BankruptcyQuestionsNationalBankruptcyForum

Southern District of Florida Bankruptcy Information Although bankruptcy courts are part of the federal system, practice and procedure can vary greatly by jurisdiction. Florida, as one of the largest states in the country, has three federal districts (northern, middle and southern districts),  each with Bankruptcy Courts organized by division. The 94 federal judicial districts in [...]

As a Fort Worth bankruptcy attorney, I have many clients that come in worried about their credit. While I can confidently say that the bulk of any damage to their credit happens long before they ever file for bankruptcy, I do understand their concerns and work to alleviate them. Credit Myths Most of what people [...]

What stops people from filing for bankruptcy? Is it fear, pride or a belief that declaring bankruptcy is in some way unethical? If you stopped and asked 10 people on the street for the number one reason not to file bankruptcy, most would mention damage to their credit. How Bad is Bankruptcy For Your Credit? [...]

Retirement Accounts and Bankruptcy One of the biggest myths about bankruptcy is the idea that you will lose your retirement savings if you file. Generally speaking, this is not true. Section 522 of the Bankruptcy Code allows individual retirement accounts (IRAs) up to $1,000,000 to be exempted in bankruptcy. This means that you can file [...]

The Basics of Credit Card Debt and Bankruptcy In an economy where housing problems dominate the headlines, high interest credit cards still remain one of the largest issues consumers face in their fight for financial health. It should come as no surprise to learn then, that credit card debt is still one of the primary [...]