What should you know about Chapter 13 Bankruptcy?
Chapter 13 Bankruptcy is a filing option for those who wish to retain assets through the process. This is the proper option for those with homes, heirlooms and other assets and property that they would...
View ArticleMisconceptions often abound concerning bankruptcy filings
Following is a candid question that might logically be asked these days of many individuals and couples residing in central Florida locales. To wit: Are you struggling financially and worried about...
View ArticleWhat are the major differences between Chapter 13 and Chapter 7 bankruptcy?
It is not uncommon for people to consider bankruptcy a last resort. Instead of filing, they continue to battle against mounting debt and ultimately start sacrificing the timely payment of one bill to...
View ArticleMyths about credit scores after bankruptcy
The consequences of a bankruptcy are many, but people often forget that pursuing this legal step proves beneficial and the chance for a fresh financial start. Yes, there are some things that will...
View ArticleAvoiding wage garnishment
If you are struggling with debt, having your wages garnished may feel like a final blow you cannot recover from. In Florida, a creditor can garnish 25% of your income or the amount of your income that...
View ArticleYou might qualify for Chapter 13 bankruptcy — and not know it
Both Chapter 7 and Chapter 13 bankruptcy help Lake County families get out of overwhelming debt. But for many, Chapter 13 is the preferred option. Unlike Chapter 7 bankruptcy, under Chapter 13...
View ArticleEffective ways to eliminate your small-business debts with bankruptcy
If you are struggling with your business debt, you are not alone. Millions of Americans are still recovering from the economic effects of the COVID-19 pandemic, especially those who have small...
View ArticleGetting out of student loan debt in bankruptcy is difficult — but not impossible
You may have heard that you cannot discharge student loan debt through Chapter 7 or Chapter 13 bankruptcy. Actually, this is not true. U.S. bankruptcy law does allow the discharge of student loans, but...
View ArticlePeople under 40 took on more credit card debt during pandemic
Have younger adults faced the biggest financial hit related to the pandemic? A recent survey seems to support this notion. We already know that roughly half of Americans have credit card debt. A new...
View ArticleCan filing for bankruptcy stop my creditors’ collection efforts?
Having creditors chasing you for your debts can be exhausting. They won’t go away unless you pay them back, but what if you can’t afford that? If you are going through this situation, you must know...
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