4 Shocking Consequences of Misusing SBA Loan Funds: How It Leads to Bankruptcy Fraud
The Small Business Administration (SBA) has been a lifeline for countless small businesses, providing vital funds through various loan programs, including the popular Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL). These funds offer businesses financial support
Navigating Bankruptcy and Personal Injury Lawsuits: What You Need to Know
Introduction
Facing bankruptcy is a scary prospect for anyone, and it becomes even more complex when other issues are involved, such as a potential personal injury lawsuit. In these situations, understanding your rights, obligations, and the potential outcomes is crucial to making the best
Introduction
Whatever is going on in today’s financial world, many individuals face the pressure and reality of bankruptcy. The decision to declare bankruptcy is never easy, and it often comes with more questions than answers. One particularly contentious issue is the act of racking up credit card debt just before filing for bankruptcy. This practice,
Demystifying 3 Bankruptcy Debt Categories: Empower Your Financial Journey by Understanding Secured, Unsecured, and Priority Debt
Introduction to Bankruptcy Debt
When money troubles get tough, figuring out the complicated world of bankruptcy can feel overwhelming. One of the important aspects to understand when considering bankruptcy is the classification of debts. Debts are not created equal
Mastering Credit Card Collections: 8 Essential Steps to Navigate Debt & Explore Your Options
Introduction:
Facing the reality of a credit card account going into collections can be scary and overwhelming. However, it is important to understand that you still have options available to you. From negotiating with creditors to understanding your legal rights, there
Introduction:
Cosigning a loan or financial agreement for a friend or family member might seem like an act of support or your attempt to help someone. However, it is important to understand that cosigning comes with its own set of risks and potential problems. There are often-overlooked challenges of being a cosigner, which is why
Here’s the dilemma: Is it ok to rack up credit card debt before I file for bankruptcy? Is it Ethical?
Bankruptcy is a financial strategy that individuals often resort to when the burden of debt is too much. Bankruptcy offers a fresh start by liquidating assets or creating a repayment plan. However, the question arises:
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Introduction
Before filing bankruptcy, some clients are fearful. Does the bankruptcy court take everything I own? Will I keep my house? Will they take
Introduction
Florida’s alimony law, Florida Statute §61.08, underwent a significant transformation on July 1, 2023, with the implementation of a revised alimony law. This law introduced changes that impact the way spousal support or alimony is determined, calculated, and awarded in divorce cases throughout the state. Most importantly, the new alimony law removed permanent periodic
On July 1, 2023, Florida implemented a significant overhaul of its parenting and timesharing laws, reshaping the way child custody and visitation arrangements are determined in divorce and separation cases. This article aims to provide an insightful exploration of the key aspects of Florida’s new parenting and timesharing law, as well as discuss the ways
