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News from Roberts Law

What is Automatic Stay in Bankruptcy?

What is Automatic Stay in Bankruptcy?

THE AUTOMATIC STAY PROTECTION START WHEN THE CASE IF FILED  The automatic stay is a prohibitive injunction that prevents collection efforts by creditors after the filing of a bankruptcy case. In plain English, this stay legally prevents creditors from calling,...

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Wind Up: Closing your Business

Wind Up: Closing your Business

During tough times, many business owners decide to wind up their existing business to move onto other opportunities rather than keep operating a business at a loss. Some reasons for closing or winding up a business may include, but are not exclusive to, the following:...

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What is the Bankruptcy Discharge?

What is the Bankruptcy Discharge?

A bankruptcy discharge is the goal of any bankruptcy filing and is entered at the end of the case. The discharge releases the debtor from the specific types of debts that were included in the bankruptcy and where a creditor received notice of the case. The order of...

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What are Bankruptcy Exemptions?

What are Bankruptcy Exemptions?

Bankruptcy exemptions protect the debtor’s, the person filing bankruptcy, assets. So think of the exemptions available in your state as a magic invisibility cloak that takes that assets, or a portion of the value of an asset, out of consideration when the trustee is...

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When Divorce and Bankruptcy Collide

When Divorce and Bankruptcy Collide

Divorce and bankruptcy are very difficult proceedings on their own. When a soon to be ex-spouse unexpectedly files bankruptcy in the middle of a messy divorce, “what next?” is the question on everyone’s lips. Even the most seasoned divorce attorneys question what they...

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Bankruptcy or Bailout for your Adult Child?

Bankruptcy or Bailout for your Adult Child?

                 Parents are often forced to weigh out the costs and benefits of bankruptcy versus financial bailout for their adult child. Unfortunately, most schools do not provide classes that teach practical life skills, like financial literacy and managing money....

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Overview of Medical Marijuana in Florida

Overview of Medical Marijuana in Florida

Legalization in Florida        The green rush started in California in 1996 with the legalization of medical cannabis. In 2014, Florida dropped into the wave of states legalizing cannabis when the Florida Legislature enacted its first cannabis law, the "Compassionate...

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