Tampa Bay Bankruptcy Center, P.A.

If you file for bankruptcy protection, will the bankruptcy trustee take your child’s bank account to repay your creditors? The answer to this question depends on how the bank account was set up. If the bank account was set up…more

If you receive an inheritance, what does the bankruptcy law say about it? More specifically, if you are given an inheritance after you file for bankruptcy what happens to it? The bankruptcy code has different ways of treating…more

The cost of medical care in terms of both treatment and medication has pushed many people into bankruptcy. About 60% of those who file for bankruptcy protection do so because of insurmountable medical expenses debt. If you are…more

Medical costs continue to skyrocket. The costs are made higher if you have to go for follow-up treatment or consume ongoing medication. And if your case involves major surgery, it can cost six figures. All this is enough to put…more

For most of us, a car is a necessity. Very few people can survive in an urban setting without a car in the 21st century. At the same time, most people own a car through obtaining a car loan. If you fall behind in your car loan…more

If you are a married couple thinking of filing a bankruptcy petition, there are some considerations you should bear in mind before doing so. You may opt either to file a petition jointly as a couple or separately as individuals…more

If you are under bankruptcy protection or considering filing a bankruptcy petition, you may be wondering how long the whole process would take. Well, the answer to that largely depends on which chapter of bankruptcy you file…more

If you wish to file for bankruptcy, there are two options for you as an individual. Both have their pros and cons and which is better suited for you depends on your circumstances. The two options are Chapter 7 and Chapter 13…more

As a prerequisite for filing for bankruptcy, you have to take up a course that gives you credit counseling. This applies to both Chapter 7 and Chapter 13 bankruptcy. Once you complete this credit counseling class, you would be…more

Filing for bankruptcy should not be something you take lightly. Filing for bankruptcy will entail a lot of work and discipline, not to mention have an effect on your credit rating for a number of years. It may affect your…more

Tax season has just ended and if you are expecting a refund while intending to file for bankruptcy (or already have done so), you may be wondering how your bankruptcy would affect your tax refund. It is common to receive a tax…more

Once you file for bankruptcy protection, an automatic stay on all collection efforts by creditors comes into immediate effect. This gives you the opportunity to proceed with the bankruptcy process without disturbance or…more

The last thing you want after exiting bankruptcy is to get into financial problems again. You might think it is common sense that he who has recovered from drug addiction should not go back to taking drugs. But sometimes with…more

Bankruptcy can eliminate a host of debts that you are genuinely unable to pay, ranging from credit card debts, medical bills etc. But you have probably heard that income tax debt cannot be discharged by bankruptcy. However, this…more

If you are a small business owner over your head in debt, you might want to consider filing for bankruptcy protection to overcome your financial problems. The type of bankruptcy that suits you depends on a few factors such as…more