Forever 21 Bankruptcy

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

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 +

Dischargeable Vs. Non-dischargeable Debts

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 +

Top 10 Celebrities Who Filed Bankruptcy

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 10 celebrities who have filed for bankruptcy in their lifetimes. Mike Tyson Starting off the list we have the former world heavyweight champion Mike “The Baddest Man on the Planet” Tyson. Over his fighting career he has had a total of 58 Read More +

Bankruptcy Fraud: Investigation Of Bankruptcy Fraud

PART II According to the US Department of Justice, 10% of Bankruptcy filings contain some element of Bankruptcy Fraud. The US Trustee Office is one of the primary organs of the government that is responsible for the investigation of Bankruptcy Fraud. Most, if not all, of the Bankruptcy Courts in the United States will have attached, a local office of the US Trustee. The President of the United States is ostensibly the highest officer given function of administering the federal laws of the United States. Read More +

Bankruptcy Attorneys: Ten Considerations When Choosing A Bankruptcy Attorney

Going through bankruptcy can be a stressful and time-consuming situation. Weller Legal Group is here to help make the bankruptcy process easier and more efficient for you and your family. In this article we are going to discuss a popular question that many clients have, and that is 10 things to consider when choosing a bankruptcy attorney. WHAT IS A BANKRUPTCY ATTORNEY? Bankruptcy attorneys come in many shapes, sizes, and experience levels. This is why it is important to understand exactly what a bankruptcy attorney 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 +

Bankruptcy Assistance

Bankruptcy assistance and representation in Chapter 7 Bankruptcy, Chapter 13 Bankruptcy, and most avenues to address issues with debt, are available here at Weller Legal Group PA.  Weller Legal Group provides assistance in primarily Bankruptcy representation of debtors.  However, we offer programs to address debt outside of Bankruptcy, including Credit Counseling, Debt Settlements, Foreclosure Defense, and Credit Repair. Jay Weller founded Weller Legal Group in 1993 and quickly grew to seven offices throughout Florida, including Miami, Orlando, Tampa, Lakeland, Clearwater, Bradenton/Sarasota, and Port Richey, Florida.  Read More +

Tax Refunds In Bankruptcy

The treatment of tax refunds is a popular issue in bankruptcy.  Income tax refunds are commonly considered to be part of the bankruptcy estate.  Therefore, if a debtor files Chapter 7 bankruptcy, the trustee may attempt to seize all or a portion of the debtor’s tax refund.  In a Chapter 13 bankruptcy, the trustee may seek to have the debtor turn over all or a portion of the debtor’s tax refund, to be applied towards the funding of the Chapter 13 plan. However, a tax Read More +

Why Is Bankruptcy Important?

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 11 Bankruptcy, which permits the Corporation to reorganize its Debts.  However, in most cases, a Corporation is a form that is maintained by Individuals. In the United States, the modern Read More +