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July 2018 Archives

Can you run up your credit cards before bankruptcy?

Here is the situation: you are ready to file for bankruptcy, but you see you still have room on a few credit cards before they reach their limit. You think to yourself, “If they are just going to wipe out all my debt, then what’s the big deal with charging them to the max now?” It may be an inevitable to think that way, however, the bankruptcy courts are well aware of this practice are already wise to these sorts of plans.

What kinds of living trusts are there?

As you're getting older, something you may want to consider is starting a living trust. A living trust is a trust that is created during your lifetime for the easy transfer of your assets. The trust allows your beneficiaries to bypass probate, which saves time and energy following your death.

ABA Defending Liberty Pursuing Justice American Bankruptcy Institute The Florida Bar 1950 CFAWL Criminal Florida Association For Women Lawyers Orange County Bar Association
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