Category: Chapter 7 Bankruptcy


Can medical bills be discharged in bankruptcy?

By Marrero, Chamizo, Marcer Law, LP,

One of the most common reasons for filing bankruptcy is to get rid of medical debt. A major illness or injury can result in significant bills, even if you have medical insurance. It can also lead to lost time at work, which means less money coming in to pay those bills. Some or all medical…

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How will Chapter 7 bankruptcy affect my credit?

By Marrero, Chamizo, Marcer Law, LP,

One of the top concerns for people considering filing for bankruptcy is the resulting effects on their credit score. A credit score can have a lot of power, dictating where you can live and what you can buy. It is important to know where you will stand after filing for bankruptcy. If your score is…

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Is debt consolidation a good deal?

By Marrero, Chamizo, Marcer Law, LP,

To a person with more credit card debt than they can pay, debt consolidation may seem like a way out. Combine debt into one monthly payment at a lower interest rate. Unfortunately, debt consolidation doesn’t solve the problem of too much debt. Instead, it leads to more debt over a longer period of time. What…

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Elements of the bankruptcy estate

By Marrero, Chamizo, Marcer Law, LP,

If an individual receives payment for services after filing for Chapter 7 bankruptcy, it may still be property of the bankruptcy estate. Florida residents may be interested in the finding of a bankruptcy judge in Massachusetts in that regard. In thecase that was decided on Aug. 17, an attorney received $10,000 from a client after…

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Will I lose all of my assets if I file Chapter 7 Bankruptcy?

By Marrero, Chamizo, Marcer Law, LP,

Chapter 7 bankruptcy is sometimes called “liquidation bankruptcy.” Many people take this to mean that the person who files bankruptcy will lose everything they own. This is not the case. In fact, Chapter 7 Bankruptcy can help you make sure you don’t lose everything you own. That’s why there are Florida Bankruptcy Laws that are…

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