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What Seniors Need to Know About Filing for Bankruptcy in Florida
By: Emil Fleysher | August 18, 2024 | Bankruptcy
Filing for bankruptcy can be challenging at any age, but it can present unique considerations for seniors. As living costs continue to rise, many Florida seniors face financial challenges that can be especially burdensome on fixed incomes. With rising inflation and the increasing cost of essentials such as housing, healthcare, and utilities, seniors may need
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List of Dischargeable Debts
By: Emil Fleysher | August 16, 2024 | Debt
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,
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Are Employee Stock Ownership Plans (ESOPs) Protected in Bankruptcy?
By: Emil Fleysher | July 25, 2024 | Bankruptcy
At Fleysher Law, we specialize in bankruptcy law and employee benefits. We offer expert guidance and representation to individuals and businesses facing financial challenges.  With a deep understanding of Employee Stock Ownership Plans (ESOPs) and the protections placed under federal and state laws, Fleysher Law is dedicated to helping clients safeguard their retirement savings during
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What's the Difference Between Chapter 7 vs Chapter 13 Bankruptcy?
By: Emil Fleysher | July 16, 2024 | Bankruptcy
Chapter 7 bankruptcy, or liquidation bankruptcy, involves selling non-exempt assets or property that can be used to pay off debt or repay creditors. In contrast, Chapter 13 bankruptcy involves making a court-approved repayment plan. Understanding the differences between Chapter 7 and Chapter 13 bankruptcy is essential for anyone facing overwhelming debt. If you are undergoing
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How Does Stress from Debt Affect Your Health?
By: Emil Fleysher | | Debt
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
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What is a 707(b) Dismissal for Abuse in Bankruptcy?
By: Emil Fleysher | June 24, 2024 | Bankruptcy
In bankruptcy law cases, the term "707(b) dismissal" is one that you’d really prefer to avoid since it typically arises in cases involving potential abuse of the bankruptcy process. Understanding what this dismissal entails is crucial for individuals navigating financial challenges and considering bankruptcy as a solution. Now, we'll delve into the concept of a
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What Documents Are Needed for Estate Planning?
By: Emil Fleysher | June 13, 2024 | Estate Planning
Estate planning involves preparing for the future management of your assets. This is important when you pass away or become incapacitated. It ensures that your wishes are honored and reduces the burden on your family members during a difficult time. Effective estate planning uses several important legal documents to outline your intentions clearly. Understanding which
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Can Chapter 13 Bankruptcy Lower Your Car Loan?
By: Emil Fleysher | | Bankruptcy
Chapter 13 bankruptcy might be a way for you to manage overwhelming debt, including your car loan. By restructuring your debts, Chapter 13 allows you to make more manageable payments over some time. If you're struggling to keep up with high car payments, you might wonder if Chapter 13 can reduce your debt. At Fleysher
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The 609 Loophole and Bankruptcy: What To Know
By: Emil Fleysher | June 12, 2024 | Bankruptcy
Understanding all your options is crucial when dealing with financial distress or bankruptcy. The 609 Loophole refers to a section of the Fair Credit Reporting Act. It might help you challenge inaccurate or unverifiable information on your credit report. While bankruptcy can impact your credit score, knowing how to navigate these laws can help you
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What is a “Preferential Transfer” in Bankruptcy?
By: Emil Fleysher | | Bankruptcy
As individuals confront financial hardships and contemplate bankruptcy as a solution, it's essential to understand the intricacies and potential pitfalls of bankruptcy law, including terms like "preferential transfer."  At Fleysher Law, we understand that considering to file for bankruptcy can be stressful and unpleasant. We always put the needs of our clients first, exploring all
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