Category Archives: Bankruptcy
No Student Debt Cancellation — What Does It Mean for Student Loans and Bankruptcy?
Debtors throughout Florida with federal student loan debt were eagerly awaiting news from the U.S. Supreme Court about whether the Biden Administration’s plan to cancel $10,000 or $20,000 of student debt would be permitted to move forward. Back in the fall, many debtors were already approved by the U.S. Department of Education (DOE) for… Read More »
What Will the Automatic Stay Do For Me When I File for Bankruptcy?
Considering bankruptcy and conducting initial research into the consumer bankruptcy process will likely result in your discovery of information about the “automatic stay” and just how important it is in any consumer bankruptcy case. Yet you might be confused and wondering: what is the automatic stay, and what will it do for me when… Read More »
What is a Homestead Exemption in Bankruptcy?
If you are considering a personal bankruptcy filing in Florida, it is essential to speak with a St. Petersburg bankruptcy attorney who can provide you with information about the bankruptcy process and can clarify how exemptions work and apply to individual cases. Generally speaking, in a Chapter 7 bankruptcy case — which is a… Read More »
Will My Property Be Liquidated If I File For Bankruptcy?
Making the decision to file for bankruptcy can be difficult, and even considering bankruptcy may be stressful. For many debtors in Florida, the bankruptcy process is extremely complicated, and it can be hard to know precisely what the process will look like and what to anticipate in a bankruptcy filing. The distinctions between Chapter… Read More »
Student Loans And Bankruptcy: What To Know About The New Process
Did you know that the process for having student loans discharged in bankruptcy has changed? This is extremely important information for any debtors in Florida who are struggling with student loans and are considering the possibility of bankruptcy. As you might already know, student loans have been difficult to discharge in bankruptcy in the… Read More »
What To Know About Bankruptcy And Foreclosure
If you are considering the possibility of personal bankruptcy in Florida, or if your home is at risk of foreclosure, some initial research into either topic might lead you to realize that bankruptcy and foreclosure are frequently discussed in conjunction with one another. You might be wondering: is there a direct relationship between bankruptcy… Read More »
How Does Consumer Bankruptcy Work?
Whether you are in the initial stages of considering a consumer bankruptcy filing or you have already made the decision to file, it is essential to understand how consumer bankruptcy works. And, importantly, it is critical to understand that the term “consumer bankruptcy” does not just refer to one particular type of bankruptcy filing,… Read More »
Will My Business Be Impacted By My Personal Bankruptcy?
If you are considering the possibility of filing for bankruptcy and you are also a business owner, it is important to speak with a St. Petersburg bankruptcy lawyer who can tell you more about the differences between consumer and business bankruptcy more broadly, and who can evaluate the particular facts of your case in… Read More »
Can I File for Chapter 13 Bankruptcy?
If you are considering the possibility of filing for bankruptcy in Florida, you are likely wondering about your eligibility. It is important to know that there are different types of consumer bankruptcy, and the two most common types are Chapter 7 and Chapter 13 bankruptcies. You should understand that these kinds of bankruptcies are… Read More »
What Is Credit Counseling In Bankruptcy?
Anyone who is planning to file for bankruptcy in Florida should know that there are a number of requirements that include credit counseling and debtor education. In particular, for consumers who are planning to file for Chapter 7 bankruptcy or Chapter 13 bankruptcy, it is essential to learn more about credit counseling and debtor… Read More »
