Coral Gables Chapter 7 Lawyer

Bankruptcy offers several benefits including a chance to start fresh and protect your future income. A lot of clients who come to us want to know more about Chapter 7 and why they should choose it over other options.

What is a Chapter 7 Bankruptcy?

It is a chapter of the bankruptcy code that provides for “liquidation”.

It involves selling your nonexempt property to discharge your debt by distributing the proceedings to your creditors.

Chapter 7 can help clear away various personal loans, credit card debt, medical bills, automobile loans, income tax debt, and mortgages.

A large number of people choose this route due to a high success rate of 90 percent. Plus, it gives the option to apply without hiring a legal representative. However, having an attorney to guide you can prove to be beneficial as it reduces the risk of rejections and allows you to save time.

The process can take four months to complete and may require multiple visits to the court. By working with a law firm like Stiberman Law, you can have a trusted attorney be your representative while you concentrate on other tasks.

Call Us Today for a FREE CONSULTATION
Ring (954) 922-2283

Your Trusted Coral Gables Chapter 7 Bankruptcy Lawyer

Financial difficulties can leave people stressed and worried.

You don't have to face such times alone. Work with a legal advisor you can fully trust. Our talented team will help you throughout the process and ensure you face no difficulties filing Chapter 7.

We offer several affordable plans including a $0 down option that allows you to start the process without worrying about advance payments.

Headed by Robert Stiberman, Stiberman Law has been in the business for more than 22 years and has worked with all kinds of clients including businesses and individuals.

You can start with a free consultation to know more about bankruptcy and if it could be the right option for you.

You can file if you pass the eligibility test. The purpose of the test is to ensure you have no other option but to file for bankruptcy. It examines financial documents, including debt, income, and expenses to determine if your income after taxes is below your state’s median income.

We’ll look at your documents to ensure eligibility so that you don’t waste time applying if you do not qualify.

Consider this option if you are facing problems such as wage garnishment, threatening calls, stress due to debt, and the risk of losing your assets.

1 Get in touch with us to book your Free Consultation.

2 We’ll gather some basic information and go through your Credit Report.

3 Our experts will study your case and recommend Bankruptcy if it seems appropriate.

4 If you agree, we’ll start the paperwork.

5 We’ll file on your behalf, send a notification to your creditors, and take care of court proceedings.

When you work with us, you will have nothing to worry about as we’ll take care of everything. So give us a call today and start the process.

What kind of documents do I have to submit?

Required documents include lists of all your assets and liabilities.

Are student loans covered?

Yes, Chapter 7 covers student loans; however, there may be some conditions. If you want to get rid of student loans then talk to us about your situation.

Will I be able to protect my personal assets?

Personal assets including jewelry, vehicles, retirement accounts, and personal property such as your household items are exempt to an extent.

Will Chapter 7 appear on my credit report?

Yes, it will appear on your credit report.