Category: Bankruptcy

FAQs: Bankruptcy & Your Credit Report

March 31, 2022 Bankruptcy

What sort of impact does filing for bankruptcy have on my credit report? Filing for bankruptcy will have a negative effect on your credit score. However, if you are considering filing for bankruptcy, you are likely already having trouble paying your bills and late payments, repossessions, collections, and foreclosure actions […]

Filing Bankruptcy With Student Loans

December 15, 2021 Bankruptcy

Bankruptcy is a legal process that allows people and businesses to seek relief from debt they cannot repay. Historically, filing bankruptcy has gotten a bad rap. In truth, bankruptcy can be an invaluable tool that allows a fresh start. For many young people starting out, the debt they need relief from includes their student loans. 

Foreclosure Or Bankruptcy: Which Is Right For You As The Florida Foreclosure Moratorium Expires?

August 14, 2021 Bankruptcy

The Oxford dictionary defines a moratorium as a “temporary prohibition of an activity.” Due to the COVID-19 pandemic, both the state of Florida and the federal government issued moratoriums on foreclosures under certain circumstances. Florida’s moratorium expired on October 1, 2020. However, the federal moratorium only recently expired on July 31, 2021, and many homeowners who are still not able to make their mortgage payments are wondering what their next step should be.