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 [...]
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 [...]
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 [...]
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 [...]
The United States Supreme Court ruled unanimously on Monday, June 1 that you can no longer eliminate a second mortgage debt in a Chapter 7 bankruptcy case with a motion to value the property that is being mortgaged. This decision changes what has been previously been bankruptcy law in Florida. Now, Florida bankruptcy law [...]
Filing for Chapter 7 Bankruptcy is often not an easy decision to make. When you are overwhelmed with credit card debt and medical bill debt and you want to stop debt collector calls, a chapter 7 bankruptcy may be a good solution. When you make an appointment to meet with a Miami Bankruptcy Attorney, you may have [...]
Filing for Chapter 7 Bankruptcy is often not an easy decision to make. When you are overwhelmed with credit card debt and medical bill debt and you want to stop debt collector calls, a chapter 7 bankruptcy may be a good solution. When you make an appointment to meet with a Miami Bankruptcy Attorney, you may [...]
The phone calls from collection agencies start promptly at 8:00 am. They call you multiple times during the day; on your cell, at work, and at home. They leave you messages ranging from the simplistic automated calls that say "please call us back for an important message" to the intimidating messages demanding payment. [...]
While in the process of a Chapter 7 Bankruptcy, you are likely to be asked to sign a reaffirmation agreement for a specific debt. A reaffirmation agreement is a contract signed by you and a creditor to essentially keep a debt active, despite your bankruptcy filing. The first question you may be asking [...]
