On behalf of Jay W. Moreland, P.A. | Sep 8, 2020 | Uncategorized
When people find themselves drowning in unpaid bills and facing a salary reduction or job loss, their options can sometimes seem extremely limited. Some may consider filing for bankruptcy when they can no longer make their monthly mortgage payments, in the hope of...
On behalf of Jay W. Moreland, P.A. | Aug 12, 2020 | Uncategorized
Filing for bankruptcy may help you put an end to collection calls and the general stress that can come with being in debt. According to one Florida financial planner, the process of obtaining debt relief through bankruptcy can be both traumatic and satisfying at the...
On behalf of Jay W. Moreland, P.A. | Jul 31, 2020 | Uncategorized
Florida residents who file for bankruptcy may experience a drop in their credit scores. However, there are ways to rebuild credit after seeking protection from creditors. For instance, it may be a good idea to apply for a secured credit card or unsecured retail credit...
On behalf of Jay W. Moreland, P.A. | Jul 28, 2020 | Uncategorized
Bankruptcy may occur when a person or business is unable to make good on their debt. The term is often used generally, and even metaphorically, but there’s also a legal definition of bankruptcy. People in Florida should know that legally speaking, bankruptcy is...
On behalf of Jay W. Moreland, P.A. | Jul 14, 2020 | Uncategorized
People in Florida who are considering bankruptcy might be concerned that they will lose all their possessions. In fact, even when filing for a Chapter 7 bankruptcy, a number of assets may be considered exempt. Bankruptcy laws vary from state to state and even between...
On behalf of Jay W. Moreland, P.A. | Jul 7, 2020 | Uncategorized
Many Florida residents will hesitate to declare bankruptcy due to the negative stigma involved. In many cases, however, a bankruptcy filing will make sense and be the best option for someone who wants a fresh financial start in life. In fact, they may start realizing...
On behalf of Jay W. Moreland, P.A. | Mar 27, 2020 | Uncategorized
Those who have declared bankruptcy in Florida can get a fresh start and some relief from their debt. New research shows that the fresh start does not have to come at the expense of their employment prospects. This tells a significantly different story than the one...
On behalf of Jay W. Moreland, P.A. | Mar 15, 2020 | Uncategorized
The average person living in Florida has $38,000 in debt, and for some, repaying a debt balance in a timely manner is difficult or impossible to do. At some point, debtors who are behind on a student loan or credit card balance may receive phone calls from their...
On behalf of Jay W. Moreland, P.A. | Feb 28, 2020 | Uncategorized
Florida residents who are experiencing financial difficulties are often unsure of how to improve their situation. One fear they could have involves retaining certain properties such as a home or a motor vehicle in a bankruptcy case. Understanding the bankruptcy...
On behalf of Jay W. Moreland, P.A. | Feb 15, 2020 | Uncategorized
Florida residents and others accumulated a total of $22.1 billion in credit card debt in December 2019. A survey of economists had expected that total to grow by $15 billion. The actual increase represented an annual growth rate of 6.3% for the month. However, credit...
