If your debt has become overwhelming and you have no real way of meeting your financial obligations, it may be time to consider bankruptcy as a way to clean up your debt and get a fresh start. With the help of an experienced Florida bankruptcy lawyer, you can get out from under your debt and begin to move forward in life.
At the Law Offices of Michael H. Johnson, P.A., we help people file for Chapter 7 bankruptcy in Florida. After more than a decade of experience, we have realized that many people are uneasy about filing bankruptcy for various reasons. We want you to know that there is no shame in seeking this form of debt relief. Rather, bankruptcy law is a tool that we can use to help you rebuild your financial life.
To arrange a free initial consultation with a skilled Fort Lauderdale Chapter 7 bankruptcy attorney, please call 954-519-4653. You can also contact our law firm online. We offer flexible payment options, and we answer phones 24 hours a day.
Chapter 7 bankruptcy, also known as liquidation bankruptcy, is the simplest way to eliminate debt. Many of your assets are sold in order to pay creditors. Going through this can be difficult, but it is truly a useful way to get things back under control. In Chapter 7, your unsecured debts will be eliminated and you will have a clean slate. Examples of dischargeable debts are:
Credit card bills
Debts from repossession of vehicles
Debts from foreclosures
In addition, a Chapter 7 bankruptcy filing gives you a variety of other benefits, including stopping wage garnishments and home foreclosures. It stops creditor harassment and gives you room to breathe.
You may have been told that filing for Chapter 7 means you will be forced to give up all of your property. That is a myth. Through the use of exemptions, our firm can help you keep your most important items. And, as long as you are able to maintain payments on your house and car, you will be able to keep those as well.
Most people filing for bankruptcy prefer Chapter 7. However, laws passed in 2005 have made it more difficult for people to qualify for this form of debt relief. During a free initial consultation, we will assess your income, assets, and debt to determine if you pass the "means test." If your income ratio is too high to qualify for Chapter 7, we can help you explore Chapter 13 bankruptcy as an option.
Immediately after filing bankruptcy, you are protected by law. All collection actions and foreclosures must stop. To find out if bankruptcy is right for you, call 954-519-4653. You can also contact our law firm online.
We maintain offices in Fort Lauderdale and West Palm Beach. Evening, weekend and off-site appointments are available. We offer flexible payment options, and we answer phones 24 hours a day.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.