As of July 1, 2024, the motor vehicle exemption amount in Florida bankruptcy cases was raised from $1,000.00 to $5,000.00. This is thanks to SB158 which was signed into law by Governor Ron DeSantis on April 26, 2024. What does this mean for the average individual or couple considering filing for bankruptcy? This change in [...]
ACTION BY CREDITOR: SEND YOU A LETTER Did you receive a letter threatening to sue from PORTFOLIO RECOVERY ASSOCIATES LLC (PRA)? Or worse -did you get served with a lawsuit already? You have a limited amount of time to take action. The Law Office of Alberto H. Hernandez can help you resolve this debt! PORTFOLIO [...]
If you have outstanding debt which is currently in collections, you may see an increase in text messages and emails more often in 2021. The CFPB released an update that debt collectors will be able to use these methods in addition to traditional collection calls to collect on a debt. According to the rule, you [...]
When a lawsuit is filed against you by a credit card company or collection agency for a past due debt, there is a limited amount of time to act or a judgment can be filed against you. Once it is filed, the judgment is valid in the state of Florida for 20 years. Judgments may [...]
ACTION BY CREDITOR: SEND YOU A LETTER Did you receive a letter threatening to sue from MIDLAND CREDIT MANAGEMENT LLC (MCM)? Or worse -did you get served with a lawsuit already? You have a limited amount of time to take action. The Law Office of Alberto H. Hernandez can help you resolve this debt! MIDLAND [...]
Miami Dade County has partnered with the United Way of Miami-Dade and created the Miami-Dade Pandemic Assistance Program to help families affected financially by Covid-19. The county has allocated $20 million from CARES Act relief funds for this program to be distributed to qualifying residents living in Miami-Dade County. As a law firm focused on [...]
Many people considering bankruptcy ask me whether they will lose their car at the time of filing bankruptcy. This question is fueled by either misinformation or lack of knowledge. After all, I am a bankruptcy attorney and I am happy to answer the question once I have more information. The answer depends on the particular [...]
Any attorney that is licensed in Florida in good standing may attempt to file a bankruptcy case for a client in South Florida. However, it is important for the consumer to know that the attorney that files bankruptcy cases in Miami, Broward or Palm Beach has court-imposed qualifications to do so. According to the Local [...]
A sudden and terrible financial emergency creates a delicate situation where common people subliminally entertain whether filing bankruptcy is a good option to get under the problem. Most people who have money reserves or have a job do not usually perceive bankruptcy as a best option since the emergency may be usually withstood with some [...]
As a bankruptcy attorney in Miami one of the most frequent objections to a recommendation of a bankruptcy is that neighbors may find out about the bankruptcy filing. The general and unsupported historical stigma of bankruptcy carries lots of weight in this day and age where it seems a keystroke of the computer may reveal [...]
