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Bankruptcy Myth: Losing Your Assets & Possessions

Posted on : July 18, 2015, By:  D.C. Higginbotham
Bankruptcy-Lawyer

Many people mistakenly believe that if they file for bankruptcy, they will lose all of their possessions and assets, including their home, car, and savings. Fortunately, this is far from the truth. You can still file for bankruptcy and keep the property that is critical for your daily living — here’s how. What Are Property… Read More »

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Chapter 7 Bankruptcy — What is the Means Test?

Posted on : June 12, 2015, By:  D.C. Higginbotham
Bankruptcy-Lawyer

Being overwhelmed with bills and debt is frustrating, and it’s something that many families across the state of Florida are experiencing right now. Bankruptcy may be a viable solution to help you regain your financial footing, but there are a few different types of bankruptcy that can be filed. A chapter 7 bankruptcy can help… Read More »

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What Is a Mortgage Modification & Can It Help?

Posted on : May 11, 2015, By:  D.C. Higginbotham
Bankruptcy-Lawyer

If you’re having difficulty making your mortgage payments, you’re not alone. Many Florida residents experience financial hardships throughout their life, which makes it a challenge to meet all monetary obligations. A mortgage modification may be a viable solution in your situation. Here’s how to modify a Florida house mortgage. Who Is Eligible for a Mortgage… Read More »

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Will You Have to Pay Income Taxes on Your Debt?

Posted on : April 2, 2015, By:  D.C. Higginbotham

Filing for bankruptcy is frightening enough without having to worry about being required to pay income taxes on your debt. Here’s what you need to know about two situations that could potentially cause you to incur these types of penalties, and what you can do to avoid it. 1. Settling Your Debt With Creditors Many… Read More »

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