What are the effects of filing bankruptcy in Florida?
Other than the obvious advantage of saving ones personal finances rather than letting them get totally destroyed, it does have some lasting effects. Federal law allows credit agencies to list all of his or her bankruptcy filings in the preceding 10 years. While this does not necessarily destroy a credit rating, it can make it harder for a person to obtain a loan or credit card. Knowing this should not stop a decision for bankruptcy, because as many attorneys have noted over the years, people can achieve a measure of credit after as little as 18 to 36 months after the bankruptcy has been filed. Before filing bankruptcy in Florida, a Florida resident should consider other options available. Even mentioning a bankruptcy to a creditor can cause a change of heart because they stand to lose a lot in a bankruptcy case. Standard Legal Software Bankruptcy Legal Forms Software (Chapter 7 & Chapter 13). Bankruptcy Legal Forms Software (Chapter 7 & Chapter 13) Standard Legal’s Bankruptcy Software,
