by Ofer Shmucher | Aug 29, 2011 | Ask the Bankruptcy Attorney, Florida Law, Uncategorized
With the increase in the number of houses that are foreclosed on in Florida, more clients are being sued for a deficiency. A deficiency is basically the difference between what you owed on the house and what the bank sells it for when it is sold at a foreclosure... by Ofer Shmucher | Aug 17, 2011 | Ask the Bankruptcy Attorney, Client Bankruptcy Cases, Florida Law, Uncategorized
Clients always ask me the following question “Can I go max out my credit cards and then come back and file for bankruptcy?” The answer to that question is NO and it could lead to severe consequences including having the credit card companies sue you while you are in... by Ofer Shmucher | Aug 15, 2011 | Client Bankruptcy Cases, Florida Law, Uncategorized
Clients that come see me tend to have one or two credit cards that they are current on. These credit cards are typically low balance cards just for an emergency. The client will usually ask me if they can keep these low balance credit cards after filing for... by Ofer Shmucher | Jul 8, 2011 | Ask the Bankruptcy Attorney, Bankruptcy Process, Chapter 7 Bankruptcy, Florida Law, Uncategorized
When my clients come see me, the first thing they ask is what is the timeline if I file for Chapter 7 bankruptcy in Florida. Below is a rough timeline for individuals who file for Chapter 7 bankruptcy using my firms services. 1. Schedule an appointment with... by Ofer Shmucher | Jun 30, 2011 | Ask the Bankruptcy Attorney, Bankruptcy Process, Uncategorized
When you file for bankruptcy you need to list all of your debts and all of your assets. Your debts will include mortgages, car notes, credit cards, medical bills, etc. A question that I routinely get is whether or not a debtor can include debt from a repossessed car...
