Hire an experienced top rated bankruptcy lawyer serving Florida. Our bankruptcy attorney has extensive experience filing Chapter 7 bankruptcies.
Filing for bankruptcy is a difficult choice. You’re probably receiving a barrage of phone calls and letters from collection agencies. Your wages may have already been garnished and your home may be in foreclosure. We can help you figure out your best options. Sometimes, in the middle of a storm, the best thing you can do is phone someone you trust for help.
We’d like to provide you with real advice based on our experience handling bankruptcy filings. We know that there are many reasons you may be at this point in your life. Medical expenses, a failed business or other things beyond your control can leave you financially strapped. We’re here to help you turn the page and begin building a better financial future for you and your family.
Chapter 7 bankruptcy eliminates the debts that you owe. This is not a tool that is used if you wish to simply restructure and continue paying off your debts.
Chapter 7 bankruptcy requires you to liquidate your assets. You will most likely lose your home, among other assets if you file for Chapter 7 bankruptcy. But, you will be able to completely restart, without having to worry about paying past debts.
Some property in Florida is exempted from liquidation during a Chapter 7 bankruptcy. Depending on the value of your home and the debts you owe, you may be able to retain your home. This is why it’s crucial to speak with a Chapter 7 bankruptcy expert. We can walk you through how this type of bankruptcy may be beneficial, as well as provide you with other options based on your specific circumstances.
Many people file for Chapter 7 bankruptcy if they’re struggling to cover a house payment. Once you file for this type of bankruptcy, foreclosure proceedings are paused.
You are given a reasonable period of time to find somewhere else to live. And, once your bankruptcy is finalized, you will not need to worry about paying a mortgage you can’t afford.
Once we file your Chapter 7 bankruptcy, all debt collection efforts will be legally halted. If you owe money on your home, the mortgage company will be notified that you have initiated bankruptcy proceedings.
The lender will request permission from the bankruptcy judge to resume their collection efforts. During this process, any foreclosure on your home is paused. Eventually, the judge will give permission to the mortgage company to restart their collection efforts.
Any pending foreclosure will be closed and a new foreclosure will begin. This process can give you up to a few months of time to find a new place to live. It’s important to use this time responsibly – eventually, you will be required to leave your home. But this process can give you breathing room to get a roof over your head before you are forced to leave.
Cost to File Chapter 7 Bankruptcy
The federal court requires you to pay a filing fee. For a Chapter 7 bankruptcy filing, the fee is $335. This is separate from any attorney’s fees associated with your filing.
Stiberman Law works hard to keep our costs as low as possible. We understand that this is a financially trying time in your life. In many cases we are able to offer payment plans to help make getting legal help with your Chapter 7 bankruptcy filing more affordable.
One other requirement that the court imposes is the completion of a debt counseling session. We can complete your debt counseling – saving you an additional expense – as part of the process of initiating your case with our firm.
Searching on Google isn’t enough. This is a monumental moment in your life. Filing for bankruptcy can put you on the path to a brighter financial future, but it needs to be handled correctly.
The first step is speaking with a Chapter 7 bankruptcy expert. The call is completely free, and you are under no obligation to hire our bankruptcy law firm.
We will provide you with answers to your questions. Our answers are based on the specifics of your situation, and the extensive experience we have handling a variety of bankruptcy cases.
You’ll also receive an explanation of the attorney’s fees we charge when handling a Chapter 7 bankruptcy filing. We do not want to add to your financial burden. We will do everything within our power to find a solution that allows you to begin rebuilding your financial future.
Speaking to our law firm is always 100% confidential. We do our best to respond to inquiries in under 24 hours.
We’ll get in touch as soon as possible.