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Navigating the Negative Emotions of Bankruptcy

  Not only is bankruptcy a financially difficult arrangement, it can also result in a number of negative emotions. While some people experience a period of relief after filing for bankruptcy because there are no longer creditors to harass them, other individuals can feel stressed out and overwhelmed by the complex legal process and the long time it can take to work through it. The following explores some tips for taking control of yourself and your emotions when filing for bankruptcy. Take [...]

Discharging Tax Debt in Chapter 7 Bankruptcy

  For individuals who are facing financial difficulties, Chapter 7 bankruptcy is often the best option to remove debt and obtain a second chance at a strong credit score. Chapter 7 is frequently chosen by individuals who have a large amount of debt and little income to pay it off. Unfortunately, there are some types of debts that are not able to be discharged in Chapter 7, including student loans and income taxes. Even though income taxes are often not dischargeable in Chapter 7 bankruptcy,[...]

Understanding Florida Quiet Title Actions

For many people who are involved in the purchase and sale of Florida property, title issues are common. It is critical that Florida property owners exercise the highest degree of caution when navigating quiet title actions. The following will review some of the most important things that all property owners should understand about Florida quiet title actions. What Constitutes Title? Owing title in a piece of Florida property means that a person has a legal interest in the land. In the state of F[...]

Common Bankruptcy Myths

The bankruptcy process can be quite complex. For this reason, there are a number of common misconceptions about bankruptcy that should not be perpetuated. The following will take a look at the reality behind some of the most common myths that are shared about the bankruptcy process. You Will Never Have Good Credit After Filing for Bankruptcy While a bankruptcy will remain on your credit report for several years from the date of your filing, it is possible to rebuild your credit score after the b[...]

Lawsuits Involving Quitclaim Deeds

In the state of Florida, quitclaim deeds are one of the most popular ways to transfer interest in a piece of property. An individual who signs a quitclaim deed transfers whatever interest that person has in the property to another individual. Unfortunately, given their expansive nature, quitclaim deeds frequently lead to lawsuits. Florida Law and Quitclaim Deeds In accordance with Florida law, a person who grants a quitclaim deed does not claim that the ownership being transferred is valid or fr[...]

Bankruptcy and Wage Garnishment

An overwhelming number of individuals live from paycheck to paycheck. If you are one of these people, any disruption in your wages can place you in a dire financial situation. To make matters worse, if you are facing a wage garnishment, it is possible that creditors can take as much as a quarter or more of your wages. Many people discover that wage garnishments to this degree make it difficult to pay the bills. The Value of Automatic Bankruptcy Stays Immediately after filing for bankruptcy, you [...]

Common Bankruptcy Myths Debunked

Filing for bankruptcy is a significant life event that can have a devastating impact on your credit score. For some people facing serious financial difficulties, however, bankruptcy is the best option for paying off debts, obtaining financial relief, and getting a new start at building a good credit score. Despite the advantages of bankruptcy, there are still a number of myths held by people about what exactly bankruptcy entails. The following will take a closer look at some of the most common m[...]

Things to Leave Unfixed When Selling a Property

  As most people with real estate experience can tell you, it is common to discover that repairs need to be performed before a piece of a property can be sold. This might include leaks, improperly working appliances, and insect infestations. While any defect or condition that impairs the function or operation of a property should certainly be fixed, when it comes to additional details, it is often best to think twice about whether these repairs are truly necessary. This article reviews a nu[...]

Filing for Bankruptcy as a Senior Citizen

Given the increasing prices associates with health care, a large number of senior citizens have begun to file for bankruptcy. What some people do not know is that senior citizens who file for bankruptcy are offered a number of distinct advantages. Despite this, bankruptcy is not the best option for everyone. Why Bankruptcy is Not Always the Best Option Pursuing bankruptcy can be an attractive option for some senior citizens because it enables them to erase debts and pursue a better credit histor[...]

Common Mistakes When Filing for Bankruptcy

  Bankruptcy is not a process to be entered into lightly. This is because bankruptcy can have a significant impact on a number of different aspects of your life. While bankruptcy can ultimately be advantageous to some people and offer them an opportunity to rebuild their credit, for others the bankruptcy process is much less pleasant. The following will review some of the common mistakes people make when filing for bankruptcy. Our hope is that you will avoid making these mistakes in the fut[...]