Category Archives: Bankruptcy
How to Prepare to File for Chapter 13 Bankruptcy in Florida
Filing for any type of bankruptcy can be complicated, but there are some additional complications in Chapter 13 bankruptcies that it is important for consumers to consider as they are getting ready to file. In addition to a recent change in the law that reduces the debt ceiling for a Chapter 13 filing, there… Read More »
Planning for Chapter 13 Bankruptcy in 2024 and Beyond
If you have been considering a Chapter 13 bankruptcy filing but you are near the current debt limit, it is critical to seek advice from a bankruptcy lawyer in St. Petersburg as soon as possible because the expanded debt limit will soon revert unless Congress acts. As you might be aware, the passage of… Read More »
Protecting Your Assets in a Chapter 7 Bankruptcy
There are a wide range of myths and misconceptions about how Chapter 7 bankruptcy works, and many people who are struggling with debt try to avoid filing for bankruptcy because they have heard that they will have to give up all of their property if they want to file and have debts discharged. It… Read More »
If I Own a Sole Proprietorship, Can I File for Personal Bankruptcy?
When you are struggling with personal debt and run your own small business, there is a good chance that your business is also struggling. This is especially true for sole proprietors in the St. Petersburg area who are trying to run a successful business while managing what can seem like insurmountable debt. For many… Read More »
What is a 341 Meeting of Creditors in a Bankruptcy Case?
Anyone who is considering or is planning to file for Chapter 7 or Chapter 13 bankruptcy should learn more about the steps of the bankruptcy process that they should expect. Generally speaking, the steps in your individual bankruptcy process will depend upon whether you file for Chapter 7 or Chapter 13 bankruptcy, as well… Read More »
What Are Exceptions to Discharge in Bankruptcy?
Are you considering filing for bankruptcy in Florida? If so, one of the first steps you should take is to determine whether your debts are eligible for discharge — especially if you are seeking a fresh start by filing for Chapter 7 bankruptcy. To be clear, many consumer debts can be discharged according to… Read More »
Making the Most of New Bankruptcy Process for Student Loans
For many years, student loan borrowers have struggled with monthly payments and have often felt like their educational debt balance was preventing them from moving forward with their lives. Indeed, for many student loan borrowers in Florida, debts in the tens of thousands of dollars — and often much more — can mean high… Read More »
How Does Bankruptcy Offer a Fresh Start?
Many Floridians who are struggling with debt consider filing for Chapter 7 bankruptcy or Chapter 13 bankruptcy, especially when they hear that bankruptcy can offer a fresh start. But what does it mean when someone says that bankruptcy can give you a fresh start? Generally speaking, the idea of a relatively quick financial “fresh… Read More »
Bankruptcy and the Holiday Season: What You Should Know
The holiday season often involves spending a significant amount of money — or at least spending more money than you do on a regular monthly basis — during the holidays. For people who are already struggling with debt, the holiday season can be especially stressful, and they may feel pressure to purchase gifts and… Read More »
Students Loans Have Restarted: Should You File for Bankruptcy?
As of October 2023, federal student loan payments have resumed. What that means for debtors in the St. Petersburg area is that they will need to begin planning for monthly student loan payments alongside other financial obligations. For student loan holders who were already struggling with debt before loan payments resumed, the addition of… Read More »
