How Does Bankruptcy Affect Retirement Accounts in Florida?

Posted on : August 1, 2019
retirement-accounts
Are you considering filing for bankruptcy in Florida? If you have retirement accounts, it’s important to understand how to file in such a way that most, if not all, of your retirement funds are protected from liquidation by the bankruptcy court. Here’s what you need to know.  Which Type of Bankruptcy is Best for People …

What Types of Debt Aren’t Dischargeable in Bankruptcy?

Posted on : June 2, 2019
bankruptcy-discharge
A Chapter 7 bankruptcy allows you to discharge some debts by liquidating your non-exempt assets, using the funds to pay down as much debt as you can, and the rest is erased. This can be a helpful first step in regaining your financial freedom, however, not all debts are dischargeable. It’s important to understand what …

What Are Exempt Vs. Non Exempt Assets In A Bankruptcy

Posted on : May 6, 2019
Florida Attorney For Chapter 7 Means Test
When you are overwhelmed by debt, it’s difficult to know what the first step to getting out is. Bankruptcy is one option, and with each type of consumer bankruptcy — Chapter 7 and Chapter 13 — you must list both exempt and non-exempt property. Here’s what you need to know about classifying your property and …

What Is The Florida Bankrupty Means Test?

Posted on : March 25, 2019
Florida Chapter 7 Bankruptcy Attorney
The Means Test Determines if You Can File a Chapter 7 Bankruptcy The means test determines your debt to income ratio to qualify or disqualify you from filing for a Chapter 7 bankruptcy. Because a Chapter 7 bankruptcy allows you to have most, if not all, of your debt discharged, the court needs to make …

Can Filing for Bankruptcy Stop a Foreclosure in Florida?

Posted on : February 22, 2019
Foreclosure when filing a Bankruptcy in Orlando
Bankruptcy And Foreclosure In Florida During their life, many people face economic hardships that make it difficult to meet their financial obligations. For some people, an economic hardship is a one-time problem or it comes and goes. For others, dealing with financial challenges is integrated into their everyday life. Regardless of whether you fall on …