Getting a Mortgage After Bankruptcy Many people assume buying a home after filing for bankruptcy is impossible. As a matter of fact, some people postpone or fail to file at all because of this fear. They opt not to use a valuable tool that could actually make it easier for them to achieve their financial […]
Tampa Bankruptcy Law Blog
Bankruptcy Fraud Red Flags Filing for bankruptcy is a complicated process. It’s possible to file on your own, but it isn’t advised. Even a simple unintentional mistake can result in your case being dismissed. Worse, you could be accused of bankruptcy fraud. Even if you have every intention of being honest, there are certain things […]
Bankruptcy Timing Timing in bankruptcy is very important. A bankruptcy attorney can help you determine the best time to file, but even if you don’t file at the ideal time, there are still ways that bankruptcy can help you. This is true even if creditors or debt collectors have taken drastic action against you. Ideally, […]
How to Make the Best out of Bankruptcy Some people find themselves in financial turmoil because of choices they’ve made. They might’ve been irresponsible with credit cards when they were younger or they might have mismanaged their money or overestimated their ability to pay back the money they borrowed. In other cases, people had little […]
Bankruptcy and Sneaky Debt Collectors Filing for bankruptcy triggers something known as the “automatic stay.” This is a legal term that means creditors and debt collectors are barred from trying to collect a debt against you. If they continue to take collection actions against you it can affect their ability to recover any money in […]
Obligatory Debts and Bankruptcy There are all different kinds of debts and all of them are affected differently when you file for bankruptcy. A dischargeable or non-obligatory debt can be eliminated in bankruptcy, which means you’ll no longer be legally responsible for paying it and the creditor will be barred from attempting to collect on […]
Co-signers and Bankruptcy If you’re considering co-signing a loan for a friend or family member, or you have a loan with a co-signer, it’s important to understand the implications, especially if you or the primary borrower is considering bankruptcy. Co-signed loans are handled differently than individual loans in bankruptcy. The most important thing to realize […]
3 Reasons to File Bankruptcy There are few things as frightening as financial struggles. Not knowing where your next paycheck is coming from or when it’s coming, facing threats from bill collectors, knowing that foreclosure of your home could be on the horizon, and all of the other things that can arise when money is […]
Bankruptcy and Kids If you’re like most parents who try their best to protect and provide for their children, you’ve likely made at least a few decisions based on how your kids will be affected. Life changes once you’re responsible for other people and knowing that a choice you make could negatively impact your children […]