Category Archives: Bankruptcy Attorneys
What Is A Bankruptcy Discharge And Who Gets One?
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 »
What You Should Know About Chapter 7 Bankruptcy For Corporations And LLCs
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 »
Will I Be Able To Keep My Disability Benefits If I File For Bankruptcy?
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 »
Can I File For Bankruptcy If I Am Retired?
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 »
Should I File For Bankruptcy If Most Of My Debt Is From Student Loans?
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 »
How Does My Income Affect My Eligibility For Bankruptcy?
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 »
Misconceptions About Bankruptcy
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 »
Personal Guarantees And Business Bankruptcy: What To Consider
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 »
Things To Consider About Bankruptcy And Cosigners
There are many different situations in which an individual might ask a friend or family member to cosign a loan they are seeking, whether it is a loan for an automobile, for a mortgage, or for another asset. As the Consumer Financial Protection Bureau (CFPB) explains, a cosigner “takes full responsibility for paying back… Read More »
What Is The Difference Between A Dismissal And A Conversion Of A Bankruptcy Case?
If your business has filed for bankruptcy, or if you have recently filed for consumer bankruptcy as an individual, you may be wondering if it is possible to convert your bankruptcy case to another chapter. Or, in some cases, you might want to put an end to your bankruptcy case before a discharge occurs…. Read More »
