South Florida Bankruptcy Lawyer

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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South Carolina - Affinity Technology Group of Columbia has filed for Chapter 11 bankruptcy after posting record losses for the second quarter.  Net loss for the quarter was $514,000 nearly 30 thousand more than net losses for the second quarter in 2007.
The company has also filed a motion with the court requesting permission to move […]

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The number of mortgages in any portion of the foreclosure process jumped in the first three months of the year. Both the percentage of loans in foreclosure as well as the rate of foreclosure starts reached levels which hadn’t been seen since 1979, according to the Mortgage Bankers Association.
 Overall, 2.47% of all mortgages were in […]

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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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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 […]

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