The primary benefit of bankruptcy is the discharge. Filing for Chapter 7 bankruptcy results in the elimination of your legal obligation to repay any or all of your debts. Of all of the bankruptcy law basics, it’s the most beneficial long-term and the reason why so many people file. How Does the Bankruptcy Discharge Work? […]
One of the greatest benefits of filing for bankruptcy is the automatic stay. The automatic stay is a court order that stops collection efforts and most civil lawsuits related to debt. Even if the stoppage is temporary, it gives you breathing room to determine your next move. Florida bankruptcy attorneys explain the bankruptcy process to […]
One of the major concerns people have when filing for bankruptcy is whether or not they will lose their assets. Florida bankruptcy law helps you protect your assets, but understanding how those laws apply to your situation can be confusing. Working with an experienced bankruptcy attorney helps you take advantage of the “secret” bankruptcy laws […]
If you’re an honest person, the idea of being accused of fraud might seem ridiculous to you. But if you’re an honest person filing for bankruptcy, accusations of fraud are a legitimate risk. The bankruptcy court has little tolerance for mistakes, even when they are honest ones. A Florida bankruptcy attorney can work with you […]
The legal system is complex. Even the simplest legal issue can develop into something complicated without the right guidance. Filing for bankruptcy requires a careful review of your financial documents and the submission of bankruptcy schedules to the court. Without the help of a bankruptcy attorney in Tampa, Florida, it’s easy to understand how trying […]
One of the main reasons people put off filing for bankruptcy is because they are concerned about how it will change their life. Clients ask all the time “Is there life after bankruptcy?” We tell them there most certainly is. But it’s not going to be the same as it was before filing for bankruptcy. […]
If you’re like most parents, one of your primary concerns is teaching your kids good money management. Many of the adults who file bankruptcy in Florida believe their financial struggles would have been avoidable had they learned how to budget when they were young. Here are a few things you can do to teach your […]
A bankruptcy attorney in Tampa, Florida helps you learn what’s fact and what’s fiction when it comes to bankruptcy. People who have never filed for bankruptcy make a lot of assumptions about bankruptcy. Even those who have filed believe some common bankruptcy myths. Unfortunately, some of the misconceptions about bankruptcy prevent people who would benefit […]
If you’ve ever gone on a shopping spree in response to stress, you aren’t alone. This is different than a spending spree before bankruptcy, which is also a mistake. Emotional spending refers to choices you make with your money that could lead you to bankruptcy. Overspending due to stress, anxiety, in celebration of something special, […]
Changing your approach to spending is a necessity after bankruptcy. You’ll turn over some control of your finances to the court when you file, so you’ll have no choice but to live more frugally. But it’s not all bad news. Life after filing bankruptcy is filled with a lot of positive things, too. You get […]
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