Advantages of a Chapter 13 Bankruptcy over a Chapter 7 Bankruptcy
A Chapter 7 Bankruptcy is a great tool to get rid of unsecured debt like credit cards or medical bills. Unless you are going to get rid of a secured asset like a home or a car, a Chapter 7 Bankruptcy will not affect that debt. For a vehicle, you must reaffirm the debt, which […]
Advantages of asset protection in bankruptcy
The purpose of filing bankruptcy is to eliminate as much of your debt as you can without having to repay your creditors anything. Depending on the type of bankruptcy you file, you may have to pay back unsecured creditors (credit cards or medical bills for example) a small portion of what you actually owe. The […]
Credit Card Debt in the bankruptcy process
Credit card debt is a huge problem right now. Because of the COVID-19 pandemic, many people have been living off of their credit cards to survive However, as people get back to work, they find that they are unable to repay the credit card debt while still living with their normal bills. There are many […]
Top 7 Florida Bankruptcy Myths
Falling for bankruptcy myths could block you from getting the big benefit of a fresh start provided by support from a FL bankruptcy law firm. Read on to learn more about seven of the most common myths and what you can expect. If you’re ready to talk through filing, set up a time to meet […]
What to do when you have credit card debt
Most people in America have credit cards. Most of those people also have credit card debt. This debt requires you to pay interest and late charges on that debt. The interest and late charges on credit card debt can be as much as 30%. Normally, it would be illegal to charge that amount, but credit […]
What’s the Real Impact of Bankruptcy on Your Credit Report?
One of the most difficult decisions to make around the process of filing for bankruptcy in Florida is recognizing the potential impact it could have on your credit now and in the future. For so many people looking at bankruptcy in Florida, however, this might be the only opportunity to receive a fresh start and […]
