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 meaningful through Bankruptcy. After all, President Elect – Trump of all people, should realize the value such relief could bring […]
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 of assets; avoidance of claims regarding fraudulent conveyances; fraud; protection of inheritances and other considerations all play important roles in […]
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.
Why You Need a Bankruptcy Lawyer
Over the last several years as a Florida Bankruptcy Attorney, I have seen folks struggle against overwhelming odds to keep the bills paid, food on the table for their children, clothes on their back and a roof over their heads. Many soon find themselves cutting back on groceries, medical and dental care to maintain impossible […]
Lesser-known Student Loan Solution
A recent article in the national association of chapter thirteen trustees newsletter reminds us that, “just because your private student loan uses the term “student loan” doesn’t mean it is one.” It reminds us that, “a student loan must be from an “eligible educational institution” to be considered non-dischargeable. If it’s not, getting rid of it […]
Are We There Yet?
Parents are familiar with the question posed above by their children who have lost all patience with the long range journey. The same question comes to mind for those people who have been hoping to avoid filing bankruptcy by riding a rebound in the Real Estate market. Why does the current Real Estate market play […]
Courage on All Fronts
Each month I teach a class on bankruptcy at Cummings Library in Palm City as part of the Southern District of Florida’s Federal Bankruptcy Court’s “Pro Se” Program. Over the course of the year, many attendees learn how to help themselves, family, and/or friends resolve their financial difficulties. They learn about Bankruptcy avoidance, as well […]
Dying to get rid of your Student Loans? Don’t Bother!
The need to reform bankruptcy law to allow discharge of student loans has been a repeated subject in this section. This month’s report again shows how some student loan agencies take absurd advantage of the status quo. Hopefully you will agree that change is needed. According to a recent article in the Miami Herald, an […]
Bankruptcy Aftermath: Restoring Your Credit
Most of my job is helping people get through the bankruptcy process and out the other side in one piece. Once we have gone through the courts and established a plan, my job is done – but yours is not. One theme about bankruptcy you will find when talking to me or going through this […]
Revocable Trust or Irrevocable Trust?
We’re going to take a break from bankruptcy today to talk about living trusts. These trusts help to distribute your assets after death. There are two major types of living trusts you can form: revocable and irrevocable. In this article we will go over the differences between the two in order to help you better […]
