Forever 21 Bankruptcy

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Corporate bankruptcy seems to be all over the new in the United States today. Some major companies to file for bankruptcy recently are Diesel, Payless ShoeSource, and the once might Marie Calendar’s food restaurant chain. One company that also joins this list is the budget clothing behemoth store, Forever 21. This may come as a shock to you, especially if you are a millennial who used to love shopping at these stores. Sales are down and the traffic in malls are not what they used Read More +

Medical Debts Are Forcing Bankruptcy

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The cost of medical services in America is at ridiculous levels. The current rates for medical care are extremely high and only seem to be increasing each and every year going into the future. It is estimated that over 500,000 Americans file for bankruptcy each year due to medical debts. Even President Obama mentioned in his 2009 State of the Union address, that a medical bankruptcy occurs approximately every 30 seconds in the United States. This is a staggering number and it seems that this Read More +

Treatment of Garnishments in Florida in and Outside of Bankruptcy

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Garnishment of property or wages for unpaid debts can make a difficult financial situation even harder. In Florida, the rules and procedures of garnishment are controlled by Florida Statute Chapter 77, as well as the federal Consumer Credit Protection Act at 15 U.S. Code § 1673 Specific rules for garnishment apply to special kinds of debts like back taxes, student loans, and domestic support obligations (child support and alimony). In Florida, anyone who sues to recover a debt or obtains a judgement against another party has Read More +

New Student Loan Modification Program in Central Florida Bankruptcy

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Student loan debt is a huge concern for many Floridians engaged in the bankruptcy process. Traditionally it has been extremely difficult for a debtor to discharge student loan debt in a bankruptcy case, barring an extensive showing of “undue hardship”. However, the United States Bankruptcy Court for the Middle District of Florida has recently created the Student Loan Modification Program which allows debtors and creditors to work together to develop modified repayment plans of student loan debt in the bankruptcy setting. The Student Loan Modification Read More +

Constructive Fraud in Bankruptcy

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There are two forms of fraud in regards to bankruptcy, intentional fraud and constructive fraud. It is important for you to understand these two forms of fraud so you are able to protect yourself in the future from making any of these mistakes that could potentially land you behind bars. In this article we are going to discuss constructive fraud and inform you on what you can do so you don’t make any of mistakes that could potentially leave you in hot water. Constructive Fraud Read More +

Bankruptcy Chapter 7

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Each year thousands of Americans will decide to file for Chapter 7 Bankruptcy. In 2017, it is estimated that over 500,000 people in the United States filed for a bankruptcy. Filing for bankruptcy is nothing to be ashamed about and can even be a great start to a fresh new beginning. Throughout this article, we at The Weller Legal Group are going to provide you with valuable information in regards to the Chapter 7 Bankruptcy topic. What is Chapter 7 Bankruptcy? Chapter 7 Bankruptcy is Read More +

Bankruptcy Fraud

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Many Americans today are struggling with their finances. Each year it is estimated that there are over 500,000 families across the United States that will end up filing for a bankruptcy. This number may come as a shock to you but we want you to be aware of the facts that filing for a bankruptcy is nothing to be ashamed or scared about. Filing for bankruptcy is more common than most people may think. In this article we are going to discuss the topic of Read More +

Tampa Bankruptcy Court

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Going through a bankruptcy can be a stressful and time-consuming situation. We at The Weller Legal Group are here to help make the bankruptcy process easier and more efficient for you and your family. In this article we are going to talk about some facts about the Tampa Bankruptcy Court that will hopefully answer some of the most common questions in regards to the Tampa Bankruptcy Court that you may have. Location The Tampa Bankruptcy Court is currently located at 801 N Florida Ave, Suite Read More +

Dischargeable Vs. Non-dischargeable Debts

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Many Americans today will have to file for a bankruptcy at some point in their lives. The two most common types of bankruptcies for individuals to file in the United States is Chapter 7 Bankruptcy and Chapter 13 Bankruptcy. In this article we are going to discuss the key differences between dischargeable debts and non-dischargeable debts, while including some examples of each type. Hopefully after reading this article you will get a better understanding of the differences between the two types of debts that are Read More +

the Average Millionaire Filed Bankruptcy 3.5 Times?

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Going through a bankruptcy can be a stressful and time-consuming situation. We at The Weller Legal Group are here to help make the bankruptcy process easier and more efficient for you and your family. A common statement in the bankruptcy world is that, “the average millionaire will file for bankruptcy 3.5 times in their lifetime.” In this article, we are going to discuss this topic of how many times millionaires will file for bankruptcy in America? Millionaire Facts In this section we are going to Read More +