The Lanigans are based in Winter Park but work with clients throughout Florida in cities from Altamonte Springs to Boca Raton to Cape Canaveral, Clearwater, Cocoa Beach, Daytona Beach, Deland, Deltona, Fort Lauderdale, Fort Meyers, Gainesville, Heathrow, Jacksonville, Jupiter, Kissimmee, Lake Mary, Maitland, Melbourne, Miami, Mount Dora, Naples, New Smyrna Beach, Ocoee, Orlando, Palm Beach, Sanford, St. Petersburg, Tampa, The Villages, Vero Beach, Windermere, to Winter Springs. If there is a city not listed, be sure to call to find out if the Lanigans serve your area.
Source: laniganpl.com
Video: What Does It Mean If My Bankruptcy Case is Dismissed?
Denver Post & MediaNews Group: Fallout from partner Journal Register Company bankruptcy?
Paton is a prolific blogger, so it was only natural that he would personally describe his vision for Digital First Media. In a September 7, 2011 post entitled “Digital First: The Next Step,” he awkwardly misidentified MediaNews Group as “Media News Group,” but this goof was overshadowed by bold declarations about the next stage of journalism. He maintained that JRC had “blown up a lot of…received wisdom” about what newspapers can and can’t do in the 21st century marketplace, and touted the rise in online revenue. “Digital dimes can replace Print dollars,” he asserted. “And if our dailies continue on the trend they are on right now, by the end of the year they will have brought in more digital revenue than the costs of running their newsrooms. Digital revenues can pay for newspaper newsrooms.”
Source: westword.com
Indiana’s personal bankruptcy filings fall: What does it mean?
Sudden unemployment is a common scenario that has fueled financial difficulties for many families across the state and country. Bankruptcy, whether it is filing for Chapter 7 or Chapter 13, may be the most viable option available to those experiencing financial difficulties. Generally, since the recession starting in 2008, attorneys, including those in Indiana, have notice a significant increase in bankruptcy filings.
Source: valparaisobankruptcylawblog.com
Bankruptcy reform and abuse in filing Chapter 7
“In FY (fiscal year) 2011, approximately 13 percent of chapter 7 debtors had income above their respective states’ medians. Of the cases filed by debtors with income above the state median, 7 percent were presumed abusive under the means test. However, after considering a debtor’s special circumstances, the Program exercised its statutory discretion to decline to seek dismissal in about 63 percent of the presumed abusive cases in which the debtor did not voluntarily convert or dismiss the case.”
Source: bankruptcylawnetwork.com
What does it mean to file for bankruptcy? in General Discussion Forum
I know you have to pay a pretty big amount just to file, my in-laws had to file at one point and I believe they paid something around $1200. That $1200 they paid was court filing fees and a portion of attorney fees. The remainder of attorneys fees will be paid through the bankruptcy if they filed a Chapter 13. If they filed Chapter 7, I’m not sure how the balance of that is paid. I filed for Chapter 13 a little over three years ago and it’s taught me a lesson about handling my finances for sure. I’ve got a little more than $9,000 left and I’m actually going to be done a few months early. It was scary and embarrassing at first. But I realized at a certain point that I wasn’t the only one facing a mountain of debt with no way to handle it.
Source: yuku.com
The Truth About Bankruptcy
Perception is not always reality. Do not be fooled by someone driving around in a luxury car and wearing designer clothes. People rarely buy cars in cash, and people cannot always afford the car loan that comes with the car. Just because someone has a nice car does not mean they are comfortably making all their payments each month. The average personal savings rate (the amount of money a person has after expenditures) is around 4%, which is low and for most people, difficult to retire on.
Source: sbkass.com
What does median income mean in a Chapter 7 bankruptcy?
Answer: Median income simply means ‘middle income’ or average income. It is based on the state you reside in and the number of people in your household. The concept of ‘median income’ became relevant in 2005 when the bankruptcy code was overhauled and the ‘means test’ was adopted. The stated policy behind the means test was to prevent abuse of the bankruptcy system, but the unwritten motivation was to make it harder to file Chapter 7 bankruptcy, thus resulting in fewer filings. In our opinion, the stated policy has probably been realized, but the unwritten motivation probably has not. In other words, you most likely don’t have anything to worry about. Even if you are over median income, you are not automatically disqualified from filing a Chapter 7. You will have to jump through some additional hoops but most people who are sincere in seeking debt relief will be able to do so and thus qualify for Chapter 7.
Source: craigswapp.com
Bankruptcy Woes? Simplify The Process With This Useful Information
Consider Chapter 13 bankruptcy for your filing. If you have less than a quarter of a million dollars in debt that is unsecured and a regular income, you are eligible to file a Chapter 13. Chapter 13 bankruptcy permits you to remain the owner of your properties, while allowing you to repay your debt using a debt consolidation loan. Expect to make payments for up to 5 years before your unsecured debts are discharged. However, if you are unable to properly commit to the plan you agree to, your case can be dismissed.
Source: articlesphere.com
What Does it Mean to Reaffirm Your Mortgage in Bankruptcy?
To reaffirm a mortgage does not affect home ownership, it simply means that after your bankruptcy your liabilities related to the debt increase. Essentially, you are removing your mortgage from bankruptcy protection, this can mean tax and other liabilities should you default on your payments. The bank does this by issuing a new contract that will reinstate your financial liability.
Source: wannanetwork.com