March through May of this year has been the busiest months for the U.S. Bankruptcy Court in the Middle District of Florida. Tampa\u2019s bankruptcy filings are only second to Orlando\u2019s in the region. As many individuals and families are still dealing with the down economy and deflated home values, bankruptcy becomes the only option to get a fresh start.<\/p>\n
The goal of most individuals in a bankruptcy is to eliminate all debt, except for those debts they wish to keep like a car loan or a mortgage. Dependent on a person\u2019s income, the chapter of bankruptcy will be determined. However, regardless of which chapter is used, some debts cannot be discharged. The most common non-dischargeable debts are:<\/p>\n
Taxes and fines, including ones you paid through a credit card March through May of this year has been the busiest months for the U.S. Bankruptcy Court in the Middle District of Florida. Tampa\u2019s bankruptcy filings are only second to Orlando\u2019s in the region. As many individuals and families are still…<\/span><\/p>\n
\nAlimony, child support, and other divorce decree debts
\nGovernment-backed student loans
\nDebts not properly listed in the bankruptcy petition
\nDebts caused by malicious injury, fraud, or DUI
\nCondo or co-op (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"