Bankruptcy Law | Law Firm Newswire - Part 7

Brandon, FL (Law Firm Newswire) March 17, 2011 – Personal bankruptcies increased to nine percent in 2010, affecting more than 1.5 million people. With estimates showing that in 2011 families and individuals will still be battling with high debts, stagnant job and income growth, it is hard to know which way to go with bills piling up. TV and newspaper ads hawk the benefits of debt settlement one minute and bankruptcy the next. Debt settlement agencies negotiate directly with creditors to try to reduce debts for unsecured debt like personal loans, credit cards and medical bills, but not secured debt. […]


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Des Moines, IA (Law Firm Newswire) March 2, 2011 – Credit seems to be easy to get to pay bills, but once that albatross gets out of control, the borrower realizes they are in deep debt with no way to get out. “There are ways to handle debt and get control back over your life,” said Kevin Ahrenholz, an Iowa bankruptcy lawyer. “While it may seem like a daunting task, if you break it up into smaller steps, it’s often quite manageable. As always, I encourage people to contact our offices if they need help and information about filing bankruptcy […]


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Des Moines, IA (Law Firm Newswire) February 22, 2011 – Depending on the state in which one lives, there may be access to state or federal exemptions when bankruptcy is declared. Some states opt for federal exemptions, while states like Iowa opt out and provide state exemptions. “Filing for bankruptcy means that you have certain exemptions. In a nutshell what that means for you is you are allowed to keep a certain amount of your assets, meaning they are untouched. This means you have the ability to start over again and not be caught up in the vicious circle of […]


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Brandon, FL (Law Firm Newswire) February 8, 2011 – Brandon attorney Laurel Tesmer recently was accepted as a member of the Leadership Brandon Class of 2011. Tesmer is an attorney at Osenton Law Offices, P.A., with offices in Brandon and Lakeland, Florida. Her practice concentrates in family law, bankruptcy, estate planning, civil litigation and other matters. Leadership Brandon is hosted by the Greater Brandon Chamber of Commerce. It is designed to assist leaders of the Brandon community in perfecting their leadership skills while learning about the issues affecting the community. Each month the class has a day-long session. This month […]


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Brandon, FL (Law Firm Newswire) February 4, 2011 – On February 12, the attorneys and staff of Osenton Law Offices, P.A. will host its annual Cars, Bars & Cigars Party. The event is held each year to celebrate the start of the racing season on the night of the Budweiser Shootout race, a prelude to the Daytona 500. The Shootout is a major race between the 12 drivers that qualified for the 2010 Chase for the NASCAR Sprint Cup, past NASCAR Sprint Cup Series champions, past Budweiser Shootout, Daytona 500, and Coke Zero 400 champions, as well as all of […]


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Des Moines, IA (Law Firm Newswire) February 3, 2011 – Most people think that if they declare bankruptcy they can never get mortgage refinancing. That is not the case, as it is possible to obtain a mortgage loan after bankruptcy. “A lot of people do not realize that they can get mortgage refinancing after bankruptcy. In fact, there are a variety of options. One of them is using a qualified attorney who specializes in helping borrowers to file that kind of paperwork. It is a good idea to have a skilled bankruptcy lawyer on your side, as they help mediate […]


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When considering personal bankruptcy, most people consider Chapter 13 and, even more so, Chapter 7. But there is another popular chapter, too: Chapter 11. Tampa, FL (Law Firm Newswire) October 27, 2010 – “Although originally intended for businesses, individuals can be required to file for this chapter if their debt exceeds the limits of Chapter 13 bankruptcy,” said Tampa bankruptcy lawyer, Reginald Osenton of Osenton Law Offices in Brandon, Florida. Currently, the limits of Chapter 13 bankruptcy are $1,081,500 for secured debt and $360,525 for unsecured debt. The threshold changes every three years in proportion to the Consumer Price Index. […]


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Consumer bankruptcy filings for the first half of this year are currently at record levels. There is evidence to suggest that a good number of these scenarios include divorce situations where a spouse is receiving or paying for child support and/or alimony. Tampa, FL (Law Firm Newswire) October 11, 2010 – “Child support payments and spousal support payments generally cannot be discharged in bankruptcy,” said Tampa bankruptcy lawyer Reginald Osenton of Osenton Law Offices in Brandon, Florida. “This means that a parent who owes child support cannot usually escape meeting those obligations, no matter whether it is Chapter 7 or […]


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