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 Schwede
Instagram: https://www.instagram.com/benthecreatorrr/

0:00 Intro
1:37 How She Became a Bankruptcy Attorney
3:20 2008 Crisis
4:24 Craziest Case from the 2008 Crisis
7:19 The Relief of Bankruptcy
8:10 How to Know If You're Close to Bankruptcy
9:57 Types of Bankruptcies
11:42 How Does Payment for a Bankruptcy Attorney Work
13:38 How Does the Process Work
15:58 What's Worse - Bad Credit or No Credit?
18:24 Credit Consolidation
19:18 When You Should Consider Bankruptcy
20:11 Garnishments
21:03 Posting Lifestyle Content While Filing for Bankruptcy
22:42 Which Debt You Cannot Avoid?
24:24 How Long Does the Process Take
26:06 What Demographics File for Bankruptcy the Most
26:44 Embarrassment
27:46 Exemptions During Bankruptcy
30:12 Biggest Mistakes
31:50 Average Credit Score
32:17 Can You File More than Once?
33:14 7-Year Period
34:27 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 Divorce
39:29 Top 3 Restaurants
41:17 Outro