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What is an Offer to Enter into a Contract?

3. December 2015

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An offer to enter into a contract is when a legal obligation is created between parties. The one who is offering to enter into a contract is the offerer. The one who is being asked to join them in the contract is the offeree. To be considered an offer to enter into a contract there […]

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Who Gets Custody of the Pet in a Florida Divorce?

25. November 2015

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There are so many hard choices to make in a divorce. Who gets what? Who gets to have the pleasure of moving out or picking the new car insurance? Who gets the cars, dining room table, and beach towels? Do you sell the house or does one of you buy the other one out? More […]

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Can I Keep My Car if I Declare Bankruptcy?

30. August 2015

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The answer is sometimes. If you are filing Chapter 7 bankruptcy as a single person in Florida, you receive a $1,000 exemption for your car. If you own the vehicle outright and the car is worth less than $1,000 you would be able to keep it. If you are married, and you are jointly filing […]

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Does Bankruptcy Erase Judgments?

28. August 2015

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In many cases, yes, but not all judgments can be erased in Florida. A judgment is a decision handed down by the court that says you are responsible for repaying a debt, plus interest, court costs, and associated attorney fees. The judgment is filed into the court system in your county saying that you owe […]

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Can I Declare Bankruptcy Twice?

8. August 2015

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Sure! Actually, you can file it more than twice, but let’s hope you don’t have to. There are many rules and regulations regarding bankruptcy, including time constraints between filings. In addition, the way your previous bankruptcy is disposed may affect your ability to file again, or may greatly restrict a new filing. Dishonesty during bankruptcy […]

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I am Owed Money from Someone Who Declared Bankruptcy. How Can I Get My Money?

3. August 2015

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That depends on the scenario. So your cousin owes you lots of money for some work you did for him. You were going to file a judgment but then he declared bankruptcy. Can you get your money? Yes, theoretically, as long as he didn’t include the debt in the bankruptcy or add it later. However, […]

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The Stigma of Bankruptcy

23. July 2015

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Bankruptcy can have a similar stigma as illness, death, various immoralities, and many vices. Some view it as the utmost failure and an embarrassing event. This may be due to upbringing, religion, personal belief, societal pressure, or lack of education on the matter. Education on the subject often decreases or removes the stigma associated with […]

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Bankruptcy Education and Recovery

3. July 2015

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Education about bankruptcy does not usually happen until you or someone you know is facing it. Often, an opinion about bankruptcy is formed with inaccurate information or from societal jokes and innuendos—sort of like locker room talk. Before you even know it, you have opinions and thoughts that cloud the issue. This behavior is not […]

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Chapter 7 Bankruptcy

18. June 2015

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Individuals and businesses can file chapter 7 bankruptcy. It is typically for those who owe for numerous debts and are not interested in keeping their homes/vehicles or keeping their businesses open. Chapter 7 filers may lose a significant amount of personal property, since there is a limit of how much personal property you may keep. Thus, it is important to decide if Chapter 7 bankruptcy is the right kind for you to file.

Individuals and businesses can file chapter 7 bankruptcy. It is typically for those who owe for numerous debts and are not interested in keeping their homes/vehicles or keeping their businesses open. Chapter 7 filers may lose a significant amount of personal property, since there is a limit of how much personal property you may keep. […]

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