by Ofer Shmucher | Jan 3, 2011 | Ask the Bankruptcy Attorney, Bankruptcy Process, Florida Law, Uncategorized
Tax season is probably the favorite season for bankruptcy trustees because they tend to make the most money during this four month period. How do they make a lot of money ? – Well, your tax returns are ASSETS and in some cases the bankruptcy trustee is entitled to... by Ofer Shmucher | Dec 29, 2010 | Ask the Bankruptcy Attorney, Bankruptcy Process, Chapter 7 Bankruptcy, Florida Law
When you are a homeowner you become aware of other payments that you must make besides just the mortgage payment. These payments can include homeowner associations/monthly maintenance charges, property taxes or property insurance. Sometimes these payments are built... by Ofer Shmucher | Dec 24, 2010 | Ask the Bankruptcy Attorney, Uncategorized
When you file for bankruptcy you need to list all of your assets and their values. For some assets it’s fairly simple to determine their worth however it gets difficult for others. Here are the most common assets and means to determine their worth: Home – For your... by Ofer Shmucher | Dec 14, 2010 | Uncategorized
I hear this question at least twice a week. A client will come into the office and say I have a foreclosure sale in one week, if I file for bankruptcy before the sale, how long will I be able to remain in the home? Unfortunately there is no exact answer to this... by Ofer Shmucher | Nov 19, 2010 | Chapter 7 Bankruptcy, Uncategorized, US Bankruptcy Law
When filing for a Chapter 7 bankruptcy in Florida the first think that an attorney looks at is the debtors income. There are two ways to qualify for a Chapter 7, first the debtor must be under the median income (auto qualify), if the debtor is over the median income...