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December 2015 Archives

Student loan, credit card debt part of Chapter 13 bankruptcy

Chapter 13 bankruptcy offers an excellent option for those who wish to gradually eliminate their debts. Known as reorganization bankruptcy, approved Chapter 13 bankruptcy filings will involve plans for debtors to pay off their eligible debts. For some Florida debtors, this may include student loan debt and credit card debt.

Attorney counsels Florida business owners on bankruptcy options

A Florida business owner may pride himself on his expertise in his particular field. Whether he is a chef and restaurant owner with a knack for creating delicious dishes, a farmer or a fishing boat captain, every business owner possesses knowledge about his particular business.

Children's technology company files for Chapter 11 protection

Children are increasingly tech savvy. Adept at navigating smart phones and tablets, some parents may be amazed by how quickly children catch on to new technology. Florida parents may be interested to learn that a technology company that produces products specifically for children has recently filed for bankruptcy protection, despite the popularity of their products.

Bankruptcy courts offer unique framework for debt relief

Bankruptcy courts differ in their scope and operation from traditional courts that oversee criminal and civil matters. Federal bankruptcy courts offer unique opportunities for both individual debtors and businesses to begin again in the financial sense when they are faced with overwhelming debt.

Can a small business file for Chapter 11 bankruptcy?

Business owners in Florida with significant debt may want to learn more about filing for a Chapter 11 bankruptcy. Large corporations commonly choose Chapter 11 bankruptcy as an option for business reorganization, but this form of bankruptcy is also available for small businesses, which are those with fewer than 500 employees.