Filing for bankruptcy requires giving up a great deal of control over your finances. However, if you’re struggling enough to consider bankruptcy, chances are you don’t feel all that much in control as is. Bankruptcy just means another person will take over the management of your money, at least on a temporary basis. This person […]
Tampa Bankruptcy Law Blog
Anyone filing for Chapter 7 bankruptcy is required to attend a 341 Meeting or meeting of creditors. It takes place about three to four weeks after you file and it is mandatory. It is also one of the most intimidating aspects of filing for bankruptcy and the event that filers dread most. Understanding what will […]
Bankruptcy can be an intimidating process and like many things that are intimidating, it helps to feel prepared. The more you know in advance, and the actions you take to prepare for what will occur during bankruptcy, can help things go smoothly and allow you to relax and focus on what needs to be done. […]
Your bankruptcy attorney is your number one advocate during the bankruptcy process. He or she ensures you are treated fairly and that you complete all of the tasks necessary for your bankruptcy to run smoothly. The key to having a successful bankruptcy that truly puts you back on the path to financial freedom is to […]
Every year millions of Americans file for bankruptcy. As recently as 2005, up to one in 15 households had used bankruptcy to help them climb out of debt. Bankruptcy is one of the most popular tools consumers use to repair financial damage and get a fresh start. How Do You Know Bankruptcy is Right for […]
Filing for bankruptcy requires more than just letting the court know you are struggling with money and would like relief from your debts. An important part of the bankruptcy process is counseling. Here’s what you need to know about pre-bankruptcy counseling and how it will play a role in your road to financial recovery. What […]
There are plenty of things debt collectors can do to collect money owed to them, but there are also limitations. Aggressive debt collection is controlled by the law and if a debt collector oversteps his or her boundaries, there are actions you can take. Even if a debt is legitimate and you are behind on […]
Financial problems come in all shapes and sizes, as do the options for resolving those financial problems. For some people the right option is to create a stricter budget and stick to it. For others, bankruptcy is the only feasible way out from under a mountain of debt. And for others still, settling debt might […]
Benefits of Bankruptcy Bankruptcy isn’t something to which people look forward or want to happen in their lives, but sometimes they are left with no other choice because of a desperate financial situation. Most people consider bankruptcy a bad thing and something to avoid. At best, it is viewed as a necessary evil. Ideally, we […]
Bankruptcy is often a practical decision that enables you to organize your financial situation and repair damage that has been done. However, bankruptcy can also be an emotional decision for some. And even if the initial decision to enter into bankruptcy isn’t emotional, the process of repairing your financial situation and getting a fresh start can […]