Coronavirus and Small Business Bankruptcy

You can expect the coronavirus pandemic to shut down millions of small businesses in the upcoming months. A range of small business bankruptcies can be expected as more than 40% of the country’s small businesses are expected to shut down permanently in the next 6 months due to the coronavirus pandemic. This was indicated in a poll conducted by the U.S. Chamber of Commerce. Commercial bankruptcies began to show a rise in the first quarter of 2020. Many of the small business owners are waiting Read More +

5 Myths About the $1200 Stimulus Check

In March 2020 the biggest stimulus package in the history of America was passed by Congress to counter the economic situation caused by the coronavirus pandemic. It was signed to become the law by the U.S. President Donald Trump. This $2.2 trillion package will provide $500 billion to the industries in distress, $350 billion to the small business loans, and $260 billion for expanding the unemployment benefits program. But all the discussion is about the $300 billion set aside for direct stimulus payments. These payouts Read More +

Coronavirus May Lead to Record Bankruptcy Levels?

The Coronavirus is spreading throughout the entire world. Governments have locked down countries, airlines are not flying, and people are ravaging supermarkets to stock up on basic supplies. What does this virus mean for the world and the future? At this moment in time there is going to be stimulus checks going out to low income earners over the next few months. Even with this stimulus check, these small amounts most likely will just help with just buying some groceries. For most people this check Read More +

When Are My Debts No Longer Collectible?

Laws regarding time-barred debts, a debt that is past its legal time window of collection, vary from state to state. This “time window” in which collectors must initiate a lawsuit is formally known as the Statute of Limitations. The Statute of Limitations applies to all types of lawsuits, not just those between debtors and creditors. Anytime someone wants to file a claim, whether it’s regarding a car accident, personal injury, workers’ compensation, product liability, etc. there is an amount of time from the event in Read More +

Worried About Income Tax Debt?

Look no further. At Weller Legal Group, we are fully equipped to help with your questions regarding the IRS. Constantly receiving mail and phone calls from the United States Treasury can seem threatening and feel unending. Weller Legal Group considers it our privilege to help you understand your options when it comes to your unique tax information. Understanding the Basics Q: If I file for bankruptcy, could I wipe out that money that I owe to the IRS? A: Yes! There are just a few Read More +

Reasons to File Bankruptcy and Prior Considerations

To file bankruptcy is an extreme measure. However, this action used in the right way and at the right time can save a lot of money for you and preserve your peace of mind. It also helps you get back on your feet economically. But filing bankruptcy can also be time-consuming and expensive and have an impact on your credit score. It can also have far-reaching effects on other areas of your life. Buying a new car can become difficult while getting a new home Read More +

Coronavirus Driver of Bankruptcy

Numerous publications are claiming that the economic effects of the Coronavirus may include a rise in personal and business Bankruptcy, primarily in Asian regions, such as China and Hong Kong. One article attests that personal Bankruptcy in Hong Kong increased 9% in 2019, for a total of 8151 Bankruptcy filings, and business Bankruptcy increased 14%, with a total of 419 Bankruptcy filings. According to this same publication, the Sars virus of 2003 produced an increase in that year of business Bankruptcy filings, but strangely, a Read More +

Town N Country Florida Bankruptcy Attorney

Those looking for a reputable Bankruptcy Attorney in the area of Town N Country, in Tampa, Florida, need look no farther. Weller Legal Group has been representing Debtors, and only Debtors, in Bankruptcy Proceedings since its founding in 1993. Jay Weller and Weller Legal Group have represented many thousands of Clients in Bankruptcy matters, including Chapter 13 Bankruptcy and Chapter 7 Bankruptcy. Bankruptcy may provide some advantages to a Debtor including the stoppage of Foreclosures, Wage Garnishments, Lawsuits, and Repossessions. Chapter 13 Bankruptcy may stop Read More +

Seffner Florida Bankruptcy Attorney

For those in Seffner Florida our Bankruptcy Attorneys are available daily at our Tampa Office. Our Tampa Florida Office is located at 4100 West Kennedy Boulevard in Tampa, Florida. The Office is equidistant between the intersections of Dale Mabry Highway and Lois Avenue, on Kennedy Boulevard. The most prominent local landmark is Jimbo’s BBQ, which is across the street from the building wherein our Office is located. We also have Law Offices in Clearwater, Port Richey, and Lakeland, Florida. Weller Legal Group was founded in Read More +

Lutz Florida Bankruptcy Attorney

If you live or work in Lutz, Florida and are seeking a Bankruptcy Attorney, then Weller Legal Group may be able to help. The Bankruptcy Attorneys and Paralegals at Weller Legal Group have knowledge and experience in most matters relating to Bankruptcy Law, including Chapter 7 Bankruptcy, Chapter 13 Bankruptcy, and Chapter 11 Bankruptcy. Chapter 7 Bankruptcy is commonly referred to as a Straight Bankruptcy or Straight Bankruptcy. In a Chapter 7 Bankruptcy, the Debtor is seeking to Discharge his or her Unsecured Debts. Discharge Read More +