Will Filing Bankruptcy Affect My Credit? Not paying your bills affects your credit negatively. And yet problems with credit are one of the main reasons people cite for not filing for bankruptcy. The truth is your credit will suffer when you file for bankruptcy, but that’s only a part of the total picture. How will […]
Tampa Bankruptcy Law Blog
Student Loan Default If you’ve fallen behind on student loan payments or your student loans are in default, you aren’t alone. There is more than $1.6 trillion in outstanding student loan debt. Financial experts say that up to 40 percent of people with student loans could be in default in the next three years. The […]
How Will Bankruptcy Affect My Job? Filing for bankruptcy raises many considerations. One of the most important is whether or not bankruptcy affects your job. Many people delay filing for bankruptcy due to their concerns about losing their job or being judged in the workplace for their financial difficulties. Although understandable, these concerns aren’t necessary. […]
Can You File for Bankruptcy with No Job? Being in debt is bad enough, but if you’ve lost your job recently or accumulated debt because of unemployment, you face two battles. Dealing with bankruptcy and unemployment is overwhelming, but can you file bankruptcy with no job? It’s difficult to catch up on debt when you […]
Bankruptcy and Eviction With the rate of evictions on the rise in recent months and the expectations that eviction numbers will grow, it’s important to understand the role eviction plays in bankruptcy. If you file for bankruptcy before an eviction can it stop the eviction? And if you are evicted and you file, is the […]
File Bankruptcy from Home There are a few things that happen when you file bankruptcy from home. An automatic stay to protect you from debt collection goes into effect. You are required to go to credit counseling. You must complete bankruptcy paperwork and submit it to the court along with your filing fee. No matter […]
Unemployment and Bankruptcy Searching for a job when you are faced with a dire financial situation is difficult. If you’ve opted to file for bankruptcy and you’re also exploring the job market, are there things you need to worry about when it comes to unemployment and bankruptcy? Finding a Job After Bankruptcy Searching for a […]
File for Bankruptcy from Home One of the most intimidating aspects of filing for bankruptcy is meeting in person with other people involved in the bankruptcy process. Though you’ll likely never have to go to court if you file, you’ll need to attend the 341 Meeting of Creditors. It’s not a formal court appearance, but […]
COVID-19 Debt If you’re considering bankruptcy you aren’t alone. The last few months of 2020 have brought a great deal of uncertainty, most of it connected to the pandemic. COVID-19 debt is accumulating and more and more people are being affected. What are five ways the pandemic is driving people to bankruptcy? 1. Loss of […]