attorney: What is bankruptcy in Florida? - 06/22/08 08:37 AM
Bankruptcy is a legal process which allows a person (a "debtor") who owes more money than he or she can currently pay to either: (1) reorganize the debtor's budget to repay a portion of their debts over time; or (2) to liquidate and have most debts forgiven ("discharged"). After a debtor has filed a case (a "petition"), creditors must stop all collection efforts against the debtor for a period of time, unless they get permission from the bankruptcy court to continue. This protection from collection efforts is referred to as the "automatic stay." A husband and wife may file a joint petition … (0 comments)

attorney: What does a deed in lieu of foreclosure mean mean in Florida? - 05/20/08 03:27 PM
If you have incurred a long term financial hardship and your house has been on the market (at fair market value) for at least 60-90 days, you may be eligible for a deed-in lieu of foreclosure.  To be considered for this option, you must complete a financial package and provide a copy of your recent active listing agreement. Also, there cannot be any additional claims or liens (other the mortgage) against the property. If you are approved for a deed-in-lieu, you will be giving up all rights to the property and the property will be conveyed to your investor. In exchange … (1 comments)

attorney: Will Chapter 13 Bankruptcy Stop Foreclosure in Florida? - 05/20/08 03:15 PM
A Chapter 13 can stop the foreclosure permanently. It may allow a delinquent borrower to pay back the delinquency and reinstate the mortgage, over a period of time, usually five years. A borrower must make a regular payment and part payment each month until the delinquency is caught up or cured. It is similar to a repayment plan or forbearance agreement, but Chapter 13 permits more time to pay back the delinquency. In a chapter 7, you will have to pay back the arrearages much quicker than 5 years, or the foreclosure will continue.

attorney: FORECLOSURE MYTH NO. 1: BEWARE THE SHORT SALE - 03/16/08 02:27 PM
FORECLOSURE MYTH NO. 1: BEWARE THE SHORT SALEConsumers may fear a short sale - selling their house for less than the mortgage - because of the tax consequences.But Tampa consumer justice attorneys Scott Stamatakis and Sami Thalji ( say short sales can be used as a tool to protect consumers from something far worse: losing their home and then having the foreclosure stick to their credit report.A foreclosure judgment is the worst thing that can happen to a person's credit and can be harder to correct then a bankruptcy.  The bank still has the right to obtain a deficiency judgment against … (1 comments)

STAMATAKIS + THALJI + BONANNO  Bankruptcy, Debt and Foreclosure Defense, Attorneys at Law (STAMATAKIS + THALJI + BONANNO )

STAMATAKIS + THALJI + BONANNO Bankruptcy, Debt and Foreclosure Defense

Attorneys at Law

Tampa, FL

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Address: 8751 North Himes Avenue, Tampa, FL, 33614

Office: (813) 282-9330

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