Boca Raton bankruptcy attorneys with extensive knowledge in bankruptcy law. Blog topics range from bankruptcy, aviation, insurance law and more.

June 22, 2017
homestead houses foreclosure

Are homesteaded houses protected in bankruptcy?

Our Professional Answer: Under Florida law, Homestead Exemption that’s applied to your house, gives you relief from any creditors attempting to attach your house. What that means in bankruptcy is that your home is completely protected […]
June 22, 2017

What is a payment plan in bankruptcy?

Our Professional Answer: Typically when you discuss a payment plan in bankruptcy, you’re referring to the payments that you make in a reorganizing bankruptcy like chapter 13 or chapter 11. In both those chapters, you’re going […]
June 22, 2017

What is the role of an attorney in a bankruptcy?

Our Professional Answer When you hire an attorney to help you go through a bankruptcy chapter, the attorney’s role is to guide you from the very first moment, you engage in the bankruptcy process. To represent […]
June 22, 2017

What is the means test in bankruptcy?

Our Professional Answer In order to qualify for a Chapter 7 bankruptcy which I like to term The Gold Plan where you discharge a 100 % of your debts and typically you keep all of your […]
June 22, 2017

When will I be discharged from bankruptcy?

Our Professional Answer After you file a bankruptcy, the process is usually very predictable. If you file a Chapter 7, there is a 341 meeting with creditors with the trustee about a month later. Typically, within […]
June 22, 2017

Will bankruptcy stop a judgment?

  Our Professional Answer A bankruptcy will keep a creditor who has not received a judgment from getting one. That will be like any others in your bankruptcy. If a creditor has received a judgment, but […]
June 22, 2017

Will bankruptcy remove a lien?

Our Professional Answer: Bankruptcy does not typically remove a lien, unless that lien has been recently filed. Typically, within 90 days of the bankruptcy filing itself. In which case, we will have to file what is […]
June 21, 2017

Will bankruptcy stop wage garnishments?

Our Professional Answer Bankruptcy will stop 100% of wage garnishments. Where there’s a wage garnishment, we’re going to have to let the people that are garnishing your wages to know about it. There’s no question that […]
June 21, 2017

Will I lose my assets if I file for Chapter 7?

Our Professional Answer Bankruptcy is a very powerful tool. A Chapter 7 bankruptcy requires that you list all of your assets and you must be completely forthright. Doing so, allows us to properly exempt everything that […]