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A Guide to Finding a Good Bankruptcy Lawyer in Miami

Declaring bankruptcy is a legal process that you can choose if you cannot manage your debts with alternative financial solutions. It may be the best way for you to reduce or eliminate your debts, safeguard your home from foreclosure, and fend off bill collectors. However, you should understand that declaring bankruptcy carries substantial financial consequences.

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How does my personal bankruptcy affect my small business?

Filing for personal bankruptcy can have an impact on your small business, especially if you operate it as a sole proprietorship. Here are some ways in which your personal bankruptcy can affect your small business: Chapter 7 vs Chapter 13 Bankrupcty The type of personal bankruptcy you file, i.e., Chapter 7 bankruptcy or Chapter 13

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Miami Bankruptcy Lawyer

Do I need an attorney to file for bankruptcy?

Although you do not need an attorney to file for bankruptcy in Miami, Florida, it is highly recommended that you seek the advice of an experienced Miami Bankruptcy attorney. What is a bankruptcy attorney? A bankruptcy attorney is a lawyer who specializes in federal bankruptcy law and the underlying state law, and provides legal services

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Chapter 11 Bankruptcy

The bankruptcy case for small businesses is referred to as a “Subchapter V” (pronounced “Subchapter five”) bankruptcy or Chapter 11.  It was established recently to provided small business corporations and LLCs access to bankruptcy reorganization.  Even the “simplest” traditional Chapter 11 bankruptcy typically requires an investment of attorney fees and costs of no less than $40,000,

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Miami Bankruptcy Lawyer

Bankruptcy 101: The Basics

If you can’t pay your debts, filing for bankruptcy might be the right move to make. In 2022, there were more than 4,400 bankruptcies filed in the Miami United States Bankruptcy Court across all chapters, including Chapter 7, Chapter 11, and Chapter 13 filings. When your debts, whether they be mortgages, bank loans, credit cards,

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Miami Bankruptcy Attorney

The Two Most Common Types of Bankruptcy

According to the Administrative Office of the U.S. Courts, nearly 612,561 business entities and individuals have filed for bankruptcy in the last couple of years. Bankruptcy is rightly seen as usually being the last appropriate option for people and their businesses to take to manage their debts. Bankruptcy is a federal forum that allows debtors

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Filing for Bankruptcy

Filing for Bankruptcy: The Last Resort

Bankruptcy is a federal court proceeding in which a trustee and a judge have great power over the financial life of a debtor that files for bankruptcy protection.  Bankruptcy is available to individuals, married couples, corporations, and limited liability companies.  Bankruptcy relief comes in various forms according to different chapters of the Bankruptcy Code.  That

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Chapter 7 vs. 13 Bankruptcy

Chapter 7 vs. 13 Bankruptcy: Which Is Right for You?

Most debtors that file bankruptcy in Miami opt for Chapter 7 or Chapter 13. Which one is right for you depends on many factors  Read on to understand the differences between the Chapters 7 and 13 and identify some of the considerations that will help you determine which is right for your situation. Understanding Bankruptcy

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Tenancy by the Entirety in Florida

What Is Tenancy by the Entirety in Florida?

In Florida, property owned by a married couple is presumed to be owned as a Tenancy by the Entirety.  Tenancy by the entirety is a type of joint husband and wife ownership of property that safeguards property from creditors of either spouse, but not from a joint creditor of both spouses. Florida is one of

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About Us

Miami Bankruptcy serves clients throughout the Miami and Miami-Dade County area, South Florida and the Florida Keys, including Kendall, Westchester, Sweetwater, Pinecrest, Palmetto Bay, Cutler Bay, Homestead, Florida City, Cutler Ridge, Richmond Heights, Key Largo, Marathon, Islamorada, Big Pine Key, Key West, Tavernier and Plantation.

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