Our Chapter 7 Bankruptcy Attorneys Can Help
Finding the best Chapter 7 bankruptcy attorneys to handle your case is essential. It’s possible that you are hesitant about declaring bankruptcy, or are unsure if this is the right time. You are already on the right track if you’re here.
It is time to act when you are being contacted by creditors on a regular basis. You don’t want to be struggling financially anymore and you worry about your bank accounts being garnished or your wages being taken. Chapter 7 bankruptcy is the right option for you.
A bankruptcy attorney can help you to understand your options for debt relief so that you can decide whether bankruptcy is right for you. Bruner Wright P.A. is a team made up of Florida bankruptcy lawyers who can help you through your financial difficulties. Our 25 years of combined experience have helped people get back on track.
Who Files for Chapter 7 Bankruptcy?
Most people file for bankruptcy after experiencing an event such as a job loss, serious illness, or the death of a spouse. It is possible to restart your life by filing a Chapter 7 personal bankruptcy.
What Debts Can Be Discharged by Chapter 7 Bankruptcy?
People with debts file Chapter 7 bankruptcy to seek relief from unsecured debts, such as:
- Credit card debt
- Utility bills
- Back rent
- Medical bills
- Uninsured car accident judgments
- Repossessed vehicles and vehicles that have been surrendered are subject to a charge
- Other debts and deficit balances
To understand the consequences of filing bankruptcy for these types of debts, it is important to speak with a bankruptcy lawyer. Some debts cannot be eliminated by Chapter 7 bankruptcy. Chapter 7 bankruptcy will not erase tax liability debts, forfeitures, forfeitures, restitution, child support, most student loans, drunk driving debts, and debts resulting in intentional and malicious injuries.
What Is Required to File for Chapter 7 Bankruptcy?
The bankruptcy means testing is required to be eligible for Chapter 7. This test examines income and caps Chapter 7 filings for people who earn too much to qualify. If you are not eligible for Chapter 7, you may still file for Chapter 13 bankruptcy.
You will also need to pass the means test.
- Credit counseling: We can refer you to accredited nonprofit credit counselors. This course must be completed before you file bankruptcy.
- Financial education: This course will give you information and guidance about managing your finances. This course is required to get rid of your debt.
You must wait eight years if you have previously filed for Chapter 7 bankruptcy. Within four years of your Chapter 7 discharge, you can file for Chapter 13 bankruptcy.
Can I Keep My Car and Home?
People with secured debt can file for Chapter 7 bankruptcy. If you have a car note or mortgage, you may be allowed to keep your car and house as long as the debts are not attached. You can also choose to sell these assets and have your debt completely discharged.
Financial Freedom in 90 Days
A Chapter 7 bankruptcy discharge takes on average 90 days from the time of filing. A hearing is held within 30-40 days after the filing of the petition. A Notice of Discharge is typically sent to the petitioner within 60 days of the hearing. Creditors will be notified of the hearing. They may attend.
Work With the Best Florida Bankruptcy Lawyers
Though there are many options, finding the best attorney will help you achieve your goals. You need someone with the experience to overturn your debts and get you back to financial health. Contact Bruner Wright P.A. today!
- Santa Rosa Beach
- Panama City
- Florida Panhandle
- and more…