If you are involved in a lawsuit, it can be a confusing and frustrating process. While there can be numerous delays and unforeseen obstacles to deal with, most civil lawsuits follow a similar schedule. Below is some general guidance in what you can expect in Florida’s civil litigation process: The party initiating the lawsuit (the […]
One of the primary concerns people have when they file a Chapter 7 or Chapter 13 is how their filing will affect their credit score. The truth, however, is that in most cases your credit score is already damaged by past due payments and defaulted loans. Thus, when you file for bankruptcy, the negative impact […]
Very few people are excited to meet with a lawyer to discuss their financial struggles. Attorneys are often viewed as being intimidating and difficult to talk to, but we are really people just trying to help you find solutions to your problems. We want to be on your side, so give us a chance! Below […]
There is finally some good news in Central Florida’s foreclosure market. The Orlando metro area showed a decline in its foreclosure inventory in July of 2014, which hopefully is an indication the housing market is slowly recovering. Central Florida Foreclosures There was a decrease of 3.6 percentage points from a year ago in the foreclosure […]
When you file a Chapter 13 case, you submit a repayment plan that lasts three to five years. A lot can happen during this time that impacts your finances. What can you do if unforeseen financial issues prevent you from being able to afford your monthly Chapter 13 plan payments? One option to consider is […]
There was a time when homeowners had few defenses available when it came to foreclosure actions. However, times have changed and now there are numerous defenses that allow a homeowner to successfully defend a foreclosure lawsuit. Below are a few examples: Unfair mortgage terms. If a provision of your mortgage loan “shocks the conscience” of […]
You might be surprised to learn that attorneys are using social media to gather evidence for lawsuits. Facebook, Twitter, Instagram and numerous other websites provide a wealth of information about people. It is important to remember that what you post on social forums can be used against you by creditors and/or the trustee in your […]
If you are considering filing a Chapter 7 or Chapter 13 bankruptcy, it is important to understand how your debt will be treated in your case. Bankruptcy law provides certain classifications for the different types of debt, and each class of debt is required to be treated similarly. Below is a summary of each type […]
Is space tourism just around the corner? According to Bloomberg, it is. Elon Musk’s SpaceX and Boeing Co. are busy at work trying to make it a reality. Commercial Crew Transportation Capability They have been competing to obtain a $3 billion contract, formally known as the Commercial Crew Transportation Capability contract, to provide the first […]
Hopefully you have read our blog yesterday titled “Facing Foreclosure? Know Your Options.” This part of the blog will examine how filing a personal bankruptcy can affect a foreclosure action. Chapter 7 bankruptcy As soon as you file your Chapter 7 petition, the automatic stay goes into effect. The stay prohibits any further collection activity […]
