Declaring bankruptcy is rarely an easy path to take — even if there isn’t a chance you’ll actually be able to pay back your debts. Declaring bankruptcy means your credit (and credit score) take a hit, and your ability to secure credit becomes much more difficult, if not impossible. Not to mention the public perception […]
What Are The Benefits of Declaring Bankruptcy?
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Entries by Florida Law Advisers
Knowing when it is time to file for bankruptcy is not always easy. If you are like many people who proceed with bankruptcy, there will not be one single clear sign that propels you to reach out to a bankruptcy attorney. Instead, you will likely base your decision on a combination of two or more […]
Getting out of debt can seem like an impossible task — especially if you are currently struggling to meet minimum payment obligations to your creditors. If you have reviewed your finances and find that your financial situation is worsening and there is no way you will be able to repay your debts within two or […]
Excessive debt can take its toll on your mental and physical health. If you have a lot of debt you may find yourself considering one of two options: debt settlement or bankruptcy. Choosing between these two options is a process that should be done with care, as your decision could have a long-term impact on […]
What comes first, divorce or bankruptcy? Finding yourself faced with deciding about one of these can be devastating, but when facing the prospect of both, the stress can be overwhelming. Divorce is often cited as a reason for filing bankruptcy. However, filing for divorce and bankruptcy simultaneously may not be a good idea. Before deciding […]