Dealing with debt can be stressful — especially if you aren’t sure how you’ll repay it. If you earn a regular income, have the ability to repay at least some of your debt, and want to keep the assets you have, declaring Chapter 13 bankruptcy may be an option for you. This form of bankruptcy […]
Category Archives: Chapter 13 Bankruptcy
Avoiding Chapter 13 Bankruptcy Dismissal in Florida: Key Tips
If you are struggling with your debts, consider bankruptcy as a solution to your financial problems. While many people fear the consequences of bankruptcy, if you are proactive and responsible, Chapter 13 bankruptcy can fix your financial situation without harming your long-term prospects. Chapter 13 bankruptcy allows you to discharge the majority of your debts […]
The Chapter 13 Bankruptcy Means Test in Florida: A Simple Guide
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. […]
Chapter 13 Bankruptcy and Your Car Payment
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 […]
Chapter 13 Bankruptcy and Student Loan Forgiveness Programs: Can You Still Qualify?
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 […]
How Often Can You File Bankruptcy?
If you’ve filed for bankruptcy in the past, you know the powerful financial relief it can provide. When you find that your bills are once more too much to keep up with, you might be wondering if filing a second time is an option and how soon you can file. However, bankruptcy refiling rules depend […]
Unemployment and Filing Bankruptcy
If you’ve recently lost your job and the bills are piling up, you might begin to wonder, “Can you file bankruptcy while unemployed?” The good news is you’re allowed to file for bankruptcy while you’re unemployed. However, before doing so, it’s important to consider whether it’s the best way out of your current financial situation. […]
Using Chapter 13 Bankruptcy to Eliminate Second Mortgages in Florida
Florida Chapter 13 bankruptcy cases often involve people with two mortgages. Can Chapter 13 help alleviate the pain and stress? This is one of the most powerful tools available in a Chapter 13 bankruptcy case, especially when guided by an experienced Chapter 13 lawyer. With the real estate boom, many Florida residents bought homes with […]
Chapter 13 Bankruptcy Payment Plans: What You Need to Know
Chapter 13 bankruptcy is a popular type of bankruptcy that gives filers breathing room to get their finances back on track. If you have filed for Chapter 13 bankruptcy, it is vital to take great care to comply with the terms of the plan to avoid serious legal and financial consequences. Jacksonville Bankruptcy Court Payment […]
How Chapter 13 Bankruptcy in Florida Affects Child Support Payments
When filing a Chapter 13 bankruptcy in Florida, it is important to understand how child support payments and any arrears are impacted. Unlike Chapter 7, where an attempt is made to pay off these debts as part of liquidating assets, Chapter 13 requires you to catch up on any past due balances. Working with an […]