Category: Debt

List of Dischargeable Debts

When you file for bankruptcy, certain debts can be wiped out, which means you no longer have to pay them. This process is known as "discharge." Understanding which debts can be discharged is essential because it affects your financial recovery. Bankruptcy can provide a fresh start by freeing you from overwhelming debts. At Fleysher Law,

How Does Stress from Debt Affect Your Health?

In today's fast-paced world, the burden of debt can take a significant toll on your overall well-being, affecting both your mental and physical health. From sleepless nights to constant worry, the stress of unmanageable debt can feel overwhelming. However, there's a solution that can provide much-needed relief: bankruptcy. In this article, we'll explore how stress

Discharging Tax Debt in Bankruptcy

Are you feeling stressed out about the IRS tax debt? Have you considered discharging that tax debt in bankruptcy? Did you know that was even possible? Keep reading to learn the facts about discharging tax debt in bankruptcy. Before making a major financial decision like filing for bankruptcy, make sure you speak with an experienced

Florida Auto Negligence Lawsuits & Judgments (from a Bankruptcy Attorney Perspective)

Uninsured & Under Insured Drivers in Florida A recent report from PolicyGenius shows that Florida currently ranks 10th in the nation in number of serious car accidents. The sobering statistics show that in 2019, more than 3,000 Floridians died in motor vehicle accidents. Another study from the Insurance Information Institute shows that Florida ranks 6th

Types Of Debt Covered By Bankruptcy Protection

When you file for bankruptcy, you might assume that bankruptcy protection will discharge all of your debts. However, this is not the case for all as bankruptcy cannot completely discharge some debts because they do not qualify. In general, bankruptcy is a complex process. And, while you may think you can get through it on

How To Rebuild Your Credit After A Foreclosure

Your home is where you spend most of your time and the last thing that you would ever imagine is facing a foreclosure on it. However, the lender can take ownership of your home through a foreclosure if you do not make your mortgage payments. Not only will you lose your home, but it will

Bipartisan Student Loan Bankruptcy Bill Introduced

The Fresh Start Through Bankruptcy Act would change the bankruptcy code to make it easier to discharge student loans under certain conditions. Senators Richard Durbin (D-IL) and John Cornyn (R-TX) are the bill's sponsors (R-TX). Undue Hardship While it is not impossible to discharge student loan debt through bankruptcy under existing law, it can be

Auto Refinance in Ch. 13

If you have recently been denied an auto refinance loan because (1) your credit score was too low; or (2) because your car is worth less than the current loan balance; or (3) because your car is too old, you may have another option... What is Ch. 13 Bankruptcy? Ch. 13 is a type of

South Florida's Zombie Foreclosures Have Plunged

Zombie foreclosures, or abandoned properties that are going through the foreclosure process, have had a dramatic decline in South Florida in the past year. According to RealtyTrac’s Zombie Foreclosure Alert, there has been a 46 percent decline in Zombie Foreclosure during the second quarter of litigation; which translates to about 7,021 properties. An attorney from

Medical Debt Affects A Large Portion of Americans

In a new report of compiled data provided by the Consumer Financial Protection Bureau, close to 20 percent of U.S. shoppers are in debt. This is due to unpaid medical bills. The bills that insurance companies and hospitals are providing seem to confuse many Americans. That is, those for the cost of their treatments. This