Author Archives: Site Administrator
How to Benefit From Chapter 13 Bankruptcy
There are many ways filing for bankruptcy can be beneficial for those struggling with overwhelming debt. If a debtor has a steady income, and can possibly pay back a portion of the debt through a legal payment plan, filing for Chapter 13 bankruptcy is the most appropriate choice. Our West Palm Beach bankruptcy attorneys… Read More »
How to Avoid A Construction Lien in Florida
When homeowners hire a contractor to perform renovations or additions to their home for $2,500 or more, it’s essential that they have a thorough understanding of Florida’s Construction Lien Law in order to protect themselves from any future litigation. Section 713.015 of the 2018 Florida Statutes states that anyone who has performed labor work,… Read More »
How to Determine the Right Business Structure
There are many decisions to be made when establishing a new business, however the most important is determining the structure of the business. Business ownership varies depending on the type of business, number of owners, and financial situation. Because of these considerations and others, it is imperative that business owners choose the structure that… Read More »
Are Reverse Mortgages Protected from Foreclosure?
Reverse mortgages allow for homeowners to convert the equity accumulated in their home into cash. Due to the fact that the borrower is utilizing his equity to receive the income, many believe that this specialized type of mortgage is protected from foreclosure. It is with this false understanding that many unknowingly place themselves at… Read More »
A Renter's Guideline to Security Deposits
Most rental agreements and leases in Florida require a security deposit. A security deposit is intended to cover any damage beyond wear and tear during the lease’s timeframe. A security deposit differs from the last month’s rent, which is a pre-payment to the landlord for the last month of tenancy. Tenants in Florida have… Read More »
New Florida Law Affects Homeowners in Foreclosure
When one is facing a potential foreclosure, keeping up to date with new laws that impact this legal process in Florida is important. This information is not only necessary for knowing how to move forward, but also to help keep the fear of foreclosure at bay. A new state law has come to light… Read More »
What is a Trustee in Chapter 7 Bankruptcy?
A trustee is appointed in nearly every consumer bankruptcy case to oversee and administer the process. The trustee is independent and will work primarily for the benefit of the debtor’s unsecured creditors. Although the trustee’s role is significant, his responsibilities will vary depending on the chapter that is being filed. Our South Florida bankruptcy… Read More »
Protecting Yourself in a Business Partnership
A conversation with a friend sparks the idea for a new business that you both decide to pursue, and before you know it you’ve entered into a partnership. Although this new venture is exciting, there are steps you should take to protect yourself in a business alliance. Our South Florida business attorneys are providing… Read More »
Discharges in Bankruptcy
The ultimate goal of bankruptcy is to receive a discharge or court order that releases the individual from being responsible for repaying qualifying debts. Our South Florida bankruptcy attorneys are providing insight into discharges and what they mean for debtors. What is a discharge in bankruptcy court? Arrears that qualify to be absolved may… Read More »
How Does Bankruptcy Affect Cosigners?
If you are filing for bankruptcy, among your many concerns may be the impact this decision will have on cosigners of your loans. The amount of protection afforded to a guarantor will depend on whether the debtor is declaring Chapter 7 or Chapter 13. Our West Palm Beach bankruptcy attorneys are providing insight on… Read More »
