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Monthly Archives: November 2022

Bankr12

What Are The Benefits Of Chapter 11 Bankruptcy?

By Kelley Kaplan & Eller |

If you are considering a Chapter 11 bankruptcy filing, you may be wondering about the pros and cons of a reorganization bankruptcy for your business. Our West Palm Beach Chapter 11 bankruptcy lawyers can provide you with more information about the benefits of Chapter 11 bankruptcy in South Florida. You Can Keep Your Business… Read More »

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What Is A Bankruptcy Discharge And Who Gets One?

By Kelley Kaplan & Eller |

If you are planning to file for bankruptcy, you have likely heard of the term “bankruptcy discharge.” You may have some idea about how a discharge works, and what it means for your debt. However, it is important to know that the bankruptcy discharge is different depending upon the type of bankruptcy that the… Read More »

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What You Should Know About Chapter 7 Bankruptcy For Corporations And LLCs

By Kelley Kaplan & Eller |

Bankruptcy cases for corporations and LLCs are different from bankruptcy cases for other types of businesses, especially for sole proprietorships and for many partnerships. First, it is important to know that both corporations and LLCs can file for bankruptcy. The type of bankruptcy that the business files for will determine whether it can continue… Read More »

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Will I Be Able To Keep My Disability Benefits If I File For Bankruptcy?

By Kelley Kaplan & Eller |

If you are struggling to pay your bills and your debt is piling up, you might be considering various options that include filing for bankruptcy. Yet for anyone who receives disability benefits, the prospect of filing for bankruptcy can be stressful because you are likely wondering: will I be able to keep my disability… Read More »

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Can I File For Bankruptcy If I Am Retired?

By Kelley Kaplan & Eller |

If you are retired and living in Florida, but you are struggling with debt, you might be considering personal bankruptcy. More precisely, you may be wondering if you are eligible for bankruptcy, or if you can file for bankruptcy. Often, the better question to ask is whether you should file for bankruptcy once you… Read More »

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Should I File For Bankruptcy If Most Of My Debt Is From Student Loans?

By Kelley Kaplan & Eller |

Anyone who is thinking about filing for consumer bankruptcy but has a majority of their debt from student loans should work with an attorney to understand how student loan debt discharges work. It is important to know that student loans can be discharged in some bankruptcy cases, but student loans are much more difficult… Read More »

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Student Loan Program And Repayment Through A Bankruptcy Proceeding

By Kelley Kaplan & Eller |

Federal student loans have been in forbearance since 2020. Beginning in January 2023, borrowers will once again need to begin making payments on federal student loans. While President Biden has announced plans to forgive $10,000 of student loan debt for each federal student loan debt holder, and up to $20,000 for debtors who received… Read More »

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How Does My Income Affect My Eligibility For Bankruptcy?

By Kelley Kaplan & Eller |

Understanding how income affects a bankruptcy case can be complicated. Depending upon the type of bankruptcy you are considering or researching, you might learn that too much income can prevent you from being eligible to file for consumer bankruptcy. For other types of bankruptcy, you might learn that a regular income is necessary to… Read More »

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Misconceptions About Bankruptcy

By Kelley Kaplan & Eller |

Whether you are researching different bankruptcy options yourself or speaking with friends, family members, or colleagues about bankruptcy, it is important to remember that many misconceptions about bankruptcy are shared routinely. While certain internet sites can provide you with helpful information, and sometimes family members or colleagues will be able to offer useful advice,… Read More »

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Personal Guarantees And Business Bankruptcy: What To Consider

By Kelley Kaplan & Eller |

If you own a business and your business is considering the possibility of bankruptcy, it is important to consider whether you have made any personal guarantees for business loans or lines of credit and how any personal guarantees could impact the bankruptcy case or your personal finances. You may have provided a personal guarantee… Read More »

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