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Living in Florida does not make you immune to the effects negative financial situations have on a marriage. Bankruptcy may be the answer to your financial woes even if you decide to divorce. However, which one you decide to do first depends on your unique...
According to CNBC, two-thirds of individuals who file bankruptcy each year cite medical bills as a key contributing factor. That means more than half a million families turn to bankruptcy because of outstanding medical costs or time out of work. Unaffordable mortgage...
Money problems account for one of the biggest reasons that couples divorce in Florida. When one spouse has debt or poor credit, it can hamper the financially stable spouse. This is true even when the stable spouse has excellent credit and makes good money. When this...
Bankruptcy can clear up debt and allow people to enjoy a fresh start in their lives, but there are various issues that may arise during the process. For example, someone may decide to quit their job, and they may wonder how this will affect their bankruptcy. Or, they...
If you are like one of the hundreds of thousands of Americans who have gotten in over your head with credit card debt and other financial obligations, you may have looked into bankruptcy. While bankruptcy is a great way to get a fresh financial start, you should only...
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...
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...
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...
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...
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,...