I discharge my student debt if I declare bankruptcy?

If you are suffering from financial distress caused by your student debt, you are not alone. Many Americans have a considerable amount of debt that they cannot pay without a severe struggle, which is why some seek help from the bankruptcy system. As a rule,…

Categories

Archives