Bankruptcy filings in the United States saw a significant increase in 2024, and this shift has impacted both businesses and everyday consumers. As the economy continues to change, more people are seeking legal help to protect their finances and property. At Consumer Law Attorneys, we take pride in helping Floridians with their legal needs during...
The warning signs are flashing bright red: American consumers are drowning in credit card debt, and the situation is only getting worse. According to recent data from the Federal Reserve Bank of New York, the percentage of credit card balances that are 90 days or more overdue has reached its highest level since 2012, in...
Crypto Bankruptcy: What Happens When Digital Asset Companies Go Under? The world of cryptocurrency is changing how bankruptcy works. When regular companies go bankrupt, there are clear rules about who gets paid first and how assets are divided. But when crypto companies fail, things get more complicated. Recent collapses of major crypto exchanges and platforms...
Life doesn’t always go as planned. Sometimes, things pile up and leave you feeling stuck under a mountain of debt. Maybe you lost your job, got hit with large medical bills, or just had some bad luck. Whatever the reason, when debt becomes too much to handle, it’s normal to feel stressed and unsure of...
As Florida bankruptcy lawyers, we want to talk about something that’s affecting many Americans right now: debt. The news has been full of stories about how people are struggling with money, even as the economy seems to be doing okay. We know that dealing with debt can be really scary and stressful. It might feel...
Bankruptcy. The word alone can send shivers down your spine and conjure up images of financial ruin, lost homes, and a future filled with nothing but struggle. But is this reputation truly deserved? Does bankruptcy really spell the end of your financial life as you know it? At Consumer Law Attorneys, we’ve helped countless people...
As credit card balances and delinquencies continue to rise, with the average credit card interest rate well above 20%, many Americans are finding themselves increasingly burdened by debt. In this precarious financial situation, people often look for solutions and ways out of the hole. Debt settlement companies heavily advertise their services as an appealing alternative...
In today’s economic climate, many people find themselves struggling with overwhelming debt. Whether it’s due to unexpected medical expenses, job loss, or other financial hardships, the burden of debt can be crushing. When faced with relentless collection companies and seemingly endless payments, it’s easy to feel hopeless and trapped. However, there is a solution that...
Bankruptcy Filing in Florida: Understanding the Basics Bankruptcy is a legal process that offers individuals and businesses the chance to eliminate or restructure their debts. If you’re struggling to make ends meet, this may be a viable option for you. However, filing for bankruptcy in Florida can be complicated and intimidating, especially if you’re unfamiliar...
Chapter 11 Bankruptcy The COVID-19 pandemic has caused what can only be considered an economic nightmare at this point, and the governors of the states as well as the legislature has attempted to minimize damage and keep that economy afloat. In response to the clear path the country was heading to, Congress passed the CARES...
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