Orlando, Florida Bankruptcy Law Blog

from the Attorneys of the Kramer Law Firm

Bankruptcy’s Forgotten Debt – Student Loans

Published on April 27, 2012 by Marisa R. Cochrane

Recently, President Obama made some speeches regarding student loan debt at various college campuses. At issue in many of his talks is that the current student loan interest rate for government backed loans will double from 3.4% this summer unless Congress takes action.

While a 3.4% interest rate is ...

Published in Uncategorized

Bank of America Sanctioned for Violating Automatic Stay

Published on April 18, 2012 by Marisa R. Cochrane

When individuals file for bankruptcy protection under Chapter 7, an automatic stay is put into place which prohibits creditors from pursuing litigation against the debtors and from contacting the debtors in attempts to collect debts. This protection continues after an Order of Discharge is put into place, since the ...

Published in Uncategorized

It’s Tax Season!

Published on April 12, 2012 by Marisa R. Cochrane

Tax season is an interesting time for people filing for Chapter 7 Bankruptcy, creditors, and bankruptcy trustees alike. Especially for individuals that are entitled to receiving a refund from the IRS. The tax refund is an asset just like the money in your bank account and the furniture in ...

Published in Uncategorized

Bankruptcy and Security Clearances

Published on February 21, 2012 by Marisa R. Cochrane

A question I have come across more regularly is whether or not someone will lose their security clearance if they file bankruptcy. People employed by the federal government, the military, or government contractors often have security clearances based on their access to confidential government information. The United States Air Force ...

Published in Uncategorized

Do Not Include Mortgage Payments on Surrendered Property to Qualify Under the Means Test

Published on November 18, 2011 by Marisa R. Cochrane

Homeowners no longer can included mortgage payments for properties they have surrendered in order to qualify under the Means Test. In a Chapter 7 bankruptcy, there is a limit to the income level an individual can have in order to qualify for this chapter of bankruptcy. If a ...

Published in Bankruptcy, Foreclosure and Real Estate

Change in Income Can Make Bankruptcy Filing More Troublesome

Published on November 11, 2011 by Marisa R. Cochrane

A change in monthly income can sometimes make bankruptcy filing more difficult. In a Chapter 7 bankruptcy, the bankruptcy court looks back to the past six months and asks for the total monthly gross income for each month. In some months, you may make more in other months. Why ...

Published in Bankruptcy, Finances and Financial

City in Trouble? File Bankruptcy

Published on October 21, 2011 by Marisa R. Cochrane

The city of Harrisburg, PA, recently filed for a Chapter 9 bankruptcy. PA Governor Tom Corbett then signed new legislation that allows for a takeover of Harrisburg, which would allow the governor to declare a state of fiscal emergency which would hopefully lead to a recovery ...

Published in Bankruptcy

Bankruptcy Filings in Middle District of Florida Down

Published on October 13, 2011 by Marisa R. Cochrane

The U.S. Bankruptcy Court Middle District of Florida recently reported that filings from January to August 2011 are down 16% from 2010's annual rate. However, despite this decrease, the Middle District is still one of the most active in all of the United States for bankruptcy filings.

From ...

Published in Bankruptcy, Foreclosure and Real Estate

12 3 4 5 6 7 »

Orlando, Florida Bankruptcy Law Blog

from the Attorneys of the Kramer Law Firm

Bankruptcy’s Forgotten Debt – Student Loans

Bank of America Sanctioned for Violating Automatic Stay

It’s Tax Season!

Bankruptcy and Security Clearances

Do Not Include Mortgage Payments on Surrendered Property to Qualify Under the Means Test

Change in Income Can Make Bankruptcy Filing More Troublesome

City in Trouble? File Bankruptcy

Bankruptcy Filings in Middle District of Florida Down

Posts by Category

Subscribe to Posts and Pages by Email

Free Consultation Form