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 | Apr 14, 2011 | Ask the Bankruptcy Attorney, Bankruptcy Process, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Uncategorized
When a debtor files for Chapter 7 bankruptcy in Florida they are allowed to exempt certain assets. Exemptions are protections used on assets, that protect/prohibit the bankruptcy court from taking away the assets from you. Here is a quick breakdown on exemptions... by Ofer Shmucher | Feb 27, 2011 | Ask the Bankruptcy Attorney, Bankruptcy Process, Uncategorized
When you file for bankruptcy you automatically get appointed a trustee in your case. You also automatically have a court date scheduled for a meeting of the creditors (341 meeting). At the meeting of the creditors your appointed trustee will be asking you certain... by Ofer Shmucher | Feb 19, 2011 | Bankruptcy Process, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Uncategorized
The filing of a Chapter 13 bankruptcy, in Florida, requires the debtor(s) to create a three to five year repayment plan to pay off a portion of their debts. You may wonder, why would I want to do a chapter 13 bankruptcy and make monthly payments when I can just file...
