If you are considering filing for bankruptcy, you might already know that you can qualify for Chapter 7 only if your income is sufficiently low enough. Chapter 13 bankruptcy is an option for those who are ineligible for Chapter 7. So what is the Chapter 13 bankruptcy means test in Florida? Here’s a closer look. […]
Florida Chapter 13 cases often come with questions about cars. Clients frequently own or are financing an automobile and are worried about losing their car when they file a Chapter 13 petition. This is a reasonable concern, especially since the main benefit of Chapter 13 bankruptcy over Chapter 7 bankruptcy is that it is supposed […]
What do you do when the bills are piling up and you are no longer able to pay them all? There are several answers to this question, depending on your circumstances. For example, if you have student loans, you may be eligible for student loan forgiveness through certain options for federal student loans. Alternatively, you […]
The basic idea behind bankruptcy is that once you complete the process, you can enjoy a fresh financial start. This means that your debts are essentially wiped away, and you maintain some assets that you can use to move forward financially. While most people assume that bankruptcy covers all types of debts, that is not […]
Few students in Florida who need private student loans can get one without a cosigner. This usually isn’t a problem if you pay off your loans without assistance. But what happens if you can’t afford to pay off your debts and need to file for bankruptcy? When it comes to cosigner liability in bankruptcy, the […]
When you aren’t earning the income you expected, paying for student loans can be difficult — or even impossible. If you are facing this situation, you may be considering bankruptcy as an option for escaping from overwhelming debt. Many people start by searching, “Chapter 7 bankruptcy: the liquidation option,” but there are other bankruptcy paths […]
For many people, student loan debt is one of the most significant — and stressful — types of debt they carry. You can potentially get approved for student loans worth hundreds of thousands of dollars with no collateral and no meaningful way to pay it back. This can leave you owing money on loans that […]
When someone comes into my office for the first time considering Chapter 7 bankruptcy, they often have plenty of questions, particularly once we start discussing exemptions. Florida has some unusual exemptions compared to other states. As a result, a frequent inquiry I receive is, “What is the Florida homestead bankruptcy exemption?” This is one of […]
Filing for bankruptcy can feel daunting. Many people worry that they will never get back on their feet after bankruptcy or that retirement will no longer be possible in the future. The good news is that bankruptcy doesn’t have to destroy your retirement planning. Understanding the types of retirement accounts protected in Florida bankruptcy cases […]
Determining whether you should declare bankruptcy or not is a difficult decision. Bankruptcy may help you get out of a financial hole, but it can come with downsides, too. Effectively, you are starting your financial life from scratch… which is not as hard to recover as most people think. If you declare bankruptcy, you will […]
Take the step of calling us or filling out our contact form. We will personally make sure someone contacts you within 4 business hours to help you get on your way to answering your questions.
Lewis Roberts, PA
1540 International Pkwy #2000
Lake Mary, FL 32746