The Southern District Division of the Florida Bankruptcy Court, including the counties of Monroe, Miami-Dade, Broward, and Palm Beach County, now allows for loss mitigation options to be negotiated through the bankruptcy court system including the modification of mortgages as of April 1, 2013. The purpose of the LMM program in the bankruptcy [...]
One of the most common subjects of conversation in my office revolves around a discussion of what to do with the property of a client who has promised to make mortgage payments to a bank but has fallen behind on these payments. Most often the scenario involves a principal residence or investment home [...]
Most people cringe at the sight of a summons and complaint delivered by a sheriff or a process server. Please do not kill the messenger, you are being sued by someone and these folks are just doing their job and that is why they need to find you. Most process servers will try [...]
In my experience, most people in South Florida who seek advice regarding their debt and bankruptcy options want to pay some or all of their debt outside of bankruptcy if the creditors would give them a viable way of paying for that debt. Many times it is obvious that if only the creditor [...]
One of the main things to take into account before deciding to file for bankruptcy protection from creditors is to know if a prospective client may lose assets or property in the process. It is the duty of a bankruptcy attorney to discuss any remote possibility that their client's property or assets may [...]
Bankruptcy law frowns upon certain actions taken by the individual's filing within a period of time before the bankruptcy filing. Bankruptcy filers must file their cases in good faith, disclose all assets and income, and disclose all financial actions taken before the bankruptcy. Certain actions taken by bankruptcy debtors before the filing, may [...]
Garnishment can be a nightmare. Without much warning, you can wake up to find your account overdrawn or part of your wages missing from your paycheck. A garnishment is a way for a creditor to receive repayment for a debt that you owe. If you have debt, it is important to know who [...]
What comes after HAMP? The Making Home Affordable Program (or HAMP as it is also known) created under the Obama presidency ended on December 31, 2016. Many of our clients have been asking for information on other loan modification programs that may be available. We are pleased to inform you about the "Flex [...]
It's tax season again! Most individuals usually plan what they're going to do with their refund long before it hits their bank account. They plan to catch up on bills, put a down payment for a car, or take a much needed vacation with their family. However, did you know that the tax [...]
People who file bankruptcy want to know what happens to their residential lease when they file their bankruptcy case. Folks want to know if the bankruptcy filing will affect their lease payments and security deposit on the premises. The response to this question most often depends on what the debtor wants to do [...]
