If you’re having trouble paying your bills, bankruptcy in Florida can be the answer. Borrowers who file for bankruptcy can immediately halt all collection attempts and start again. After declaring bankruptcy, all phone conversations, wage garnishments, foreclosure sales, and collection notifications must cease immediately. Bankruptcy also gives a debt discharge, allowing people to start over…
Even if you’ve had a bankruptcy in the past, becoming a Florida homeowner is still possible. Many people in Florida may receive a mortgage after filing for bankruptcy. Mortgage lenders understand that no application is flawless, and they have procedures in place to help people become homeowners. After bankruptcy, it is doable to refinance your…
1- Bankruptcy is only for a company’s financial problem This should not necessarily be the case. Serious debt problems such as excessive credit card debt, outstanding medical bills, foreclosure, lawsuits, repossession, and garnishment, can easily be addressed in a Southern District of Florida Bankruptcy court process. 2- All my debs are included Unfortunately, there…
We understand that declaring Bankruptcy in Fl for Debt Relief is not always an easy decision. The issues and complexity surrounding the matter may not help with this important decision. Our Attorneys understand how important it is to attain peace of mind after suffering from financial duress. Not only for you but in most cases…
Unpaid medical bills can take a toll on your life just like the burden on many Florida residents. That’s especially true for Florida Residents without health insurance. People who have insurance are also likely to be affected by high insurance deductibles and copays. However, a startup company called Better was recently formed to help people…
Credit cards, adjustable-rate mortgages and home equity loans tie their interest rates to a rate set by the Federal Reserve. This rate establishes the cost of short-term loans between banks, and increases ripple out to Florida borrowers and affect their payments. The Federal Reserve has already raised this critical rate twice in 2017 by one-quarter…
Medical Bill Lawyer Since the implementation of the Affordable Care Act, a rising number of people in Florida and the rest of the nation have been using health plans that have high deductibles. This is according to a study recently conducted by the National Center for Health Statistics at the United States Centers for Disease…
Hardship Discharge Florida residents who are struggling with debt might wonder whether they can file for bankruptcy and if they can discharge recent debts. In a West Virginia case, a bank tried to claim that a debtor could not hardship discharge almost $8,000 worth of credit card debt incurred around two months before she filed…
If a Florida resident files for Chapter 7 bankruptcy, it will likely stay on his or her credit report for 10 years after the filing date. If a person files for Chapter 13 bankruptcy, it will remain on the report for seven years. Unfortunately, there are very few instances in which a person can get…
Florida residents may be aware that a lender may repossess a car for not making auto loan debt payments. Even if the car is repossessed, a borrower may still be on the hook if the amount that the lender receives from a subsequent sale is less than the balance remaining on the loan. This is…
