Blog - The Law Office of Michael A. Ziegler, P.L.

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How to File for Bankruptcy
March 8, 2016

Filing for bankruptcy is never an easy decision to make. It is often a last resort for people that find themselves in dire financial situations. People think of bankruptcy as having all debt wiped and starting over with a clean slate. Before you decide, don’t be afraid to seek legal counsel. The Law Office of Michael A. Ziegler, P.L. serving Tampa Bay and Clearwater Florida can help you with filing for bankruptcy. First Steps Before you file, first you must get credit counseling within 6 months before filing. Afterwards you must complete a financial management instructional course. This must be done… Read More

Can I Keep My House When Filing For Bankruptcy?
March 2, 2016

If you are struggling to repay debts that have become unmanageable, bankruptcy is an option that might help you to have a new start. It is common for homeowners to worry that they will lose their homes if they file for bankruptcy protection. Whether you might lose your home will depend on its value, the amount of equity that you have built up in it, where you live and the bankruptcy chapter that you choose. An experienced bankruptcy lawyer can provide more guidance to you about the most appropriate steps to take. Federal and state exemptions There are federal bankruptcy… Read More

Handling Creditor Harassment
March 1, 2016

Many people fall into debt for a variety of reason. From lost wages, medical issues, divorce, to cost of living. To paraphrase the great Forest Gump, “debt happens.” However, just because you owe a company money, that doesn’t give them the right to harass you, your family, neighbors, and employers. There are state and federal laws established to protect consumers from collection harassment. These laws include the Fair Debt Collection Practices Act (FDCPA), the Florida Consumer Protection Practices Act (FCCPA), the Telephone Consumer Protection Act (TCPA), and others. The Law Office of Michael A. Ziegler, P.L. serving Tampa Bay and… Read More

Home Loan Modification
February 23, 2016

Struggling to pay your monthly mortgage may have you considering a home loan modification. Modifying your mortgage can help reduce your monthly payments. It doesn’t matter if you are in default or bankruptcy, and it is an alternative to foreclosure. Only certain terms of your home loan can be modified and you must qualify. Also, be aware of scams that target people whose homes are facing foreclosure. If you are considering a home loan modification, The Law Office of Michael A. Ziegler, P.L. serving Tampa Bay and Clearwater Florida can provide you with a free consultation. Terms of Home Loan Modification The terms… Read More

Help for Foreclosure
February 5, 2016

Foreclosure is when mortgage payments are no longer being made, and so the lender forces the sale of a home. The loss of a home is devastating. The stress of facing foreclosure causes some people to stop making their payments altogether. Ignoring the problem will not magically make it go away. It is imperative to seek legal counsel right away to review your options. The Law Office of Michael A. Ziegler, P.L. serving Tampa Bay and Clearwater Florida, can review your individual circumstances and help you decide how to handle your foreclosure. Housing Bubble Collapse The state of Florida, specifically the Tampa… Read More

Different Tax Implications
November 27, 2015

Different Tax Implications To acquire a specialized consulting service in today’s competitive environment, it is not necessary to appoint a person who has specialized knowledge, in fact, he may be hired as an advisor or consultant for the specified fee and duration. Either to be tax consultant or a tax employee, the overall compensation remains the same, but it is necessary to carefully consider other aspects to avoid complications and problems at the later stages of the tax assessment course. Tax withholding rate is not the only difference between an employee and a consultant, but there are other factors which… Read More

11th Circuit Decision Broadens Rights for Florida Bankruptcy Exemptions
May 31, 2015

In Valone v. Waage, No. 14-11457 (11th Cir. 2015), the 11th Circuit opined on an issue that has been hotly debated regarding Florida bankruptcy exemptions. That is, is a debtor forced to take the homestead bankruptcy exemption where they want to remain in their home. Florida Bankruptcy Exemptions The exemptions in a bankruptcy case play an important role. For a Chapter 7 case, the exemptions define the property that a bankruptcy filer is allowed to keep in their “fresh start.” In a Chapter 13 case, the exemptions influence the amount of money that a bankruptcy filer has to pay into the Chapter 13… Read More

How to Deal with Financial Stress: Dangerous Health Effects
January 20, 2015

Stress is a fact of life, but financial stress is one of the worst offenders & figuring out how to deal with financial stress can be difficult. If you are worried about money, know that you are not alone. In 2014, over 860,000 Americans filed for bankruptcy, the average American family had about $8,000 in credit card debt, and three in five families worried about paying their bills every month. It’s easy to image the ever-looming cloud of financial stress can negatively affect our mental health, but did you know stress can damage our physical health too? Effects of Financial Stress Managing… Read More

How to File for Bankruptcy – Questions and Answers
December 16, 2014

Filing for bankruptcy is a complicated process; just acquiring a basic understanding on how to file for bankruptcy seems daunting. And naturally, anyone considering bankruptcy will have many questions. Below you will find a list of some of the most common bankruptcy questions and answers. A Word of Warning before we Begin Please keep in mind this is a general overview of common bankruptcy questions. Bankruptcy is fact specific, so the answers to your questions will vary depending on the prospective filer(s) income, expenses, assets, debts, and other factors. No two cases are alike. It would be in your best… Read More

Short Sale or Bankruptcy
October 31, 2014

Short Sale or Bankruptcy for a Married Couple (and should they file Bankrupt Jointly or Individually)? Debt problems can create a lot of stress! And almost more overwhelming than the debt itself is navigating through the different “debt solutions.” That’s why it is so important to find the right professional to help guide you. In a recent conversation I had with a local real estate professional. She posed the following question: What is the benefit of a married couple filing for bankruptcy when the bankruptcy won’t benefit one spouse. Does a short sale make more sense? As a response, I shared… Read More