• Sale Of Homestead And Other Assets In Bankruptcy

    Sale Of Homestead And Other Assets In Bankruptcy

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    Debtors in bankruptcy proceedings who desire to sell assets of significant value, whether those assets are considered exempt or not exempt, should obtain appropriate permission from the bankruptcy court before doing so. This advice includes the sale of the homestead in the State of Florida. If you contemplate the sale of homestead property, while in…

  • Factors That Impact Your Bankruptcy Case

    Factors That Impact Your Bankruptcy Case

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    Are you struggling to pay your bills? Do you find that you have fallen so far behind that you think you’ll never catch up? Maybe you’re drowning in a mountain of debt. While you may be struggling to keep your head above water financially, it doesn’t have to be this way. There are solutions available…

  • RECENT EXECUTIVE ORDERS REGARDING STUDENT LOANS

    RECENT EXECUTIVE ORDERS REGARDING STUDENT LOANS

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    President Biden has signed numerous executive orders recently related to student loan forgiveness. The Borrower Defense to Repayment Program, according to a recent article published in Forbes, will allow forgiveness to certain student loan recipients who were defrauded by the colleges or institutions in which they enrolled. This program was enacted by executive order in…

  • TERMS OF BANKRUPTCY BILL ADDRESSING STUDENT LOANS

    TERMS OF BANKRUPTCY BILL ADDRESSING STUDENT LOANS

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    A bill, currently in Committee before the Senate may permit many debtors encumbered with student loan debt to achieve a discharge of such debts through the process of bankruptcy.  Currently, the primary avenue for the discharge of student loans in bankruptcy is through establishing such debts constitute an undue hardship. The bill, titled the “Fostering…

  • Steps For Life After Bankruptcy Discharge

    Steps For Life After Bankruptcy Discharge

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    After you have found yourself to be on the successful side of a bankruptcy case in Florida, you are likely to be mighty relieved. This is the first good news you must have heard after struggling financially for a long time. Many people are surprised to find out that what they envisaged to be a…

  • TAMPA BANKRUPTCY ATTORNEY ON 100% CHAPTER 13 BANKRUPTCY PLANS

    TAMPA BANKRUPTCY ATTORNEY ON 100% CHAPTER 13 BANKRUPTCY PLANS

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    In the practice of bankruptcy law, attorneys will sometimes refer to a 100% Chapter 13 Bankruptcy Plan. This generally means that the debtor or the bankruptcy filer must pay 100% of the full balances owed to his or her unsecured creditors. Most bankruptcy filers who are in a 100% plan are paying such unsecured creditors…

  • Why You Should Consider Bankruptcy For Your Medical Debt

    Why You Should Consider Bankruptcy For Your Medical Debt

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    Unfortunately, there are millions of Americans who are struggling to pay their bills today because they’ve accumulated too much medical debt unexpectedly. Nobody can prevent major health issues from happening or predict when they will occur. When they do arise you simply need to figure out a way to get the treatment you need, even…

  • HOW TO CONFIRM A CHAPTER 13 BANKRUPTCY TEMPLATE

    HOW TO CONFIRM A CHAPTER 13 BANKRUPTCY TEMPLATE

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    AFTER THE 341 MEETING OF CREDITORS IS COMPLETED, THE CHAPTER 13 TRUSTEE WILL ISSUE EITHER A FAVORABLE OR UNFAVORABLE RECOMMENDATION IN THE DEBTOR(S) CASE. IF THE DEBTOR RECEIVES A FAVORABLE RECOMMENDATION THEN THERE IS NO ACTION REQUIRED AS RELATES TO THE CHAPTER 13 TRUSTEE. IF THE DEBTOR RECEIVES AN UNFAVORABLE RECOMMENDATION THEN REVIEW SUCH RECOMMENDATION…

  • Negotiating Debt With Your Credit Card Company

    Negotiating Debt With Your Credit Card Company

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    Statistics show that the average person living in the state of Florida today has over $8,000 in credit card debt. This debt can quickly become unsustainable with how high-interest rates are. Therefore many people are wondering if they can negotiate with their creditors. Unfortunately, the answer is only “maybe” since companies differ in how willing…

  • CHAPTER 13 BANKRUPTCY RETENTION OF TAX REFUND

    CHAPTER 13 BANKRUPTCY RETENTION OF TAX REFUND

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    REQUIREMENT TO PROVIDE COPIES OF TAX RETURNS TO CHAPTER 13 TRUSTEE IN CHAPTER 13 BANKRUPTCY, THE COURT WILL REQUIRE THAT ALL DEBTORS TIMELY FILE TAX RETURNS DURING THE CASE PENDENCY. WHEN YOU FILE YOUR TAX RETURN, PLEASE IMMEDIATELY EMAIL SUCH COPIES TO JWELLER@WELLERLEGALGROUP.COM OR OTHERWISE PROVIDE A COPY OF THE TAX RETURN TO OUR OFFICE,…

  • BANKRUPTCY ATTORNEY PROCEDURES FOR PHONE CONSULTATION WITH CLIENT [TO BE HELD AFTER SIGNING PETITION, BUT BEFORE SCHEDULED 341 HEARING]

    BANKRUPTCY ATTORNEY PROCEDURES FOR PHONE CONSULTATION WITH CLIENT [TO BE HELD AFTER SIGNING PETITION, BUT BEFORE SCHEDULED 341 HEARING]

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    SCHEDULE MEETING WITH CLIENT 7-8 DAYS BEFORE THE SCHEDULED 341 HEARING DEBTOR(S) NAME ON SOCIAL SECURITY CARD MUST EXACTLY MATCH THE NAME ON THE PETITION. REVIEW APPROPRIATE DOCUMENTS. DEBTOR(S) MUST READ THE BANKRUPTCY INFORMATION SHEET DEBTOR(S) MUST HAVE A COPY OF THE BANKRUPTCY PETITION. THE PETITION SHOULD BE EMAILED TO THE DEBTOR(S) AT THE TIME…

  • Bankruptcy Considerations For Small Business Owners

    Bankruptcy Considerations For Small Business Owners

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    Chapter 7 liquidation use to be the only type of bankruptcy a small business could file for. If they wanted to remain in business they’d need to file for Chapter 11 protection and fill out a lot of paperwork. However, in 2019 Congress passed a Reorganization Act entitled Subchapter V. With Subchapter V bankruptcy is…