Posted by Walter Benenati | Benenati Bankruptcy
For many people, discharging student loan debt in bankruptcy has seemed like an impossibility. The fact that you could successfully complete a bankruptcy case and walk away still on the hook for the biggest category of debt you owe is enough to keep some borrowers from filing at all. Student loan debt is a nationwide …
Continue reading "2020 Ruling Gives Hope For Discharging Student Debt in Bankruptcy"
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Tax season is officially here, and most taxpayers are eligible for some big savings. To get the most out of your tax return, it is important you know the tax credits available to you to help maximize your tax refund. If you earn less than $69,000 annually, you can file your taxes for free via …
Continue reading "Tax Season Is Here: Important Tax Credits that Can Maximize Your Refund"
Read MorePosted by Walter Benenati | Benenati Bankruptcy
If you are struggling to make your monthly mortgage payments and facing foreclosure, you may feel like there is no way out. A sudden illness, divorce or job loss can cause a person to fall months behind on their bills and enter a cycle of debt. The debt cycle is propelled by the person continuing …
Continue reading "Can filing for bankruptcy save your home from foreclosure?"
Read MorePosted by Walter Benenati | Benenati Bankruptcy
We all know the old saying that if something sounds too good to be true, it likely is. That saying could not ring more true when it comes to debt settlement companies. Many of our clients come to us with multiple credit card accounts, struggling to afford the minimum payments. Out of the blue, they …
Continue reading "The Pitfalls of Debt Settlement"
Read MorePosted by Walter Benenati | Benenati Bankruptcy
The U.S. Bankruptcy Court for the Middle District of Florida announced in an administrative order issued on June 10, 2019, a program that will help borrowers who are struggling to pay their student loans receive relief as well as save their jobs and professional licenses. It is hard to believe that failure to pay student …
Read MorePosted by Walter Benenati | Benenati Bankruptcy
The American Bankruptcy Institute’s (ABI) Commission on Consumer Bankruptcy released its final report that included recommendations on improving the consumer bankruptcy system. Most importantly, are proposed changes to student loan debt in bankruptcy. The statistics do not lie. Among the Class of 2018, 69% of college students took out student loans, and they graduated with …
Read MorePosted by Walter Benenati | Benenati Bankruptcy
When someone is facing the possibility of bankruptcy, the idea of coming up with the money to ‘pay for bankruptcy’ can seem like a stretch. This dilemma struck a Harvard sophomore to come up with a seemingly ideal solution: An online tool that “generates your bankruptcy forms and gets them reviewed by a lawyer for …
Continue reading "The Dangers of “Do It Yourself” Bankruptcy Software"
Read MorePosted by Walter Benenati | Benenati Bankruptcy
There are many myths surrounding bankruptcy, and as a bankruptcy attorney I have heard them all. But I can tell you that most of these are, in fact, just lies and misconceptions. Lies that are designed to scare people from getting rid of their debt and getting the financial help they so desperately need. Clients …
Continue reading "10 Common Bankruptcy Myths – Disproved!"
Read MorePosted by Walter Benenati | Benenati Bankruptcy
If you are facing a financial crisis, applying for a personal loan may seem like a good option for getting out of debt. If you have already taken this route, you’re not alone. According to new data from the credit reporting agency, Experian, personal loans are the fastest growing category of consumer debt. Clients that …
Continue reading "Personal Loan Debt Reported as the Fastest Growing Consumer Debt in 2018"
Read MorePosted by Walter Benenati | Benenati Bankruptcy
When it comes to debt, the effects of it do not discriminate. Struggling with debt is debilitating no matter what age you are. Living with the reality of not being able to afford necessities, let alone pay off mounds of credit card debt, can make you feel like you are drowning. More than ever, I …
Continue reading "Help for Seniors Struggling with Credit Card Debt"
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