• CAN I SELL HOME IF I FILE BANKRUPTCY?

    CAN I SELL HOME IF I FILE BANKRUPTCY?

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    BANKRUPTCY  ATTORNEY QUESTION FROM CLEARWATER, FLORIDA If I file Bankruptcy, can I still sell my Home, asks D McDonald of Clearwater, Florida.  Generally, if the home or real estate in question is your Homestead, you may sell the subject property, and retain the proceeds or profits of that sale, provided you use such proceeds towards…

  • MOST PRO FOOTBALL PLAYERS GO BANKRUPT OR BROKE:  TRUE OR FALSE? (PART I OF II)

    MOST PRO FOOTBALL PLAYERS GO BANKRUPT OR BROKE: TRUE OR FALSE? (PART I OF II)

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    The infamous 2009 Article in Sports Illustrated, by Pablo Torre, maintained that two years after their collective retirement from professional football, 78% of former players in the NFL “have gone bankrupt or are under financial distress because of joblessness or divorce”.  Subsequent to this Article, Forbes published a 2005 piece, “Five Reasons Why 80% Of…

  • WHAT IS A LIS PENDENS?

    WHAT IS A LIS PENDENS?

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    BANKRUPTCY ATTORNEY QUESTION FROM SPRING HILL, FLORIDA We have a Bankruptcy Lawyer question from Spring Hill, Florida.  R McDonald asks, what is a Lis Pendens? A Lis Pendens is a Notice that warns persons, such as prospective Purchasers, renters or others having an Interest in the Property under suit that the Title to the Property…

  • WHY IS BANKRUPTCY IMPORTANT?

    WHY IS BANKRUPTCY IMPORTANT?

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    BANKRUPTCY ATTORNEY QUESTION FROM NEW PORT RICHEY, FLORIDA A gentleman from New Port Richey, Florida asks our Bankruptcy Attorney, why is bankruptcy important?  Bankruptcy is important because it is one of the few tools that an Individual possesses to prevent his or her enslavement. A Corporation may also file a sort of Bankruptcy called Chapter…

  • ADVICE TO LAW STUDENTS WHO WANT TO BE A BANKRUPTCY ATTORNEY

    ADVICE TO LAW STUDENTS WHO WANT TO BE A BANKRUPTCY ATTORNEY

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    ST PETERSBURG, FLORIDA LAW STUDENT MIKE PARSONS QUESTION FOR BANKRUPTCY LAWYER I am a Law Student who wishes to study Bankruptcy Law and practice as a Bankruptcy Attorney.  Do you have any advice as to how I should proceed?  Thank you, Mike Parsons of St Petersburg, Florida for your question. While in my second year…

  • CELEBRITIES WHO FILED BANKRUPTCY

    CELEBRITIES WHO FILED BANKRUPTCY

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    BANKRUPTCY LAWYER QUESTION SPRING HILL, FLORIDA Spring Hill, Florida Resident Johhny B asks the Bankruptcy Lawyer, what famous Celebrities or Public Figures have filed Bankruptcy? A number of well known Celebrities and Public Figures have filed Bankruptcy.  This Video gives an extensive list of such Persons who have filed Bankruptcy. Among the surprises on the…

  • WHAT IS A CREDIT COUNSELING CERTIFICATE IN BANKRUPTCY?

    WHAT IS A CREDIT COUNSELING CERTIFICATE IN BANKRUPTCY?

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    BANKRUPTCY ATTORNEY QUESTION FROM CLEARWATER, FLORIDA Ted Owen from Clearwater, Florida asks the Bankruptcy Attorney, What is a Credit Counseling Certificate as used in Bankruptcy?   The Credit Counseling Certificate is an invention of the 2005 Bankruptcy Act passed by Congress and signed by George W Bush. The Credit Counseling Certificate became a requirement for all…

  • WHAT IS A CERTIFICATES FOR DOMESTIC SUPPORT OBLIGATION IN BANKRUPTCY?

    WHAT IS A CERTIFICATES FOR DOMESTIC SUPPORT OBLIGATION IN BANKRUPTCY?

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    BANKRUPTCY ATTORNEY QUESTION FROM PORT RICHEY, FLORIDA A man by the name of Chino, living in Port Richey, Florida asks the Bankruptcy Attorney, I received a paper titled Certificates for Domestic Support Obligation, and I am in a Chapter 13 Bankruptcy.  What does this mean?  Thank you, Chino of Port Richey, Florida.  To begin, I…

  • DO I NEED A CREDIT COUNSELING CERTIFICATE IN ORDER TO FILE BANKRUPTCY?

    DO I NEED A CREDIT COUNSELING CERTIFICATE IN ORDER TO FILE BANKRUPTCY?

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    BANKRUPTCY QUESTION FROM BRANDON, FLORIDA Jose Pasquini from Brandon, Florida, asks, Do I need a Credit Counseling Certificate in order to file Bankruptcy.  Thank you, Jose Pasquini for your question.Section 109 of the Bankruptcy Code defines who may be a Debtor in Bankruptcy.  Bankruptcy Code Section 109 states that a Debtor may be a person…

  • WHO IS BANKRUPTCY ATTORNEY JAY WELLER?

    WHO IS BANKRUPTCY ATTORNEY JAY WELLER?

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    PORT RICHEY, FLORIDA CLIENT QUESTION FOR THE BANKRUPTCY LAWYER Patrick O’Bier of Port Richey, Florida asks, Who is Jay Weller?  Jay Weller is a Bankruptcy Attorney who has been practicing Bankruptcy Law in the State of Florida, since 1993.  Jay Weller is admitted to practice Bankruptcy Law in the Middle District of Florida, Tampa Division,…

  • I FILED BANKRUPTCY.   WHEN CAN I FILE AGAIN?

    I FILED BANKRUPTCY. WHEN CAN I FILE AGAIN?

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    BANKRUPTCY ATTORNEY QUESTION FROM BRANDON FLORIDA Stuart Schnell of Brandon, Florida asks the Bankruptcy Attorney, If I previously filed Bankruptcy, may I file Bankruptcy again, and when may I file Bankruptcy again? Thank you for your question, Stuart. If you file Bankruptcy, you may generally file Bankruptcy again, depending upon primarily the amount of time…

  • CAN A CREDITOR OR OTHER INTERESTED PARTY, OBJECT TO DISCHARGE OF A DEBT IN BANKRUPTCY?

    CAN A CREDITOR OR OTHER INTERESTED PARTY, OBJECT TO DISCHARGE OF A DEBT IN BANKRUPTCY?

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    ASK THE BANKRUPTCY ATTORNEY-BRANDON, FLORIDA CLIENT DANNY R Danny R of Brandon, Florida has a Question for the Bankruptcy Lawyer.  May a Creditor or other Interested Party Object to the Discharge of a particular Debt that was included in the Bankruptcy, and the Bankruptcy Discharge? The answer is Yes.  The operative Sections of the Bankruptcy…