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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

When is the right time to file bankruptcy?

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

The answer for the right time to file bankruptcy is more often now, rather than later. Usually the more common question is should I file bankruptcy with "only" $xx,xxx in credit card debt. That is almost impossible to answer. $5,000 in debt could be a drop in the bucket for some people, but a crushing amount for others. The more important issue may be to time your bankruptcy properly. I have clients who come in [...]

When is the right time to file bankruptcy?2017-01-20T00:06:00-05:00