Category: Bankruptcy

How Long Does It Take for My Credit Score to Reach 700 After Filing for Bankruptcy?

Rebuilding your credit and enhancing your credit score can be a gradual process that takes time. Generally, it takes about a year after bankruptcy to reach a credit score of 700 or higher. However, this timeline can vary depending on a variety of factors, including: It's important to note that while bankruptcy will remain on

How Long After Bankruptcy Can I Get a Mortgage Loan?

After filing for bankruptcy, you may wonder how long you'll have to wait before qualifying for a mortgage loan. The answer depends on the type of bankruptcy you filed and your interest in the loan program. Here are the typical waiting periods for mortgage loans after bankruptcy: It's important to note that these waiting periods

Florida Auto Negligence & Indemnification Lawsuits (From a Bankruptcy Attorney’s Perspective)

A recent report issued by PolicyGenius shows that Florida currently ranks 10th in the nation in the number of serious car accidents. The sobering figures show that in 2019, at least 3,000 Floridians died in motor vehicle accidents. Another recent study published by the Insurance Information Institute demonstrates that Florida ranks 6th in the nation for the greatest percentage

What Are the Origins of Bankruptcy Law?

Bankruptcy law has ancient origins, dating back to the Code of Hammurabi, which was one of the earliest written legal codes in ancient Mesopotamia around 1750 BC. The Code of Hammurabi included provisions for debt forgiveness and protection of debtors from harsh penalties and enslavement. In ancient Greece, the concept of bankruptcy was also present,

Can I Save My Car From Repossession With Bankruptcy in Florida?

Yes, filing for bankruptcy in Florida can help you save your car from repossession. Once you file for bankruptcy, an automatic stay is triggered, which halts all collection actions by creditors, including car repossession. However, whether you can keep your car in a bankruptcy filing depends on several factors, including the type of bankruptcy you

Interplay Between Divorce and Bankruptcy in Florida

Divorce and bankruptcy are two complex legal processes that can have substantial consequences on an individual's financial and personal well-being. In Florida, these processes are governed by specific laws and regulations that must be followed to ensure a successful outcome. Here is some information about divorce and bankruptcy in Florida: Divorce in Florida Florida is

Can I Keep My Car if I File for Bankruptcy in Florida?

Whether or not you can keep your car if you file for bankruptcy in Florida will depend on several factors, including the type of bankruptcy you file, the equity you have in your car, and your ability to continue making payments on your car loan. In Florida, individuals who file for bankruptcy may be able

Bankruptcy for Seniors in Florida

Filing for bankruptcy can be a complicated decision for anyone, but it can be exceptionally challenging for senior citizens who may have unique financial and legal considerations to take into account. If you are a senior citizen in Florida considering bankruptcy, here are some important things to keep in mind: Exemptions in Florida Florida has

Can I Keep My Social Security Benefits if I File for Bankruptcy in Florida?

Filing for bankruptcy in Florida raises many concerns. One frequent worry is the fate of one's Social Security benefits. Will you lose them? Or are they safe from the bankruptcy proceedings? At Fleysher Law, we have guided countless Floridians through the complex bankruptcy process. Our expert team is here to make things more straightforward and

Will I Be Able to Keep All My Home’s Equity if I File for Bankruptcy in Florida?

In Florida, the homestead exemption provides certain protections for your primary residence in bankruptcy proceedings. Under the Florida Constitution, if your homestead property meets certain criteria, it can be exempt from the claims of most creditors, including during bankruptcy. The Key Criteria for a Property to Qualify for the Homestead Exemption in Florida Size Limitation