You’re starting to see the debt settlement commercials everywhere again. Did you know that the main funders of those companies are the creditors themselves? The truth is that credit card companies do not want you to file bankruptcy because the bankruptcy laws are fair but offer them no leverage. The bankruptcy code decides what they get, if anything, and givers you power over what they get. In a debt settlement, they get to decide if they will participate and they get to decide how much they want to settle the debt. Take it or leave it. In Chapter 13 bankrutpcy, the [read more]

Most people know something about Chapter 7 bankruptcy as it’s usually the chapter they go to talk to an attorney about. After meeting with a Fort Lauderdale bankruptcy attorney, however, they are usually surprised to hear that Chapter 13 is the better chapter to file under for their particular situation. Several considerations could ultimately determine whether Chapter 13 is the best solution for your financial problems. An experienced bankruptcy attorney will be able to help you decide which chapter is best for you.

Sometimes there is no choice in the matter because you don’t qualify for a Chapter 7. To file a chapter [read more]