Recent Blog Posts
Price Pressures Leading to Rise in Consumer Bankruptcies
Prices at the grocery store and on other necessities continue to rise across the country. According to new data reported by CBS News, these price pressures may be one of the major causal factors behind a continuing rise in consumer bankruptcy filings. Over the last year, the numbers show that consumer bankruptcies rose by… Read More »
I Am Struggling to Make Chapter 13 Payments — Can I Switch to Chapter 7?
Individuals and married couples who choose to file for Chapter 13 bankruptcy do so for a number of reasons. Often, Chapter 13 is preferable because it is the type of bankruptcy through which a debtor can stop a foreclosure, catch up on mortgage payments, and keep their home. Chapter 13 bankruptcy also allows debtors… Read More »
Subchapter V and Debts Under Section 523(a)
Since 2019 and the passage of the Small Business Reorganization Act (SBRA), many small businesses in Florida and throughout the country have been eligible to file for a new type of bankruptcy designed specifically for smaller businesses called Subchapter V. This type of reorganization bankruptcy is a subchapter type of the traditional reorganization bankruptcy… Read More »
Will I Have to Turn Over My Tax Refund to the Bankruptcy Trustee?
As tax time quickly approaches in South Florida, anyone who is considering the possibility of filing for personal bankruptcy may have many questions about their income taxes and their bankruptcy case. In particular, if you know or expect that you will receive a tax refund this year, you may be concerned that filing for… Read More »
What Debts Will I Continue to Owe If I File for Bankruptcy?
If you file for bankruptcy, will you be able to erase all of your debts? This is often the assumption that individuals have when they are considering bankruptcy, but it is not always the case. Some individuals who file for Chapter 7 bankruptcy will have a fresh start with zero debts at the end… Read More »
Understanding Tax Liability and Bankruptcy Discharge Eligibility
Are you considering bankruptcy and wondering if you will be able to have your tax debt discharged? As you might already know, the US Bankruptcy Code expressly identified debt “for a tax or a customs duty” as an exception to discharge. In other words, this type of debt is not eligible for discharge. However,… Read More »
Filing for Bankruptcy After Losing Your Job
Losing your job may be something you were worried would happen, or it may have occurred suddenly and unexpectedly. If you have now been searching for new employment but have been unsuccessful, you may be in a position where you have begun charging necessities to your credit cards to get by while acknowledging that… Read More »
Are You Eligible to Use Florida’s Homestead Exemption in Your Bankruptcy Case?
If you are a homeowner in South Florida who is currently considering a personal bankruptcy filing — and a Chapter 7 bankruptcy filing in particular — it is critical to learn more about Florida’s homestead exemption. Whether you are going to be filing for Chapter 7 or Chapter 13 bankruptcy, exemptions will be relevant… Read More »
Eliminating Household Debt through Personal Bankruptcy
Household debt has reached a new high, and many American households are tipping toward delinquency, according to a recent report from Advisor Perspectives. As more Florida households struggle to pay their bills, they often take on additional credit card debt to pay for necessities such as food and utilities, and many are also getting… Read More »
Have Florida Bankruptcy Exemptions Changed for 2026?
If you are thinking about filing for personal bankruptcy in 2026, will any of the Florida exemptions be different from what they were last year? Generally speaking, federal dollar amounts increase every three years, and state bankruptcy exemptions under the Florida Statutes may change when lawmakers introduce legislation, as they did back in 2024… Read More »
