New IDR Terms Announced! Sorry for the delay in getting this out, Covid has put me behind a week or so. The new IDR Plan expected out in July before the payment pause ends will not exactly be a new plan. Instead of confusing borrowers and making yet another IDR…
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…
A mortgage servicer called a “furnisher” for purposes of credit reporting is responsible for updates to a borrower’s credit report. Many times following a foreclosure, there is a limited time for the lender to seek a deficiency judgment. Here is Florida it is one year. If a year goes by,…
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…
We started a video series this fall with attorney Melissa Solevilla at Carey, Leisure & Neal, about issues facing our grown children, and how to help them get a good start in their lives. I’m thinking about his now, when I have consult coming up with a former NFL athlete…
While everyone was talking about CyberPunks and NFTs on Twitter this weekend, as well as the impact of various amendments to the infrastructure bill and how they may affect cryptocurrencies and development in blockchain tech, there was significant movement on the student loan front. Late Friday afternoon, the Biden administration…
More people than we think are involved in the crypto world. It is a way for our younger generation who understands the tech behind blockchain to perhaps improve their way of life. It’s a way for our industries to be more transparent, competitive and efficient. Unfortunately, the infrastructure bill is…
Are you looking to buy a house now? Waiting could cost you as inflationary pressures will likely cause your dollar to decline. Moreover, interest rates will begin to rise in 2022 – 2023 as the Fed begins to normalize the interest rate. If you have student loan debt that has…
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…
Inflation and interest rates are the two primary culprits. Bankruptcy can actually be a fix to this problem and is something that everyone should evaluate NOW. Does it make sense to clear the deck and start fresh? Especially when that deck is stacked against most Americans who are not otherwise…