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PERSONAL BANKRUPTCYFILING FOR PERSONAL BANKRUPTCY IN FLORIDA
Debt can pile up quickly, and often times it may leave you feeling overwhelmed. Nasty debt col-lectors are always eager to call.
In Florida, consumers have many choices when it comes to filling for personal bankruptcy. It is important to understand the unique parameters, qualifications, advantages, and drawbacks that each type of personal bankruptcy involves.
If you have gotten behind with paying on your car, house, credit card, or any other financial ob-ligation, call us TODAY!
Trust our experienced legal professionals to help you navigate through the complex bankruptcy process, and find the best solution for your needs! Don’t let the bankruptcy process scare you! Let experienced legal professionals at Szabo Law Group, P.A. help you get your life back on track, and get out of debt.
We are happy to offer FREE Bankruptcy consultations, and explain how you can take action TODAY to eliminate debt and get a fresh financial start.
For your convenience, our Florida offices are located in Fort Lauderdale, Hollywood, Jacksonville, and Orlando.
CHAPTER 7 BANKRUPTCY
Chapter 7 bankruptcy is often referred to as a straight or liquidation bankruptcy. Chapter 7 bank-ruptcy in Florida allows consumers to get a fresh financial start by wiping out their personal debt, such as credit card and medical bills, past due car payments, and even various personal loan obli-gations.
CHAPTER 13 BANKRUPTCY
Chapter 13 bankruptcy in Florida allows you to reorganize all qualifying debt into a manageable structured affordable payment plan that will work for you. Some of the types of debt that are considered for this bankruptcy include: credit cards, medical bills, tax debt, personal loans, child support and other debts.
CHAPTER 11 BANKRUPTCY
You may be wondering whether a business bankruptcy filing, such as Chapter 11 bankruptcy in Florida, is the right choice for you. Business owners and entrepreneurs have the right to file bank-ruptcy and secure protection for their investments, which often times means saving their business from financial ruin.
FREQUENTLY ASKED QUESTIONS
SHOULD I FILE FOR CHAPTER 7, CHAPTER 13, OR CHAPTER 11 BANKRUPTCY IN FLORIDA?
This depends on the type and amount of debt you have, your financial means, and your inten-tions for repayment of the debt. Your attorney will evaluate your circumstance, and based on the “means test,” exemptions and numerous other factors determine your eligibility.
For help with choosing the appropriate type of bankruptcy for your unique situation, speak to a qualified attorney today.
CAN I FILE FOR CHAPTER 11 BANKRUPTCY AS AN INDIVIDUAL?
Yes. Chapter 11 bankruptcy is available to both, individuals and businesses alike. In fact, this type of filing may often be your only option if your total assets and income fall outside of the limits set by the courts for Chapter 7 and chapter 13.
Don’t let debt control your life! Speak to an experienced bankruptcy legal professional today to obtain the necessary guidance in navigating the Chapter 11 bankruptcy process.
CAN I KEEP MY PROPERTY IF I FILE FOR BANKRUPTCY?
In most cases, it will be possible for you to keep your home. However, this will depend on the type of bankruptcy you are filing and your individual circumstances. While Florida has a gener-ous homestead exemption, it’s still a good idea to consult with a bankruptcy attorney to find out if your house and other personal belongings can be exempted.