by Ofer Shmucher | Jul 16, 2011 | Ask the Bankruptcy Attorney, Bankruptcy Process, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Uncategorized
Some of my clients have recently asked me if they can include their 401k loans into the bankruptcy. Typically clients dip into their 401k as a last resort, in an attempt to pay off debts they owe, but they fail to realize the consequences of doing so. Unfortunately... by Ofer Shmucher | Jul 14, 2011 | Ask the Bankruptcy Attorney, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Uncategorized
Clients come see me in my Miami or Fort Lauderdale bankruptcy offices and they easily qualify for Chapter 7 bankruptcy in Florida, however they have assets, and their assets are not going to be fully protected in a Chapter 7 filing. The clients don’t qualify for the... by Ofer Shmucher | Jun 17, 2011 | Ask the Bankruptcy Attorney, Bankruptcy Process, Client Bankruptcy Cases, Uncategorized
I tend to meet clients who have visited other bankruptcy attorneys so I typically ask them what they thought of the previous attorney. I was shocked to learn what some of my clients told me. So here is a compiled list of things to be on the lookout out for when... by Ofer Shmucher | Jun 16, 2011 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Uncategorized
If you have a judgment against you then one of the remedies your creditors can seek is to wage garnish you up to 25 (twenty five) percent every paycheck until the amount of the judgment plus interest and fees is paid back. If a wage garnishment order is granted... by Ofer Shmucher | May 10, 2011 | Ask the Bankruptcy Attorney, Bankruptcy Process, Florida Law, Uncategorized
I often get phone calls from people saying they need to file for bankruptcy but are unsure of which one. Sometimes they do a little research online and tell me they want to file a Chapter 7, Chapter 13, or even Chapter 11, however usually these people have mixed up...