Entries by tampa

Small Business Owners Bankruptcy

Bankrupting may help obtain the relief you’re seeking if your small business is drowning in debt. You will have to review some details for this option to help you understand how the process can actually help. What could affect how you proceed is the way your business is structured. There are of course other concerns […]

What You Should Know About Chapter 13 Bankruptcy

If you are drowning in debt, there is a way to end the endless struggle to pay off your creditors. It’s called Chapter 13 bankruptcy. And no, you do not have to sell any of your assets, neither will it cost you an arm and a leg. Many people have no clue about bankruptcy, let […]

Will I lose my Lottery Jackpot if in Bankruptcy?

There are a lot of people who are actually hoping to get a piece of the prize in the jackpot amounts in recent months if they don’t win it entirely. There would be a lot of dreams to possibly come true if someone would actually win those jackpot amounts that are reaching historical heights. Winning […]

Bankruptcy and Joint Property

If you’re married and you’re considering bankruptcy protection but as a married individual, you may actually have some concerns about joint property and whether or not it can be protected from creditors. The result of your case would vary on different things, such as which chapter you have filed for bankruptcy, if you file on […]

Do not Believe These Lies about Bankruptcy

Because of fasle misonceptions and a lack of understanding about bankruptcy, a lot of consumers try to avoid it. It often depends on the situation of the individual even though filing may have its own pros and cons. It is very important for you to get sufficient information when you’re going to consider bankruptcy to […]

Florida Chapter 7 Bankruptcy Exemptions

When you file for Chapter 7 bankruptcy, you are to liquidate your assets to pay off your debts. But not all assets need to be sold; there are some assets that are exempted, and these vary from state to state. There are also exemptions in the federal system. Some states allow debtors to choose between […]

How to Get Your Taxes Discharged through Bankruptcy

Many people are under the impression that income tax debt cannot be discharged through bankruptcy. The fact is that is not entirely true. In some cases, your tax debt can be discharged when you file for bankruptcy. But there are certain criteria that must be met and also it depends on which type of bankruptcy […]

Will You Lose all your Cash in Chapter 7 Bankruptcy?

In Chapter 7 bankruptcy, you liquidate all your non-exempt assets to pay off your debts. Your cash would be part of your assets. Does that mean Chapter 7 bankruptcy will leave you penniless? That depends on whether you have cash that is classified as exempt. What is termed exempt will differ depending on guidelines set […]