Bankruptcy

How does personal bankruptcy affect your divorce?

How does personal bankruptcy affect your divorce?

Sometimes divorce can lead to bankruptcy. Sometimes bankruptcy can lead to divorce. While both of these are overwhelming to endure alone, going through a divorce and a bankruptcy at the same time can be extremely stressful, costly and cause unexpected delays. If you...

How do I check the balance due on a judgment?

Determining how much you owe on a judgment can be difficult. Maybe they garnished your bank account several years ago and you cannot remember how much they took. Maybe you made a few payments, but something else took priority. Now things are better and you want to...

Paying Family Members and Friends Prior to Filing Bankruptcy

“I paid my parents before filing bankruptcy.” Most attorneys would say it doesn’t matter. The attorneys zealously defend their clients to the exclusion of everyone else. Unfortunately, they become so focused on their clients they lose sight of everyone else. This kind...

The Benefits of Chapter 13 Bankruptcy: Restructuring Your Debt

Bankruptcy is intimidating both by its nature and how society has framed it. Most people assume it means destroying your credit score and forfeiting your prized assets, like your car and house, in exchange for debt elimination. While this is true in some cases, it is...

The Klein Advisor – October 2016

Throwing in the Towel – Sports Authority Filed for Bankruptcy Finally, football season is upon us! Getting hyped for Sunday’s game, you grab your lucky number 13, Dan Marino jersey (go Dolphins!) only to realize it’s probably time to retire that too. Unfortunately, a...

Bankruptcy And Stale Debts

A typical bankruptcy begins when someone files a petition. With some exceptions, the property belonging to that person will be used to pay creditors. In order for a creditor to receive payment it must file a proof of claim. If the proof of claim is inaccurate, then...

Social Security And Bankruptcy In Florida

“My parents didn’t want to move to Florida, but they turned sixty, and that’s the law” – Jerry Seinfeld Florida is well known for its warm weather, white sandy beaches, and, of course, retirees. One does not have to venture far to realize that people over the age of...

Taxes and Bankruptcy: Like Salt and Pepper

I would estimate that 50 percent of people who make an appointment with a bankruptcy attorney never show up. Why do you think this is? I have come to the conclusion that people think bankruptcy is scary so they just want to keep avoiding it. However, there is one...

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