South Florida Bankruptcy Lawyer

Hawaiian souvenir company Hilo Hattie recently filed for bankruptcy under Chapter 11. The company is not, however, shutting down. According to their Chief Executive, “We’re not closing. We’re staying in business. We see this as a fresh start.”
This filing comes only five months after Hilo Hattie was bought out by TOC Inc. Luckily, none of […]

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There is a proposed change in federal bankruptcy law that could end up preventing about 600,000 foreclosures across the United States. If passed, this bill would allow bankruptcy judges to lower mortgage debt.
There are people arguing against this bill, saying that this could increase the risk for lenders, thereby increasing the cost of credit. These […]

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With the Lehman Brothers Holdings’ Chapter 11 bankruptcy filing, this year’s total corporate Chapter 11 and Chapter 7 bankruptcy filings has exceeded that of 2008 with three months left in the year. 2007 saw 78 corporations file for bankruptcy, while 2008 is already at 81.
As for assets, 2008 is passed the amount from 2007 even […]

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Recent Studies have shown that the leading cause of Bankruptcy is medical debt from chronic illness.  A university research team interviewed a number of individuals who were part of the 1.45 million people who filed for bankruptcy earlier in the decade. 
In these in-depth interviews, half of the families cited medical issues as […]

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Residents of Monroe Country are a bit nervous now due to the fact that crucial information about individuals who filed for bankruptcy years ago is available on the internet.  Social Security numbers of these individuals were listed on the U.S. Bankruptcy Court documents filed with the clerk’s office between 2000 and 2003. 
Police authorities […]

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