Orlando Attorneys Helping You Get a Fresh Start
Declaring Chapter 7 bankruptcy does not mean that you will lose everything. It is true that under Chapter 7, a bankruptcy trustee can seize some of your nonexempt property to pay your debts. That is why this type of bankruptcy is often referred to as a "debt liquidation" bankruptcy. However, there are certain types of property that cannot be touched by trustee. At Sanders & Sanders, we will advise you on how to keep the assets that may be exempt from liquidation in this type of bankruptcy.
If you are considering bankruptcy, our firm's bankruptcy attorneys can help determine which type of debt consolidation is right for you. For a free consultation - call the lawyers at our Winter Park, Florida, offices or contact us online.
Chapter 7 No Asset Bankruptcy
To qualify for Chapter 7 bankruptcy, you may need to meet certain income and debt eligibility requirements. This type of bankruptcy is very situation specific and requires a means test to determine eligibility. Our firm helps families and individuals determine if this is the right kind of financial option for you.
What are some types of debt that I can discharge?
-
Credit card bills
-
Lawsuit judgments
-
Payday loans
-
Hospital bills
-
Most personal loans
What are some types of debt that I may not be able to discharge?
-
Child support
-
State or federal taxes
-
A certain amount of debt still owed on your home
-
Debt on your car
Even if you don't qualify for Chapter 7 bankruptcy, there is still a chance that you can pursue the debt relief you need under Chapter 13 bankruptcy. Our attorneys examine your situation to determine which option will work best for your financial needs. We review with you, step by step, the process of filing for bankruptcy and ensure that you understand what this process means for your financial future. These options are especially important to review if you are looking to prevent foreclosure or have already been served foreclosure papers.
Call 407-843-0012 Today - Se Habla Español
Considering filing for Chapter 7? Schedule your free consultation with our bankruptcy attorneys by calling us directly or by contacting us online. Evening, weekend and out-of-the-office appointments are available for your convenience.
We are a debt relief agency. We help people file for relief under the Bankruptcy Code.
