Category Archives: Bankruptcy

If you are a married couple and considering filing Chapter 7 Bankruptcy there questions that may arise such as: determining whether to file jointly or individually. This determination is very critical to the outcome of your filing and you should address this with a Bankruptcy attorney before proceeding.

In some cases, one spouse may have the majority of debts or all debts and deem it necessary to file a bankruptcy separate from the other spouse. However, in cases where both spouses are facing financial hardship in meeting the payments on their debt it may be advantageous to file Bankruptcy jointly.

Advantages to filing jointly/together include:

• Filing jointly is more efficient by consolidating the filing, making it is less time consuming
• Paying only one filing fee instead of paying the same fee twice for separate filings
• Assistance from the other spouse in gathering all the necessary documentation together, which can be extremely burdensome

Joint filing, however, may have disadvantages as well especially when there is a large disparity in the debts and assets between the spouses. Call your bankruptcy attorney to determine what is most effective and beneficial filing for you and your loved one.

If you do not have an attorney and have concerns about your Bankruptcy or are considering filing Bankruptcy jointly, call  Blick Law Firm today and schedule a free 15-minute consultation with attorney Michael Blickensderfer. Think quick, call Blick!

Bankruptcy cases are generally filed under Chapter 7 or Chapter 13 of the Bankruptcy Code. Filing for bankruptcy can be very intimidating and confusing for most people. When filing for bankruptcy, it is very important that the information and paperwork are filed correctly to ensure that your bankruptcy claim is successful.  An experienced bankruptcy lawyer can assist you with your bankruptcy claim, and help to make sure that the proper steps and precautions are being made when filing.

Chapter 7 

Chapter 7 of the bankruptcy code is used to liquidate assets so that debts can be paid. This option allows those struggling with debt to obtain a fresh start and new financial beginning. Repayment plans are also available to get those struggling with debt back on track.

Chapter 13        

Unlike Chapter 7, Chapter 13 of the bankruptcy code does not involve the liquidation of assets. Chapter 13 allows the debtor to keep property and negotiate bills so that they can be consolidated.  This method of bankruptcy requires more time than that of chapter 7 due to the repayment process. The repayment plan allows those struggling with debt to keep their assets as, well as pay off their bills.

Filing for Bankruptcy can be a very time consuming process, and it is crucial that paperwork is filed correctly. Assistance from an experienced Bankruptcy Lawyer is highly recommended when considering filing for Bankruptcy. An experienced Bankruptcy attorney can provide you with detailed information regarding your options, as well as assist you with the execution of your claim.  A Bankruptcy Lawyer can also help to make sure that your paperwork is properly filed and completed, as well as assist you with any discrepancies that may arise.

If you are considering Bankruptcy, the experienced lawyers at Blick Law Firm can help to secure your benefits and maximize your recovery. Call Blick Law Firm today for a free 15 minute consultation.

Blick Law Firm is hosting a free “Managing Financial Hardship” seminar on Friday, May 23rd from3 to 5pm. The seminar will be held at Blick Law Firm’s previous office at 4351 Gunn Highway in Tampa. Bankruptcy Paralegal Jill Starr, and Attorney Alex A. Serrano will be discussing some options available to those facing financial hardship. In depth information in regards to what bankruptcy is will be discussed, as well as how it can be useful, and the distinctions between chapter 7 and 13. Information concerning what not to do preceding and during your bankruptcy case will also be explained, along with a “life after bankruptcy” session.

Blick Law Firm understands that filing for bankruptcy can be very intimidating and stressful. Our goal is to not only educate but to also equip the community with a strong knowledge base of the bankruptcy process. Filling for bankruptcy is common in the state of Florida, and can safeguard and provide comfort for those overwhelmed with debt. What Bankruptcy laws do is liquidate assets, so that debts can be paid. Repayment plans are also available to those struggling with debt, in order to support a new financial beginning.

What is bankruptcy?

Bankruptcy is a legal degree of a person or business that is unable to pay their debt to creditors. Bankruptcy is appointed by a court order that is generally proposed by the debtor. Filling for Bankruptcy is common in the state of Florida, and can safeguard and provide comfort for those overwhelmed with debt. What Bankruptcy laws do is liquidate assets, so that debts can be paid. Repayment plans are also made in order for those in debt to have a new financial beginning. Bankruptcy cases are generally filed under Chapter 7 or Chapter 13 of the Bankruptcy Code.

It is very important  that the information and paperwork are filed correctly to ensure that your bankruptcy claim is successful. The experienced attorneys at Blick Law Firm can assist with your bankruptcy claim, and help to make sure that the proper steps and precautions are being made when filing.

If you or a loved one is thinking about filing for bankruptcy, Blick Law Firm can help you secure the full benefits to which you are entitled, and help to maximize your recovery.

Filing for bankruptcy can be very intimidating. Many Americans facing financial hardship believe bankruptcy is almost impossible to recover from. Some people are reluctant to choose bankruptcy, and may feel embarrassed, alone, or defeated when considering this option. However, filing for bankruptcy can provide a new financial beginning to those overwhelmed with debt, and countless Americans file for Bankruptcy every year. Rock stars, athletes, and even some of today’s millionaires have used bankruptcy to get their finances back on track.

Walt Disney founded the animation company Laugh O Gram, in 1920. When his financial backers went broke, Disney became overwhelmed with debt and could not afford payroll. Disney was forced to file for bankruptcy and leave the mice infested company behind. One mouse in particular had a lot of personality; Disney named the mouse Mickey and packed his bags for Hollywood. Upon arrival, Disney started a new self-named production company and invented the animated character Mickey Mouse.

Today, the 100 billion dollar company is one of the largest in the world.

Multi billionaire Donald Trump, has declared bankruptcy four times. Due to some unsuccessful business ventures, Trump had to file for bankruptcy after accumulating billions in debt. Despite these financial hardships, Donald Trump is among the wealthiest entrepreneurs in the world with an estimated net worth of 2.9 billion dollars.

Many people have used bankruptcy to help reclaim financial control of their lives. Bankruptcy laws liquidate assets so that debts can be paid, and repayment plans are available in order to secure a positive financial future.

Following the correct procedure is crucial to ensure a successful bankruptcy claim. A bankruptcy attorney can help guide you through the bankruptcy process, and make sure that paperwork is filed appropriately.

If you are struggling with your finances and considering bankruptcy, the experienced lawyers at Blick Law Firm can help you take the right steps towards a new financial beginning. Call Blick Law Firm today for a free consultation.