Jacksonville FL Bankruptcy Lawyer

Be Debt Free With a Jacksonville FL Bankruptcy Lawyer

Mounting debt and phone calls from creditors can cause stress and insomnia. Although you may have been a month behind in your payments at first, you now find yourself unable even to make minimum payments on multiple accounts. The worse your situation gets, the further you fall behind. You may need to contact a Jacksonville FL bankruptcy lawyer to discuss your options.

People who are unable to pay their debts can file for bankruptcy. Many families and businesses struggle to pay their debts in these tough economic times. Even hardworking people can be affected by financial hardships such as unemployment, business closings, illness, and turbulent economic conditions. Call Bruner Wright P.A. if you find yourself in such a situation. Our Jacksonville FL bankruptcy lawyers can help you review your debts and discuss legal options to get you back on solid financial ground.

Affordable Representation

Extra money to hire an attorney is not something anyone who is in debt should have. Bruner Wright P.A. is proud to offer affordable bankruptcy representation in Jacksonville. We offer value, not only skill and experience. Bruner Wright P.A. offers a Chapter 7 bankruptcy filing for an affordable price. Schedule a consultation today to learn more!

Strong Reputation

Our skilled and experienced Jacksonville FL bankruptcy attorneys have helped many families to get on their feet again after they were overwhelmed by debt. Bruner Wright P.A. has a solid reputation for being a compassionate, efficient, and affordable law firm in Jacksonville. We assist clients in turning a new page and stepping into a brighter future.

You can eliminate debt and streamline your spending to reduce worry and build credit. Our Jacksonville bankruptcy lawyers can help you choose the right one for you.

Chapter 7 Bankruptcy

This is the most common type of bankruptcy. Sometimes, it is called a “liquidation bankruptcy” because non-exempt assets are sold in order to pay creditors. Clients often choose Chapter 7 because it provides a fresh start, eliminates most debts, and can be completed in as little as 3 to 6 months. You are protected from harassing phone calls or letters from creditors and your income after bankruptcy is complete are not subject to garnishment. Chapter 7 bankruptcy is only possible once every eight years. It stays on your credit report for ten years.

Chapter 11 Bankruptcy

A Chapter 11 business bankruptcy allows an owner of a business to reorganize its debts while maintaining day-to-day operations and keeping the doors open. Chapter 11 allows owners to set up a repayment plan and meet with creditors to negotiate more favorable terms. Individuals can also file for Chapter 11 bankruptcy.

According to the American Bankruptcy Institute, there are 4,242 Chapter 11 bankruptcy filings in the United States between January and July 2020. This is almost 25% more than the 3,278 Chapter 11 bankruptcy files for the same period in 2019.

Many businesses have had to file Chapter 11 reorganization plans or close their doors due to the economic downturn and the 2020 pandemic. Small businesses can now go through bankruptcy faster and at lower costs thanks to the 2019 Small Business Reorganization Act. On February 19, 2020, the new law for Subchapter V in Chapter 11 was put into effect.

Bruner Wright’s Jacksonville bankruptcy lawyers are affordable and well-versed with Subchapter V Chapter 11. They can assist small businesses in going through bankruptcy quickly and economically. Call us at 904.432.1200 to learn more about bankruptcy for the business.

Our Jacksonville Bankruptcy Lawyers Can Help You Build a Brighter Future

You may want to consider your legal options if your company is in deep debt. Filing for bankruptcy protection is a way to stop losing the battle and falling further behind in your monthly payments to creditors. 

Bruner Wright’s Jacksonville bankruptcy lawyers can help you review your options, determine your next steps, and assist with your debt collection. Our experienced bankruptcy lawyers in Jacksonville can help you choose the right type of bankruptcy for you.

Everyone needs a chance to start over and get a new start. Bankruptcy does not mean the end. It is an opportunity to start over and build a better future. Contact us now to learn more about how we can help you through debt relief.