Those thinking about filing for bankruptcy understandably have many questions about the process. These inquiries can range from how exactly their debts will be affected to questions about the procedure and players involved in their bankruptcy case. One person who plays a large part in bankruptcy proceedings, and of whom...
TRAFFIC TICKETS, BANKRUPTCY AND FLORIDA
A question that frequently comes up at consultations in my office is whether traffic tickets can be discharged in bankruptcy. Recently, a client presented with over $7000 of fines related to going through tolls with an invalidSunPass. 11 U.S.C. § 523(a)(7) of the bankruptcy law provides that a Chapter 7...
Removing Second Mortgages In A Chapter 13 Bankruptcy
Chapter 13 Bankruptcy Can Keep You in your Home THE PROBLEM: Consider the following (unfortunately) common situation faced by many homeowners: their home in the current depressed real estate market is worth $150,000. They have two mortgages on the property that they obtained during the real estate boom several years...
Choosing a Bankruptcy Lawyer
Seeing a lawyer for a bankruptcy problem is much like seeing a dentist. You try to ignore the pain as long as you can before you make an appointment. When you finally do, you wonder why you waited so long and went through months or years of unnecessary discomfort. As...
Student Loans and Bankruptcy in Florida
Not all loans are alike. A tuition bill is not a student loan. As a general rule, student loans are non-dischargeable debts, which means that you will still have to pay the loan off even after filing for Chapter 7 or Chapter 13 bankruptcy. Under current law, this is true...
Bankruptcy and Taxes
Bankruptcy is intended to give you a fresh start- all of your credit card debt, medical bills, deficiency judgments and unsecured debt become nothing more than a bad memory. But what about your nasty tax liabilities? Will they follow you forever? This is a question my clients frequently ask. Well,...