brandon bankruptcy attorney | Law Firm Newswire

Brandon, FL (Law Firm Newswire) March 20, 2013 – An estate in bankruptcy means any tax refund will likely become the property of the bankruptcy trustee. Many Floridians are looking forward to receiving an income tax refund from the federal government in the coming weeks and months. Some will use it to catch up on their bills, and others will perhaps treat themselves to something special. But anyone considering filing for bankruptcy in Florida should carefully consider what to do with their tax refund. Brandon bankruptcy attorney O. Reginald Osenton warned, “A pending tax refund for a person in bankruptcy […]


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Brandon, FL (Law Firm Newswire) November 12, 2012 – Divorce courts these days are seeing a lot fewer lawyers—and a lot more spouses choosing to represent themselves, a practice known as pro se. However, family attorneys warn that saving money on legal representation might cost people their rightful assets. “I am concerned that anyone getting divorced without legal representation may not be getting a fair deal when it comes to their financial concerns,” said O. Reginald Osenton, a Tampa bankruptcy lawyer. “In many cases, they may not fully understand their rights and remedies.” Bad economic conditions prevailing across much of […]


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Brandon, FL (Law Firm Newswire) November 5, 2012 – Debtors’ prisons have been generally outlawed in the United States since the mid-19th century. Recent reports show that legal distinction becoming blurred. The Constitution of the State of Florida, Section 11, states that “no person shall be imprisoned for debt, except in cases of fraud.” “Debt is a serious legal matter, but rightfully a civil matter, not a criminal one,” commented O. Reginald Osenton, a Brandon bankruptcy attorney. When a creditor takes a debtor to court in Florida, the creditor will likely ask the court to order the debtor to submit […]


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Brandon, FL (Law Firm Newswire) November 1, 2012 – It may sound like an exercise in despair to publicly declare one’s financial situation hopeless, but that is just what some people are doing in an attempt to rid themselves of stifling student loans. “Bankruptcy protection affords many people a measure of relief,” said O. Reginald Osenton, a Brandon bankruptcy attorney. “Student loan debt is usually not forgiven, but for truly desperate situations, there are strategies to consider.” Filing for bankruptcy protection can go a long way toward allowing a fresh start for those who find themselves in dire financial straits, […]


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Brandon, FL (Law Firm Newswire) October 18, 2012 – Fort Lauderdale Boat Club Ltd., recently filed for Chapter 11; the Boat Club had in excess of a reported $13 million in assets, with an estimated $10 million in liabilities. Investors purchased the site for $16 million in 2006. Losses of some $3 million in just a few years, much of which likely occurred in or about 2008 when the national economy began to collapse, appear to have been too difficult to overcome. Fort Lauderdale is home to numerous coastal areas, including many docks and residential slips for personal watercraft. Plans […]


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Brandon, FL (Law Firm Newswire) August 15, 2012 – The newly-created United States Consumer Financial Protection Bureau (CFPB) recommended to Congress that people be allowed to erase some of their student loan debt if they file for bankruptcy. However, even if the change is made, it may not bring the needed relief debtors want. “Filing for bankruptcy is a viable option for many people with unmanageable debt,” said O. Reginald Osenton, a Brandon bankruptcy attorney. “However, it is important for people to understand that not all student loan debt will be discharged.” The CFPB, created to protect consumers from unfair […]


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Brandon, FL (Law Firm Newswire) August 8, 2012 – Many people today find themselves in debt. Some are surprised when a company they never heard of buys their debt and then pursues an aggressive collection strategy, which may include harassing phone calls or filing a lawsuit against the debtor. Debt buying is legal, but some collection practices are not. “If you are being harassed by phone calls from debt collectors, you should know that the Fair Debt Collection Practices Act (FDCPA) protects you,” said Brandon bankruptcy attorney O. Reginald Osenton. “Fending off debt collectors is often one of the first […]


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Brandon, FL (Law Firm Newswire) February 29, 2012 – The Florida Supreme Court recently abandoned its efforts at a statewide mediation program for residential foreclosure cases. Lack of participation and low rates of loan modification meant the program was seen as unsuccessful. “It is not a shock that the courts decided to do away with this program,” said Tampa bankruptcy attorney Reginald Osenton. “There are a lot of people who would rather walk away from their house than sit across the table from a banker.” The program’s goal was to address the large number of foreclosures stacking up in the […]


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Brandon, FL (Law Firm Newswire) January 25, 2012 – If the housing market is not going to recover until the foreclosure backlog is absorbed, then it might be good news that lenders sent out notices to foreclose on almost 11,000 Florida homes in October – an 11-month high. The Miami area had the most with 4,193 and Tampa Bay and Orlando-Kissimmee each had more than 1,000, according to a RealtyTrac report. The Tampa Bay Times reported that bankruptcy filings were down most of 2011 and the Tampa Bay area’s filings were down 59 percent from a peak in October or […]


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Brandon, FL (Law Firm Newswire) December 30, 2011 – PolitiFact Florida recently confirmed that almost half of homeowners in the Sunshine State owe more on their mortgage than their houses are worth. The number – 46 percent – came from an October speech at the Democratic Party’s 2011 convention in Orlando. PolitiFact checked out the outlandish-sounding claim and found that, indeed 45.1 percent of Florida homeowners are “underwater” or owe more than they could sell their home for in today’s market. PolitiFact did its research through CoreLogic Inc. and Zillow.com. Those two companies get their real estate data from county […]


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Brandon, FL (Law Firm Newswire) November 30, 2011 – Struggling Central Florida homeowners have a new option to remain in their homes thanks to a program that has been successfully tested in Orlando federal court. By filing for Chapter 13 bankruptcy and participating in the new mediation program available in Orlando, some homeowners have been able to restructure their mortgages, lower interest rates or even reduce loans on homes that were overvalued, according to a story in the St. Petersburg Times. “Sometimes we have to make tough decisions and filing for Chapter 13 bankruptcy is not an easy one, but […]


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Brandon, FL (Law Firm Newswire) September 28, 2011 – Recent reports show that foreclosure filings are still affecting many people in Florida and Tampa Bay. In June and July, more than 6,100 people were given initial foreclosure notices. This shows an increase in foreclosures from previous months in 2011 and leads experts to warn about a second wave of foreclosures that could hamper local real estate values. The nightly local news has been showing that some foreclosures are due to homeowner association dues being egregiously past due, and the HOA wanting to take action. Other homeowners cannot legitimately afford to […]


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Brandon, FL (Law Firm Newswire) August 24, 2011 – Osenton Law Offices, P.A. in Brandon is pleased to announce Joshua Law as its new attorney concentrating in divorce and family law. Before joining the firm, he practiced at a Tampa law firm as an associate attorney where he gained expertise in family law, estate planning and criminal defense. He also previously worked with one of the biggest family law firms in the Orlando area. “Josh Law is a tremendous asset to our team with his dedication to getting the best outcome for every individual and family,” said Brandon bankruptcy attorney […]


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Brandon, FL (Law Firm Newswire) April 12, 2011 – Family law and bankruptcy attorney Laurel A. Tesmer, Esq. has received a lot of kudos lately. From her active role in Leadership Brandon this year to writing an article for the Hillsborough County Bar Association’s magazine, The Lawyer, she is an emerging star in the legal profession and her community. With the current dire state of the economy, Laurel A. Tesmer, Esq. and her colleagues at Osenton Law Offices, P.A., are fielding a lot of calls and consultations about what comes first – divorce or bankruptcy. “Today, many of our clients […]


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Brandon, FL (Law Firm Newswire) March 31, 2011 – Wealthy individuals and married couples will have two years – 2011 and 2012 – to give a minimum of $5 million to loved ones without having to pay gift tax. The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 created this tax break right before the winter holidays. Before then, individuals could only give $1 million tax-free, and it will transfer back to this amount in 2013. With this legislation, gift, estate and GST tax-free minimums are now unified. And tax rates for estate and gift taxes are […]


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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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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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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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