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Tag Archives: Tampa Bankruptcy Lawyers

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Bankruptcy Fraud and Hiding Assets

By Tampa Law Advocates |

Whether you are an individual who is thinking about filing for Chapter 7 or Chapter 13 bankruptcy, or if you are a small business owner in the Tampa Bay area and are considering Chapter 7 bankruptcy or Chapter 11 bankruptcy, it is important to understand how hiding assets could result in bankruptcy fraud charges…. Read More »

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Filing Bankruptcy in Florida if You Moved from Another State | Bankruptcy Residency

By Tampa Law Advocates |

Did you move to Florida relatively recently? Did you move at a point at which you were struggling with debt and considering consumer bankruptcy, but you decided to see if a new location and a new job in the Tampa Bay area could help you get your finances back on track? Many Tampa Bay-area… Read More »

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Chapter 7 for The Small Business Owner

By Tampa Law Advocates |

Chapter 7 Bankruptcy for The Small Business Owner Part One:  Why Would a Small Business Need to File A Bankruptcy? A colleague asked me this morning why a small business would need to file a bankruptcy, instead of simply closing down and walking away.  Of course the owner might be facing personal guarantees for… Read More »

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Chapter 7 Bad Faith Filing and Criminal Fraud

By Tampa Law Advocates |

When you file for Chapter 7 bankruptcy as an individual or as a business entity, you are expected to file for bankruptcy in good faith. In other words, whether you are filing for Chapter 7 bankruptcy as a sole proprietor or as a larger business like an LLC or a corporation, the U.S. Bankruptcy… Read More »

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The Dangers of Transferring Property Prior to Filing a Bankruptcy

By Tampa Law Advocates |

Are you considering filing for Chapter 7 bankruptcy in the Tampa Bay area, it is important to understand the dangers of transferring property prior to filing. Given that you are planning to file for liquidation bankruptcy, you are likely aware that you will only be permitted to retain property that is exempt. In other… Read More »

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How Does a Restaurant Close Down If It Wants to File for Chapter 7 Bankruptcy?

By Tampa Law Advocates |

If you are a restaurant owner in the Tampa Bay area and are planning to file for Chapter 7 bankruptcy, we know that you probably have numerous questions about how to begin the process of closing down your business. What will you do with perishable items? What are you supposed to do with the… Read More »

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Common Misconceptions About Chapter 7 Bankruptcy

By Tampa Law Advocates |

When you have significant debts that you just can’t pay, filing for Chapter 7 bankruptcy might be a good option to help get your financial life back on track. In the Tampa area, consumers with high credit card bills and piling medical debts file for personal bankruptcy everyday. Yet many Floridians have heard myths… Read More »

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Chapter 11 and Bank Account Garnishments in Florida

By Tampa Law Advocates |

Most businesses in the Tampa Bay area that file for Chapter 11 bankruptcy expect that they will benefit from the automatic stay connected to their bankruptcy filing. The automatic stay is designed to prevent creditors from taking any additional actions to collect on debt, and in most cases the automatic stay prevents any lawsuits… Read More »

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Protecting Business LLC Interests in a Personal Chapter 7 Bankruptcy

By Tampa Law Advocates |

Business owners in the Tampa Bay area often file for Chapter 7 bankruptcy. In some cases, those business owners have a sole proprietorship, which is a type of business in which company and personal financial assets are linked. In other words, the business is directly tied to the individual, and the individual’s personal debts… Read More »

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The HAVEN Act and Veterans Benefits in Bankruptcy

By Tampa Law Advocates |

For veterans in Florida who need bankruptcy protection and are considering filing for Chapter 7 bankruptcy, the prospect of passing the “means test” can be complicated and, in some cases quite difficult, given the way in which current bankruptcy law requires courts to consider certain veterans’ benefits as part of a veteran’s income. In… Read More »

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