On behalf of The Day Law Office | Jan 12, 2021 | Personal Bankruptcy
Everyone is happy to put 2020 behind us. But according to Forbes Magazine, the economic downturn of last year will likely continue to be a financial challenge that prompts them to file bankruptcy in 2021. The magazine cited the relatively average number of filings in...
On behalf of The Day Law Office | Jan 5, 2021 | Personal Bankruptcy
One reason people in Spring Hill who are struggling with unending debt are reluctant to consider personal bankruptcy is that they think having a bankruptcy on your record can ruin your life. People have told them that filing for bankruptcy permanently destroys your...
On behalf of The Day Law Office | Dec 23, 2020 | Personal Bankruptcy
New Year’s Day ushers in a set of resolutions, but planning ahead can make a big difference if one resolution is filing bankruptcy here in Florida. Whether one is shopping for gifts or knows that they are likely to receive them, it can make the filing less...
On behalf of The Day Law Office | Dec 10, 2020 | Personal Bankruptcy
Those with substantial debt often come to the sensible yet difficult conclusion that they need to file bankruptcy. Whether it is restructuring under Chapter 13 or the liquidation of Chapter 7, this realization is the first step to starting on the path of financial...
On behalf of The Day Law Office | Dec 2, 2020 | Personal Bankruptcy
Many will recall getting fraudulent emails from a fake Nigerian prince asking for help transferring money. While that scam is over ten years old and apparently still effective, tech-savvy fraudsters continue to evolve in their approach to stealing from their victims....
On behalf of The Day Law Office | Oct 29, 2020 | Personal Bankruptcy
People who have financial issues often regard bankruptcy as a last resort. It is something that is put off for months or years as they struggle to make payments. While this is admirable, it can be a mistake to wait. Some assets are protected Unfortunately, people will...
On behalf of The Day Law Office | Oct 26, 2020 | Personal Bankruptcy
Many people in Florida are struggling financially. From unexpected medical bills to overwhelming mortgage or rent payments, debt and financial hardship are not uncommon today and many people are seeking bankruptcy for relief from their overwhelming debt. There is good...
On behalf of The Day Law Office | Oct 16, 2020 | Personal Bankruptcy
Medical costs have long been a common reason that Americans file bankruptcy. This may be due to not carrying health coverage at all, high insurance deductibles, or being forced to use a less expensive plan that did not cover the underlying injury or illness. CNBC...
On behalf of The Day Law Office | Sep 16, 2020 | Personal Bankruptcy
There are mixed opinions about whether or not a consumer should get a credit card after the filing of a bankruptcy. A consumer’s credit score is normally very low when a bankruptcy case is filed. The creditors have normally not been paid for several months. After the...
On behalf of The Day Law Office | Aug 27, 2020 | Personal Bankruptcy
Chapter 7 bankruptcy often best applies to those facing the most severe financial challenges. Usually, it involves an approach where many non-exempt assets are liquidated to repay as much as possible to creditors before the debt is discharged. There is no other...
