Money problems can keep us up at night. It's a stress that many of us face at some point in our lives. I wrote about another source of stress, divorce, a few weeks ago. Financial stresses can be more difficult to deal with than any other type of stress in life because there may not be one solution to the problem. MarketWatch recently reported that 65% of Americans lose sleep over money worries. That's even higher than when the economy began to tank in 2007 (57%). The fact is while stocks … [Read more...]
Bankruptcy and Holiday Shopping
Now that Black Friday is a foggy memory and Cyber Monday is soon over, it's a good time to talk about bankruptcy and its relationship to the holidays. Every year, I file more bankruptcy petitions in federal court in Tampa during the month of January than any other time of the year. Once the holidays are over and the hustle and bustle of Thanksgiving, Christmas, and New Year's have passed, most people are faced with their credit card bills in January. For many, the arrival of credit card … [Read more...]
5 Things To Do in Bankruptcy
Bankruptcy can be a difficult decision for most of us. There are financial and emotional factors to be considered and resolved before taking the plunge. Many people considering bankruptcy face unwelcome emotions of failure and despair. They may even be ridden with guilt. These emotional issues should be confronted and resolved before embarking on the course of bankruptcy. Once the decision is made however, there are certain things you should put on your "bankruptcy To Do list". In this … [Read more...]
Bankruptcy, Chapter 7 or Chapter 13 What’s the Difference?
Bankruptcy is governed by federal law and all bankruptcy proceedings are heard in federal court. In our area, the bankruptcy court is located in Tampa. In most instances, bankruptcy for individuals will usually mean filing a chapter 7 or a chapter 13 bankruptcy. Essentially, there are some basic differences between the two and I can help you choose which is appropriate for your particular financial situation. While bankruptcy is complex, there are some fundamental differences between … [Read more...]
