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APPLE SUPPLIER FILES BANKRUPTCY

Published October 7, 2014 Blog Comments
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Apple Supplier files bankruptcy. The iphone 6 has been a blockbuster. In fact, everything Apple has designed has been a winner. Apple’s products also made money for many other companies. One of those companies has been GT Advanced Technology. The company ran into problems when Apple decided not to use the company’s sapphire crystal in […]

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LIEN STRIPPING 2ND MORTGAGES IN BANKRUPTCY

Published October 6, 2014 Blog Comments
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Lien Stripping 2nd Mortgages in bankruptcy. When you file a bankruptcy in Florida are you able to not pay a 2nd mortgage on your home? The answer is yes, in some cases. Certain facts need to apply. When can you strip a second mortgage in bankruptcy? Let me give an example. Let us say your home […]

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BANKRUPTCY AND GAMBLING DEBT

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Bankruptcy and gambling debt. This issue has come to the forefront. Gambling has been expanding rapidly in South Florida. Horse racing, dog racing, jai alai, slots, blackjack, and poker is everywhere. As more people are gambling, they often turn to a bankruptcy lawyer for help. I recently met someone who came to me in tears. […]

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CAN BANKRUPTCY GET MY REPOSSESSED CAR BACK?

Published October 4, 2014 Blog Comments
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Can bankruptcy get my repossessed car back? That is the question many people ask when thinking about filing for bankruptcy. The short answer is yes. But you cannot delay, and you will have to pay. Once your car is seized, the lender will sell the vehicle. The lender will usually sell your car at an […]

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ARE TAXES DISCHARGEABLE IN BANKRUPTCY?

Published October 3, 2014 Blog Comments
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  Are taxes dischargeable in bankruptcy? That is a common question people have when they are considering filing bankruptcy. Generally, taxes cannot be discharged in bankruptcy, but there are exceptions. Income taxes owed to the Internal Revenue can be discharged in bankruptcy. However, only if certain conditions are met. The debtor must have filed a […]

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FLORIDA BANKRUPTCY EXEMPTIONS

Published October 2, 2014 Blog Comments
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Florida bankruptcy exemptions are very important to understand. Knowing and claiming exemptions you are entitled to is the difference between protecting your property and losing your property in bankruptcy. What are exemptions? The law allows you to exempt certain value in different types of property in a bankruptcy. The first thing to consider is what […]

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WILL BANKRUPTCY GET RID OF JUDGMENTS?

Published October 1, 2014 Blog Comments
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Will Bankruptcy get rid of judgments? This is a question many people have  prior to filing bankruptcy. When you fall behind on your bills, often times the debts are sold to debt collection companies, and often these debts result in lawsuits. If you do not pay the debt or defend it properly, the lawsuits often […]

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BANKRUPTCY LAWYER RESCUES RESTAURANT CHAIN

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A bankruptcy lawyer rescues a popular restaurant chain in Broward County. We all love 5 guys restaurants, the burgers, the fries, every time you visit one they have a large crowd, the chain has been expanding nationally. Who would ever believe a place this popular would need to turn to a bankruptcy lawyer to stay […]

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BANKRUPTCY JUDGE: WATER CAN BE SHUT OFF

Published September 30, 2014 Blog Comments
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A bankruptcy judge has ruled that the water can be shut off for residents living in Detroit. This is the latest twist in Detroit’s bankruptcy case. The judge ruled that residents have no right to water and Detroit cannot take the hit financially, this decision despite  protests over the last few months  over poor customers […]

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BANKRUPTCY ATTORNEY CAN BREAK ROUTINE

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A bankruptcy attorney can break the routine of debt. Do you feel like a hamster on a wheel with your debt? You pay every month, but due to the outrageous interest rates credit card companies charge , your balance never seems to go down. That is the vicious cycle the credit card companies do not […]

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