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In Florida, a default judgment is a court ruling against someone who doesnāt respond to a lawsuit. It results in automatic legal consequences and can deeply affect the non-responding party. This article explains how default judgments work, how they are obtained, and their potential impacts. Key Takeaways A Florida default judgment is a court order issued against a party that fails to respond to a lawsuit, granting the plaintiff relief without requiring a full trial. The process for obtaining a default judgment involves filing for default, requesting a judgment before a judge, and ensuring proper service of legal documents. Defaultā¦ Read More
If you are thinking of filing for a consumer Chapter 7 bankruptcy, you probably have a lot of questions. One of the most important for many people is whether or not they will be able to rent an apartment after a bankruptcy filing. The reality is that it is often (though not always) more difficult to rent after bankruptcy. After all, the bankruptcy may stay on your credit report for seven to 10 years. But it is certainly not impossible and in some cases may even be easier than it would have been before your bankruptcy. This is because youā¦ Read More
If youāre wondering can you file bk on a judgement, the answer is yes. Bankruptcy can discharge many types of debts, including judgments. However, the process isnāt always straightforward. Our guide walks you through how bankruptcy affects judgments, what you need to consider, and the steps involved in the process. Key Takeaways Filing for bankruptcy is possible even when there is an existing judgment against you, as it provides a path to alleviate overwhelming debts. The automatic stay initiated upon filing for bankruptcy halts all creditor collection actions, offering immediate relief from legal pressure and wage garnishments. While bankruptcy canā¦ Read More
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Navigate broken ribs car accident settlement successfully. Learn factors, estimate amounts, and get legal help for maximum compensation.
One of the primary concerns individuals have about declaringĀ bankruptcyĀ is what they could lose.Ā Bankruptcy, particularly Chapter 7, is a trade off where the government will clean the slate on your debts, but in exchange, you may have to give up some assets outside of “necessities.” Often clients ask if their 401kās will go to creditors if they declare bankruptcy. The Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) includes provisions for bankruptcy abuse prevention, which protect certain retirement accounts, including 401k plans, during bankruptcy proceedings. If you live in Florida, your 401k is protected in two different ways. In fact,ā¦ Read More
Learn how to claim tinnitus after car accident compensation effectively. Get insights on causes, proof, and treatment options.
Are bankruptcies published in the newspaper? One of the greatest concerns of those considering bankruptcy is how it might affect the expectations of those around them, personally and professionally. For the great majority of those who file, those people around them have no idea that they have filed. Nevertheless, bankruptcy is considered a public record, so it is important to be aware of the way it is published. Read on to find out why and where bankruptcy records can be accessed. Key Takeaways Unlikely foreclosure sales, there is no requirement to publish bankruptcy information in the newspaper. Personal bankruptcies areā¦ Read More
A suggestion of bankruptcy filing is a notice to creditors that an individual or business intends to seek bankruptcy protection. This filing halts ongoing legal actions and starts the bankruptcy process. Here, weāll break down what this means for you. Key Takeaways A suggestion of bankruptcy filing serves as a formal notice to creditors, halting legal actions against the debtor and marking the beginning of the bankruptcy process. The bankruptcy automatic stay provides essential protection to the debtor by restraining creditor actions, but creditors can still seek relief through a Motion for Relief from Stay under certain conditions. Post-filing obligations,ā¦ Read More