Tampa Bankruptcy Attorney Explains Tampa And Hillsborough County Coronavirus Executive Orders

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I am an attorney who primarily practices bankruptcy. The legality of Executive Orders issued by various governmental entities or officials is not a subject to which I devote much effort. Ask a question about bankruptcy and I am likely to know the answer. There are attorneys and persons who are not attorneys who are better versed on the legality of such executive orders. This article will not address the legality or enforceability of the executive order administered in Hillsborough County and Tampa. On July 7, Read More +

Congress Support For Student Loans During The Coronavirus Pandemic

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The CARES Act was passed by the US Congress in April. This massive stimulus package was announced in response to the coronavirus pandemic and the economic downturn as a result of the spread of the crisis. The act has provided crucial relief to student loan borrowers. It has suspended all the payments and interests on the federal student loans which are held by the government. Congress has stopped all the collection activity for the defaulted federal loans also. Implementation of CARES Act for student loans Read More +

Planning Bankruptcy Filing During Coronavirus Pandemic

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There is no denying the fact that coronavirus pandemic has rocked the U.S. economy badly and this has had a terrible effect on the bankruptcy filings. With an upsurge in unemployment and several businesses coming under financial pressure due to the spreading of the pandemic, it is only a matter of time before many businesses declare bankruptcy for handling their debts and make a new beginning as observed by many experts. More than 30 million people across America have become jobless and filed the jobless Read More +

Coronavirus And Small Business Bankruptcy

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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 +

Coronavirus May Lead To Record Bankruptcy Levels?

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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 +

Coronavirus Covid-19 Sanitization Efforts

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As the reader is probably aware, various governmental agencies have mandated that various businesses, airports, and other institutions closed their facilities, in an effort to stem the spread of the Coronavirus, otherwise labeled COVID-19. It is the position of Weller Legal Group PA that it is imperative that our offices be as clean and sanitized as possible. We are taking proactive efforts to not only sanitize each of our four offices, including the sanitization of all desks, workspaces, computers, printers, and common areas. Picture Credit: 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 +

The Millennial Generation: “selfish Slackers” Or Next Modernist Generation?

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Who are the “Millennials”? According to a recent study by the Pew Research Center, “Anyone born between 1981 and 2000 (ages 18 – 37 in 2018) is considered to be a Millennial… anyone born from 2001 onward will be part of a new generation”. As stated on its website, the Pew Research Center is a “non-partisan ‘fact tank’ that informs the public about the issues, attitudes and trends shaping the world.” The Center is a subsidiary of the Pew Charitable Trusts, the primary funder of Read More +

Weinstein Company Bankruptcy – Harvey Weinstein Pleads “not Guilty”

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*** FURTHER UPDATE *** In a further development related to the Weinstein Company’s Chapter 11 bankruptcy case, disgraced former CEO Harvey Weinstein today entered “not guilty” pleas to several charges in the State of New York Supreme Court in Manhattan. The pleas apply to one count of first-degree criminal sexual conduct and one count each of first-degree and third-degree rape. Weinstein’s attorney, Benjamin Brafman told reporters that the two sexual encounters alleged in the case were “consensual acts that do not amount to sexual criminal Read More +

Chapter 11 Bankruptcy Filings – 770 As Of March, 2018 – Highest In 7 Years

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*** UPDATE *** (See prior article on this blog – “Chapters in Bankruptcy, a Short Primer…”) The number of Chapter 11 (“reorganization” bankruptcy) filings has reached an all-time high since 2011. In that year, there were 789 Chapter 11 filings as the nation was still trying to recover from the “great recession” of 2008 – 2009. According to data from the American Bankruptcy Institute (“ABI”), the year-over-jump (that tracks the number of such filings in comparison to previous reporting periods) was the second highest to be Read More +