South Florida Bankruptcy Lawyer

by Bankruptcy Attorney Eric Klein

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Entries from May 2008

Renters Suffering from Foreclosure Crisis

May 23rd, 2008 · No Comments

More and more throughout Florida and the rest of the country, renters are being evicted with little to no notice after the house or condo they’re renting has been foreclosed.
Fortunately, there are legal options for renters if this happens. If a landlord fails to pay his or her mortgage, the renter has the ability to […]

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Judge Says Bankruptcy Reform Incompatible with Economy

May 14th, 2008 · No Comments

A bankruptcy judge has stated publicly that the bankruptcy reforms that were put in place in 2005 are not suited to handle the fallout from the subprime mortgage crisis. 
The amendments to the bankruptcy code were passed during an economic situation that is dramatically different from the current climate. The bankruptcy judge, who sits on a court […]

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Consumer Bankruptcy Fillings Increase, Again

May 2nd, 2008 · No Comments

For April 2008, the number of consumer bankruptcy filings went up 47.7% over April 2007’s filings.
The increase in filings is due in part to people attempting to cope with fallout from the subprime mortgage crisis. The 92,291 bankruptcy filings in April also was a 7% increase over the number from March.
The American Bankruptcy Institute expects there […]

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