Bankruptcy Lawyer | Paying Debt for a Deceased Spouse Bankruptcy Lawyer | Dealing with the loss of a deceased spouse is heartbreaking. The situation can, unfortunately, be made even harder if there is a lot of debt that needs to be resolved. Deceased Spouse and Debt Repayment Dealing with debt after the loss of your [...]
Chapter 7 Bankruptcy | Pulling Payments Back Into an Estate Chapter 7 Bankruptcy | When you file bankruptcy, the court will appoint a bankruptcy trustee. The bankruptcy trustee administers the case from reviewing all of your financial paperwork to liquidating property. The trustee is obligated to try to satisfy as many creditor claims as possible [...]
Bankruptcy Lawyer | Struggling with Financial Problems? Bankruptcy Lawyer | A few weeks back, our blog discussed how millennials were given the dubious distinction of being "the least credit savvy when compared to previous generations." We also provided some tips for millennials on how to effectively manage their finances, build credit and avoid accumulating too [...]
Chapter 13 Bankruptcy | Bankruptcy Lawsuit Over College Tuition Chapter 13 Bankruptcy | As part of an aggressive and growing tactic, bankruptcy trustees are starting to sue universities, and sometimes even the college students themselves, in an effort to take back tuition funds that had been paid years prior. The reason? Trustees feel the money that [...]
Bankruptcy Lawyer | The Foreclosure Crisis is Still Alive (Pt. 2) Bankruptcy Lawyer | If you are falling behind with your house payments and see foreclosure looming, you must act quickly. There are ways to avoid foreclosure, but the longer you wait to take action, the greater the chance of losing your home. Get a Picture of Income [...]
Bankruptcy Lawyer | Relativity Media Has Filed Bankruptcy Bankruptcy Lawyer | Entertainment company Relativity Media, the company responsible for “Immortals,” “Act of Valor,” “Oculus” and “Machine Gun Preacher,” has filed for Chapter 11 bankruptcy. The 11-year-old digital-age entertainment company founded by Ryan Kavanaugh often boasted clever financing in addition to data analysis could lead to big box [...]
Medical Bills and Chapter 7 Bankruptcy (Pt. 2) Chapter 7 Bankruptcy | Criteria for Chapter 7 Bankruptcy There are some criteria you will need to meet in order to be able to file for Chapter 7 bankruptcy. 1. Bankruptcy means test This test compares the state’s median monthly family income to your family’s income. You may [...]
Medical Bills and Chapter 7 Bankruptcy (Pt. 1) Chapter 7 Bankruptcy | Medical bills add up fast. A simple operation can cost a family thousands, and even push them into bankruptcy. In fact, medical bills are one of the most common reasons people seek relief in bankruptcy. Luckily, medical debt can be wiped out in bankruptcy. Medical [...]
Bankruptcy Lawyer | Are Foreclosures on the Rise Bankruptcy Lawyer | We've seen these numbers before and can perhaps continue to draw the same conclusions regarding them. To wit: Data relevant to housing markets in Florida and nationally can be construed as either positive or negative, respectively, depending on one's personal predilections in judging. Consider, [...]
Chapter 13 Bankruptcy | Survey Finds a Mass Under-Reporting of Debt Chapter 13 Bankruptcy | Survey findings from recent research reveal that, while many Americans report debt information concerning their mortgages, home equity loans and bankruptcies with a "striking level of accuracy," the same can't be said regarding their input on their credit card debt. [...]