Tag Archives: West Palm Beach Bankruptcy Attorneys
What Happens to Retirement Accounts in Bankruptcy?
You have worked hard your whole life and have built up a substantial retirement savings over the course of 20, 30 or even 50 years, but now that you have fallen on hard times and have to file for bankruptcy, you are worried that your retirement accounts will be considered an asset and that… Read More »
Debt Consolidation or Bankruptcy: Which is Better?
If you are drowning in debt and are looking into debt relief options, you may be wondering whether debt consolidation will work for you or whether you should file for bankruptcy. While both options have their merits, you should first note that the federal government requires all potential bankruptcy filers to go through credit… Read More »
What Does it Mean to Reaffirm Your Debt After Bankruptcy, and Should You do It?
Filing for bankruptcy may be the best thing you do for your financial future, but depending on which bankruptcy you file for, you may lose everything that still has a loan attached to it. This includes your home and your vehicles. If you are in a situation where Chapter 13 is not right for… Read More »
What to Expect at Your “Meeting of Creditors”
When you file for bankruptcy, the U.S. Bankruptcy Code Section 341 dictates that you attend what is known as the “Meeting of Creditors.” For many people, this is the most difficult aspect of filing for bankruptcy—even more difficult than the filing itself. This is because you are forced to face the very people you… Read More »
Should I Hire a Bankruptcy Lawyer?
Whether you lost your job and are on the verge of losing everything – you have sky-high medical bills that you simply cannot afford – or you got in over your head with debt and did not realize it until it was too late – you may find yourself faced with two options: file… Read More »
Short Sale, Foreclosure, or Bankruptcy? Which is the Better Option?
If you can no longer afford your mortgage payments or, worse yet, if you have missed several mortgage payments, the bank may have threatened to take your home. While it may be easier for you to just throw up your hands and let the bank have it, it may not be the best thing… Read More »
The Differences Between Chapter 7 and 13 Bankruptcies
Most people are familiar with Chapter 7 and Chapter 13 bankruptcies, but most people are unaware that there are actually six types of bankruptcies, each of which is titled after their chapter in the Bankruptcy Code. However, everyday consumers are eligible for just three, while one is for commercial enterprises, another is for municipalities… Read More »
Can Bankruptcy Protect My Home From Foreclosure?
If you have fallen behind on your mortgage and cannot afford to pay your bills, you may feel at a loss as to what to do. The creditors are calling, threatening repossession and foreclosure. While you do not want to let your home or belongings go, you fear that you do not have any… Read More »
How to Use Bankruptcy to Eliminate Your IRS Debt
Life is often unpredictable, and while sometimes it can be so in a good way, it is more often than not the hardships that are unplanned for. Unfortunately, financial hardship is one of life’s many adversities that we fail to plan for. When, after months of being unable to pay the mortgage, putting groceries… Read More »
