Blog

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, we’ll 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 debtor’s 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

Find a Credit report attorney near me for expert help with credit report errors. Get a free consultation and protect your rights today!

Stop collection agency calls effectively. Learn your rights, handle collectors smartly, and protect against harassment with proven strategies.

Find the right bankruptcy lawyer near me for debt relief and legal guidance. Gain financial stability with expert help and affordable solutions.

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

Bankruptcy can be a financial lifeline, but only if you do it right. You’ll need to avoid certain actions post-bankruptcy for a truly fresh start. Based on the information we’ve 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. It’s crucial to resist the temptation to: Open new credit cards Take out loans Accumulate other types of debt Instead, it’s better to prioritize living within your budget. Even applying… Read More

Income Limits for Chapter 7 in Florida: What You Need to Know Chapter 7 is the most popular form of bankruptcy – But, it’s not available to everyone. The U.S. Bankruptcy Code places strict income requirements to file Chapter 7, with the means test being a critical component in determining eligibility. Here, we’ll discuss the finer details of the income limits for Chapter 7 in Florida, including: How to Calculate Your Income Chapter 7 Means Test Special Considerations Alternative Debt Relief Options if You Don’t Qualify If you have specific questions about the income limit to file Chapter 7 qualifications,… Read More

Many people want to file bankruptcy but never begin the process because they get stuck on one question, “What assets do you lose in Chapter 7.” 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, we’re 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