Bankruptcy is a term used to describe a situation where a person or business can no longer pay their debts. Bankruptcy is filed under 3 main types of bankruptcy; Chapter 7, Chapter 11 and Chapter 13. The bankruptcy laws are used to help a person or business liquidate assets and pay off creditors or enable […]
Widerman Malek Law Blog
How to file bankruptcy in Florida
In the most unfortunate event that you have to file for bankruptcy, it would be wise to know in advance what you would be getting into. As of 2005 the rules governing this circumstance have changed and what is required now is: a) Credit Counseling and financial management. All individuals that need to file for […]
