South Florida Bankruptcy Lawyer

by Bankruptcy Attorney Eric Klein

South Florida Bankruptcy Lawyer header image 1

Entries from April 2008

Changes Possible to Consumer Bankruptcy

April 23rd, 2008 · No Comments

Despite the defeat of a bill in the U.S. Senate that would change consumer bankruptcy laws and allow individuals facing bankruptcy to avoid foreclosure, numerous consumer advocacy groups have continued to press members of the House of Representatives for a bill that favors consumers.
The current push for changes came on the eve of a mark-up [...]

[Read more →]

Tags: Uncategorized

Consumer Bankruptcy Filings Increased

April 8th, 2008 · No Comments

Statistics show that the number of consumer bankruptcy filings has increased 27%  in the first quarter of 2008 when compared to the first quarter of 2007. This is according to the American Bankruptcy Institute.
According to a representative from the ABI, bankruptcy filings are on the rise due to increasing mortgage problems and the burden of [...]

[Read more →]

Tags: Boca Raton Bankruptcy Attorney · Boca Raton Chapter 7 Bankruptcy Lawyer

Bankruptcy Courts Offer Little Help to People with Mortgage Issues

April 8th, 2008 · No Comments

Currently, individuals faced with mortgage problems can expect very little help from bankruptcy courts. All of that could change if Congress can manage to scrape together enough votes to change the bankruptcy laws and then over-ride an indicated veto.
The changes currently being debated would allow bankruptcy courts to restructure mortgages in an effort to help [...]

[Read more →]

Tags: Boca Raton Bankruptcy Attorney

Real Estate Bankruptcy Filings Double

April 7th, 2008 · No Comments

From October 2006 to early April 2007, 12 real estate companies filed for bankruptcy. From October 2007 to early April 2008, 24 filed.  These filings were all in the Central District of Florida.
The increase in the number of bankruptcy filings is a direct reflection of the ongoing housing slump and the general deterioration in the [...]

[Read more →]

Tags: Boca Raton Bankruptcy Attorney