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One of the most contentious and difficult parts of divorce can involve a couple’s children. While the best interests of the kids is supposed to be the main goal of negotiating custody arrangements, it may happen that your child’s other parent is not in favor of an equitable parenting plan or is not fit for […]
Unexpected medical bills can financially devastate a family for many years to come. The rising cost of health care is proving to be a tremendous burden on families. Most people file bankruptcy because of medical bills. A study by the American Journal of Medicine found that 62.1% of all bankruptcy cases are attributable to medical […]
Frequently Asked Questions
If you are experiencing financial hardship, Chapter 13 bankruptcy may provide some much-needed relief. Chapter 13 is when a borrower consolidates their existing debts into one monthly payment. Unlike Chapter 7 bankruptcy, borrowers will not be required to sell their assets as a condition of the bankruptcy. Instead, Chapter 13 is considered a restructuring bankruptcy […]
Frequently Asked Questions
When someone is going through a divorce, a lot of concerns are on their mind. One of the biggest questions that arise when going through a divorce is alimony. Many people ask: how much will I have to pay? Will I receive any payment? Will I be able to afford alimony payments? If these questions […]
Florida is a judicial foreclosure state. Therefore, a bank or HOA seeking to foreclose a home must receive approval from a judge. The case must be filed in the circuit court where the property is located. Under Florida foreclosure law, all mortgage foreclosure cases are to be conducted in a court of equity. Courts of equity […]
Frequently Asked Questions
In Chapter 13 bankruptcy, there should be no risk of being forced to liquidate assets. Chapter 13 is a reorganization bankruptcy where borrowers pay debts according to a court approved payment plan. On the other hand, Chapter 7 is a liquidation form of bankruptcy. Borrowers won’t have to pay their debts, but in exchange, the […]
Frequently Asked Questions
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 […]
Frequently Asked Questions
If you are overwhelmed with debt, filing for bankruptcy may bring some needed relief. Bankruptcy is intended to discharge debt and give people a fresh start. In many cases, bankruptcy will help improve a borrower’s credit score. By discharging bad debts, cleaning up your credit report, and getting a fresh start, you may see a […]
Frequently Asked Questions
The coronavirus (COVID-19) has had a devastating impact on the lives of countless Americans. Many have fallen ill, and others have become unemployed and are struggling to make end’s meat. Whether the impact has been to your income or the expense of supplies needed to prepare for this emergency, the unexpected tragedy has caused great […]
Repossession of a vehicle is an unfortunate situation too many Americans face. If a borrower fails to make timely payments for a car loan the lender may begin the repossession process. See Florida Statute 537.012. For many people, cars are essential to getting to and from work, school, or other obligations and a repossession can have devastating consequences. Moreover, missed payments can lead to the bank initiating repossession without even providing notice to the borrower. If you received threats of a repossession contact a bankruptcy attorney for legal advice right away. An experienced attorney may be able to prevent the car from being repossessed and help you keep your car.
