Recent Changes in Bankruptcy Law

If the last time you looked at bankruptcy law was more than a few years ago, you might want to make sure that you know about the changes Congress enacted with the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005.
Some of the most important recent changes in bankruptcy law include the following:
Stricter Chapter 7 [...]

Five Signs You Need A Bankruptcy Attorney

If you’ve fallen into hard times financially and feel like you’re drowning in debt, you’ve probably considered bankruptcy as a solution. If you aren’t sure and don’t understand the complexities of the law, a bankruptcy attorney can explain the bankruptcy laws to you and help you throughout the process. Many people hesitate to pay a [...]

Wage Garnishment

Wage garnishment is upholding a part of your income  by your employer to repay your debt. Wages can be garnished by your employer only when there is a court order to garnish them for repayment of your debt.
Wage garnishment is a consequence of the debtor losing a debt case. This happens when you are unable [...]

Lies by debt collectors – Violations of the FDCPA

One of the biggest violations debt collectors commit during their aggressive debt collections is to lie over the phone. There are many lies that the debt collectors speak over the phone. They do not disclose their names while trying to collect from you. Sometimes they give you a false identities.
Under the Fair Debt Collection Practices [...]

Filing for Bankruptcy

It happens to many in the Orlando area where you may have had a great paying and reliable position at work and then the next week or so later the company makes cuts and you are one of them. After getting the information from the boss, you think to yourself, “why me, why is this [...]

title]The Perfect(almost) Asset Protection Trust[/title]

The problem with most asset protection strategies is the fact that the investor never really knows how safe the strategy will turn out. When the attorney drafts the asset protection plan, what is feared the most? An IRS attack. And we all know that an IRS attack can be as bad as a heart attack. [...]

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