Category Archives: Bankruptcy Attorneys
What Are the Pros and Cons of Subchapter V Bankruptcy in Florida?
As you may know, Subchapter V was created in 2019 through the Small Business Reorganization Act (SBRA), and it went into effect in February 2020. The aim was for smaller businesses to have a more streamlined reorganization bankruptcy option. Subchapter V is a subchapter of Chapter 11, which means it is a form of… Read More »
Are All Debts Repaid in a Chapter 13 Bankruptcy?
Are you struggling with debt and considering the possibility of a Chapter 13 bankruptcy filing? If so, you may already be aware that Chapter 13 bankruptcy cases operate much differently than Chapter 7 bankruptcy cases for individuals. While Chapter 7 bankruptcies do not require debtors to repay any debts that are eligible for discharge,… Read More »
What Happens to Disability Benefits in Personal Bankruptcy Cases?
If you are currently receiving disability benefits and planning to file for bankruptcy in South Florida, or if you are intending to file for disability benefits or have an application pending, it is essential to understand how a bankruptcy filing could affect your disability benefits. Generally speaking, most disability benefits are “exempt” in a… Read More »
Property Liens and Bankruptcy
If you have a lien on your property, whether you are an individual or a business, what will happen to that lien when you file for bankruptcy? The answer to the question can vary widely depending on the type of lien and the type of bankruptcy you are filing. Understanding the differences among the… Read More »
What Does It Mean to Convert a Bankruptcy Case?
Whether you are trying to determine whether it is possible to change the type of bankruptcy case you have filed for, or you have learned about an involuntary conversion in your bankruptcy case, it is important to discuss the specific details of your bankruptcy with a West Palm Beach bankruptcy attorney. In the meantime,… Read More »
How to Plan for Bankruptcy Around the Holidays
During the holiday season, individuals and families in South Florida often struggle financially, and they try to think about ways to manage money during a time of the year that often requires a significant amount of spending. Each year, individuals and families alike try to set aside money to cover holiday season expenses, but… Read More »
Can I Be Evicted If I File for Bankruptcy?
If you are considering a personal bankruptcy filing in South Florida, we know that you are likely to have a wide range of questions and concerns about the implication of the filing, as well as the benefits it will provide for you. One question that bankruptcy filers often want to know is whether they… Read More »
Avoiding Property Transfers Prior to a Bankruptcy Filing
Individuals who are planning to file for bankruptcy, including liquidation or reorganization bankruptcy, need to think carefully about any asset transfers they are considering prior to the filing. There are many reasons that people transfer assets, from sending money to adult children or other relatives to making gifts. Yet transferring assets in the time… Read More »
Bankruptcy for Startups in South Florida
Do you own a startup in South Florida that is struggling financially? For entrepreneurs in South Florida, the possibility of a business bankruptcy filing can be confusing and anxiety-inducing, but it is important to know that many startups consider different types of bankruptcy. Indeed, some startups file for reorganization bankruptcies, which allow their businesses… Read More »
Can I File for a Partial Bankruptcy?
Many residents of South Florida find themselves in situations where they may be current on certain debts and up-to-date with particular creditors, but falling significantly behind with others. For example, you might be avoiding payments on credit cards and medical bills in order to ensure that you are paying your mortgage each month and… Read More »
