Category: Personal Bankruptcy Laws in Florida


Innovative startup wants to relieve medical debt load

By Marrero, Chamizo, Marcer Law, LP,

Unpaid medical bills can take a toll on your life just like the burden on many Florida residents. That’s especially true for Florida Residents without health insurance. People who have insurance are also likely to be affected by high insurance deductibles and copays. However, a startup company called Better was recently formed to help people…

Read more

Federal Reserve interest rate hikes to raise payments for debtors in Florida

By Marrero, Chamizo, Marcer Law, LP,

Credit cards, adjustable-rate mortgages and home equity loans tie their interest rates to a rate set by the Federal Reserve. This rate establishes the cost of short-term loans between banks, and increases ripple out to Florida borrowers and affect their payments. The Federal Reserve has already raised this critical rate twice in 2017 by one-quarter…

Read more

The Number of Health Plans with High Deductible Increases

By Marrero, Chamizo, Marcer Law, LP,

Medical Bill Lawyer Since the implementation of the Affordable Care Act, a rising number of people in Florida and the rest of the nation have been using health plans that have high deductibles. This is according to a study recently conducted by the National Center for Health Statistics at the United States Centers for Disease…

Read more

Court says recent credit card charges not evidence of fraud

By Marrero, Chamizo, Marcer Law, LP,

Hardship Discharge Florida residents who are struggling with debt might wonder whether they can file for bankruptcy and if they can discharge recent debts. In a West Virginia case, a bank tried to claim that a debtor could not hardship discharge almost $8,000 worth of credit card debt incurred around two months before she filed…

Read more

Getting a bankruptcy off a credit report

By Marrero, Chamizo, Marcer Law, LP,

If a Florida resident files for Chapter 7 bankruptcy, it will likely stay on his or her credit report for 10 years after the filing date. If a person files for Chapter 13 bankruptcy, it will remain on the report for seven years. Unfortunately, there are very few instances in which a person can get…

Read more

How bankruptcy may help with auto loan debt

By Marrero, Chamizo, Marcer Law, LP,

Florida residents may be aware that a lender may repossess a car for not making loan payments. Even if the car is repossessed, a borrower may still be on the hook if the amount that the lender receives from a subsequent sale is less than the balance remaining on the loan. This is referred to…

Read more

Making debt payments

By Marrero, Chamizo, Marcer Law, LP,

Young adults in Florida who are part of the millennial generation may have big decisions in mind like purchasing a home or starting a family. Others may have already achieved these important personal milestones. Millennials often have to make major life choices while balancing large debts. Half of them have more than one long-term debt…

Read more

Florida debtors may be able to make property transfers

By Marrero, Chamizo, Marcer Law, LP,

Florida residents who are considering filing for bankruptcy and are thinking about transferring certain assets out of their estate before doing so may be interested in a 2016 decision of the U.S. Court of Appeals for the 9th Circuit. According to the Bankruptcy Code, a discharge could be denied for debtors who attempt to make…

Read more

Identity theft and bankruptcy

By Marrero, Chamizo, Marcer Law, LP,

Florida residents who have been victims of identity theft should make sure that they take the appropriate steps to correct the situation. While bankruptcy may be a useful financial and legal tool to use for certain financial problems, using it to fix the damage caused by identity thieves may not be the best choice. Identity…

Read more

Filing for bankruptcy may save pawned assets

By Marrero, Chamizo, Marcer Law, LP,

Florida residents who are experiencing financial problems or just need some extra money often apply for a secured loan. This is a loan that is backed by an asset such as a car or a property title. If a debtor doesn’t make payments, the creditor has the right to seize the asset that was put…

Read more