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Can bankruptcy get rid of my tax debt?
SmithLaw is often asked this question during our bankruptcy consultations. Some income tax may be dischargeable during a Chapter 7 or Chapter 13 bankruptcy. (Other types of taxes are usually treated differently.) But specific rules govern what type of income tax debts can be discharged. The basics: Tax debts are all associated with specific years [...]
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Things to Consider When Trying to Improve Your Credit Rating
28. March 2012
We all want the best credit rating we can get. If yours is not perfect, definitely work to improve it. However, please realize that many illegal and shady ways to restore your credit exist, and none are worth risking it all for. For the most part, most companies with guaranteed credit repair are scams. It [...]
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Celebrity Bankruptcy and Foreclosure News
17. March 2012
Though one might assume that celebrities would be immune to troubles like bankruptcy and foreclosure, this is not always the case. SmithLaw took some time to see which celebrities are facing trouble these days. Bankruptcy Gary Busey, recently known as the Pepperoni Prophet on Celebrity Apprentice, filed for bankruptcy. His debt is estimated to be [...]
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Florida Bankruptcy Resources
11. March 2012
Going through a bankruptcy is stressful enough, without the added concern of not being able to find detailed information about its limitations, procedures, and outcomes. SmithLaw created our blog for just this purpose–as a helpful resource for those seeking basic information about various legal issues. Below. we have listed some other resources that you might [...]
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Being harassed by debt collectors?
2. February 2012
The Florida Consumer Collection Practices Act or FCCPA can help. This act is only for the state of Florida and was meant to create good debt collecting behavior and protect Florida’s citizens from debt harrassment. It defines who is a debtor, who is a creditor, who is a debt collector, and more. It provides rules [...]
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Five Things You Wanted to Know About Chapter 7 Bankruptcy in the State of Florida
27. January 2012
1. How long does the Chapter 7 Bankruptcy process take in Florida? Typically, a Florida bankruptcy case can take four to six months. However, no case is the same and timelines vary depending on the specific circumstances of the case. Your attorney’s schedule, the trustee’s schedule, and the timing of when you take your educational [...]
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Four Resources for Managing Your Money Wisely
27. January 2012
These days, everyone can use a little advice on managing his or her money. We have compiled some links below to help you with budgeting, reducing debt, and more. http://www.bankrate.com/calculators.aspx Bankrate.com offers many calculators to help you figure out your home equity, time it will take to pay off credit cards, what a mortgage [...]
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Do I Need an Attorney to File Bankruptcy?
27. January 2012
An attorney is not required for individuals when filing bankruptcy in the state of Florida. Individuals may file pro se, representing themselves. (Businesses must use an attorney.) However, the courts strongly suggest that you hire an attorney to represent you during your case. Let us examine why. The appointed trustee and other court personnel cannot [...]
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Is there an alternative to bankruptcy in the state of Florida?
27. January 2012
Bankruptcy is often a good choice for individuals facing overwhelming debt. Bankruptcy offers a solution to financial crisis for many people when there is no other relief in sight. However, many Floridians do not know there are alternatives to bankruptcy. We have all seen signs on the side of the road that offer: Cheap Debt [...]
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- Lunch Date with your Dog?
- The Castle Doctrine in Florida
- Stopped for a DUI? What are Your Options?
- Being harassed by debt collectors?
- A Primer on Florida’s Motor Vehicle Insurance Requirements
21. April 2012
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