With more and more people choosing bankruptcy as an option to get out of debt, I felt compelled to give people some important pointers when it comes to hiring a bankruptcy attorney. You might have noticed a bankruptcy attorney advertising their services, but how can you determine if they can navigate you through a successful […]
Since being admitted to the Florida Bar in 2011, Attorney Christina Fiallo has made it her mission to continuously put her client’s first. Fiallo Law has eliminated millions of dollars for our clients in 2016 and have been a huge help for individuals facing credit card lawsuits and foreclosures in Miami. For her efforts, Christina […]
It has been nearly 10 years since the downturn in the economy and many homeowners are getting back on their feet after a foreclosure, bankruptcy or both. Most lenders have a “waiting period” before they will approve a loan application that has a history of bankruptcy or foreclosure, but that does not mean that a […]
For many Americans the ups and downs of the economy has sent people on a wild roller coaster ride. Most of us would like to pay our debts but we simply can’t. No matter how many times you call your creditors and explain them the misfortune of your situation, the fact of the matter remains, […]
Last week I wrote about what you should NOT do after being sued by a creditor; today I’m going to cover the opposite side of that coin. A 2010 Federal Trade Commission Report states that, based on estimates provided by lawyers across the country, approximately 77.5% of persons who are sued for a debt, fail […]
If you owe money for credit cards, medical services, department stores, student loans, or any other debt, at some point you may get sued. The truth is, most creditors despise having to deal with a lawsuit as much as you do. In general, creditors would rather work out a sustainable payment plan with you than […]
Under the right circumstances, bankruptcy is a great tool to help you erase debts and achieve a fresh start. Unfortunately, the stigma associated with the word Bankruptcy often steers people away from filing. It is important to understand that declaring bankrupt (especially Chapter 13) doesn’t mean you are broke, or are admitting that you can’t pay your […]
Myth 1: You’ll lose everything you own Many people believe filing for bankruptcy means losing your house, car and any other assets you may have. In fact, you’re generally likely to keep a lot if not all of your possessions. The majority of Chapter 7 cases are no-asset cases, meaning the debtor gives up no possessions. […]
$733,000,000,000. That’s a lot of zeros! But $733 billion is what American’s owe to credit card companies. Today, the average U.S. household is carrying approximately $15,762.00 in credit card debt. The reason is the that household income has grown by only 26%, but the cost of living has gone up by 29% — With medical […]
Many people think that filing bankruptcy means you will never have decent credit – or, at least, not for the next 10 years. The truth is, nothing on your credit report lasts forever. You can start to fix your credit immediately after your bankruptcy discharge. Here are 5 things you didn’t know could improve your credit […]
