Category Archives: Bankruptcy Attorneys
Bankruptcy And Your Taxes: When To File?
If you are expecting a tax return, or if you are anticipating that you will owe a significant amount of tax debt, you may be wondering when you should file your tax return if you are also planning to file for bankruptcy. In other words, should you wait until after you have filed your… Read More »
Reconsidering Bankruptcy Myths And Student Loans
There is new guidance for discharging student loans in bankruptcy, which means that debtors who have student loans and file for bankruptcy can expect a new process for showing that they have met the “undue hardship” requirement that is necessary to have student loan debt discharged in a consumer bankruptcy case. Given that there… Read More »
How Will My Credit Card Debt Be Handled In A Bankruptcy Case?
Are you one of the millions of Americans with credit card debt? If you are currently struggling with credit card debt and you are considering bankruptcy, you are likely wondering: how will my credit card debt be handled in a bankruptcy case? In general, U.S. bankruptcy law allows credit card debt to be discharged… Read More »
Do I Still Need To Prove Undue Hardship To Discharge Student Loans In Bankruptcy?
With new guidance from the Department of Justice on the process for discharging student loans in bankruptcy, it is important to understand what has changed and what has not changed. For many Floridians with student loan debt who are considering bankruptcy, the news about the new guidance appears to be positive, but it may… Read More »
How Much Debt Is Too Much For Chapter 13 Bankruptcy?
If you are considering the possibility of filing for Chapter 13 bankruptcy, you might already know that there are debt limits on this type of bankruptcy. These debt limits are typically the reason that an individual who wants to file for reorganization bankruptcy will file for Chapter 11 bankruptcy instead of Chapter 13 bankruptcy…. Read More »
Does Insolvency Require A Bankruptcy Filing?
Struggling financially, as a business or an individual, can be anxiety-inducing and complicated. When an individual or a business is unable to repay its debts, the word “insolvent” may be used to describe the individual’s or the business’s financial situation. Yet the term insolvency is also discussed often in relation to bankruptcy, and it… Read More »
What Do Couples Need To Know About Bankruptcy Filings?
Can couples file for bankruptcy together? Is it possible for just one spouse to file for bankruptcy while the other spouse does not file for bankruptcy? When can couples that are separated or planning on a divorce file for bankruptcy? Do you have to be married to file a joint bankruptcy petition with your… Read More »
What Are The Options For a Business Bankruptcy?
When a business is struggling financially, it can be extremely difficult to determine what the best course of action is for the future. You might be wondering if it makes sense to close your business and to file for a liquidation bankruptcy, but you also may be interested in learning about how certain types… Read More »
When Do Debtors Receive A Discharge In Bankruptcy?
If you are considering bankruptcy — either for yourself as an individual or for your business — you may be wondering: when do debtors receive a discharge in bankruptcy? Generally speaking, discharges occur at the very end of a bankruptcy case, and that timeline can vary significantly depending upon the type of bankruptcy you… Read More »
Family Support And Bankruptcy: What To Consider
When you are considering personal bankruptcy, understanding how the specific type of bankruptcy you file for will impact your personal finances can be daunting and confusing. There are many different issues to consider in any personal bankruptcy filing, whether you are filing for a liquidation bankruptcy or reorganization bankruptcy. You likely have questions about… Read More »
