In the United States 43 million people are burdened by student loan debt that totals more than 1.5 trillion dollars. In Florida 2.4 million Floridians carry school debt totaling … [Read more...]
Bankruptcy and Passports
Pursuant to a law passed by Congress in 2015 Americans can not obtain or renew a passport if they owe taxes in excess of $ 51,000.00. The State Department is currently denying … [Read more...]
How Many Times Can A Person File Bankruptcy?
Many clients ask us whether they can file a second, or a third bankruptcy. The answer is based upon various sections of the Bankruptcy Code. A Chapter 7 Debtor is entitled to a … [Read more...]
Debt Hitting All Time Highs
Credit card debt owed by American consumers hit an all-time high of 1.02 trillion dollars in November of 2017. Total household debt, which also includes car loans, mortgages, and … [Read more...]
Can A Bankruptcy Debtor Keep Assets That Are Subject To A Bank’s Lien?
Most bankruptcy debtors have home mortgages and motor vehicle loans. These debtors have pledged their homes, and their cars, as collateral for the loans. Under the United States … [Read more...]
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