Trusted guidance for a stronger financial future.
Written By: Attorney Robert Stiberman | Updated 9/4/2025
Why Work With a Bankruptcy Lawyer in Lake Mary
Struggling with debt can feel overwhelming, but you don’t have to face it alone. A skilled bankruptcy attorney can help you explore debt relief options, choose the right type of bankruptcy, and protect your assets while navigating the legal process.
At Stiberman Law, we’ve been helping Florida residents—including those in Lake Mary—find practical solutions for more than a decade. Our goal is to simplify bankruptcy and guide you toward a fresh start.
How the Bankruptcy Process Works in Lake Mary
Bankruptcy cases in Lake Mary are filed in the U.S. Bankruptcy Court for the Middle District of Florida. While the process follows federal rules, there are also local requirements. Our firm ensures your case is handled properly from the beginning.
The steps generally include:
- Free consultation to review your income, debts, and assets
- Choosing the appropriate chapter—Chapter 7, Chapter 13, or Chapter 11
- Preparing and filing all paperwork electronically with the court
- Immediate protection through the automatic stay, which stops collection efforts and foreclosure actions
- Attending a short trustee meeting with an attorney by your side
- Resolution through either a discharge of debts or completion of a repayment plan
Why Lake Mary Clients Choose Stiberman Law
Choosing the right law firm can make bankruptcy less stressful. Clients in Lake Mary work with us because we:
- Provide personal attention and explain each step clearly
- Manage deadlines, filings, and communication with creditors
- Offer services in English and Spanish
- Focus on protecting income, property, and peace of mind
Case Study: Avoiding Foreclosure
A homeowner was weeks away from foreclosure after falling behind on mortgage payments. By filing Chapter 13, Stiberman Law immediately stopped the foreclosure sale. Through court-approved repayment and mortgage modification, the client was able to keep their home and begin a manageable repayment plan.
Bankruptcy and Debt Relief Options in Lake Mary
Our firm provides a range of solutions tailored to individuals, families, and businesses. Services include:
- Chapter 7 bankruptcy to eliminate unsecured debt quickly
- Chapter 13 bankruptcy for repayment plans that protect assets
- Chapter 11 bankruptcy for restructuring significant debts
- Foreclosure defense to help save your home
- Wage garnishment protection to stop paycheck deductions
Understanding the Bankruptcy Chapters
Chapter 7
Known as liquidation bankruptcy, Chapter 7 eliminates most unsecured debts like medical bills and credit cards. Florida’s exemption laws often allow people to keep their home, car, and essentials.
Chapter 13
For those with regular income, Chapter 13 creates a repayment plan lasting three to five years. Once completed, remaining eligible debts are discharged, and assets like your home are protected.
Chapter 11
This option is designed for businesses or individuals with large debts. It allows obligations to be reorganized under court supervision while operations continue.
Frequently Asked Questions About Bankruptcy in Lake Mary, FL
What debts can bankruptcy eliminate?
Most unsecured debts, including medical bills, credit cards, and personal loans, can be discharged. Obligations such as child support, alimony, and most student loans cannot be erased.
How long does bankruptcy take?
A Chapter 7 case typically takes about four to six months. Chapter 13 repayment plans last three to five years. Chapter 11 timelines vary depending on the complexity of the case.
Will filing stop foreclosure or garnishment?
Yes. Bankruptcy provides immediate relief through the automatic stay, which halts foreclosure proceedings, garnishments, and collection actions.
Do I need a certain amount of debt to file?
There’s no minimum debt requirement. The decision is based on whether your current financial obligations are realistically manageable under your circumstances.
Take the First Step Toward Relief in Lake Mary
If debt is controlling your life, you don’t have to navigate it alone. The experienced team at Stiberman Law is here to help you evaluate your options and protect your financial future.
Contact Stiberman Law today to schedule your free consultation and begin your journey toward lasting relief.
