Tallahassee Florida Legal Blog
Can you stay in your home if foreclosed on in Florida?
If during a financial struggle, you miss a mortgage payment; your first worry may be whether the lender will foreclose on your home. In the state of Florida, judicial foreclosure is a requirement. This means that a mortgaged property sells under the supervision of a...
read moreNew Florida bankruptcy program targets student loan debt
The U.S. Bankruptcy Court Middle District of Florida has introduced a new student loan modification program allowing those with student loan debt to reorganize and potentially discharge this debt with a Chapter 13 bankruptcy filing. Although nearly 2.5 million state...
read moreWhat is the difference between Chapters 7 and 13?
If you are one of many Americans who are struggling with overwhelming debt, it is important to understand your options. The two common types of bankruptcy that you can file in Florida are known as Chapter 7 and Chapter 13. The one that is right for you or even...
read moreTop 4 ways to prevent foreclosure
At Hathaway Sprague Law, P.A., in Florida, we represent numerous people facing financial difficulties and foreclosure of their home because of them. We therefore understand and empathize with the fact that if this description fits you, you likely will do whatever you...
read moreWhat is lien stripping?
If you own a Florida home with both a first and second mortgage on it, the possibility of foreclosure likely will be one of your biggest concerns if you encounter financial difficulties and cannot keep up with your mortgage payments. HomeGuides explains that should...
read moreWhat do you do if you cannot pay your mortgage?
A number of circumstances can lead to difficulty paying your mortgage. They can be sudden or gradual, temporary or permanent. If you go too long without making payments, the final consequence may be a foreclosure on your Florida property. Fortunately, there are steps...
read more3 benefits to declaring bankruptcy under Chapter 13
You made some financial missteps in the last few years, and now the phone calls and threats from creditors abound. You do not have enough money to pay even the high monthly minimums, so you start to look at bankruptcy as an option. With more than one type of...
read moreSix common estate planning mistakes
Estate planning takes more than looking around the house and determining who gets what. Sentimental things are an essential part of the family legacy, but it is also crucial for a parent or both parents to get their estate in order. With help from an experienced...
read moreTax bills and bankruptcy: What are your options?
As Tax Day quickly approaches, taxpayers throughout the country may find themselves facing an unmanageable tax bill. A large bill from the Internal Revenue Service (IRS) may leave you wondering: is bankruptcy an option? The answer, like many things in the legal world,...
read moreMedical bills are a factor in 60 percent of consumer bankruptcies
According to a recent survey in the American Journal of Public Health, almost 60 percent of Americans who have filed for bankruptcy cited medical bills as “very much” or “somewhat” responsible for their bankruptcy. That was more than chose student loans or home...
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