The idea of filing bankruptcy and wiping out most, if not all of your debts, stopping annoying or offensive phone calls from creditors and moving on into the future debt free, has undeniable appeal to most people. Deciding whether to file for bankruptcy is more complicated than just looking at the numbers. What you do, […]
The Judicial Conference has made significant changes to the Official Bankruptcy Forms. Beginning December 1, 2015, the Official Forms for the Southern District of Florida will be replaced with significantly modified, reformatted and renumbered versions. Not only are the forms visually different, but so is the content of the new forms. Highlights of the Official […]
Bankruptcy filings in the U.S. totaled 910,090 in 2014 and 1,032,572 in 2013.[1] Of those filings, the majority were either a Chapter 7 or Chapter 13 case. Each chapter is unique and offers its advantages and disadvantages. Therefore, choosing the correct chapter depends on your income, assets, debts, and your financial goals, all of which […]
Traditionally, mortgage modifications outside of bankruptcy have been either unsuccessful or have led to just years of frustration for Homeowners. I’ve heard hundreds of discouraged homeowners complain about how the lender has been reviewing their files for months on end or continuously requesting the same documents over and over and over again, all the while still […]