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…
Understanding Judgment Liens and Why You Need to Avoid Them
Liens are a common point of conversation and interest when it comes to finances and legal matters, and it’s very important to understand how they work. An understanding of this…
Behind on car payments? Chapter 13 could be the answer.
When a Chapter 13 Bankruptcy case is filed all creditors must stop any and all debt collection efforts. Debtor collection efforts include attempts by a lender to repossess a car.…
What is a reaffirmation agreement?
A reaffirmation agreement makes you personally liable for a particular debt after the bankruptcy. It is as if you didn’t file Bankruptcy with respect to the debt reaffirmed. If you…
Can I Repay Family and Friends Before Filing Bankruptcy?
Is okay to pay back family and friends I owe money before filing bankruptcy? No. Family members and friends are insiders. Payments to insiders within 1 year of filing bankruptcy…
What are exemptions? Why do I care?
Bankruptcy exemptions are the Federal and/or State laws which permit you to protect certain property in a Bankruptcy case. A Chapter 7 Bankruptcy case is technically a liquidation of property…
Does Bankruptcy stop a car repo?
If you fall behind on car payments, the lender could repossess the car. Does Bankruptcy prevent the lender from repossessing the car? Yes and no. It depends on what type…
Is my house protected in a Chapter 7 Bankruptcy?
People often ask me, “Will I lose my house if I file Chapter 7 Bankruptcy?” First, you must be current on your mortgage payments when your Bankruptcy case is filed. …
Will I Lose My Tax Refund If I File Bankruptcy?
A tax refund is just another asset which must be protected in order to keep in a Chapter 7 case. While the Earned Income Credit portion is protected, the rest…
I’ve been sued. Now what? Part 2
Another manner in which a creditor may attempt to collect on a judgment is by levying property. Levying property means seizing and selling property to satisfy the judgment. The levy…
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