South Florida Bankruptcy Lawyer

In 2005, new laws were passed to reduce the number of bankruptcies filed. The institution of a means test was meant to make it more difficult to qualify for Chapter 7 bankruptcy, and reduce bankruptcy abuse.
Three years after these laws were instated, bankruptcy filings are approaching one million in one year. Next year it is […]

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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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Senators in Congress are considering the future of the credit industry.  Democrat from Florida, Al Franken, has proposed a number of different changes that would protect consumers from predatory lenders.   He feels that Congress has failed to help those households that have been duped into accepting outrageous credit terms.
His charges have caused fervent […]

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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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