Helping Palm Bay residents regain control of their finances.
Written By: Attorney Robert Stiberman | Updated 8/22/2025
How a Palm Bay Bankruptcy Lawyer Can Support You
Facing overwhelming debt can feel like a constant weight on your shoulders. But you don’t have to go through it alone. Bankruptcy may provide the relief you need, and a skilled attorney can:
- Review your financial situation
- Explain your debt relief options
- Handle every filing correctly
- Protect your rights at each step
At Stiberman Law, we’ve spent more than 12 years helping individuals and families in Palm Bay find peace of mind and build a foundation for a true financial fresh start.
Understanding the Bankruptcy Process in Palm Bay
Bankruptcy cases for Palm Bay residents are filed in the U.S. Bankruptcy Court, Middle District of Florida, Orlando Division.
The process begins with a free consultation where we evaluate your financial picture. From there, we help determine whether bankruptcy—or an alternative like debt settlement—makes the most sense.
- Chapter 7 Bankruptcy: Wipes out unsecured debt, such as credit cards and medical bills, in just a few months.
- Chapter 13 Bankruptcy: Creates a 3–5 year repayment plan, allowing you to catch up on mortgages, car loans, and other secured debts.
- Chapter 11 Bankruptcy: Used primarily by businesses or individuals with complex financial situations who want to reorganize while staying operational.
Once your case is filed, the automatic stay immediately halts collections, foreclosures, lawsuits, and wage garnishments. Shortly after, you’ll attend a brief meeting of creditors with a bankruptcy trustee. With the right representation, most cases conclude with either a discharge of debts (Chapter 7) or the completion of a repayment plan (Chapter 13).
Why Choose Stiberman Law in Palm Bay?
Bankruptcy law is complex, and errors in filing can cost you time, money, and even certain protections. At Stiberman Law, we ensure every document is accurate, every exemption is applied, and every deadline is met.
We’ve seen firsthand how bankruptcy relief can change lives. For example, one client with more than $50,000 in unsecured debt was able to discharge her obligations in less than six months—freeing her to rebuild her finances without the constant stress of collection calls.
Florida Bankruptcy Exemptions That Protect Your Property
Florida requires state-specific exemptions instead of federal ones. The most notable is the homestead exemption, which protects your primary residence under certain conditions. Other exemptions may cover:
- Retirement accounts
- Wages
- Personal property (with limits)
Using these exemptions correctly can mean the difference between losing property and keeping it. Our attorneys ensure you maximize protection.
FAQs About Bankruptcy in Palm Bay, FL
1. What types of bankruptcy are most common for Palm Bay residents?
Most people file under Chapter 7 (quick debt discharge) or Chapter 13 (structured repayment). Chapter 11 is less common but available for complex cases.
2. How do I know if I qualify for Chapter 7?
Eligibility is determined by the Means Test, which compares your income to Florida’s median income. If you don’t qualify, Chapter 13 may be a better fit.
3. Where are Palm Bay bankruptcy cases filed?
Cases are handled in the U.S. Bankruptcy Court, Middle District of Florida, Orlando Division.
4. What happens once I file for bankruptcy?
The automatic stay takes effect immediately, stopping creditor harassment, lawsuits, foreclosures, and wage garnishments. You’ll attend a meeting of creditors, and depending on your chapter, your case will end with either debt discharge or repayment plan completion.
5. Will I lose my home if I file for bankruptcy in Florida?
Not always. Florida’s homestead exemption allows many residents to keep their primary home. Your specific situation will determine how much protection applies.
Start Your Journey Toward Financial Relief in Palm Bay
If you’re struggling with overwhelming debt in Palm Bay, you don’t have to face it alone. The experienced bankruptcy lawyers at Stiberman Law are here to guide you every step of the way—from reviewing your eligibility to filing your case and protecting your rights in court.
Call us today or complete our online form to schedule a free consultation with a Palm Bay bankruptcy attorney.
