Tag Archives: Miami Bankruptcy Lawyer
One of the reasons that the United States developed bankruptcy laws was to end the practice of throwing debtors in jail. Once prevalent in England and its colonies, debtors’ prisons were effectively eliminated in the U.S. by the 1830s. This means that under ordinary circumstances, a person cannot be sent to prison simply because… Read More »
Many people worry that filing for bankruptcy will leave them with nothing. In fact, the purpose of bankruptcy is to protect people from losing everything. In a Chapter 7 bankruptcy case, for example, an individual debtor is entitled to keep a certain amount of property away from their creditors, both during and after the… Read More »
News outlets are bustling with talk of bankruptcy as rapper and entrepreneur 50 Cent filed for protection from his creditors in a Connecticut court. The 40-year-old entertainer’s estimated worth previously hit more than $100 million following the sale of his water company to Coca-Cola in 2007. Since that time, he continues to make music,… Read More »
In the wake of the “Great Recession,” many Florida families still face financial difficulty. A recent report published by the United Way demonstrates how many more hardworking families are at risk of financial failure than you might expect. Although it can be difficult to face, filing for bankruptcy can have a positive long-term effect… Read More »
Student loan debt may be one of the most challenging burdens faced by individuals in debt: it is relatively easy to accumulate, it can amount to hundreds of thousands of dollars per student, and it can be extremely difficult to discharge. Although there is no quick fix to getting rid of debt, a debt… Read More »
The theme of this blog post is, “if you don’t ask, you don’t get.” I have been successful in getting student loans discharged under the right circumstances. Please contact me for a FREE bankruptcy/ debt relief consultation. READ MORE….
Gone are the days when filing for bankruptcy had negative connotations like “deadbeat” or “failure”. The recent downturn in the economy changed that perception to “victim” and “fighter.” Credit card companies and banks victimized hardworking honest people by selling them hope. They loaned money drenched in the possibility of reaching the coveted “American Dream.”… Read More »