CARES ACT Last week the president officially signed the CARES Act into law. The CARES Act, short for Coronavirus Aid, Relief and Economic Security Act, includes many provisions that affect bankruptcy cases. It also addresses bankruptcy payment plan modifications and federally backed residential mortgage loans and foreclosures and evictions. The following questions and answers will […]
Tampa Bankruptcy Law Blog
COVID-19 Bankruptcy Information COVID-19, the new coronavirus, is affecting every aspect of our lives. For many, the pandemic has been especially burdensome financially. People across the country want to know what the short- and long-term ramifications of the virus will be on their bank accounts. Many are concerned COVID-19 could drive people into bankruptcy or […]
Bankruptcy Petition Preparer When you file for bankruptcy you are required to file a bankruptcy petition with the court. Most people do so with the assistance of a bankruptcy attorney or bankruptcy petition preparer. Basically, the petition is your bankruptcy application and it tells the court about your debts and assets. Bankruptcy petitions can be […]
Partial Bankruptcy Is there such a thing as filing for partial bankruptcy? If you are dealing with just a single problem debt or your situation is temporary, is bankruptcy right for you? Every day people consider filing for bankruptcy. They might be drowning in credit card debt or they lost their jobs and their bills […]
If you’re considering bankruptcy, there’s a good chance you have a lot of questions. One of the most common concerns when filing for bankruptcy is how doing so will affect your assets. From your home to your vehicle to your financial savings, bankruptcy can creep into every area of your life. But does bankruptcy affect […]
College is one of the most expensive investments you’ll ever make. This is especially true if you attend beyond the traditional four years and seek a higher degree. By the time many people complete their education, they’re dealing with tens – if not hundreds – of thousands of dollars in debt. And while it’s worth […]
Discharge of Debt in Bankruptcy The discharge of debt is one of the main reasons people file for bankruptcy. In Chapter 7, filers receive a discharge from the court that says they are no longer legally obligated to pay the debt. The same happens in Chapter 13 after the bankruptcy payment plan is completed. Discharge […]
Have you fallen behind on your debt obligations? Are calls from debt collectors a daily occurrence in your life? You aren’t alone. Many people deal with ongoing calls and letters from debt collectors every day. And unless you find a way to pay the debt, negotiate a settlement, or file for bankruptcy, those actions are […]
Eliminating Financial Problems through Bankruptcy can be a Path to a Brighter Future Bankruptcy is one of the most useful tools provided to those living in the United States to help with financial challenges. It’s available to most people who are struggling with debt and can be the best option to help them get back […]