The bankruptcy process is about getting debt under control. In many cases, the largest debt on the books is the mortgage. A home is often the most valuable asset that people own, and for some the fight to keep it is the most important goal of bankruptcy. For others, getting rid of the incredible weight […]
Tampa Bankruptcy Law Blog
There are a lot of elderly residents in the Tampa Bay area as well as individuals seeking a friendlier climate to recover from a life-threatening illness. Our Tampa Bankruptcy Blog talks about medical debts as a factor in causing residents to seek personal bankruptcy solutions, but how great is that factor? A recent study shows […]
A warning about credit card debt relief options was the focus of our prior post. It wasn’t a warning against finding a solution, but instead it warned about jumping into a decision before truly understand the benefits and consequences associated with that decision and other options. We used withdrawing from 401(k) as an example, the […]
Each month the credit card statement is sent out like clockwork. Florida residents can predict fairly accurately when that bill will show up in their mailbox. For those with credit card debt, it is a day that they dread. Just opening the statement, looking at a principal balance and the high interest rate applied to […]
There is no doubt that filing for personal bankruptcy protection is a big decision. In some cases it is not the best solution, but in many other situations it is the right choice. In many other instances it would be the right choice, but a lack of information about the process might make a person […]
Winning the lottery is something that most Florida residents if not nearly everyone across the nation has probably thought about. Even if a lottery ticket was never purchased, many people have completed the statement “If I won the lottery, I would…” For some people, the financial security provided by a lottery win was short lived. […]
A probate estate and a bankruptcy estate are two very different estates with very different rules for asset inclusion, and assets included in one could have an effect on the other. Take the example of a trust: being the beneficiary of one does not mean that finances are never an issue. Take a situation where […]
April is National Financial Literacy Month. No matter what your financial situation is, it is well worth your while to take some time to brush up on your financial skills. Being an informed and educated consumer can help you stay on top of your finances and can help you avoid troublesome financial traps like payday […]
Occupy Wall Street is a protest group that has emerged amidst the economic recession. Whether our readers agree with the group or not, they have made themselves known. Now, offshoots of the group have sprouted that have done things that made headlines. One of these offshoots is a group that calls themselves “Strike Debt.” The […]