Consider Your Options Before Filing For Bankruptcy In Florida
March 22, 2023
According to the United States Courts, the Middle District of Florida had the highest number of bankruptcy filings among all the districts in Florida in 2021. Middle District of Florida had 36,786 total filings (26,047 Chapter 7 filings, 10,080 Chapter 13 filings, 659 Chapter 11 filings), Southern District of Florida had 18,058 total filings (12,187…
An Alternative To Bankruptcy In New York
March 22, 2023
According to the United States Bankruptcy Court for the Southern District of New York, which includes Manhattan, the Bronx, and Westchester County, the total number of bankruptcy filings in 2020 was 6,942. As of September 2021, the total debt of New York State was approximately $70 billion. This includes both general obligation debt and outstanding…
Bankruptcy In Arkansas: The Alternative To Consider
March 21, 2023
In 2020, there were a total of 10,020 bankruptcy filings in the state of Arkansas, according to statistics provided by the United States Courts. Of those, 8,908 were filed under Chapter 7 bankruptcy, 1,065 were filed under Chapter 13 bankruptcy, and 47 were filed under Chapter 11 bankruptcy. In 2021, the average debt in Arkansas…
How to Get Out of a Merchant Cash Advance Loan
March 21, 2023
The Cons Of Merchant Cash Advance Loans Before getting started, let’s have a look at why Merchant Cash Advance Loans should be avoided, if at all possible. Merchant cash advance loans, also known as MCAs, are a type of financing in which a lender advances a lump sum of cash to a business in exchange…
Debt Settlement: An Alternative To Bankruptcy For Arizona Residents
March 21, 2023
According to the United States Courts, which tracks bankruptcy statistics by state, Arizona 11,964 bankruptcy filings in 2021.According to the Federal Reserve Bank of New York, which tracks household debt statistics by state, as of the second quarter of 2021, the average household debt in Arizona was $50,184. The types of debt that households in…