If you operate a business and it is struggling financially, you may be considering Chapter 11 bankruptcy. Typically, someone who files under Chapter 11 has a business that is generating money but is having serious financial difficulties due to debt obligations that far exceed monthly revenue. Purpose of Chapter 11...
3 Major Benefits of Hiring a Florida Bankruptcy Lawyer
If you’re considering filing for Chapter 7 or Chapter 13 bankruptcy, you should consider hiring a Florida bankruptcy lawyer to help in the process. Some people mistakenly think, “Well, I am already deeply in debt, so why should I pay a lawyer a bunch of money and put me deeper...
Binder & Binder Files For Bankruptcy
Binder & Binder Bankruptcy Shows Why Florida Residents Should Hire a Local Social Security Disability Firm That Provides Representation by Experienced Lawyers Binder & Binder, a Long Island-based Social Security disability firm that many recognize from late-night television commercials with brothers Harry and Charles Binder sporting 10-gallon hats, filed for...
Many in Southern Florida Saddled with Medical Debt
Even though we are hearing that the economy is improving for some Americans, one area where many residents of Dade, Broward, and Monroe County still financially struggle is medical debt created by doctor and hospital bills. Report: 20 Percent In U.S. Have Unpaid Medical Bills Medical debt often comes about...
The Need to File for Bankruptcy Can Strike Anyone
Bad Financial Advice Leads Pro Hockey Player To File For Bankruptcy Relief From the outside, people often think that those who file for bankruptcy must be financially irresponsible and that bankruptcy could never happen to them. However, both of these ideas frequently could not be further from the truth. One...
Common Questions: Student Loans and Bankruptcy
The cost of education has skyrocketed over the years. Almost every student that attends any form of higher education is required to take out student loans just to pay for coursework. Some students are exiting college after four years with enough student loan to pay for two single family homes....
Credit Counseling Requirement for Bankruptcy Cases
The decision to file for bankruptcy is a serious one, and the many requirements inherent in the bankruptcy process are meant to reflect that. They are also meant to ensure that those who file for bankruptcy understand the gravity of their decision to do so. One such obligation part of...
Treatment of Tax Refund for Those who Filed for Bankruptcy
Tax season is upon us, and, although it comes with some stress, it also comes with anticipation of receiving a tax refund. While many people may have plans regarding what they will do with their refund amounts, those individuals who are considering bankruptcy or who are currently in an active bankruptcy...