Category: Bankruptcy

6 Ways to Rebuild Your Credit after Bankruptcy

Read more about how to rebuild your credit after bankruptcy The Bankruptcy process is an unfortunate but necessary undertaking for many people. A common concern and frequently asked question is “what happens to my credit after filing bankruptcy?” The answer is often surprising because it’s not nearly as bad as you might expect. The bad

Learn More about Business Bankruptcies

What are Business Bankruptcies Actually? Many people have little to no knowledge about business bankruptcies until the time comes to file for bankruptcy as a business owner. It can be tough to figure out who is eligible to file if bankruptcy applies to eCommerce situations, and much more. The experienced team of bankruptcy attorneys at

What is Chapter 7 Bankruptcy?

Our office receives many calls and inquiries from potential clients looking for information about Chapter 7 Bankruptcy. If you’re confused about the rules, options, benefits, and pitfalls in Ch. 7 Bankruptcy you are not alone. Before submitting your Ch. 7 case to the bankruptcy court, you should have a firm understanding of what to expect.

Personal Bankruptcy

What Are the Rules of Personal Bankruptcy? Filing for personal bankruptcy is an option to provide some financial relief. Before deciding to file for it, there are some questions that need addressing about your income, your position under the bankruptcy laws, and the expenses you should continue to keep paying. In 2005, new bankruptcy legislation

What is Chapter 13 Bankruptcy?

Those who have regulated income can file Chapter 13 bankruptcy to create a repayment plan for all or part of their debt. In Chapter 13, debtors propose a plan that includes making installment payments to their creditors between three to five years. If the debtor’s current income is less than the state median, the plan

FIVE Common Myths Associated with Bankruptcy

Filing for bankruptcy may help you get relief from your debt and will have a significant impact on your financial life. Depending on your goals and circumstances, bankruptcy may be the most viable option for resolving your debt and starting fresh. However, there are several common myths and misconceptions many people have when it comes

Steps of Filing For Bankruptcy

There’s a lot to consider if you find yourself in a situation where filing for bankruptcy might be an option. Your questions, stress levels, and worry will overwhelm you. You need to evaluate all your options to understand what bankruptcy will and won’t do for you while also preparing for the consequences. Should you decide

Difference between Chapter 7 and Chapter 13 Bankruptcy

While most people are familiar with bankruptcy, many do not know the differences between the types. The experienced bankruptcy attorneys at The Law Offices of Emil Fleysher, P.A., are here to demonstrate the differences between Chapter 7 and Chapter 13 bankruptcies as well as the options you have when filing. What Are the Differences Between

WHY WOULD I FILE CHAPTER 13 IF I QUALIFY FOR CHAPTER 7?

When both Chapters of bankruptcy are available in Florida, Chapter 13 bankruptcy may present some unique advantages over Chapter 7. What is Chapter 13 Bankruptcy? Bankruptcy is a legal process that helps those who are in debt while also assuring some degree of fairness to all parties involved. For the majority of people, bankruptcy is

How Will Filing Bankruptcy Affect My Chances of Getting a Mortgage or Refinance?

Many clients have been asking lately about how filing bankruptcy will affect their options with regard to obtaining a mortgage or refinance. The short answer is that "it depends." What does it depend on? 3 things... (1) whether your case was filed as a Ch. 7 Bankruptcy or as a Ch. 13 Bankruptcy; (2) whether