Here’s the dilemma: Is it ok to rack up credit card debt before I file for bankruptcy? Is it Ethical? Bankruptcy is a financial strategy that
Introduction Before filing bankruptcy, some clients are fearful. Does the bankruptcy court take everything I own? Will I keep my house? Will they take my car?
Florida’s alimony law, Florida Statute §61.08, underwent a significant transformation on July 1, 2023, with the implementation of a revised alimony law. This law introduced changes that impact the way spousal support or alimony is determined, calculated, and awarded in divorce cases throughout the state. This article provides an in-depth look at the key aspects of Florida’s new alimony law, offering insights into its implications and how it may affect individuals involved in divorce proceedings.
On July 1, 2023, Florida implemented a significant overhaul of its parenting and timesharing laws, reshaping the way child custody and visitation arrangements are determined in
Demystifying Business Bankruptcy: Chapter 7 vs. Chapter 11 – Know the Key Differences
If your business is in financial distress, a bankruptcy could be a helpful tool to manage debt and reorganize operations. There are two common bankruptcy options for businesses: Chapter 7 and Chapter 11. Each chapter serves a distinct purpose and comes with its own set of rules and outcomes. This article will address the key differences between Chapter 7 and Chapter 11 bankruptcy, helping businesses understand which option may be more suitable for their financial situation.
In a divorce, your home must be dealt with through a process called equitable distribution. In equitable distribution, the house will be awarded to one of the spouses. They transfer the property to you and you pay out your spouse their share of the equity, or vice versa. Alternatively, you could agree to sell the home. In the worst-case scenario, if you cannot agree who gets the home, the court may require the home to be sold through a process called partition. The debts of the marriage will be paid off. If there is any remaining money, it will be split between you and your spouse.
Many people facing eviction often hear recommendations that filing bankruptcy can “stop” an eviction. While it is true that bankruptcy can help stop an eviction, this is true in some, but not all cases. Here, we decipher how bankruptcy can assist with stopping an eviction and how it will not.
One of the things I hear from clients is I cannot locate my spouse. That can be problematic and make your case more difficult. If you are having trouble locating your spouse, these 17 insider tips may help you locate your spouse.
This article discusses when the right time for an individual or a business may be to file bankruptcy. The article identifies 4 key ways that an individual or couple in financial crisis can determine if they should file bankruptcy.
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