Is There a Best Time to File Bankruptcy?

Bankruptcy court gavel.There are many different reasons you may consider filing for bankruptcy. If you find yourself struggling with considerable medical, credit card, or mortgage debt, or have been hit hard by a failed business venture, you may feel the pressure to act quickly. Bankruptcy can be a great financial tool, but it is important to know all your options before filing. If your debt is becoming too much to handle, carefully weigh your options with an experienced bankruptcy attorney. Your decision to file should be expertly guided.

Reasons to File Bankruptcy

If you are in danger of […]

February 8th, 2019|

Will Bankruptcy Affect my Social Security?

Bankruptcy can be a powerful tool for debt relief. If considering bankruptcy, but you receive Social Security benefits, there are some things you might want to be aware of. According to federal law, Social Security benefits are exempt in bankruptcy cases. Both the Social Security Administration as well as bankruptcy courts uphold this. However, there are some situations in which your benefits may be affected.Social Security Benefits and Bankruptcy

Chapter 7 vs Chapter 13 Bankruptcy

Chapter 7 and Chapter 13 bankruptcy have different but equally valuable uses, depending on your situation. Social Security also relates to them differently.

Chapter […]

October 29th, 2018|

How Does Child Support Work in Florida?

child support lawyerIf a couple has children, the Florida courts will ensure that their financial needs are met to the best of the parents’ abilities. Child support pays for things like food, health care, and shelter. You might be wondering about how child support is determined in Florida. This article provides a brief overview of what to expect. If you are looking for an experienced child support attorney in Jacksonville, call Parker & DuFresne today to set up a free consultation.

An Overview of Child Support in Florida

Raising children is expensive. When funds […]

October 25th, 2018|

How Will Bankruptcy Impact my Security Clearance?

Security Clearance and Bankruptcy It’s normal to have questions when filing for bankruptcy. This is especially true when regarding a security clearance. There are many scenarios that can affect a security clearance including personal conduct, alcohol use, and financial considerations. However, filing for bankruptcy itself won’t prevent you from receiving security clearance. There are various factors that will affect security clearance outside of bankruptcy. These are considered when deciding whether someone is a security risk or not.

Factors That Affect Security Clearance

There are 13 guidelines that are considered when granting or denying security clearance.

These include:

  1. Allegiance to […]
October 9th, 2018|

Can Bankruptcy Affect My Car Lease?

Car Lease and BankruptcyFiling for bankruptcy can impact existing and future car leases. Depending on how up-to-date you are on your lease payments can determine what happens when you file bankruptcy. A professional bankruptcy attorney can help you find the options that best fit your situation.

Automatic Stay and a Trustee’s Choices

An automatic stay halts any collection action by a car lessor, including efforts to repossess a vehicle. However, if you are behind on payments, the lessor may file a motion to have the automatic stay lifted. If this happens, the lender may pursue collection of the […]

September 27th, 2018|

Does Filing Bankruptcy Clear Court Fines?

Clearing Court Fines JacksonvilleIf you’ve been convicted of a criminal offense, bankruptcy can better help you deal with the associated fees. Laws surrounding how bankruptcy affects fines differ between states. However, a Jacksonville bankruptcy lawyer can help you with charges in Florida. Different convictions determine whether the debt associated with a fine can be discharged. Even if it cannot completely free you of fines, bankruptcy might still be a helpful option.

Determining Whether a Fine Can Be Discharged

The government refers to fines in different ways: penalties, forfeitures, tickets, tolls, and surcharges. Generally, fines are owed to a government […]

September 25th, 2018|

What Happens If a Custody Agreement Is Broken?

Custody AgreementSplitting up can incite a lot of emotions for all parties involved. When disputes arise an individual may unintentionally break their custody agreement. However, how does one know if they are violating a custody order? A Jacksonville child custody attorney can tell you whether or not you would be violating an agreement.

Frequent Custody Agreement Violations

Here are some common custody agreement violations:

Disregarding Visitation Rights:

A parent might bring back a child at a later time than agreed. This violates visitation rights and can happen whether both or one parent has custody […]

September 25th, 2018|

How to Rebuild Your Credit After Filing Bankruptcy

Filing bankruptcy is a powerful tool you can use to get free of debt and give yourself a fresh financial start. Part of this is the opportunity to repair your credit going forward. While your credit will take an initial hit right after filing, there are many ways to restore it. Bankruptcy stays on your record for 10 years in most cases. If you don’t take action to increase your credit score during this time, you might find it difficult to lease an apartment or buy a car. It is important that you move as soon […]

August 29th, 2018|

Finalize Your Divorce in 2018 to Save Money

President Trump signed the Tax Cuts and Jobs Act in December of 2017, overwriting a decades old tax law. The old rules allowed alimony to be tax deductible by the spouse paying. The spouse receiving the alimony payments was required to record them as taxable income. After the new law takes effect on January 1, 2019, alimony paid is no longer be deductible. If you are going through a divorce, you should consider finalizing it before the end of 2018.

How Will this Affect Those Going Through a Divorce?

The new tax law comes into effect on January […]

August 23rd, 2018|

4 Money Mistakes to Avoid During Divorce

A hand holds 3 burning billsGoing through a divorce is rarely easy and often stressful. A trusted Jacksonville divorce attorney can help guide you through the process, but the clients still have to keep certain things in mind. Divorce often brings up concerns about finances and children. It can be an emotional process that leads to many financial errors that make things difficult for everyone going forward. Here are 4 money mistakes to watch out for during a divorce.

Rushing Without Taking Everything into Account

No one wants to have to go through the hassle of a divorce. […]

August 15th, 2018|