Schedule Consultation
321-784-8158
·
Email
·
Mon - Fri 9:00 am - 5:00 pm

Tag

Faro & Crowder
A type of bankruptcy called Chapter 7 is intended for people and corporations who are unable to pay their debts. It is also referred to as a “liquidation bankruptcy” since the bankruptcy trustee sells the debtor’s assets to pay off their creditors. The fundamentals of Chapter 7 bankruptcy, including what it is, how it operates,...
Read More
Regulation Z, also known as the Truth in Lending Act (TILA), is a federal law that requires lenders to disclose certain information to consumers before they enter into a credit agreement. The purpose of Regulation Z is to provide consumers with clear and accurate information about the terms of their credit agreements, so that they...
Read More
Regulation X is a federal law that is designed to protect consumers from unfair and abusive practices in the mortgage servicing industry. It was enacted in 2013 by the Consumer Financial Protection Bureau (CFPB), in response to widespread abuses in the wake of the 2008 financial crisis. The main purpose of Regulation X is to...
Read More
In recent years, the issue of student loan debt has been a major concern for many people in the United States. According to recent data, the total student loan debt in the US has surpassed $1.7 trillion, with the average borrower owing over $30,000. To address this growing problem, a proposed student loan relief plan...
Read More
The Chapter 13 bankruptcy plan essentially puts you on an allowance for a period of time, to help you catch up on your bills, start rebuilding your credit score and get on with your life free of creditor harassment.   The Plan A Chapter 13 bankruptcy is sometimes referred to as the “wage-earner plan” or...
Read More
Many Americans simply have more debt than they can afford to repay. A chapter 7, or liquidation bankruptcy is an option to clean up your debt. Despite what you hear, it is rarely due to irresponsibility.  No one sets out to accumulate $7,000 in credit card debt, but a temporary job loss, sudden illness or...
Read More
Payday loans are generally dischargeable without any arguments in a Chapter 7 Bankruptcy, because these loans are unsecured debts. There are, however, a few special cases. Fraud If you borrowed money within 90 days prior to filing bankruptcy, there is a presumption of bankruptcy fraud. Simply stated, the law presumes that you never intended to...
Read More
Preventing Home Foreclosure A previous post discussed some of the general aspects of a Chapter 13 Bankruptcy plan. For a homeowner who is delinquent their mortgage, the amount to be repaid may be substantially lower than the amount the moneylender claims that you owe. Mortgage Company Reasonableness Most mortgage companies are upfront and evenhanded when...
Read More
Many Americans simply have more debt than they can afford to repay. Despite what you hear, it is rarely due to irresponsibility.  No one sets out to accumulate $7,000 in credit card debt, but a temporary job loss, sudden illness or other financial emergency can quickly drain savings and force people to charge normal living expenses....
Read More
Recent scheduled meetings of the Bankruptcy Rules Committee were cancelled, apparently due to lack of interest. There had been two meetings scheduled in January 2014, one in Chicago and one in Washington, D.C. According to federal law, meetings may be cancelled if there is a lack of public interest, the Standing Committee sees a need...
Read More
1 2 3