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Credit Card Lawsuits, Debt Settlement, and Other Updates

Lewis Roberts, Florida Bankruptcy Lawyer2017-01-20T00:06:01-05:00

I have blogged in the past regarding credit card debt lawsuits and debt settlement. A recent article in the Sun Sentinel shows that credit card companies and debt buyers are trying harder to collect. Small claims courts in Broward and Palm Beach counties are reporting a spike in the number of cases against debtors, who typically owe between $2,000 to $4,000. Some judges say they are handling more than 25 such cases a week, compared [...]

Credit Card Lawsuits, Debt Settlement, and Other UpdatesLewis Roberts, Florida Bankruptcy Lawyer2017-01-20T00:06:01-05:00

Can I Go to Jail If I Don’t Pay My Debts?

Lewis Roberts, Florida Bankruptcy Lawyer2017-01-20T00:06:01-05:00

Many people think they can go to jail (debtor's prison) for not paying their debts. This is not true. It is your right to ignore a lawsuit, if you want to – up to a certain point. I don’t think that is a very good strategy, but it is your right. If for whatever reason you don’t want to fight a lawsuit against you, it can be ignored. But a judgment will likely be entered [...]

Can I Go to Jail If I Don’t Pay My Debts?Lewis Roberts, Florida Bankruptcy Lawyer2017-01-20T00:06:01-05:00

New Credit Bureau Policy May Help Repair Your Credit Score

Lewis Roberts, Florida Bankruptcy Lawyer2017-01-20T00:06:01-05:00

A recent Fox 35 Orlando news story shows how Experian's new credit reporting policy can actually help improve one's credit score after losing a home to foreclosure. News that the Experian Credit Agency is the first to count rental histories when calculating one's credit score, is the first solid bit of hope she's had in awhile. The woman featured in the news piece lost her home to foreclosure, rented a similar house literally around the [...]

New Credit Bureau Policy May Help Repair Your Credit ScoreLewis Roberts, Florida Bankruptcy Lawyer2017-01-20T00:06:01-05:00

Bankruptcy Exemption Planning: What to Do or Not To Do (Part 2)

Lewis Roberts, Florida Bankruptcy Lawyer2013-12-19T12:50:06-05:00

This is the second installment of bankruptcy exemption planning and more things to do or not to do before filing bankruptcy. I will also focus on how your bank accounts can be affected by bankruptcy. Your retirement accounts are usually exempt from all creditors. So before you start taking money out of those accounts in an attempt to pull yourself out of debt, you should consult with me. I have seen people drain their retirement [...]

Bankruptcy Exemption Planning: What to Do or Not To Do (Part 2)Lewis Roberts, Florida Bankruptcy Lawyer2013-12-19T12:50:06-05:00

Your Debt in Bankruptcy: Secured and Unsecured

Lewis Roberts, Florida Bankruptcy Lawyer2017-01-20T00:06:02-05:00

Bankruptcy generally involves two types of debt - secured and unsecured. Let's start with secured debt. Debt that is secured generally means that you pledge an asset to assure the payment of the loan. The most common examples are car loans and mortgage loans. If you don't pay your car loan, the lender will repossess the car. If you don't pay your mortgage loan, the lender will foreclose and take the property back. There are other types [...]

Your Debt in Bankruptcy: Secured and UnsecuredLewis Roberts, Florida Bankruptcy Lawyer2017-01-20T00:06:02-05:00

Motion For Relief From Stay In Florida Bankruptcy Cases

Lewis Roberts, Florida Bankruptcy Lawyer2017-01-20T00:06:04-05:00

The motion for relief from stay in bankruptcy - it even sounds scary. And it can be. When you file for bankruptcy, you are protected by the "automatic stay". This prohibits creditors from taking any action to collect debts or from taking property which may be secured by the creditor's loan. A motion for relief from stay (MFRS) is the creditor's request to the court to get permission to continue its collection of the debt. [...]

Motion For Relief From Stay In Florida Bankruptcy CasesLewis Roberts, Florida Bankruptcy Lawyer2017-01-20T00:06:04-05:00

Chapter 13 Bankruptcy Better Than Debt Consolidation For Florida Residents?

Lewis Roberts, Florida Bankruptcy Lawyer2017-01-20T00:06:04-05:00

Is Chapter 13 Bankruptcy Better Than Debt Consolidation For Florida Residents? Florida consumers have been watching the late-night television commercials and getting suckered into debt consolidation. With wild promises to repay all of your bills at one low monthly fee, people who live near me in Orlando, Daytona beach, Ormond Beach, Palm Coast, and Port Orange have been calling asking me why I think debt consolidation is bad for Florida residents. The answer is simple, but [...]

Chapter 13 Bankruptcy Better Than Debt Consolidation For Florida Residents?Lewis Roberts, Florida Bankruptcy Lawyer2017-01-20T00:06:04-05:00