Bankruptcy

What is Secured Debt Consolidation?
What is a Secured Debt Consolidation?

When facing bankruptcy, people tend to explore any and all potential alternative routes available. Depending on your current financial situation, you will have different options to consider. For some, the possibility of consolidating your payments through a credit counseling service is an attractive option. Or,...

Celebrities That Have Filed for Bankruptcy Protection
Celebrities That Have Filed for Bankruptcy Protection

Salaciously reported, the media feasts on the news of celebrities filing for bankruptcy. While filing for bankruptcy has developed a negative stigma associated with it, taking such an action doesn’t necessarily mean a person completely has no money or that it’s the wrong thing to...

What is the Difference between Secured and Unsecured Debt in Miami, FL
What is the Difference between Secured and Unsecured Debt?

Filing for bankruptcy can be a taxing process on a person mentally and emotionally, but it is important to examine and understand the different factors and aspects of your personal debts and assets so that you can better prepare yourself to financially recover. Understanding will...

Chapter 7 Bankruptcy in Miami, Florida
What is a Chapter 7 Bankruptcy?

Bankruptcy is a sometimes misunderstood term, yet it is a legal process that has been employed by millions of people over the years. The first thing to know is that there are several types of bankruptcy to consider. However, Chapter 7 is probably the best...

Chapter 7 Bankruptcy in Miami, Florida
7 Ways that a Chapter 7 Bankruptcy Is Your Family’s Best Option

Cultivating a strong income base for yourself and your family can be the difference between a comfortable living and a consistently stressful existence. However, sometimes things simply do not work out as planned. Having a game plan for times of financial struggle is essential to...

What About Marital Settlement Agreements in Bankruptcy?
What is the Role of a Bankruptcy Trustee?

One party that your Florida Bankruptcy attorney will have to interact with, on a filers behalf, is the Bankruptcy Trustee.  A Bankruptcy Trustee basically represents the interest of the creditors whom the bankruptcy filer owes money to. Under 11 USC  §704, the Bankruptcy Trustee's duties include: quickly collecting...

Florida Bankruptcy - Meeting of the Creditors
In a Florida Bankruptcy, What is The Meeting of the Creditors?

The Meeting of the Creditors in Florida Bankruptcy Within a reasonable time after the initial filing of the Florida Bankruptcy petition, clients will need to meet with the United States trustee for a "meeting of the creditors". Under 11 USCS § 341 (2012), During this meeting of the creditors, the...

What About Marital Settlement Agreements in Bankruptcy?
Marital Settlement Agreements and Bankruptcy Proceedings

Marital Settlement Agreements & Bankruptcy The Florida Bankruptcy process can be an extremely stressful one on families. In some families, the process strains the very fiber that holds the marital relationship to the point that the couple decides to petition for the dissolution of their marriage...