Search Result for: — 611 articles
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 are⊠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, weâll 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,⊠Read More
Struggling with debt? A debtor attorney can provide the legal expertise you need. In this article, we will cover what debtor attorneys do, how they can help you organize your debts, protect your assets, and develop strategies for financial recovery. Key Takeaways Debtor attorneys provide essential advocacy and legal support for individuals and businesses facing financial challenges, helping them navigate debt repayment and bankruptcy processes while retaining valuable assets. Assessing debtorâs assets is crucial for developing effective repayment plans and negotiating favorable arrangements with creditors, ensuring clients can minimize asset loss during bankruptcy proceedings. Choosing an experienced law firm is⊠Read More
Stop collection agency calls effectively. Learn your rights, handle collectors smartly, and protect against harassment with proven strategies.
Fix credit report errors quickly and easily. Learn steps to dispute inaccuracies and improve your credit score.
Debt, or at least liability to pay it off, does not necessarily last forever. In Florida, for everything except debt involving real estate, the statute of limitation for debt is generally five years for debts with a written contract. Credit card debt for example has a five-year Florida debt statute of limitations. So does medical debt. That means that after five years, if certain things do not happen to keep a debt alive, a creditor may no longer sue you for payment. The Florida statute of limitations for debt is shorter than that of many other states, where you may⊠Read More
Learn to claim auto accident compensation for inconvenience effectively, understand damages, and navigate Florida’s legal process.
Bankruptcy can be a financial lifeline, but only if you do it right. Youâll need to avoid certain actions post-bankruptcy for a truly fresh start. Based on the information weâve learned after helping countless Floridians recover financially, here are the top 10 mistakes to avoid after filing bankruptcy. 1. Racking Up Debt Right After Bankruptcy Taking on new debt immediately after filing bankruptcy can put your financial recovery in jeopardy. Itâs crucial to resist the temptation to: Open new credit cards Take out loans Accumulate other types of debt Instead, itâs better to prioritize living within your budget. Even applying⊠Read More
Many people want to file bankruptcy but never begin the process because they get stuck on one question, âWhat assets do you lose in Chapter 7.â Understanding the answer to this question can help to alleviate a lot of pre bankruptcy stress. If you have anxiety about losing your most essential assets (i.e., home, car, personal items, etc.) during bankruptcy, weâre here to help. Contact us today to learn which of your assets are safe under Chapter 7 asset case and how to pursue alternative debt relief options if necessary. Understanding Chapter 7 Bankruptcy A liquidation bankruptcy (Chapter 7) offers⊠Read More
Chapter 7 Bankruptcy can be incredibly helpful for those struggling with mountains of debt. However, itâs in your best interest to set realistic expectations for how long it will take and the steps youâll need to take to complete a full financial recovery. Here, weâll answer the following questions â and more: How long does a bankruptcy take? How long does a Chapter 7 last in Florida? How long does a Chapter 7 bankruptcy take to discharge How long does bankruptcy stay on your credit report? How long does it take to recover from bankruptcy? If you have specific questions⊠Read More