Florida Bankruptcy Laws

How A Tampa Bankruptcy Lawyer Can Prevent A Home Foreclosure With A Bankruptcy Petition

07/25/11

The stagnant economy and depressed housing market has created a huge financial burden for millions of Americans. Many Americans are unemployed and having a difficult time keeping up with their debt obligations. Furthermore, declining home values are exacerbating the financial strain put on families. Millions of homeowners now owe more on their mortgage than the [...]

[more]

Why You Should Always Consult A Tampa Bankruptcy Lawyer When Petitioning For A Bankruptcy Discharge

07/07/11

A Chapter 7 bankruptcy may provide a person inundated with debt some relief. A Chapter 7 bankruptcy gives the debtor an opportunity to liquidate certain assets in exchange for a discharge from debts owed. Creditors included in the bankruptcy will be prohibited from taking any further collection action against the debtor once the discharge is [...]

[more]

The Significance Of A Debtor In Possession In Chapter 11 Proceedings

06/22/11

When a business is struggling to meet its debt obligations filing for Chapter 11 bankruptcy may provide some relief.  Chapter 11 allows businesses the opportunity to restructure their debt without having to liquidate any of their assets. Furthermore, as soon as the Tampa bankruptcy lawyer files the petition for Chapter 11 protection the debtor will [...]

[more]

Deciding Which Bankruptcy Chapter Is Most Appropriate

06/18/11

Options Under the Bankruptcy Code Bankruptcy law provides debtors who are overwhelmed with debt an opportunity to restructure their debt and receive a fresh start. There are many different types of bankruptcy filings, each with their own set of rules.  Debtors should always seek the advice of a qualified Tampa bankruptcy attorney to help determine [...]

[more]