This year has been difficult for many people, so difficult, in fact, that many people have been asking about when to file bankruptcy. With so many people suffering slowdowns at work, or even layoffs, money is tight. Bankruptcy is meant…
Retailers Are Taking a Beating in Bankruptcy
As of June of this year, more than 300 retailers have filed for bankruptcy. It’s no surprise that we’ve seen a 31% increase from the previous year. As major online retailers like Amazon continue to dominate sales over traditional storefront…
Is Chapter 13 Bankruptcy Right for You? 3 Ways to Decide
Filing for bankruptcy is a difficult decision to make. It’s a choice that will affect your financial future as well as your reputation. However, when you are swimming in debt with no one to throw you a lifeline, it is…
Does Chapter 11 Bankruptcy Mean the End of My Small Business?
Sometimes things just go wrong. In the business world, especially, failure doesn’t always have a direct cause, and it’s for that reason that bankruptcy exists. While it’s true that some bankrupt companies decide to fold their hand, not all businesses…
Bankruptcy Law and Real Estate: Home Ownership after Bankruptcy
Buying a home is just one of those things—if you work hard and put in the time, one day you will have enough saved for a down payment. In Miami, real estate is a great investment for those who qualify…
Tax Filing After a Bankruptcy
It is everyone’s favorite time of year – the dreaded tax season. Did you know filing bankruptcy can have an effect on your taxes? The common beliefs are federal, state, and local income taxes are not dischargeable. This is not…
5 Alternatives to Consider Before Filing for Bankruptcy
Debt has become a part of day-to-day life for many individuals. When debt becomes too overwhelming, bankruptcy is often one of the first options that people think of as a solution. Unfortunately, a declaration of bankruptcy can have far-reaching and…
Streamline Refinancing Mortgage through Bankruptcy
Sometimes we find ourselves in a bind financially, and require bankruptcy to resolve our financial worries. When it comes to homeownership, taking on a bankruptcy may seem daunting amidst sorting out how to keep your home while settling your debt.…