Sherry Ellis Blog - Sherry Ellis Law, PLLC (941) 363-0800

Did you know that the Bankruptcy Court for the Middle District of Florida will be the first bankruptcy court in the Country to roll out a program designed to help borrowers repay student loans in a bankruptcy?

As of October 1, 2019, the US Bankruptcy Court for the Middle District of Florida will begin to offer a modification program within the bankruptcy to help borrowers negotiate and reduce the amount of their student loan payments. Student loans are still non-dischargeable under the

Share
This

The reason the GoodRx.com prescription discount card is worth looking into is: 1.) You can use this card for discounts up to 80% on most prescription drugs at over 70,000 U.S. pharmacies. 2.) Every member of your family is included, even the smaller fury ones. 3.)No expiration, no fees, no obligations and NO credit card required. Many of my Bankruptcy clients are not aware of this card, so check it out.

Share
This

Medical debt is the number one reason people have to file a Bankruptcy. I have blogged this before but it is so important, that it is worth repeating. Prescription drugs are off the charts! If you are not paying the rock bottom price, a GoodRx prescription card may be the answer. Even for your pets.

Share
This

Over 44 million Americans have unpaid student loans totaling more than $1.5 trillion. Many student loan borrowers file bankruptcy cases due to financial difficulties they encounter in repaying their student loans. In order to facilitate the consensual resolution of student loan issues for the benefit of debtors and lenders and to avoid litigation, effective October 1, 2019, the United States Bankruptcy Court for the Middle District of Florida prescribes the following district-wide program for debtors and their student loan lenders to seek repayment options through a student loan management program (“SLM” or “SLM Program”).

Visit the Middle District of Florida United States Bankruptcy Court home page: flmb.uscourts.gov to view the administrative order. http://pacer.flmb.uscourts.gov/administrativeorders/DataFileOrder.asp?FileID=88

Share
This

National debt levels: Between 2010-2020 age cohorts 65-69 will have jumped 35% over 10 years ago.

Share
This

Facebook’s crypto loses support, dealt with another blow.

https://www.bbc.com/news/business-50037223 Facebook’s ambitious plan for a global cryptocurrency keeps being hit by hurdles. A recent report by a G7 taskforce, along with the Financial Stability Board and the International Monetary Fund, says that such currencies should not operate until “risks are adequately addressed”. Facebook, which

Share
This

Federal Student Loan borrowers escape the credit constraints other borrowers are bound by and therefore student loans swelled during the Great Recession, when other types of debt contracted. 2008-2018, the avg. balance per student loan borrower grew at 5% per year, even surpassing the rapid growth in tuition. https://libertystreeteconomics.newyorkfed.org/2019/10/who-borrows-for-collegeand-who-repays.html

Share
This

When consulting with a Bankruptcy Attorney, present the door knob comment first, not last.

I’m never really sure what Bankruptcy clients like to read in blogs. Is it case law, the code or practical matters? Well, this is a practical matter I want to share but it is important. Clients often visit with me in my office for a

Share
This

The Sarasota County Bar Association’s 2019 Installation Dinner on Wednesday, September 18 at the Sarasota Yacht Club. The evening honored this year’s award recipients, and welcomed 72nd president, Drew Clayton, and the 2019-2020 officers and directors of the Sarasota County Bar Association and the Young Lawyers Division.

Share
This

How do I obtain information about a Bankruptcy case filed in the Middle District of Florida?

You can visit the courthouse and view a file between the hours of 8:30am and 4:00pm, Monday through Friday. You can also access information for the Middle District of Florida, toll-free at 1-866-222-8029 # 91. Information about a case may be obtained by providing the

Share
This

Recent Posts