by Ofer Shmucher | Sep 22, 2011 | Ask the Bankruptcy Attorney, Bankruptcy Process, Uncategorized, US Bankruptcy Law
If you are in a situation where you are looking to file for bankruptcy then you probably were going through some difficult times when you needed money. The first place any person looks to get money is from family members. Debtors routinely borrow money from family... by Ofer Shmucher | Jul 7, 2011 | Client Bankruptcy Cases, Florida Law, US Bankruptcy Law
One of the biggest mistakes a debtor can do, before filing for bankruptcy, is to repay debts owed to the debtors’ relatives or friends. When a debtor files for bankruptcy a trustee is appointed in the case. The trustee’s job is similar to that of a referee, whereby... by Ofer Shmucher | Jun 28, 2011 | Ask the Bankruptcy Attorney, Bankruptcy Process, Florida Law, Uncategorized
One of the biggest fears, for anyone is thinking of filing for bankruptcy, is that they have go to court. They are expecting someone to yell at them or give them a hard time for filing for bankruptcy, likely that is not the case. Most of the time your court hearing... by Ofer Shmucher | Dec 1, 2010 | Ask the Bankruptcy Attorney, Uncategorized
I hear stories from my clients telling me that one day they had $2,000 in their bank account and the next day it was all gone. They always ask me if it is legal for the bank to do this, and most of the time the answer is yes. If you owe the bank some money (i.e .you... by Ofer Shmucher | Nov 22, 2010 | Bankruptcy Process, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy
If you have had a judgment against you then the judgment creditor may be able to freeze your bank account to collect on the money you owe them. A creditor may be able to freeze your account up to two times the amount that you owe them. Once your account is frozen...