Articles Tagged with bankruptcy discharge

If 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 unit (municipal, state, federal, etc.). Whether or not a fine is able to be discharged depends on if it was a penalty or reimbursement.

a gavel on a bankruptcy court benchMany people worry about what happens after they make the decision to file for bankruptcy. While preparing your paperwork is half the battle, it’s important to be prepared for what occurs after you’ve signed your petition. Here’s what you can expect after filing bankruptcy.

The Automatic Stay is Put in Place.

An automatic stay is a federal court order that goes into effect the moment a bankruptcy case is filed. It prevents creditors from making any effort to collect on debts you owe. You’ll be assigned a case number by the court, which you should give to any creditors that try contacting you. If they persist, they will have to answer to the bankruptcy court.

two people attempting to file for bankruptcy on a laptopBankruptcy is the federal court procedure offering a person or business the opportunity to eliminate or restructure their debts. Debts that can’t be paid may be forgiven, and creditors may get some amount of repayment depending on the filer’s ability to pay. Filing bankruptcy in Florida can be a difficult decision, but it provides the opportunity to start with a clean slate.

What is The Bankruptcy Process in Florida

Most of the bankruptcy process is governed by federal bankruptcy laws. This means that filing bankruptcy in Florida is much like filing in other states. There is some Florida-specific information that you’ll need to submit. There are also Florida exemptions to be aware of. The basic process of filing in Florida follows these steps.