Category Archives: Chapter 7 Bankruptcy

Chapter 7 Bankruptcy

Which debts can you discharge in a bankruptcy filing?

When you lose control of your personal finances, your obligations can pile up to a point where you can’t repay them. Falling a few months behind on your mortgage and your credit card bills might mean that you face aggressive collection tactics while still trying…

What if you have a personal injury when you file a Chapter 7 bankruptcy?

If you’re in a personal injury lawsuit but also facing mounting debt, you might be considering bankruptcy. Bankruptcy is often considered to be the last resort but is sometimes essential for a debtor. However, it’s important to know that already being in the process of a personal…

Filing an Orlando chapter 7 bankruptcy – sometimes it’s not necessary

A very nice Orlando couple who were convinced they needed to file a chapter 7 bankruptcy came to my office today for a consultation. Initially, it seemed that they had good reason to believe that filing a chapter 7 bankruptcy would be a good idea. Their home had been in foreclosure for sometime. …

Chapter 7 bankruptcy exemptions – getting it all under the umbrella

Understanding Chapter 7 bankruptcy exemptions is crucial for anyone considering bankruptcy.  A chapter 7 bankruptcy is based on a simple agreement with the bankruptcy court: surrender your property and you will receive a complete discharge forever for most debts, including credit card debt, mortgage debt, car loans, personal loans,…