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5 Dumbest Things Not to Do Prior to Filing Bankruptcy (Part 1)
1. Don’t tap your retirement funds. One frequent mistake made by people in financial trouble is to take money out of a 401k plan or IRA in order to pay things like credit card debt. Retirement
Financial Mistakes That Lead You to a Bankruptcy
There is no shame in bankruptcy. That is a point we have tried to emphasis throughout this site. Things happen, and you sometimes need help to get through it. While it is better to file
Why You Need a Bankruptcy Lawyer Port St Lucie
Over the last several years as a Bankruptcy Lawyer Port St Lucie, I have seen folks struggle against overwhelming odds to keep the bills paid, food on the table for their children, clothes on their
Reasons For And Against Filing Personal Bankruptcy
On the other hand, when you file for bankruptcy, you can: If you would like to schedule a FREE consultation with a Bankruptcy Lawyer Port St Lucie, please contact Jon L Martin Bankruptcy Attorney at (772)419-0057 or
11th Circuit Agrees, Home Surrender is Permanent
Failla v. Citibank, N.A. (In re Failla), 838 F.3rd 1170 (11th Cir. 2016) The 11th Circuit has agreed that once a debtor makes the election to surrender their home on the statement of intention in the petition they
Small Business Bankruptcy Filings Increase
Small business owners filed 2326 cases under Chapter 13 which represented an increase of 10% from 2015. Thus, closely held businesses, and dba’s that qualified to file chapter 13, mirrored somewhat the Chapter 11 business
Reasons For And Against Filing Personal Bankruptcy
Bankruptcy Lawyer Port St Lucie Jon L Martin reviews some of the reasons NOT to file for bankruptcy: On the other hand, when you file for bankruptcy, you can: Put a stop to the harassing
Outlook on Bankruptcy For 2017
No one knows for sure what the future holds but sometimes it’s good to take a look at where we’ve been and where we’re at now to see if there are indications of what we
What are the different types of bankruptcy?
There are numbers of different chapters that people can utilize in a bankruptcy code. Chapter 7, of course, is for consumers and businesses that wish to liquidate debt. Chapter 13 is generally restricted to consumers who
Hope for Student Loan Relief?
With the start of a New Year and a New Administration in the White House, one has to wonder if there might finally be some progress made in regards to Student Loan Relief that is
Protecting an Inheritance In Bankruptcy
Generally speaking bankruptcy and asset protection are not thought of in the same sentence or conversation. Nevertheless, “bankruptcy planning” and “asset protection” all have similar concerns. Basically, these concerns include advanced planning or the positioning
Reasons For And Against Filing Personal Bankruptcy
I enjoy receiving harassing telephone calls from debt collectors at all times of the day. I enjoy when my doorbell rings and I meet another process server or sheriff’s deputy serving me with yet another collection or foreclosure lawsuit.