Tampa Bankruptcy Attorneys

Bankruptcy Reform

10/22/11

People who are facing mortgage foreclosure routinely ask me if they can get their house payment lowered by filing bankruptcy.  This question highlights a common misconception of bankruptcy law, and may be the result of news articles dealing with the mortgage foreclosure crisis.  Last year the House of Representatives passed H.R. 1106: The Helping Families Save Their Homes Act [...]

[more]

Plan Could Slow Down Florida Foreclosures

08/21/11

NACBA (National Association of Consumer Bankruptcy Attorneys) responded this weekend to the government’s latest approach to the foreclosure crisis with what many people are calling the Principal Paydown Plan. Rather than turn the United States into a nation of renters under the recent suggestion that Freddie and Fannie rent their foreclosed properties or sell them as rentals, NACBA [...]

[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]