Category Archives: Tampa Bankruptcy Attorney
7 Bankruptcy Myths That Could Harm You
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… Read More »
Bankruptcy In Florida: The Comprehensive Guide
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… Read More »
Florida Foreclosure Moratorium For COVID-19 Lifted
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… Read More »
Florida COVID-19 Mortgage Assistance & Forbearance
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… Read More »
How To File Chapter 7 Bankruptcy In Florida
Chapter 7 Bankruptcy in Florida represents a legal process that allows the discharging or wiping out of a debtor’s unsecured liabilities once their non-exempt properties have been sold off. To be eligible for filing a Chapter 7 bankruptcy in Florida, the individual must either be a permanent resident of the state or hold property… Read More »
How To Discharge Debt With Bankruptcy In Florida
In most cases, obtaining a discharge will be the primary reason why a borrower files for bankruptcy. If a debt is discharged in bankruptcy, the borrower will be released from all personal liability on the debt. Further, creditors will be restricted from taking any collection action against the debtor for debts discharged in bankruptcy…. Read More »
How To Eliminate Medical Bills With Bankruptcy In Florida
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 reasons…. Read More »
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 »
How To Keep Your Assets With Bankruptcy In Florida
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,… Read More »
How To Stop A Home Foreclosure In Florida
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… Read More »
