Florida Law Protects Mobile Homes from Judgment Creditors Short Answer: Yes Long Answer: Yes, and it is still permissible to also claim the wildcard exemption in bankruptcy if the mobile home sits on a lot rented and not owned by the homeowner. Some explanation now: Under the Florida homestead exemption, a homeowner may exempt 100% [...]
What Happens To My Unemployment Benefits If I File For Bankruptcy?
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Times are tough in Michigan and the sole source of income for some people are unemployment benefits. However, unemployment benefits can only be stretched so far. Often times they are insufficient to cover the basic living expenses and with mounting bills such as credit cards, mortgage payments, and other financial responsibilities, bankruptcy becomes a reality. [...]
San Diego Attorney Margaret Mann appointed as new Bankruptcy Judge in San Diego
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As reported on the BK Ct Web page: http://www.casb.uscourts.gov/html/bulletinbd.htm N E W S R E L E A S E December 15, 2009 Contact: Katherine Monterola, (415) 355-8800 Court of Appeals Appoints New Bankruptcy Judge for Southern District of California SAN FRANCISCO — Chief Judge Alex Kozinski of the United States Court of Appeals for [...]
Am I Too Old To File For Bankruptcy ? Can I Protect My Retirement Savings ?
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We are seeing more and more older folks in the office that are struggling with paying their bills and making ends meet, especially those on a fixed income. As expenses increase, monthly retirement payments, including social security, do not increase. That is a recipe for disaster. There is no upper age limit on filing for [...]
Decided To File For Bankruptcy? Don’t Use Your Credit Cards
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As a bankruptcy attorney, perhaps the number one problem I see clients facing is credit card debt. The combination of large balances, high interest rates and exotic late fees has pushed many families to the brink of bankruptcy. There is an obvious correlation between unemployment and problems with credit cards. More and more unemployed Americans are forced [...]
What is a bankruptcy discharge and how often am I eligible to receive one?
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By Order of the Bankruptcy Court, the Discharge Legally Eliminates Your Debts A discharge in bankruptcy “wipes the slate clean” by legally relieving the debtor off all obligation to pay certain debts. Remember that if you wish to retain property like a car or home, payments must be made after bankruptcy. The bankruptcy discharge is most [...]
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