Category Archives: Chapter 7 Bankruptcy

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Chapter 7 Bankruptcy

What is Non-Dischargeable Debt When Filing for Bankruptcy?

When you file for bankruptcy, there are particular debts that you aren’t responsible for once you’ve filed. These debts are referred to as “dischargeable” debts. However, some debts do not go away after filing for bankruptcy. These types of debts are referred to as “non-dischargeable.”…

How to Answer Questions Your Family May Ask About Bankruptcy

Bankruptcy can sound intimidating, especially for family members unfamiliar with filing for bankruptcy. The misconceptions about bankruptcy and its cultural stigma make it a difficult topic to discuss, even with close family and friends. However, having open discussions with curious family members will help shed…

The Florida Bankruptcy Process — Explained

Filing for bankruptcy helps you reduce debts and undo contracts between you and creditors like credit card companies, mortgage and loan lenders, and medical bill collectors when you cannot make payments. If you can’t pay your monthly bills, are behind on house or car payments,…

How Much Does It Cost to File for Bankruptcy in Florida?

Bankruptcy is stressful and frustrating, but it’s often the best decision you can make for your financial future. If faced with what seems like an insurmountable cost in debt, bankruptcy is the best way to find a solution that resets your money management and secures…

Which debts can you discharge in a bankruptcy filing?

When you lose control of your personal finances, your obligations can pile up to a point where you can’t repay them. Falling a few months behind on your mortgage and your credit card bills might mean that you face aggressive collection tactics while still trying…

What if you have a personal injury when you file a Chapter 7 bankruptcy?

If you’re in a personal injury lawsuit but also facing mounting debt, you might be considering bankruptcy. Bankruptcy is often considered to be the last resort but is sometimes essential for a debtor. However, it’s important to know that already being in the process of a personal…

Filing an Orlando chapter 7 bankruptcy – sometimes it’s not necessary

A very nice Orlando couple who were convinced they needed to file a chapter 7 bankruptcy came to my office today for a consultation. Initially, it seemed that they had good reason to believe that filing a chapter 7 bankruptcy would be a good idea. Their home had been in foreclosure for sometime. …

Chapter 7 bankruptcy exemptions – getting it all under the umbrella

Understanding Chapter 7 bankruptcy exemptions is crucial for anyone considering bankruptcy.  A chapter 7 bankruptcy is based on a simple agreement with the bankruptcy court: surrender your property and you will receive a complete discharge forever for most debts, including credit card debt, mortgage debt, car loans, personal loans,…

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