Bankruptcy Treatment of Private School Expenses

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INTRODUCTION Parents may seek to matriculate their minor children in private schools for various reasons, including religious purposes, lack of confidence in the available public schools, and alternatively, the belief that the available private school offers a better education than the pertinent public school. The question in arises, in Bankruptcy, as to whether the debtor may deduct his or her expenses related to the debtor’s child or children’s private school enrollment. The ability to deduct such expenses may determine whether the debtor is able to Read More +

Credit Card Payments During Coronavirus Pandemic

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For several people, a credit card is a significant resource when things are not going well financially. If you have lost a lot of income recently due to the coronavirus pandemic the credit card will be a significant lifeline for meeting your business requirements. However, if you fail to make the payments on time the credit card debt can add up quickly and it can become a long-term financial challenge. But most of the credit card companies are willing to work with their clients affected 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 +

Dealing with Financial Stress During the Coronavirus Crisis

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Similar to the millions of other U.S. nationals you may find yourselves out of work at the moment due to the spread of coronavirus epidemic. Unlike other disasters where you can predict the layoff period, this is an unexpected and devastating blow for many people. There are not many answers available about when all this is going to end. What will happen to the future work, what will be the assistance available for the unemployed workers are the questions we all are curious to find Read More +

Coronavirus Driver of Bankruptcy

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Numerous publications are claiming that the economic effects of the Coronavirus may include a rise in personal and business Bankruptcy, primarily in Asian regions, such as China and Hong Kong. One article attests that personal Bankruptcy in Hong Kong increased 9% in 2019, for a total of 8151 Bankruptcy filings, and business Bankruptcy increased 14%, with a total of 419 Bankruptcy filings. According to this same publication, the Sars virus of 2003 produced an increase in that year of business Bankruptcy filings, but strangely, a Read More +

Tampa Chapter 13 Bankruptcy

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If you live in Tampa, and Chapter 13 Bankruptcy, is within your contemplation, the Bankruptcy Attorneys at Weller Legal Group may provide assistance. Since, 1993, Jay Weller and Weller Legal have been representing many in the Tampa community in all matters relating to Bankruptcy, including Chapter 13 Bankruptcy. In the United States, hundreds of thousands of persons and corporations, file for bankruptcy every year. The two most common forms of bankruptcy for Americans to file are Chapter 7 Bankruptcy and Chapter 13 Bankruptcy. Chapter 13 Read More +

Tampa Bankruptcy Attorney

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Are you looking for a bankruptcy attorney in the Tampa area? If you answered yes then look no further than Attorney Jay Weller. Mr. Weller founded Weller Legal Group in 1993. He and his team of attorneys have represented thousands upon thousands of clients in their bankruptcy cases. Jay Weller and his team are experienced and knowledgeable in Bankruptcy Law, including Chapter 7 Bankruptcy, Chapter 11 Bankruptcy, Chapter 12 Bankruptcy, and Chapter 13 Bankruptcy. In the United States, it is estimated that there will be 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 +