Nowack & Olson, PLLC

10/17/2026

Dude, Where’s My Emergency Fund?

Contact Nowack & Olson, PLLC in Plantation, Florida to discuss your case.

10/16/2026

If a family member, spouse, or friend co-signed a debt, bankruptcy requires an extra layer of planning.

A bankruptcy discharge generally addresses your personal liability for qualifying debt. It does not automatically erase a co-signer’s contractual responsibility.

There are also important differences between Chapter 7 and Chapter 13 when it comes to protections involving consumer debts owed with another person.

Before filing, identify every account with a co-borrower, guarantor, or co-signer. Those details can matter to the strategy of the case.

Learn more at floridabankruptcynow.com

10/15/2026

Rich in Optimism, Poor in Cash

Contact Nowack & Olson, PLLC in Plantation, Florida to discuss your case.

10/13/2026

Pinching Pennies in the Post-Penny Era

Contact Nowack & Olson, PLLC in Plantation, Florida to discuss your case.

10/12/2026

One of the biggest bankruptcy misconceptions is that filing automatically means surrendering everything you own.

For a vehicle, several factors matter: how much the car is worth, how much you still owe, whether payments are current, available exemptions, and whether you’re filing Chapter 7 or Chapter 13.

In some cases, keeping the vehicle may be possible. In others, bankruptcy may provide different ways of addressing the underlying debt.

The key is evaluating the numbers before making assumptions about what you’ll lose.

Learn more at floridabankruptcynow.com

10/09/2026

How to Save Money on Interest

Contact Nowack & Olson, PLLC in Boca Raton, Florida to discuss your case.

10/09/2026

A creditor lawsuit doesn’t necessarily mean you’re out of options.

When a bankruptcy case is filed, the Automatic Stay generally takes effect and stops many collection activities. Depending on the circumstances, that can include collection lawsuits, garnishments, collection calls, and certain foreclosure actions.

But the Automatic Stay has exceptions, and timing can matter—especially when a lawsuit or collection action is already underway.

Understanding what bankruptcy can and cannot stop is an important part of deciding what to do next.

Learn more at floridabankruptcynow.com

10/08/2026

How Affordable Are Affordable Housing Units?

A South Florida debt lawyer can help you discharge your debts or improve your credit score to help you apply for affordable housing. Contact Nowack & Olson, PLLC in Plantation, Florida to discuss your case.

10/07/2026

Two people can have similar amounts of debt and still need completely different bankruptcy strategies.

Chapter 7 generally focuses on discharging qualifying debts, while Chapter 13 uses a court-approved repayment plan that typically lasts three to five years.

Income, assets, secured debts, arrears, and long-term goals can all affect which chapter may be available or appropriate.

The chapter you file under isn’t a minor detail—it shapes the entire case.

Learn more at floridabankruptcynow.com

10/06/2026

Settling Your Tax Debts

Contact Nowack & Olson, PLLC in Boca Raton, Florida to discuss your case.