Can You File Bankruptcy On Medical Bills?
Debt for medical bills is more common than you think and can become a real headache if not taken on time. Much more money is spent on health care in the United States than anywhere else in the world, which is a significant investment, especially when an illness or injury strikes unexpectedly. This can affect […]
Who can file Chapter 7 bankruptcy?
Chapter 7 bankruptcy is one of the most used, within the possibilities offered by the law. This option has some pros and cons, but overall it offers a good tool to make a fresh financial start for Americans. However, it is important to know the requirements that are established in order to apply for this […]
How Long Does a Chapter 7 Bankruptcy Stay on Your Credit Report?
Bankruptcy processes can be very different from each other, depending on the characteristics of each person, the debt, and the chapter that applies. However, there are some variables that are uniform for any debtor. When filing bankruptcy, it is important to know all the options and the consequences that each of them will have. One […]
Should I file bankruptcy for credit card debt?
Credit card debt can become a headache for anyone very quickly. When it becomes impossible to pay the accumulated sum of consumption on credit, many people resort to paying the minimum. Thus, the only thing that is achieved is to kick the problem for later, since the minimum payment is only enough to cover the […]
Who can file Chapter 13 bankruptcy in Miami?
Each bankruptcy case can have different characteristics, so it cannot be generalized on the subject. However, there are some issues that have to do with bankruptcy law that apply to everyone. For example, chapter 13 or reorganization bankruptcy, aims to offer a payment plan in order to regularize a financial situation that would otherwise be […]
How to file for Chapter 7 bankruptcy in Miami?
Chapter 7 bankruptcy is a resource that allows many people in difficult financial situations to obtain a fresh start. It is one of the most used resources in bankruptcy situations, both by private individuals and by different organizations. In the context of a bankruptcy, there are several options that can be useful so that people […]
What is Chapter 7 Bankruptcy?
Entering bankruptcy can be one of the most difficult decisions a person has to make. Every year, thousands of people in Florida request these types of resources because they find themselves in financial situations that they cannot sustain. One of the most common processes is called Chapter 7 bankruptcy. The name corresponds to the chapter […]
Can you buy a house in Chapter 13 Bankruptcy?
For many people with a significant level of debt, Chapter 13 bankruptcy can be a lifesaver. This process consists of drawing up a payment plan to deal with the most significant debts. The plan can last from 3 to 5 years, and in the process a number of debts may be reduced or eliminated. In […]
Who can declare Chapter 13 bankruptcy in Miami?
Who can declare a Chapter 13 bankruptcy in Miami? If you have heard of Chapter 13 bankruptcy law, you will know that it can help you improve your economy, but that meeting the requirements is quite complicated. In this post you will be able to find out if you are the right candidate to declare […]
What is the difference between Chapter 7 and Chapter 13 Bankruptcy in Miami?
These days, the bankruptcy process has become more common than you think. Until a few years ago, it seemed as if this was a dirty word, but today many people or corporations choose this way out when faced with pressing situations. The process of filing for bankruptcy is not easy and can have many consequences. […]
