Category Archives: Car Repossesion
How To File Chapter 13 Bankruptcy In Florida
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… Read More »
COVID-19/Coronavirus: Medical Bills, Credit Card Debt & Car Repossession
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… Read More »
How To Stop Car Repossession In Florida
Repossession of a vehicle is an unfortunate situation too many people suffer. 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, cars are essential for getting to and from work, school and repossession can have devastating consequences. Moreover,… Read More »
What Is An Automatic Stay?: Florida Bankruptcy Law
The automatic stay in Chapter 7 and Chapter 13 bankruptcy is one of the most important tools available to borrowers. The automatic stay requires all collection activity against borrowers to stop immediately after a case has been filed. Creditors and collection agencies will not be able to pursue any collection actions when the stay… Read More »