Why do I need a Chapter 7 Bankruptcy Lawyer in Florida?

When you’re considering filing for bankruptcy, it’s important to have an experienced and knowledgeable attorney by your side. At Golden Law Group, our team has over two decades of experience helping people through the bankruptcy process. We’re bankruptcy specialists, and our lead attorney is a board-certified expert in this area of law.

There are a number of reasons why you might need a Chapter 7 bankruptcy lawyer in Florida. First, the process of filing for bankruptcy can be complicated and confusing. Having an attorney on your side can help to ensure that the process goes as smoothly as possible.

Second, an experienced bankruptcy attorney can help you to maximize your chances of success. There are a number of different ways to file for bankruptcy, and not all of them will be right for your situation. An experienced attorney can help you to choose the right strategy for your unique circumstances.

Third, an attorney can help you to protect your assets. When you file for bankruptcy, certain assets may be at risk of being seized by creditors. An experienced bankruptcy attorney can help you to protect your assets and ensure that they are properly protected under the bankruptcy laws.

Fourth, an attorney can help you to understand your rights and responsibilities. The bankruptcy process comes with a number of rules and regulations that you will need to follow. An experienced attorney can help you to understand your rights and responsibilities under the bankruptcy laws and make sure that you are in compliance with all of the requirements.

Finally, an attorney can help you to navigate the aftermath of bankruptcy. Once you have filed for bankruptcy, there are a number of things that you will need to do in order to rebuild your credit and your financial life. An experienced attorney can help you to understand the steps that you need to take and can provide guidance and support as you work to rebuild your life after bankruptcy.

If you’re considering filing for bankruptcy, contact Golden Law Group today. We’ll help you to understand your options and can provide the experienced and knowledgeable representation that you need to get through this difficult time.

What is Chapter 7 Bankruptcy?

If you’re considering bankruptcy relief, it’s important to understand the different types of bankruptcy and how they can impact your credit. There are two main types of bankruptcy: secured and unsecured.

Secured debt is debt that’s backed by collateral, such as a home or car. Unsecured debt, on the other hand, is not backed by any collateral. Credit card debt is typically unsecured debt.

When you file for bankruptcy, your assets are protected from creditors. This means that if you have any assets that are not protected by bankruptcy, creditors can still go after them. However, if you have a lot of unsecured debt, such as credit card debt, and not a lot of assets, bankruptcy can still be a good option.

Chapter 7 bankruptcy is a legal process that allows individuals or businesses to eliminate most of their debts. In a Chapter 7 bankruptcy, a debtor’s assets are liquidated and used to pay creditors. Chapter 7 bankruptcy is also known as “straight bankruptcy” or “liquidation bankruptcy.”

Chapter 7 bankruptcy is the most common type of bankruptcy filed in the United States. In 2015, there were 794,960 Chapter 7 bankruptcies filed.

Chapter 7 bankruptcy is designed for debtors who cannot afford to repay their debts. It is a way for them to get a fresh start by eliminating most of their debts.

Chapter 7 bankruptcy is not for everyone. It is important to understand the pros and cons of Chapter 7 bankruptcy before you file.

Benefits of Filing for Chapter 7

Chapter 7 is a powerful option for those fighting against severe debt because it discharges eligible debt and provides consumers with a fresh, “clean slate”.

The pros of Chapter 7 bankruptcy:

• Upon filing, the automatic stay is triggered, meaning creditors or collectors
  are stopped from taking actions on your debt.
• Your future wages are protected from being garnished by creditors.
• Only a certain type of debt is not dischargeable such as support obligations
  or recent taxes.
• You are able to keep most of your property.

The cons of Chapter 7 bankruptcy include:

• You may lose some of your assets.

• You may have to give up your home or car if you are behind on your payments.

• You may have to pay some of your debts back even though they are discharged.

• You may have difficulty getting credit in the future.

Why Call The Golden Law Group?

• Stop living paycheck to paycheck
• Put a stop to
  harassment from creditors and debt collectors
• End wage garnishment
• Eliminate your debt and start rebuilding credit
• Gain the peace of mind that you deserve

Making the decision to end your debt by filing for bankruptcy can be an incredibly daunting and overwhelming choice. In an effort to make your process as easy and stress-free as possible, it is encouraged that you work with a qualified bankruptcy lawyer in Tampa who knows how to guide you toward a positive and favorable resolution.

Call our Experienced Tampa Chapter 7 Lawyer Today!

When you are in debt, it can feel like you are stuck in a never-ending cycle of payments with no end in sight. If you are struggling to make ends meet and are considering bankruptcy, it is important to seek out the advice of an experienced Tampa bankruptcy lawyer. At Golden Law Group, we have over two decades of experience helping people get out of debt and start fresh through bankruptcy.

Our team of bankruptcy specialists is led by board-certified expert Don Golden, who has extensive experience handling all aspects of bankruptcy law. Our law office is located in Tampa, Florida, and we are familiar with the bankruptcy court process in this state. We can provide you with the legal advice and guidance you need to navigate the bankruptcy process and make the best decisions for your financial future.

When you come to our law office for a consultation, we will review your financial situation and help you determine if bankruptcy is the right option for you. If it is, we will help you prepare your bankruptcy petition and file it with the court. We will also represent you at your meeting of creditors, where the bankruptcy trustee will question you about your debts and assets.

After your bankruptcy case is complete, we will continue to be here for you, providing guidance and support as you rebuild your financial life. We understand how overwhelming and stressful debt can be, and we are here to help you every step of the way. Call our experienced Tampa bankruptcy lawyer today to schedule a consultation.