Discharging Income Taxes in Chapter 7 Bankruptcy
Income taxes are discharged in a Chapter 7 Bankruptcy unless excepted from the discharge under 11 U.S.C. Section 523(a)(1). There are a number of requirements in Section 523 which may…
ADVANCE CHILD TAX CREDIT PAYMENTS
The IRS will pay one-half of the child tax credit for your 2021 Tax Return in advance. The advance payments will begin on July 15, 2021. The other half of…
Florida Bankruptcy Explained: Common Questions & Answers
Are you feeling overwhelmed or confused with the Florida bankruptcy process? Today, we’re going to help you get the answers and the clarity you’ve been searching for. We know Florida…
Was Florida’s Moratorium on Mortgage Foreclosures and Evictions Really Extended?
On July 31, 2020. Governor DeSantis appeared to again extend the moratorium on evictions and mortgage foreclosures in Florida. The Moratorium was due to expire on August 1, 2020. The…
MORTGAGE RELIEF UNDER THE CARES ACT
The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was enacted on March 27, 2020. The CARES Act provides relief to homeowners with federally backed mortgages. The following outlines…
How Has The Coronavirus Affected The Bankruptcy Process
It seems as though just about everything has been affected by COVID-19 in some way, and the bankruptcy process is included in that. So, exactly how has the coronavirus affected…
Florida Debt Collection Laws and Statute of Limitations: FAQ
Florida was one of the states hit the hardest during the Great Recession of 2008. According to the Federal Reserve, the median net worth of American families shrunk to 1992…
CARES ACT and Consumer Debtors
The Coronvirus Aid, Relief, and Economic Security Act (“CARES Act”) was enacted on March 27, 2020. The CARES Act provides temporary relief to consumers and Bankruptcy Debtors. The relief will…
Buying a Car After Bankruptcy: What Are My Options?
You've filed for bankruptcy. Now what? Can you buy a house? Do you still need to make child support payments? What about buying a car after bankruptcy? These are all…
Bankruptcy Court & COVID-19
The Bankruptcy Court for the Southern District of Florida remains open despite the COVID-19 Pandemic and the Stay at Home Order issued by the Governor DeSantis. Bankruptcy Attorneys’ ability to…