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Tax season can be stressful enough, but it can get even more complicated when you're in the middle of a bankruptcy case. One common question bankruptcy clients have is: Will I get to keep my tax refund? The answer depends on several factors, including the timing of...
Who Can’t File for Bankruptcy? You might be barred from filing for bankruptcy if: Your previous bankruptcy case was dismissed in the last 180 days under certain conditions You committed fraud, like hiding assets or lying on your paperwork You’ve already received a...
In Chapter 7 bankruptcy cases, a case trustee appointed by the court oversees liquidating the debtor's non-exempt assets. If no assets or only exempt assets exist, the trustee files a "no asset" report, and no distribution occurs to creditors. Most individual Chapter...
How Bankruptcy Affects Child Support Bankruptcy relieves overwhelming debts, but it has limitations, especially regarding child support. This post explains how filing for bankruptcy impacts child support obligations. Bankruptcy and Child Support Bankruptcy and family...
Everyone needs transportation for daily activities like shopping, running errands, commuting to work, or visiting family. Keeping your car safe during bankruptcy is crucial for many. Whether you can retain your vehicle through bankruptcy filing in Florida depends on...
Bankruptcy Options in Florida: Which One is Right for You? Navigating bankruptcy can be overwhelming, but understanding your options can make it easier. In Florida, you can file for different types of bankruptcy based on your financial situation. Here's a simple...
Determining your eligibility for Chapter 7 bankruptcy hinges on meeting specific criteria. One essential requirement is passing the "means test," which ensures your income is low enough to qualify for debt discharge. If you've previously filed for bankruptcy, you must...
A sudden loss of income due to wage garnishment can be a severe blow to a household. Creditors have the legal right to seize up to 25% of your earnings. Even if you work for the state or its agencies, the creditor still has the right to garnish their wages. However,...
Bankruptcy marks a significant event on your credit report. Here's a breakdown of how long bankruptcy stays on your report and steps to rebuild your credit afterward: Duration of Bankruptcy on Credit Report: Chapter 7 Bankruptcy: 10 years. Chapter 13 Bankruptcy: 7...
There are many issues to assess when determining the strength of the government's case following an arrest for possession of a controlled substance. In Florida, after an arrest for possession of a controlled substance, your defense may involve legal or factual issues,...