Posts

What to Expect from 2021 Bankruptcies

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 Chapter 7   Bankruptcy: from 2020 - 2021 Despite a record year for jobs lost in 2020, Chapter 7 bankruptcies were 30% lower than they were in 2019. Although this had many economists puzzled, the explanation is becoming more clear. As a Professor at Harvard's School of Business predicts, many households found their savings at an all-time-low and could not afford the court filing fees that comes with filing for bankruptcy.  With my experience as a bankruptcy attorney for over 22 years, this is very worrisome. When people are overwhelmed by debts and bills, they will often try their best to make payments, even if it means consolidating most of their income for this use. However, in many cases, this is still not enough and they will find themselves in even more debt than they were before.  At the end of the day, bankruptcy is a financial planning tool that is available to the public to help them out of these difficult situations. In many cases, it is more effective to use the extra f

What Can I do about my Credit Card Debt?

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  Stressed about Credit Card Debt? Credit card debt is easy to collect but difficult to get rid of, especially in challenging times. Many credit card companies can make you feel like you don't have options, but The Tancredo Law Firm seeks to help you better understand and take advantage of your consumer rights.  Harassment : If you are currently being harassed by a credit card company, we can bring this kind of contact to a halt; this is one of the main complaints our clients tend to have.  Debt Amount : Believe it or not, our attorney can reduce the debt amount in particular circumstances by negotiating on your behalf.  We have helped hundreds of clients with debt over the past 20 years, and make the process smooth and easy to understand. Contact our office for a free consultation to see how we can get you your fresh start. 

Your Options for IRS Liens or Back-Owed Taxes

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Benjamin Franklin once said that the only 2 things we are guaranteed in life are death  and taxes . While the statement seems gloomy, it has held true over the centuries, even in the most uncertain times of 2020.  The Internal Revenue Service, or IRS, can be intimidating to many people, but not for The Tancredo Law Firm. In fact, we  may have  several solutions to this problem that will provide you relief.     It is time to stop the worry and the stress that comes when you see the IRS letters and take back your life. The IRS offers several programs that can help resolve your tax issue.   These programs may remove the tax lien, stop the accumulation of penalty and interest, provide an affordable monthly payment, and bring financial peace to your life. I have been working with individuals for more than 20 years addressing these financial issues and  I am here to help you.   Call my office today at (813) 659-3612 and we will schedule an in-office or virtual appointment to get your t

The Solution to Student Loans

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 If you have accrued significant student loans debt, you are not alone. In fact, there is approximately $1.5 trillion in federal student loan debt as of 2019 and many people find themselves stressed out with little viable options on how to pay the loans off.  However, it is not always as difficult or unreasonable as lenders make it seem. When you hire an attorney to help resolve these difficulties, there are various outcomes that can occur.  The Tancredo Law Firm helps clients negotiate student loan amounts and helps to implement a more reasonable payment plan for applicable situations. As a consumer you have rights, even if you don't know about them yet. A brief consultation with our attorney can help establish where you stand and the best course of action to help get you where you want to be.  Education should not cause unnecessary stress; but if it is, our firm can help you. 

How a Seal & Expungement Can Change Your Life

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We've all made mistakes, but some tend to stick to us. Many people who have a misdemeanor or minor criminal infraction can have trouble applying to jobs or making a good impression due to this mistake.   However what most people don't know that with the assistance of an attorney it is possible to get this mark on your record sealed and/or expunged. No matter where you are in Florida, The Tancredo Law Firm can handle this process for you. When a record is sealed & expunged, it can either be hidden from the general public or completely removed depending on the circumstances. To learn if you're applicable for this action, contact our office at (813) 659-3612.  We love helping clients ace job interviews, first dates, and many more of life's hopeful activities without past misunderstandings getting your way. 

The Most Common Bankruptcy Myths

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Bankruptcy is not what you think. Society often categorizes this legal process as something bad, complex, or impossible to recover from. However, all of our clients feel relieved after the process is finished and are quickly off to a financial fresh start. Although bankruptcy isn't something that most individuals want to discuss, it's always better than leaving debts unpaid while struggling to keep up with your monthly expenses.  Here are some of the most common myths when it comes to bankruptcy: 1. Filing for Bankruptcy means that I Failed - NOT True! Our founding fathers recognized the necessity of bankruptcy, which is why it's mentioned in the US constitution.  Additionally, many studies have found that it's often external issues that are out of a consumer's control that puts them in these financial situations.  2. I'll lose everything if I File - NOT True! With state exemptions, many clients are able to keep most of their assets. Our firm in particular wor

NEWS: Mortgage Relief for those Affected by COVID-19

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Do you have a federally-backed home loan?   The mortgage moratorium has just been extended through the end of this year - December 31st, 2020. The CARES Act applies to homeowners who have federally-backed loans through the following agencies: Fannie Mae or Freddie Mac (there are look-up tools on each of these websites to help you find out if you have a federally-backed loan.) VA  FHA USDA The CARES Act provides two types of relief: right to a forbearance and the foreclosure moratorium . In order to obtain a forbearance, or the temporary suspension of the borrower's duty to make full mortgage payments, you must get the servicer of your loan to agree to this forbearance. You can submit this request if you have directly or indirectly been financially affected by COVID-19. Once you have proven your COVID-related financial hardship, the forbearance must be granted.