Credit Card Payments During Coronavirus Pandemic

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 +

Planning Bankruptcy Filing During Coronavirus Pandemic

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

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?

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 +

When Are My Debts No Longer Collectible?

Laws regarding time-barred debts, a debt that is past its legal time window of collection, vary from state to state. This “time window” in which collectors must initiate a lawsuit is formally known as the Statute of Limitations. The Statute of Limitations applies to all types of lawsuits, not just those between debtors and creditors. Anytime someone wants to file a claim, whether it’s regarding a car accident, personal injury, workers’ compensation, product liability, etc. there is an amount of time from the event in Read More +

Coronavirus And The Impending Small Business Bankruptcies

As the coronavirus spreads rapidly across the world, the Chinese and other country’s supply chain problems are not the only problem anymore. The CDC (Centers for Disease Control and Prevention) has asked for the suspension of the gathering of ten or more people in one place. Various stores, bars, and restaurants in the U.S. and other countries are closed for business. There may be a curfew in place shortly with other social distancing measures being enforced to slow down the spread of the virus. Some Read More +

Worried About Income Tax Debt?

Look no further. At Weller Legal Group, we are fully equipped to help with your questions regarding the IRS. Constantly receiving mail and phone calls from the United States Treasury can seem threatening and feel unending. Weller Legal Group considers it our privilege to help you understand your options when it comes to your unique tax information. Understanding the Basics Q: If I file for bankruptcy, could I wipe out that money that I owe to the IRS? A: Yes! There are just a few Read More +

Effect Of Coronavirus On Americans And Bankruptcy

The coronavirus spreading in China has got the financial markets across the world rattled. But the experiences before such outbreaks indicate that the financial markets bounce back pretty quickly. The coronavirus treatment is likely to set back more than half the American households that have $4500 or less in saving. Medical and Insurance Related Effects of Coronavirus on Americans The coronavirus epidemic is putting the average American’s financial and physical health under pressure. The death rate of the virus is progressively getting lower as the Read More +

Reasons To File Bankruptcy And Prior Considerations

To file bankruptcy is an extreme measure. However, this action used in the right way and at the right time can save a lot of money for you and preserve your peace of mind. It also helps you get back on your feet economically. But filing bankruptcy can also be time-consuming and expensive and have an impact on your credit score. It can also have far-reaching effects on other areas of your life. Buying a new car can become difficult while getting a new home Read More +

Town N Country Florida Bankruptcy Attorney

Those looking for a reputable Bankruptcy Attorney in the area of Town N Country, in Tampa, Florida, need look no farther. Weller Legal Group has been representing Debtors, and only Debtors, in Bankruptcy Proceedings since its founding in 1993. Jay Weller and Weller Legal Group have represented many thousands of Clients in Bankruptcy matters, including Chapter 13 Bankruptcy and Chapter 7 Bankruptcy. Bankruptcy may provide some advantages to a Debtor including the stoppage of Foreclosures, Wage Garnishments, Lawsuits, and Repossessions. Chapter 13 Bankruptcy may stop Read More +