Five Benefits Of Filing Bankruptcy

Each year, a multitude of individuals, families, and small businesses are faced with the decision as to whether or not Chapter 7 Bankruptcy is a viable course of action. Alternatively, a Chapter 13 filing may be a better course of action for some who may not qualify for Chapter 7 relief. And, for some businesses and certain individuals, a Chapter 11 petition may be the right course of action. In any given situation, one of the three may be the better decision depending upon a Read More +

Do I Need To File For Bankruptcy?

It has been said that for most people “…bankruptcy is a scary proposition…”. Depending upon the type of bankruptcy case, a person’s asset vs. debt ratio, and myriad other factors, it could be added, “…and rightfully so”. Even the word “bankruptcy” has an ominous ring to it – and – the concept of “going bankrupt” has been a shaming one for most people over the course of history. Yet, bankruptcy remains the “law of the land” for individuals and corporations alike. The list of famous Read More +

Should I File For Bankruptcy? – Reasons Why Bankruptcy May Be Right For You

The decision to file for bankruptcy is a tough one no matter how you cut it. Going through the bankruptcy process takes time and money. Once a petition is filed, a person’s entire financial situation is a matter of public record and open to others. The process will take an emotional toll on the filer and his/her family and loved ones as well. So – again – the decision to file for bankruptcy is a tough one. One that should not be taken lightly and Read More +

Bankruptcy Help Near Me

If I was seeking bankruptcy help near me, I would probably contact Jay Weller at Weller Legal Group PA. Mr. Weller has practiced almost exclusively bankruptcy law, since his admission to the Florida Bar in 1993. Mr. Weller only represents debtors and never creditors. He primarily represents clients in Chapter 7 bankruptcy and Chapter 13 bankruptcy proceedings. If you need help in bankruptcy then Jay Weller is probably among the best bankruptcy attorneys currently practicing in the greater Tampa region that encompasses the Middle District Read More +

Bankruptcy Pros And Cons

The pros and cons of Bankruptcy are myriad. Among the cons of bankruptcy, is the filing of a Chapter 7 or Chapter 13 Bankruptcy will appear on your consumer credit report for a period of ten (10) years. Presently, in order to qualify for a federally backed mortgage loan, a debtor’s bankruptcy must be a least two years old. Some creditors may not extend credit to debtor’s who are still within a bankruptcy. Some creditors will extend credit to a debtor still in bankruptcy, with Read More +

Find A Bankruptcy Attorney In Clearwater, Fl

It is hard to find a good bankruptcy attorney in Clearwater, FL. However, Jay Weller at Weller Legal Group PA is here to help. Mr. Weller has practiced almost exclusively bankruptcy law since 1993. Mr. Weller only represents debtor and never creditors. Mr. Weller also practices mostly in the representation of debtors in Chapter 7 and Chapter 13 bankruptcy in Clearwater, Polk, Hillsborough, Pinellas, Pasco, Hernando, Manatee and Sarasota Counties. Since 1993, Weller Legal Group PA has represented many thousands of clients in the filing Read More +

Clearwater, St. Petersburg, & Pinellas County Florida Fun Facts

(From THE “Fun Fact Factotum” ) Clearwater… St.  Petersburg… and Pinellas County… All are situated in the State of Florida. All are sited along or immediately near the Central West Florida coastline along a 55-mile long stretch of the Gulf of Mexico. The longitudes and latitudes of the three geographical locations vary slightly. Those are: Location Latitude Longitude Elevation Clearwater 27.796745 -82.796745 30 feet St. Petersburg 27.773056 -82.639999 43 feet Pinellas County 27.8764 82.7779 (not given) Clearwater, St. Pete and Pinellas County – being so Read More +

Reaffirmation Agreements In Bankruptcy

The primary thrust of Chapter 7 Bankruptcy cases is to deal with consumer debts in such a manner as to ultimately “discharge” them – i.e. eliminate the obligation to pay certain types of debt and get a “financial fresh start”. While not all debts are subject to “discharge”, many of them – primarily “consumer debts” – are. There are some circumstances where a debtor opts to continue to service certain debts that may be otherwise dischargeable in Chapter 7 bankruptcy proceedings. Being involved in a Read More +

The “means Test” In Bankruptcy (chapter 7) – Part Iii

Part III of Three Related Articles [See related articles on this blog: The Bankruptcy Abuse Prevention & Consumer Protection Act (BAPCPA), “Part I, Rationales”&“Part II, Changes in Bankruptcy Law”] After passage of the BAPCPA in 2005, anyone wanting to file for Chapter 7 bankruptcy relief was faced with the new requirement of having to pass a “means test” to determine their eligibility. The primary purpose of the means test is to help the court determine whether an individual should be allowed to file a petition Read More +

Bankruptcy Abuse Prevention & Consumer Protection Act Of 2005 (bapcpa) Part Ii

Part II – Changes in Bankruptcy Law [See related articles on this blog: The Bankruptcy Abuse Prevention & Consumer Protection Act (BAPCPA), “Part I, Rationales” &Part III The “Means Test in Bankruptcy”] The enactment of the Bankruptcy Abuse Prevention & Consumer Protection Act (BAPCPA) in April, 2005, wrought significant changes in the law embodied in Chapter 7 of the United States Bankruptcy Code. Changes were also affected in Chapter 13 of the code, but such changes in that section were not as broad or as Read More +