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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…

Homestead Exemption to Protect Your Home When Filing Bankruptcy

When it comes to protecting equity in a home, Florida residents can get some valuable relief should they be forced into bankruptcy. Under Florida state law, a homestead exemption not only saves residents thousands in property taxes, but specifically protects the investment in a person’s property when…

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…

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…

Understanding Chapter 13 Bankruptcy

A Chapter 13 bankruptcy is, to put it simply, a type of court-supervised payment plan. When you enter into this agreement, you will pay your unsecured and secured creditors each month, based on your income and any reasonable expenses. It is a court ordered reorganization…

Should I File for Bankruptcy in 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…

Tips for Rebuilding Your Credit after Bankruptcy

In 2016, almost 1 million people in the U.S. filed for some form of bankruptcy, the most common being Chapter 7 protection, which differs from Chapter 13 in that a repayment plan does not need to be filed. Those who file for Chapter 7 will take a major hit on their…

Can Creditors Report Debts Barred by the Statute of Limitations?

Your financial well-being can take a huge hit if there is negative information on your credit report. It may disqualify you from being approved for a home mortgage or a car loan, or result in your interest rates soaring. In some cases, it may even…

Does a Notice of Garnishment Hearing Eliminate all Your Options?

As you continue to deal with the ever-mounting debt that you have accumulated, it may feel as though you can physically feel the weight of these debts. Having outstanding balances can lead to quite a bit of stress and even if you want to get…

You Can’t Just Declare Bankruptcy

There are many circumstances that people, both young and old, are facing that has them considering declaring bankruptcy. This may not be as easy as one with no experience in this area of law may believe it to be. There are many reasons to choose…

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