First, and I must stress, EIDL loans are not forgivable. They were intended to help small businesses recover from the economic impacts of the Covid-19 pandemic. However, EIDL Advance funds are like grants and do not have to be repaid. More information is available on the SBA website: https://www.sba.gov/funding-programs/loans/covid-19-relief-options/eidl If…
Under the new provisions allowing a Debtor to attest to an undue hardship, a consolidation pre-filing would be viewed as evidence of good faith – this is the box that may be checked: engaging meaningfully with a third party they believed would assist them in managing their student loan debt.…
Here’s a news clip on this topic that ran yesterday: https://www.youtube.com/watch?v=77xsEU7rFM0 It’s a good short 2 minute summary of what this means and well worth a listen! I haven’t seen this in the news much and we really need to get the word out because in my 30 years of…
Credit reporting is changing for medical debt. Starting July 1, 2022, previously defaulted, but subsequently repaid, medical debt will no longer be reported on someone’s credit. Next year, medical debt of less than $500 will not be reported on credit reports any longer. This doesn’t mean that the medical provider…
If you have significant debt but have been told that you cannot file a Chapter 13 consumer bankruptcy, now you can file bankruptcy and not risk dismissal by the U.S. Trustees office. This change occurred because the Bankruptcy Threshold Adjustment and Technical Corrections Act was signed into law yesterday. Prior…
Life Isn’t Meant to be Lived Paycheck to Paycheck I know there’s been lots of press about the 8.5% inflation rate that was announced this week. I also know that many people don’t believe that number. Why not? Well, the U.S. Bureau of Labor Statistics has been consistently modifying their…
Florida Trend just came out with its Legal Elite 2021 list on July 1 where we’re proud to be listed as one of the top 10 bankruptcy attorneys in Tampa Bay. This is not a publication that we pay for a listing — we don’t subscribe to that philosophy. We…
We have five seminars that our attorneys are presenting at this month and next! Bankruptcy Updates: COVID-19 Changes to the Bankruptcy Code – The Consumer Bankruptcy Reform Act of 2020, April 26, 2021 SD FL Student Loan Program Virtual Workshop, May 10, 2021. Unpacking Medicaid Planning for the Non-Planners, April…
Tomorrow’s TBBBA lunch Zoom 4/6/21 at 12:00 EST is by popular request due to inadvertent atty-client disclosures on Zoom hearings! My Attorney Client Privilege: What is it? Who has it? And When is it Waived? Judge Delano will present a refresher on the attorney-client privilege and maintaining client confidentiality. Avoid…
Don’t forget next Tues March 2 at noon on zoom (wow, I just realized that rhymes), the TBBBA has Judge Colton presenting: Charting the “fair ground of doubt” regarding violations of the Discharge Injunction after Taggert v. Lorenzen: Firm Footing or Rocky Terrain? This presentation will explore the law regarding violations of…