You Have the Constitutional Right to a Financial Fresh Start
Bankruptcy should be your first consideration when facing any kind of financial distress in your life because it is the easiest, most cost-effective opportunities to protect your right to a financial fresh start. Call us today to understand what your options and opportunities for taking advantage of bankruptcy laws are.
Am I eligible to file for bankruptcy?
Anyone can qualify for bankruptcy. If you are having financial problems, we can find the right Chapter Bankruptcy case for you. There are some things that we look at, such as how many assets you have (what it is that we have to protect) and how much money that you make. This will not keep you out of a bankruptcy, but there is a process of limited restitution, where your income could provide you with the opportunity for a restructured repayment program to help keep and manage your assets down the road. Everyone has the opportunity to use these laws to restructure their debt. To learn more about your options, contact us today!
Do I have to wait to file bankruptcy after a prior discharge?
Believe it or not, no. You are almost eligible for a bankruptcy immediately upon discharge of your prior case. There are circumstances where you would want to file as early as a year after the prior discharge. Call us today to tell us a little about your case and learn the best option for you.
If my spouse files for bankruptcy, will I need to as well?
One of the factors that we are always looking for is who is obligated to which debt. Many times, we will have only the individual who has incurred the obligations, especially if they are through a business, and we are able to put them through the bankruptcy process while protecting the interests of the other spouse. However, sometimes it is really beneficial to have both people in the bankruptcy at the same time to take care of all the obligations at once and free both parties from their financial obligations.
What can bankruptcy do for me?
One of the really brilliant opportunities that bankruptcy offers is the opportunity to take care of all your financial obligations. There are some exceptions to this, student loans for example. Most unsecured debt (credit cards, medical bills, etc.) should be discharged. If you are behind on things like your house or your car, we can help make sure that you are able to keep them. If you would like to discuss the details of your personal situation, we encourage you to call us today to schedule a consultation.
What can bankruptcy do for my credit score?
What can bankruptcy do for your credit score? What our attorneys want to do is help make you credit worthy again. Call us today to speak to an attorney about bankruptcy and your credit.
What chapter of bankruptcy is right for me?
When you choose Debt Relief Law Florida to represent your bankruptcy case, you do not need to worry about which Chapter under the Bankruptcy Code you are going to use to protect your assets and make sure that you get that financial fresh start. We will explain to you the different opportunities and help you choose the one that is best for you. Contact us today to schedule your complimentary consultation and learn which option is best for you.
What happens to my credit after Chapter 7 bankruptcy?
Most Chapter 7 clients, within one year, will see such a dramatic difference in their credit scores that they could potentially get a mortgage under new programs. For more information on how Chapter 7 Bankruptcy can affect your credit, call us today to schedule a consultation.
What is an automatic stay?
Filing for bankruptcy does not mean that you are telling your creditors that you no longer owe money, it means that they can no longer collect it from you. As soon as we file your bankruptcy case, everything stops. Lawsuits, collection activity, home foreclosures, they all stop so that we can figure out what your financial situation is. The courts will conduct a review, and for almost all of your obligations, the prohibition on collecting money from you stays in place forever. For more information, contact us today.
How soon should I meet with a bankruptcy attorney?
One of the biggest mistakes that most individuals and businesses make is not meeting early enough with a bankruptcy attorney. Meeting with a bankruptcy attorney allows you to understand more about your exemptions and some of the criteria and important conditions that they want to have mastered and handled before entering into the bankruptcy process. The number one thing you want to do if you are considering bankruptcy is to meet with a professional as soon as possible to understand what your strategy plan looks like going forward. Call us today to schedule a complimentary initial consultation.