Offices in Broward, Palm Beach, Martin, and St. Lucie Counties

Fleysher Law Blog

Valueless Junior Liens are Allowed to be Stripped Away from Debtors

During the recession property values were so high and obtaining credit was almost as simple as getting something out of a vending machine that many owners took out two and even three mortgages. However, when the market crashed and the surplus ended many were left swimming upstream without a paddle. With such a large amount of debt hanging over their heads, an abundance of people were and continue to seek

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bankruptcy fraud, fraudulent bankruptcy, hiding assets,

Criminal Charges for Fraudulent Couple Who Filed Bankruptcy

Although bankruptcy is an uncomfortable process to go through, has given many people a fresh at finances. One of the key points in being given financial freedom is that you must be completely honest during the bankruptcy process. One couple in Palm Beach is now facing criminal charges for trying to conceal valuable goods from bankruptcy court. In 2008 the couple tried to snuff out $2.9 million in a Chapter

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lower bankruptcy, filing bankruptcy, sarasota bankruptcy attorney, charlotte bankruptcy attorney, manatee bankruptcy attorney

Southwest Florida Bankruptcy Filings have Lowered Tremendously

A couple of years after the recession, the rate of consumers and businesses filing for bankruptcy have dropped approximately 50 percent in Southwest Florida. Nearly 2,600 companies and residents in Charlotte, Manatee, and Sarasota counties solicited bankruptcy attorneys to defend them against creditor in the last year – this is about half of the bankruptcy filings in 2010. Unfortunately, it is still 500 more bankruptcies filed then when the economy

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Bankruptcy, financial freedom, southwest florida,

Southwest Florida Bankruptcy Filings Down Substantially

A few years after the peak of the recession, the rate of consumers and businesses filing for bankruptcy have dropped approximately 50 percent in Southwest Florida. Nearly 2,600 companies and residents in Charlotte, Manatee, and Sarasota counties solicited bankruptcy attorneys to defend them against creditor in the last year – this is about half of the bankruptcy filings in 2010. Unfortunately, it is still 500 more bankruptcies filed than when

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truths of bankruptcy, truth about bankruptcy, bankruptcy truths, dos and donts, bankruptcy tips, tips about bankruptcy,

Do’s and Don’ts of Bankruptcy

DO: Be honest about all of your assets. Even if you think there is a chance that you might lose it, there are probably other ways in which your attorney can prevent that or you may need to come to terms with that possibility. If you don’t list it and the court finds out, it will be taken or the case will be dismissed for fraudulent activity. DON’T: Transferring property

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Chapter 7 bankruptcy, Ch. 7 bankruptcy, filing for bankruptcy, file for bankruptcy, bankruptcy attorney, bankruptcy lawyer

What is Chapter 7 Bankruptcy?

A Chapter 7 bankruptcy comes from the 7th chapter of the bankruptcy code. It is also known as the “liquidation” bankruptcy because the Trustee has to liquidate, or sell, all nonexempt property in order to repay your creditors. The majority of individuals who file for Chapter 7 get the keep their property, however there are some states that are more charitable than others. The process normally takes about 3 months

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harassing creditors, manageable fees,

What is Chapter 13 Bankruptcy?

If your debts are getting out of your control but your income is still more than the median of the state and you have been living in the same state for the past two years, you can still file for bankruptcy. A Chapter 13 bankruptcy was put in place for those who still have some “disposable” income after paying all their expenses and/or for those who’d like to keep the

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ch. 7 and ch. 13 bankruptcy attorney

No Shame in Filing for Bankruptcy

From a young age people are persuaded by means of seductive language and/or highly skilled advertising techniques to purchase products and services deemed essential for their lives, even if those products or services are out of their financial reach. Many of our leaders have told us that it is our patriotic duty to spend, and you need look no further than former President George W. Bush urging the American people

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Bankruptcy Attorney Mortgage Real Estate Cram Down Ch. 13

Using the Bankruptcy Cram Down to Save Investment Property

Many clients come in to my office seeking assistance with modifying their investment property mortgages. The first question I am usually asked is “will the bank reduce my principal down to what the property is worth?” The answer is that meaningful principal forgiveness is very rarely offered in conventional “HAMP” or “Proprietary” modifications. Unfortunately, this results in investment properties becoming unaffordable and impossible to maintain. However, these clients are often

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Bankruptcy, Loan Modification, Short Sale, Foreclosure Attorney

FHA Mortgage Applicants with Recent Foreclosures Offered a Pass

The Federal Housing Administration has instituted a new program called “Back-To-Work-Extenuating Circumstances” to assist potential borrowers who faced financial hardship during the recession. This program, which began August 15th, 2013 provides a second chance for mortgage applicants who have experienced financial hardship such as unemployment or a severe reduction in income beyond the borrower’s control. This program is designed to assist borrowers with a recent history of foreclosure, judgment, short

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