If you are staggering under a mountain of debt and have a second mortgage on your home, you may wonder if you could benefit from lien stripping under a Chapter 13 bankruptcy filing. Lien stripping is a process that denies creditors holding a second mortgage from...
Representation With Dignity Since 1987
Year: 2019
Why you shouldn’t delay filing for bankruptcy
As a small- or mid-sized business owner, you put extensive time, energy and resources into your business. Whether you own a Tampa hotel, restaurant, strip mall, apartment complex or more, the first sign of budgeting or financial troubles may worry you. Yet, when the...
Did you get sucked into a scam? Find legal ways out of debt
Indebted consumers who are struggling with a mountain of debt are prime targets for con artists and scammers. The crooks realize that desperate people often are frantic to get out of their financial distress, and they exploit this vulnerability. One scam making its...
Do you understand the repayment plan for Chapter 12?
If you have filed for a Chapter 12 bankruptcy, you likely heard from your attorney about the need to file a debtor repayment plan within three months of your filing the petition for bankruptcy. Your Chapter 12 repayment plan must establish set amounts that you pay the...
I failed the means test. What happens next?
Consumers often get uneasy when they fail the means test to file a Chapter 7 bankruptcy, but in actuality, it can be a positive thing rather than a negative indicator. For one, it means that you have a good income, as that can ease you through the Chapter 13...
What power do debt collectors really have?
Sure, they can be quite annoying, but debt collectors aren't nearly as powerful as they may threaten they are to debtors. These third-party debt collectors do have the right to take you to court to pay your debts, but if you have little money or few assets, they may...
Small business files for Chapter 11 bankruptcy
Last month, one East Coast publication company sought Chapter 11 bankruptcy protection after it was unable to pay off several high-interest loans it had taken out in recent years. On Feb. 12., the company, Johnny Hanna & Associates LLC, filed papers indicating...
Can you discharge your tax debt during bankruptcy?
Most people dread tax season. It’s the time of year where most adults have to collect every financial detail from the past year and see what they owe to the government. Some people are lucky enough to receive refunds, but it’s not always the case. Many times, the...
Are you being hassled by creditors?
It's anxiety-producing to try to dodge repeated calls from creditors at home and especially at work. After all, if you are so behind on your bills that you are being pursued by creditors, it's likely that you are well aware of your financial woes. Creditors have the...
Should I file for Chapter 13 bankruptcy?
You certainly never meant to get head over heels in debt. Yet, here you are, barely scraping by, juggling bills and dodging creditors. You don't even know where to start straightening out your tangled finances. Slow down. Take a deep breath. There's a path for getting...