When dealing with financial difficulties and unmanageable car payments, one of the options you might consider is voluntary repossession. However, it's essential to weigh the pros and cons before making such a decision, and consulting a bankruptcy attorney can ensure you are making the best decision for your situation........
Read MoreChoosing the right wage garnishment attorney is crucial, as this professional will guide you through the complexities of wage garnishments and bankruptcy law. Just as you wouldn't hire a real estate attorney to handle a divorce, the same applies when dealing with wage garnishments - you need a specialist. This specialist should be well-versed in local collections laws and bankruptcy law, and not just in theory. They should have practical experience in these areas........
Read MoreFiling for bankruptcy might initially seem like a daunting prospect. However, it's crucial to understand that the actual bankruptcy process is not the frightening aspect. What's truly worrisome is the situation you're currently facing. When you're overwhelmed by debt, incessantly hounded by phone calls, and too stressed to even glance at your mail, that's where the fear lies........
Read MoreWhen facing financial difficulties, homeowners may find themselves in a situation where they are unable to continue making their mortgage payments. In these cases, three potential options for dealing with the property are foreclosure, short sale, or bankruptcy to eliminate other debts and allow the homeowner to reinstate the mortgage over time. While all three options can have significant implications for the homeowner, there are crucial differences between foreclosure and short sale that are important to........
Read MoreIn Florida, there are two chapters of consumer bankruptcy that an individual normally files: 7 and 13. Chapter 7 will quickly and easily wipe out your unsecured debts such as credit cards and personal loans. Chapter 13 is a debt repayment plan where your debt will be reduced and reorganized into a 3-to-5 year payment plan. This type of bankruptcy is meant for people who cannot pay all their debts despite…
Read MoreIn the state of Florida, child support payments are not directly affected by bankruptcy. No type of filing can eliminate your ongoing obligations, discharge your past-due support debt, or force the modification of a family court order…
Read MoreYou might think it will be impossible to secure a car loan after filing for bankruptcy in Florida. However, you might be surprised to learn that you can usually get an auto loan shortly after filing…
Read MoreWhen your family is suffering from debt and financial struggles, it can feel like they will never end. The fear of losing your home, car, or job can be overwhelming. While many families view bankruptcy as a last resort to get relief from the crippling weight of their debts…
Read MoreWhen your family is suffering from debt and financial struggles, it can feel like they will never end. The fear of losing your home, car, or job can be overwhelming. While many families view bankruptcy as a last resort to get relief from the crippling weight of their debts…
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