Category Archives: Bankruptcy
Bankruptcy & Private School Issues
For a variety of reasons, many parents in the U.S. choose to send their children to private schools. It can be a good fit for some children, but it does come at a cost. These school costs can become an issue if one or both parents file for bankruptcy. While a lot will depend… Read More »
Will Bankruptcy Help With Divorce Obligations?
Sometimes, a divorce can trigger a financial crisis for one or both parties involved. Adding divorce-related financial obligations like alimony or child support can cause significant problems, which may even lead to bankruptcy. It is perhaps natural to wonder if filing for bankruptcy will eliminate any of these obligations. Support Obligations The U.S. Bankruptcy… Read More »
Misconceptions About Chapter 13 Bankruptcy
When most people file for bankruptcy, they file under Chapter 7 of the U.S. Bankruptcy Code. However, there is another alternative. Chapter 13 is available to debtors who have slightly different circumstances than the average bankruptcy filer, and while there are a few more obligations to filing Chapter 13, it may benefit you more… Read More »
How Will My Bankruptcy Affect My Spouse?
Bankruptcy is a last resort for the overwhelming majority of people. If you are forced by circumstance to have to file, you almost certainly have a thousand questions about the future, and that load doubles if you are married. Many couples file for bankruptcy jointly, but this is not always the best choice, and… Read More »
Considering Bankruptcy During Tax Time
If you are like the numerous other Americans who file for bankruptcy protection every year, you may be concerned about the long-term implications of filing. Maybe you worry how you will be able to afford a bankruptcy lawyer, or how long it will take to rebuild after the initial financial crash. But one thing… Read More »
Top 5 Bankruptcy Myths Dispelled
Deciding to file for bankruptcy is a huge decision. It will impact your life for years and can cause a lot of stress. But if your head is spinning with questions about how to file and what will happen if you do, then take comfort. You are not alone. CNN Money estimates that 72… Read More »
Will Bankruptcy Keep Me From Getting a Job?
Credit affects everything these days. From financing a new car to getting a job, we know that our credit can make a difference. It can be the difference between paying 0 percent interest for a new car or 15 percent or more. When it comes to employment, there is a lot of misinformation on… Read More »
How do Bankruptcy Lawyers Get Paid?
You might wonder how you can afford to pay a bankruptcy lawyer if you are unable to pay your other bills. If so, you are not alone. But the cost of retaining an Orlando bankruptcy lawyer may be more reasonable than you think. It is, however, important to understand how a bankruptcy lawyer is… Read More »
Three Ways to Restore your Credit After Bankruptcy
When a person finally resolves to file for bankruptcy, it can be quite an emotional journey. Some feel anxiety about the future; others find a long-deserved sense of relief. Whatever the emotions, one question typically hangs over people: How do I restore my credit after this? The answer is pretty straightforward. Time and good… Read More »
I’m Going Bankrupt: Can I Save My Business?
Central Florida is home to many small business owners and plenty of not-so-small business owners. Bankruptcy lawyers in Orlando are often confronted with this difficult question, because going bankrupt is a very different process for those who earn their living by being self-employed. After all, if you are working for someone else, you may… Read More »
