Category Archives: Bankruptcy in Florida
Living Paycheck to Paycheck? It May be Time to Consider Bankruptcy
A lot of consumers find themselves living paycheck to paycheck. If the situation is temporary, there is no need to consider bankruptcy. But, if you find yourself falling deeper into debt and having little funds to survive on, bankruptcy may be the answer. If you feel you’re in a dire financial situation, it may… Read More »
IRS on Your Back? Bankruptcy Can Help
The end of the year has come and gone, which means consumers are thinking about filing taxes. For some consumers, the end of the tax year is a dreaded time, because they will fall only deeper into tax debt. If you have the IRS on your back for past due tax liability, bankruptcy can… Read More »
Stop the Stress, How Bankruptcy Can Help You
There are a lot of misconceptions about bankruptcy—one of the biggest being that bankruptcy doesn’t help. Instead of being a positive financial move, consumers look at bankruptcy as a sign of failure and something that will haunt them for the rest of their lives. The truth, however, is bankruptcy can help you in many… Read More »
Should You File for Bankruptcy?
Filing for bankruptcy is probably one of the things your parents told you to never do. However, sometimes throwing in the towel is the only option you feel that you have left. If your first thought is not to file for bankruptcy because you don’t want to lose your home, you may be in… Read More »
Chapter 7 or Chapter 13?
Chapter 7 and Chapter 13 bankruptcy are the most common types of bankruptcies filed by consumers. Which Chapter is right for a particular debtor depends upon the filer’s circumstances and goals. Chapter 7 is the most common type of bankruptcy filed, but it is not appropriate for all filers. Sometimes, a Chapter 13 bankruptcy… Read More »
Florida Bankruptcy and Your Property
If you file for bankruptcy in Florida, will you lose all of your property? Some people put off filing for bankruptcy because they fear they are going to lose everything that they own. But this is not always the case. Whether you file for Chapter 7 or Chapter 13 bankruptcy, there are provisions that… Read More »
Bankruptcy and Short Selling Your Home
The short sale of a home, which means that the homeowner is selling the property for less than they owe the lender after the homeowner receives a Chapter 7 discharge has its advantages and disadvantages. However, when thinking about and planning for the future, a short sale may offer the homeowner several benefits over… Read More »
5 Ways to Rebuild Credit After Bankruptcy
After bankruptcy, the first thing you should do is work to rebuild your credit. While it may take up to ten years for something to come off your credit report, there are steps you can take long before then to improve your score—and improve the likelihood you’ll be approved for new credit in the… Read More »
Common Terms You Hear During Personal Bankruptcy
If you are not familiar with the process of bankruptcy, then you may find yourself confused by some of the terminology that’s commonly used. The U.S. Courts website offers a complete glossary of bankruptcy terms, from the common to the more esoteric. Here are some terms that you should know and understand when considering… Read More »
Credit Cards After Bankruptcy
Getting through your bankruptcy is a significant hurdle, and for that you should congratulate yourself. Now that you have decided how to achieve a clean slate, it is time to start rebuilding your credit. An essential part of this process is getting a new credit card. Yes, credit cards are one of the many… Read More »
