Category: Florida Bankruptcy Law
Federal bankruptcy law gives people the right to declare personal bankruptcy and have certain debts eliminated or reduced. There is no legitimate reason for an employer or a potential employer to hold a current or previous bankruptcy against you. In fact, filing for bankruptcy should be seen as taking a responsible step toward resolving insurmountable…
Florida law allows certain creditors to garnish the wages of debtors who have fallen behind on their payments or are not actively paying down debt. Garnishment can take 25% or more from your paycheck after taxes. However, if you file for bankruptcy, most creditors will immediately be prohibited from garnishing your wages. This includes most…
Now that the COVID-19 pause on student loan payments has ended, loan holders who can’t make ends meet may be wondering: Can you file for bankruptcy on student loans? The answer is that, traditionally, student loans cannot be forgiven as part of a bankruptcy filing, but you can get the same relief by filing an adversary proceeding…
In the U.S., your financial credibility is all about your credit report and credit scores. Yet, if you are submerged in debt, and the loan sharks are after you, you might have no option except to file bankruptcy. In such cases, your credit score might plummet even further than where it is currently. And the worst…
At one point in time, every one of us, whether residing in Florida or other states, needs an experienced lawyer. It might be to write a will, make a settlement, get a divorce or child custody, bankruptcy filing, etc. When looking for a law firm that offers a wide range of legal services in Florida, you…
Life poses several challenges for each of us. One of these is finding a reputable attorney. We might need legal advice from a law firm. Or we might need an experienced lawyer to handle a personal dispute or litigation. Getting the right lawyer is crucial to winning your case or helping you with the legal…
Bankruptcy is a powerful tool that can clear debt or prevent a foreclosure. Buying a home is an important rite of passage for many Americans. Declaring bankruptcy does not automatically prevent you from buying a home. Chapter 7 and Chapter 13 are the most common types of bankruptcy filed in America. Both types of cases…
If you struggle to keep up with your debt, filing for bankruptcy in Florida may be the solution. Bankruptcy allows borrowers to stop all collection efforts and get a fresh start immediately. Phone calls, wage garnishments, foreclosure sales, and collection notices must stop immediately after filing bankruptcy. Bankruptcy also provides a discharge of debt to give…
The COVID pandemic has had a devastating impact on the health and financial stability of many Floridians. In response to the COVID pandemic, Florida issued a foreclosure moratorium. A moratorium is a temporary prohibition or suspension of an activity. The foreclosure suspension was in effect for many months but recently expired. Fortunately, there may still…
The coronavirus has had a devastating impact on the lives of countless Americans. Many have fallen ill, and others have become unemployed and are struggling to meet their financial obligations. Congress has recently enacted new laws to help homeowners struggling to pay their mortgage because of COVID. To learn more about which option may be…