Bankruptcy Attorney | Money-Saving Tips Bankruptcy Attorney | Every year credit card consumers miss out on an extra $240 that could be put towards retirement savings by not directing cash rewards from credit cards to retirement accounts. This is according to a new study done by Fidelity. Missed Opportunity Only 9% of cardholders elect to invest their [...]
Chapter 13 Bankruptcy | Bankruptcy and Unlisted Assets Chapter 13 Bankruptcy | It is critical that you properly list your assets while filing for bankruptcy. Serious consequences can fall to those debtors who fail to disclose or who significantly undervalue assets in the bankruptcy Petition and Schedules. Courts hold that the debtor has an absolute [...]
Bankruptcy Attorney | How the Bankruptcy Courts Treat Student Loan Debt Bankruptcy Attorney | In our last post, we began discussing how people of all ages here in the U.S. are having difficulties with student loan debt. Indeed, statistics from the Consumer Financial Protection Bureau reveal that as many as one out of every four [...]
Bankruptcy Attorney | Bankruptcy Repayment Plans Bankruptcy Attorney | Many people are not aware that bankruptcy relief comes in different shapes and sizes. Most know about Chapter 7 bankruptcy: You know, the one where you just “get rid of all your debts” without having to pay anything. Chapter 7 these days has a lot of eligibility requirements, [...]
Chapter 7 Bankruptcy | Should You Start Repaying Debts Before Filing? Chapter 7 Bankruptcy | Why pay off a credit card or other debts before you file bankruptcy? This would seem to be a counter-intuitive thing to do. After all, you’re filing bankruptcy presumably because you need to eliminate debts. But many debtors choose to [...]
Bankruptcy Attorney | There is More to Bankruptcy Than Filling Out Forms Bankruptcy Attorney | There is a great misconception out there shared by many that filing bankruptcy is simple–that all you need to do is fill out some forms, attend a meeting, and you get rid of all your debts. This idea is shared by [...]
Bankruptcy Attorney | Counseling Sessions for Those Considering Bankruptcy Bankruptcy Attorney | In Florida and all other states, excepting North Carolina and Alabama, the U.S. Trustee Program administered by the United States Department of Justice has plenary regulatory and oversight powers over counseling and education requirements regarding bankruptcy. A consumer information pamphlet written by the [...]
Chapter 7 Bankruptcy | Understanding Chapter 7, 11, and 13 Bankruptcy (Pt. 1) Chapter 7 Bankruptcy | Bankruptcy means seeking help to get back on strong financial footing. That often means forfeiting some of your property through the process of liquidating your assets. But specifically what happens to your property in bankruptcy is entirely based [...]
Bankruptcy Attorney | Student Loan Debt and Bankruptcy Law Changing (Pt. 2) Bankruptcy Attorney | Current Attempts At Discharging Student Loan Debt in Bankruptcy Yearly, fewer than 1,000 people nationwide attempt to discharge their student loans via bankruptcy. According to a Wall Street Journal analysis, 713 such lawsuits were filed in 2014. But that process is both [...]
Bankruptcy Attorney | Reality TV Star Charged With 20 Counts of Bankruptcy Fraud Bankruptcy Attorney | Regardless of whether you consider yourself a fan of so-called "reality television," the fact remains that these programs draw huge ratings and, as such, will continue to be produced by networks anxious to find their next big hit. Interestingly [...]