Chapter 7 bankruptcy is a legal process designed to provide individuals with a fresh financial start by eliminating overwhelming debt. As you navigate through this bankruptcy chapter, it’s crucial to understand the key terms associated with Chapter 7 bankruptcy to make informed decisions. In this blog post, we’ll define and explain the essential terms you...Read More
If you are considering filing a Chapter 7 or Chapter 13 case, it is essential to understand that there are a few actions you should avoid in order to ensure that your case goes smoothly. Preparing for Bankruptcy Below are a few of the most common mistakes made by debtors that you will want to...Read More
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...Read More
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...Read More
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...Read More
SpaceX is facing a lawsuit by two former employees alleging it violated labor laws when the company terminated them and others. The rocket manufacturer is accused of “mass layoffs” that included 200 to 400 employees without providing the 60-day notice as required by state law. The plaintiffs are seeking damages that include back-pay plus interest,...Read More
SpaceX filed a complaint with the Court of Federal Claims earlier this year challenging the Air Force’s Evolved Expendable Launch Vehicle contract on the basis that it violates fair competition and federal sanction laws due to the sole-source multi-rocket provisions of the contract. How will lawsuit play out? The Air Force is seeking to have...Read More
Home equity is exempt in Florida, although the amount of the exemption may be a matter of time. If you have a Home Equity Line of Credit, the actual debt may be wiped out but not the lien on your property What is a HELOC? Many people refer to a HELOC as a “home equity...Read More
