Home2019-01-23T18:58:41+00:00

Should I File Chapter 7 or 13 Bankruptcy?

chapter 7 bankruptcy vs chapter 13 bankruptcyFiling for bankruptcy can be a powerful tool for debt consolidation and relief. It can help you get out from under the financial burden weighing you down. If you’re considering filing for bankruptcy, you may be wondering whether you should file Chapter 7 bankruptcy or file Chapter 13 bankruptcy. The right choice depends on your current income, assets, debts, and your future financial goals.

What are the Major Differences Between Chapter 7 Bankruptcy and Chapter 13 Bankruptcy?

Chapter 7 bankruptcy can be a relatively quick way to wipe out general, unsecured debt […]

June 14th, 2018|

What Happens to Joint Debts After Divorce in Florida?

Joint debt is considered to be any debt created by one or both spouses during the marriage. Upon divorce in Florida, the court decides which spouse is responsible for which joint debt. However, divorce court orders do not affect creditors, who will likely hold both partners liable for joint debt regardless of which spouse the court deemed liable. Common joint debts may include car loans, mortgages, credit card debt or other lines of credit. Below we answer some common questions about how joint debts are handled after divorce.

What Happens if the Court Ordered Spouse Decides […]

June 6th, 2018|

Does Bankruptcy Eliminate Medical Debt

Emergency Room SignFar too many Americans find themselves in a financial crisis because of soaring medical costs. All it takes is one trip to the emergency room or a bad diagnosis for things to spiral out of control. But there are options. Will your medical debt be eliminated if you declare bankruptcy? Learn more about filing bankruptcy and what it means when it comes to medical debt.

Is Declaring Bankruptcy to Discharge Medical Debt an Option?

Sadly, nearly 1.7 million American households have experienced bankruptcy due to mounting medical expenses. This type of debt creates major stress […]

May 23rd, 2018|

How Does Divorce Impact my Insurance Policies?

Man Looking Over Insurance PolicyGoing through a major life change like divorce can leave you with questions about the many details that must be addressed. For example, how do you deal with your insurance policies when you get a divorce in Florida? With insurance plans covering your whole family, you’ll need to make your policies reflect your new marital status. Here are more things to know about dealing with your insurance in a divorce.

Make a List of Your Policies

To get an overview of what needs to be changed, make a list of each policy […]

May 10th, 2018|

Filing for Military Divorce in Florida? Here’s What You Need to Know

Military Father and ChildGoing through a military divorce comes with a number of laws and issues that don’t necessarily apply to a civilian divorce. If you are a military family facing divorce, it is important to be aware of the specific issues that you face. Speak with the experienced divorce attorneys at Parker & DuFresne if you’re seeking legal representation in a military divorce.

Where Can I File for Military Divorce?

Service men and women and their families often move frequently. In some cases, they may be stationed in a state that is different from where they […]

April 24th, 2018|

What is the Difference Between IRS Liens and IRS Levies?

Man Looking at ComputerWhen you owe tax money to the federal government, there are certain collection methods that are unique to the IRS. The federal government is permitted to take more extreme measures to collect money than typical debt collectors. These measures can include placing liens and levies on your property. If you are facing an IRS lien or levy, contact a Jacksonville bankruptcy attorney to learn about your options. Liens and levies have different consequences for your financial future.

What is a Federal Tax Lien?

If you fail or neglect to pay a tax debt on […]

April 17th, 2018|

How Divorce Impacts Income Taxes

A person prepares to file divorce in Jacksonville with Calculator and W-2 onlineYou’re probably not thinking much about your taxes when going through a big life change like divorce. But if you’ve recently been divorced or are going through a divorce, it can actually have a big impact on your taxes. Below are some important things to consider about the effect on your taxes when you file divorce in Jacksonville.

Your Filing Status

Your filing status is the most obvious change on your tax return after getting a divorce. It’s also what determines many of the numbers on your […]

April 10th, 2018|

Myths About Child Support in Florida

Child Support spelled out with gavel on top of cashThe myths and misconceptions about child support seem to be endless. Different states have different laws regarding child support and some laws are changed over time, which adds to the confusion. That’s why it’s important to be familiar with current child support laws in our state. Below, we dispel some of the most common misconceptions surrounding child support in Florida.

Myth: No one receives child support when both parents share custody.

Fact: While there are cases when this may be true, one parent will usually be responsible for […]

April 3rd, 2018|

What Are the Differences Between Shared Custody and Joint Custody?

An adult holding their child's handThere are several ways that child custody can be arranged in a divorce. When both parents want to be actively involved in the child’s life, shared custody and joint custody will be considered. They may sound like the same thing, but there are some important differences to be aware of. Be sure to work with an experienced divorce lawyer in Jacksonville to help you determine the best arrangement for you and your child.

What is Shared Custody?

In shared custody, both parents have shared legal physical rights to their child. Both parents receive […]

March 10th, 2018|

What is the Bankruptcy Counseling Requirement?

A computer with bankruptcy and debt counseling website openBefore filing bankruptcy in Jacksonville, you’re required to complete credit counseling. The Federal Trade Commission states that you must complete this credit counseling from a government approved agency within 180 days of filing. You must also complete a debtor education course after filing in order for your debts to be discharged.

Why is Credit Counseling Required?

The main purpose of credit counseling is to help you evaluate your financial situation and ensure that bankruptcy is a last resort. Through counseling, you’ll determine if there’s a feasible way to handle […]

February 27th, 2018|