Monthly Archives: June 2026
Younger Adults Are Filing for Bankruptcy
Bankruptcy filers are often presumed to be middle-age or older adults who have spent a significant number of years incurring debt and struggling to get back on track financially. Yet young people also file for bankruptcy, and according to a recent report in Business Insider, even more younger Millennials and Gen Z adults are… Read More »
How Long Does Personal Bankruptcy Remain on a Credit Report?
If you are considering a personal bankruptcy filing in South Florida, you may be wondering: how long will the bankruptcy show up on my credit report? Many debtors have heard common myths and misconceptions about individual bankruptcy filings, including that the bankruptcy case will be on their credit reports forever or that they will… Read More »
How Will a Bankruptcy Filing Impact My Mortgage?
Are you considering a consumer bankruptcy filing as an individual or with your spouse, but wondering how the filing will impact your current mortgage? The answer to that question will depend on a number of factors, including the type of bankruptcy you are filing for and how much equity is currently in your home…. Read More »
When an Individual Should File for Chapter 11 Bankruptcy
Chapter 11 bankruptcy is typically a type of bankruptcy that is filed by businesses in Florida. Yet there are certain cases in which an individual files for this type of bankruptcy. If you are considering personal bankruptcy either — filing either individually or jointly with your spouse — when should you be considering Chapter… Read More »
Filing for Chapter 7 Bankruptcy to Stop a Lawsuit
Have you recently received notice of a civil lawsuit against you that was filed by a creditor or debt collector in an attempt to recover debt you owe? Creditors and debt collectors can file lawsuits against debtors when they are in default, and even when they are delinquent on debts in some circumstances. Under… Read More »
How Inflation is Driving Bankruptcy Filings
Inflation is currently high in Florida and throughout the United States, and it is only expected to increase. Inflation is a term that refers to the rise in the cost of products or goods and services in an economy. It is not measured by the rise in one or several specific products or services,… Read More »
What Are My Business’s Bankruptcy Options in Florida If I Want to Remain Operational?
Is your South Florida business currently struggling with debt but hoping to keep its doors open while finding a path toward ending debt? For most businesses that are under such circumstances, working with a bankruptcy lawyer to identify an appropriate type of reorganization bankruptcy is precisely what the business needs. Our West Palm Beach… Read More »
Higher Interest Rates May Lead to More Consumer Debt and Bankruptcy Filings
Interest rates in Florida and across the United States continue to rise, making it more difficult for consumers to access affordable loans and for debtors with unsecured debts to be able to pay off the debts they owe. According to a recent report from the Committee for a Responsible Federal Budget, the “30-year Treasury… Read More »
Florida Court Case Addresses Abbreviation of Bankruptcy on Credit Reports
How will your bankruptcy case show up on your credit report, and what will the implications be for your future financial prospects? A recent case in the Middle District of Florida addressed a complaint under the Fair Credit Reporting Act (FCRA) concerning the manner in which a Chapter 7 bankruptcy case was reported on… Read More »
What is the Right of Redemption in a Chapter 7 Personal Bankruptcy?
If you are currently considering a personal bankruptcy filing and you have certain personal assets that have been secured by a lien, an issue that you will want to address with your South Florida bankruptcy attorney is the right of redemption under the United States Bankruptcy Code. The right of redemption, which exists under… Read More »
