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Qualifying for Chapter 7 in Orlando, Daytona Beach, Ormond Beach, or Palm Coast

2017-01-20T00:06:00-05:00

Families in Orlando, Daytona Beach, Ormond Beach, and Palm Coast will find it more difficult to qualify for Chapter 7 bankruptcy on November 1, 2011. The State Median Family Income by Family Size for bankruptcy gets updated from time to time. In the past, for the most part, the numbers would go up. But lately, the numbers have been decreasing. In Florida, they income numbers are as follows: Household of 1 = $41,334 Household of 2 = [...]

Qualifying for Chapter 7 in Orlando, Daytona Beach, Ormond Beach, or Palm Coast2017-01-20T00:06:00-05:00

What is a Deed In Lieu? (And why it might be bad)

2011-06-21T13:25:32-04:00

What is a deed in lieu? Or deed in lieu of foreclosure? It is the process of signing the deed over to your mortgage lender to avoid the completion of a foreclosure on the property. It is a favorite subject right now, but one with lots of misinformation under the umbrella of "what is a strategic default?" It is popular in this mortgage meltdown to search for ways to get out from an underwater mortgage. A [...]

What is a Deed In Lieu? (And why it might be bad)2011-06-21T13:25:32-04:00

FDCPA and Bill Collectors: How To Make Them Stop Harassing You

2017-01-20T00:06:01-05:00

The Fair Debt Collection Practices Act (or FDCPA) requires certain proper behavior for debt collectors and debt buyers. You are not supposed to be harassed over your debt. How many times a day does that bill collector call you?  Once, three, five, over ten times a day? Have you stopped answering the phone at all because they won't leave you alone? Debt collector laws most often appear in my practice after the filing of a bankruptcy. [...]

FDCPA and Bill Collectors: How To Make Them Stop Harassing You2017-01-20T00:06:01-05:00

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

2017-01-20T00:06:01-05:00

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?2017-01-20T00:06:01-05:00

Florida Chapter 13 Bankruptcy Mortgage Modification Program

2013-12-19T12:43:41-05:00

Chapter 13 bankruptcy filers in Florida have yet another way to press for mortgage modification. If you filed for Chapter 13 bankruptcy in Florida you may qualify if you: want to keep your home; cannot afford current mortgage payments; and can afford to pay 31% of net income to a modified mortgage. This new Mortgage Modification Mediation program gives you and your mortgage lender an opportunity to discuss whether modifying your mortgage loan is feasible. [...]

Florida Chapter 13 Bankruptcy Mortgage Modification Program2013-12-19T12:43:41-05:00