Filing for bankruptcy can be one of the toughest decisions of your life. Bankruptcy is not to be taken lightly. There are lasting effects on your ability to borrow money, establish creditworthiness or get a credit card. Bankruptcy will continue to negatively affect your credit score for many years. However, sometimes bankruptcy cannot be avoided. Find the basics of the process, whether you qualify, steps to filing without an attorney and where to get proper help.
When you are at the point where you can no longer pay your mortgage, keep up with credit card payments or even feed your family, bankruptcy may be the right option for you. Bankruptcy is a legal process and there are certain procedures that you must follow. Find current 2014 information at the U.S. courts website.
Do you feel that you have no other option than declaring bankruptcy, but you are not sure where to turn for answers or you do not know to start the process? The NOLO website can help you find answers. They have a dedicated page with answers to every question that you might have about the bankruptcy process.
In the U.S, every state has its own laws and rules concerning bankruptcy. Florida residents can find a great deal of information about the basics of bankruptcy at www.floridabar.com. Find up to date and accurate legal information about bankruptcy including how to decide if bankruptcy is the right decision for your situation and other options that may be available.
South Florida Bankruptcy Court
If you live in a South Florida county and are considering bankruptcy, there is a dedicated website for you at www.flsb.uscourts.gov That site is a government website that has bankruptcy information specific to the laws and courts for residents of South Florida. Get bankruptcy information for Palm Beach, Broward and Miami-Dade Counties.
Find out if you are you eligible in Broward County
In 2013, the bankruptcy laws changed eligibility requirements in the State of Florida. The law imposed a new income test to determine if you qualify and also started to include mandatory credit counseling as a part of the process. Florida residents can take the test to determine if they are eligible.
Free Help in Broward
Filing for bankruptcy is a legal process which can be difficult for the lay person to understand. Since filing for bankruptcy means that you cannot pay your bills, there is a good chance that you do not have the money to pay for a lawyer. If you have questions and need Free Help, try www.probono.net.
Seven or Eleven
Are you researching the bankruptcy process and are confused about the different ways that you are allowed to file. Get an overview of the two different types of filings for individuals and which one would be best for your situation. Get answers to hundreds of bankruptcy questions at legal zoom.
Long Term Effects
Filing for bankruptcy can have long term consequences for you and your family. A bankruptcy can keep you from obtaining loans and credit cards for many years. Find out how long a bankruptcy will stay on your record and what affect it will have on your credit and credit score.
Although an individual can file for bankruptcy without the help of an attorney it is recommended that you consult one prior to filing. Bankruptcy is a legal process and can be difficult to complete successfully. There are numerous forms and deadlines that must be met. Find a list of Florida attorney's that specialize in this type of law.
Filing for bankruptcy may be one of the hardest decisions that you will ever make. You probably have numerous questions about the process: differences between filing chapters seven and eleven, paperwork and forms needed, how it will affect you credit, if will you be able to save your home and property and likely many more. Get specific answers to all your bankruptcy questions. Read More
Also See: Credit After Bankruptcy