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Florida Bankruptcy Exemptions

Here in Florida, we have specific bankruptcy exemptions that must be applied to our filing and override federal rules if there is a discrepancy. The good news is that Florida exemptions are typically more generous than those offered under federal law.  If you are considering a Florida bankruptcy, here is the exemption information you need to know.

By |2022-03-09T17:33:47+00:00March 14th, 2022|bankruptcy|

What Are Tax Write-Offs?

One of the more confusing aspects of a personal tax return is determining what can be written off. Today, we'll examine the definition of a write-off and explore which expenses are legitimate and which are not. 

By |2022-03-09T17:22:04+00:00March 12th, 2022|bankruptcy|

What NOT to Do With Your Tax Refund

Those facing personal bankruptcy might be looking for any way possible to pay off their creditors. During tax season, the prospect of a tax refund represents the opportunity to alleviate yourself of debt with one lump sum. However, if you are expecting a tax refund, you want to ensure that your money is spent in a way that helps your situation and doesn’t jeopardize your filing. If you are expecting a tax refund, a bonus, or any other type of cash influx, this tips will help you to determine the best course of action.

By |2022-02-17T13:07:53+00:00February 26th, 2022|bankruptcy|

When to Refinance Your Home

One reason people file for bankruptcy is that they struggle to make their home mortgage payments. However, there are several strategies that a homeowner can employ to try to make their monthly bills more manageable before having to look to bankruptcy as an option. Refinancing a home mortgage is one such option. Here are some reasons a homeowner may consider a home refinance and how it will help avoid bankruptcy. 

By |2022-02-17T13:03:11+00:00February 23rd, 2022|bankruptcy|

Can You Afford a Car Loan?

Getting into financial distress doesn't happen overnight. A series of smaller events add up to the need to file for bankruptcy, so understanding your day-to-day expenditures is vital in staying on a safe financial path.

By |2022-02-17T12:56:03+00:00February 17th, 2022|bankruptcy|