Bankruptcy Attorney Explaining What Nobody Talks About | Cristina Ortiz

Bankruptcy attorney Cristina Ortiz joins us to break down everything Miami residents need to know about debt, bankruptcy, and financial recovery. She walks us through the different types of bankruptcies, how to know when you're getting close to the edge, what the process actually looks like, and why filing for bankruptcy can be a relief rather than a defeat.We also get into credit repair scams, garnishments, exemptions, the 7-year period, filing before a divorce, the biggest mistakes people make, and what demographics are filing the most right now. Plus her craziest case from the 2008 crisis and whether her business is booming in today's economy.If you're struggling with debt in Miami — this episode could change your situation.Manny Alfonso:Instagram: https://www.instagram.com/mannyalfonso8/Kiko Suarez:Instagram: https://www.instagram.com/querikoconkiko/Eduardo Moya:Instagram: https://www.instagram.com/mr_moya/Follow Us! - A Day in Miami:Instagram: https://www.instagram.com/adayinmiami/Listen on Spotify:https://open.spotify.com/show/20WEys6jxiliBCLoo9iSID________________________Produced by: Ben SchwedeInstagram: https://www.instagram.com/benthecreatorrr/0:00 Intro1:37 How She Became a Bankruptcy Attorney3:20 2008 Crisis4:24 Craziest Case from the 2008 Crisis7:19 The Relief of Bankruptcy8:10 How to Know If You're Close to Bankruptcy9:57 Types of Bankruptcies11:42 How Does Payment for a Bankruptcy Attorney Work13:38 How Does the Process Work15:58 What's Worse - Bad Credit or No Credit?18:24 Credit Consolidation19:18 When You Should Consider Bankruptcy20:11 Garnishments21:03 Posting Lifestyle Content While Filing for Bankruptcy22:42 Which Debt You Cannot Avoid?24:24 How Long Does the Process Take26:06 What Demographics File for Bankruptcy the Most26:44 Embarrassment27:46 Exemptions During Bankruptcy30:12 Biggest Mistakes31:50 Average Credit Score32:17 Can You File More than Once?33:14 7-Year Period34:27 Who Would be Affected Most by a Crisis Like in 2008?35:52 Is Her Business Booming Now?37:13 Filing for Bankruptcy Before a Divorce39:29 Top 3 Restaurants41:17 Outro