When someone is struggling with serious financial problems, bankruptcy might still be one of the last options they ever consider, even when there are many signs that would suggest they should apply for bankruptcy. Thousands of Americans decide to file for bankruptcy...
Year: 2021
Combating creditor harassment through federal law
You understand that your financial situation is not good. The combination of not-so-good monetary decisions along with unexpected health-related setbacks has led to this downward spiral. You owe a lot of money related to credit card debt and steep medical bills. You...
Should those struggling with debt refinance their mortgage?
Everyone has trouble paying bills from time to time. Those looking for solutions may focus on one of their most significant expenses – the mortgage. Some may wonder if it is a smart idea to refinance the mortgage to save money and give them more financial breathing...
Who qualifies to file bankruptcy under Florida law?
Florida is one of the most populous states in the country — and it's also a place that millions of nonresidents spend part of the year. We often see many people moving here with plans to stay long-term. Despite the initial flush of optimism that comes with a new home,...
Key questions to ask an estate law attorney
Estate planning forces individuals or couples to contemplate their mortality. It can be an unpleasant topic for some or prompt them to worry about their legacy. Conversely, some may regard it as fun to contemplate how they will "give it all away." They need to...
Grey divorces pose unique challenges
The overall divorce rate has trended down in recent decades. The notable exception is couples who are 55 years old and up, whose numbers continue to increase. This phenomenon is generally known as "grey divorce." Because of the spouses' age, some unique challenges...
Here’s why Florida bankruptcy filings are expected to jump in 2021
Early in 2020, many experts predicted a surge in bankruptcy filings due to the economic and personal disruptions caused by the COVID-19 pandemic. With unemployment at historically high levels for much of the year, it made sense to expect that millions of more...
The pluses and minuses of unequal wills
Most parents go out of their way to treat their children equally. This tendency carries over into estate planning, so it is typical to split everything equally for the children. But some question whether equal amounts are equitable. Sometimes the parents see a need...
Filing for divorce and bankruptcy takes strategic planning
Disagreements over finances are one of the most common reasons for a couple to file for divorce. Sometimes the bitter conflicts involve reckless spending, while at other times, it is mounting credit card debt. Each couple’s circumstances will be different, but these...
New rules for debt collectors using social media
There are some positive signs for a potential economic rebound. But it may be too late for some here in Florida who accrued debt and now face phone calls or even visits to their home by third-party debt collectors. Some may not realize that debt collectors are also...