Bankruptcy is poorly perceived everywhere, including in Florida, but some of that bad reputation is simply due to a lack of understanding. This article aims to clear up some of the most common myths, misconceptions, and misunderstandings Florida residents have about the bankruptcy process, including: Why bankruptcy will not cost you your ability to get a loan or permanently ruin…Read More
In this article, you will discover: The current amount of Florida’s Motor Vehicle Exemption. How the Florida Motor Vehicle Exemption works. What to do if you are concerned about losing one of your vehicles during bankruptcy. What Changes Have Been Made To Florida’s Motor Vehicle Exemption? As of July 1st, 2024, the exemption for a personal motor vehicle in light…Read More
Bankruptcy is difficult for anyone, but it is especially complicated for seniors, who might be reluctant to take such a step so late in life but might need to do so even more. This article explains the particularities of bankruptcy over the age of 60, including: The impact of Chapter 7 bankruptcy on social security benefits and retirement accounts. How…Read More
In this article, you will discover: Whether you can keep your truck when you file for bankruptcy. What debts an independent trucker can discharge in bankruptcy. Unique challenges independent truckers face in bankruptcy. Can I Keep My Truck If I File For Bankruptcy? Whether or not you can keep your truck will depend on multiple factors. For example, is there…Read More
Bankruptcy is not a simple process, nor one people embark on without seriously compelling reasons. This means that even the smallest mistake during the petition filing or preparation can have a massive impact on your bankruptcy outcome and debt situation. Keep reading to learn more about: The perils of failing to disclose certain assets or waiting too long to file.…Read More
