Bankruptcy Attorney-Debt Relief Services
Bankruptcy is effectively used to stop a foreclosure sale, stop wage garnishment, stop harassing phone calls, modify your mortgage, lien strip a second mortgage, reduce car payments, eliminate certain taxes and of course reduce the entire debt liability and give the filer a fresh start.
Both Chapter 7 and Chapter 13 Bankruptcy will provide immediate and tangible relief to your financial problems via the automatic stay. The automatic stay is an umbrella of protection that immediately halts all debt collection including foreclosure proceedings. Once the bankruptcy petition is filed, one of the first things that people will mention is a complete sense of relief and happiness. Most clients say that after the bankruptcy petition is filed, that they had the most peaceful night of sleep that they have had in a long time.
Bankruptcy is a legal proceeding that is available to people that cannot pay their bills without help and need a fresh start. Almost everyone can qualify for a bankruptcy so the important question becomes is bankruptcy the right solution for your financial problems.
Bankruptcy can also restore or prevent termination of utility services such as electricity and water and gives you the ability to challenge claims of creditors that are false or more than you actually owe.
Our bankruptcy practice is designed to help you rebuild and give you the tools to plan a bright and prosperous future for you and your family. We provide a comprehensive approach to your situation and we will explore all of your options, even if that includes not filing bankruptcy. We promise a no-nonsense, straightforward, result oriented free consultation that is designed to meet your specific needs.
To determine if you qualify for bankruptcy in Florida, and if so, which chapter of bankruptcy is available and best fits your needs, please call our bankruptcy attorney today, or fill out a contact form so we can answer your questions.
Our Florida bankruptcy attorneys take the time to evaluate your situation and help you understand the difference between chapter 7 bankruptcy and chapter 13 bankruptcy. During your free consultation with our bankruptcy attorney we will also explore additional debt relief options and even bankruptcy alternatives so you can make an informed decision.
Chapter 7 Bankruptcy
Chapter 7 bankruptcies provide extraordinary debt relief options for those in need. A Chapter 7 bankruptcy is what many people think of when they think about bankruptcy and is also known as a liquidation bankruptcy. Like all consumer bankruptcies in Florida, a chapter 7 bankruptcy will provide immediate relief for all debt collection, lawsuits, wage garnishment and even vehicle repossession. However, a Chapter 7 bankruptcy is income based (with certain exceptions) and only your exempt assets are protected from the bankruptcy trustee. To determine if you qualify for a Chapter 7 bankruptcy, speak with our bankruptcy attorney today. Simply call our office and take advantage of the experience and knowledge of our bankruptcy attorneys to determine if a Chapter 7 bankruptcy fits your needs.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy may be the best debt relief tool available today. A Chapter 13 bankruptcy may allow you to restructure secured debt, such as your mortgage, strip off liens on your homestead property, and even lower your car payments. You may qualify for a Chapter 13 bankruptcy even if your household income is higher than the Florida median income and you have assets that are over and above the current exemption amount. Click the following link for a more in depth look at the many benefits of a Chapter 13 bankruptcy. Call our office or fill out our quick contact form and a Chapter 13 bankruptcy attorney will answer all of your questions and provide you with a free case evaluation.
Bankruptcy and Foreclosure
If you are facing foreclosure, bankruptcy might be your best option. The filing of a bankruptcy will stop the foreclosure process and give you time to determine your next steps. The ability to stop the foreclosure process provides many advantages to homeowners.
The most obvious is that filing a bankruptcy not only buys you time, but it also provides the tools needed to permanently resolve your foreclosure. A Chapter 7 will prevent a deficiency judgment, while a Chapter 13 may allow you to restructure your mortgage and completely remove a second mortgage.
Another way bankruptcy can solve your home foreclosure is through the bankruptcy mediation process. Anyone that has tried to deal with the bank regarding a loan modification knows how frustrating and useless the loan modification process can be. However, bankruptcy can force the bank to the table and you can finally get some answers.
Bankruptcy and Debt Relief
Of course the traditional purpose of bankruptcy, both Chapter 7 and Chapter 13, is for overall debt relief. Both Chapter 7 bankruptcy and Chapter 13 bankruptcy are effective in dealing with wage garnishments, credit card collections or lawsuits, and cleaning up your credit and overall financial situation. A Chapter 13 bankruptcy can even help with IRS tax debt and student loans. Bankruptcy is often the best, most effective and efficient way to deal with all of your debt problems once and for all.
How Long Does Foreclosure Take in Florida?
The short answer is it depends. Many factors determine how long a foreclosure takes in Florida. This answer may be different depending on which county the lender filed the foreclosure suit and the steps you take within the first 20 days of being served. For example, how long a foreclosure takes in Pasco County tells us nothing about how long a foreclosure takes in Hillsborough County, even when the facts of the case are identical.
The good news is that you have some control over how long the foreclosure process takes in your case. No matter what your ultimate goal, our foreclosure defense attorneys will help you reach that goal.
If you need more time in the property, or to explore a strategic default, a loan modificaion, or even to strip a second mortgage via a bankruptcy we can help. No matter what you situation you owe it to yourself and your family to make an informed decision that not only addresses your foreclosure case, but also protects your future. Our foreclosure attorneys utilize a Four Step Debt Relief analysis to identify the best foreclosure defense strategy for you.
How much time do you have? Click here to find out.
How Long Does Foreclosure Take