Experience Debt Relief With the

#1 Bankruptcy Law Firm in Florida

With over 30 years of experience and a 98% success rate, our lawyers have helped thousands of Florida residents and eliminated millions of dollars under Chapter 7 to the reorganization of debt under Chapter 11 or Chapter 13. If you want to get out of debt fast, contact us now!

In a hurry? Call us now at 904-432-1200

Dealing with overwhelming debt can be a stressful and challenging situation for anyone. If you find yourself in this situation, seeking the help of a Pensacola bankruptcy attorney may be the right decision for you. Filing for bankruptcy is a complex legal process that requires experienced and knowledgeable legal representation. In this blog, we will explore the benefits of hiring a Pensacola bankruptcy attorney and what you can expect during the bankruptcy process. Whether you are considering filing for bankruptcy or need assistance with debt relief options, this blog will provide valuable information to help guide you through the process.

Why Choose Our Bankruptcy Lawyers in Pensacola FL

Bankruptcy can be a complex and overwhelming process, which is why it is important to have a qualified and experienced bankruptcy lawyer on your side. Our bankruptcy lawyers in Pensacola are dedicated to helping individuals and businesses navigate the bankruptcy process and achieve financial stability.

Years of Experience

Our team is extremely knowledgeable with over 60 years of experience in law. Bruner Wright P.A. will work tirelessly to help our clients find the best way to manage their debt. We can help guide you on the path to bankruptcy. Bruner Wright’s many years of experience will help you understand your situation and find the best bankruptcy relief solution.

Assistance for All Types of Bankruptcy

We can assist you with Chapter 7 bankruptcy claims as well as Chapter 11 bankruptcy and Chapter 12 bankruptcy. So that our clients have the best possible bankruptcy options, we want to be able to help them find the best solution. A local Pensacola bankruptcy attorney will help you through the process.

More Than Just Bankruptcy

Our expertise lies in bankruptcy law and debt relief. Our knowledge of bankruptcy codes can help you file for bankruptcy relief. By looking at each client’s debt relief situation through a person’s eyes, we can ensure that every client is treated with respect. In all consultations, our goal is to understand the financial situation of each client and their specific needs. No matter if you are considering bankruptcy due to divorce, loss of a job, or medical bills, we can help you decide the best path forward.

Flexible Service Packages

Free consultations are available, and there is an approval process. We offer flexible payment options for our clients because we understand their situation. We are also fair and understanding during your bankruptcy process.

The Best in Communication

We are distinguished by our ongoing communication with clients. We want to be in touch with you during your bankruptcy proceedings. Our attorneys feel at ease with each client and can give you real advice about how to proceed. We want to get to know and understand you so we can assist you in achieving greater debt relief.

What Our Clients Say About Us

I had such a good experience with my case with this firm!! They are all very nice, reasonable and caring about your situation and super thorough. I filed a ch 7 in October 2018, was discharged in January 2019 (so fast only 3 months) bought my very first ever new car in March 2019.

Jessica A.

This is the best law firm I have have ever worked with. They were very honest, professional, and responsive. Robert and Trey worked very hard to create a best case scenario for me. My case was complicated and required high level negotiations. In less than 4 months, I received the best possible outcome! They were a lifesaver for me!

Melissa O.

Extremely knowledgable and experienced Bankruptcy attorneys who are compassionate and diligent for their clients. I have sent them many satisfied clients and will continue to do so because their fees are fair and their staff is top notch! A+ firm in my book.

Hal L.

Ready to Get Out of Debt?

Our experienced business bankruptcy attorney in Florida is here to offer a FREE consultation for your case.

What Are Your Different Options for Bankruptcy?

Bankruptcy can offer relief to those struggling to manage their finances. Depending on which type of bankruptcy you file, bankruptcy may discharge or reduce certain debts, making managing financial obligations simpler.

In general, bankruptcy filings fall under either Chapter 7 or 13. Both options offer debt management solutions but their processes differ considerably.

Chapter 7 Bankruptcy

Chapter 7 bankruptcy, also referred to as liquidation bankruptcy, requires you to liquidate certain non-exempt assets and use the proceeds for debt repayment. This chapter may also give you the ability to discharge unsecured debts that are not secured by collateral, meaning you will no longer be held accountable for them.

However, some debts cannot or will not be discharged. Examples include but are not limited to:

  • Retirement accounts
  • Mortgages, car loans, student loans, and child support (if eligible).
  • Taxes.

Your monthly income must not exceed the state’s median level in order to be eligible for Chapter 7 bankruptcy protection; to meet this amount your income must not exceed that amount.

Chapter 13 Bankruptcy

Chapter 13 bankruptcy offers you a way to reorganize debts in order to make payments more manageable. Instead of having your assets sold or the debt discharged immediately, creditors work together to craft a repayment plan that can help pay off all or part of your outstanding obligations.

The repayment plan typically lasts three to five years. If you meet your obligations, some or all of your debt may be forgiven.

In order to be eligible for Chapter 13 bankruptcy, you must have regular income and a minimum amount of secured and unsecured debts.

Our Pensacola bankruptcy lawyers can guide you through each option. We’ll assess your eligibility so you make an informed decision for your case.

What Happens After Filing for Bankruptcy?

Filing for bankruptcy is a legal process that can help individuals or businesses eliminate or restructure their debts. However, it is not a decision to be taken lightly as it has significant consequences. After filing for bankruptcy, the debtor will experience a series of events that will impact their financial and legal status.

The first step after filing for bankruptcy is to attend a meeting with the bankruptcy trustee. This meeting, also known as the 341 meeting, is mandatory and requires the debtor to answer questions under oath about their financial affairs. The trustee will review the debtor’s bankruptcy petition and schedules, including their assets, liabilities, income, and expenses. This meeting is an opportunity for creditors to attend and ask questions, although they are not required to do so.

Depending on the type of bankruptcy filed, the debtor may have to complete additional requirements such as attending credit counseling or submitting a repayment plan. In a Chapter 7 bankruptcy, the debtor’s non-exempt assets may be sold to repay creditors. In a Chapter 13 bankruptcy, the debtor is allowed to keep their assets but must repay a portion of their debts over a period of three to five years.

After the bankruptcy case is completed, the debtor will receive a discharge order, which eliminates their personal liability for most debts. However, certain debts, such as student loans, taxes, and child support, cannot be discharged in bankruptcy. It is important to note that the discharge does not remove liens from secured debts, and the creditor may still repossess the collateral if the debtor fails to make payments.

Contact Our Pensacola Bankruptcy Attorneys Today

You cannot manage the bankruptcy process on your own. You will need a team of bankruptcy professionals in Pensacola to help you manage all the paperwork. A team of professionals can also assist you in finding an attorney to help you navigate complex bankruptcy law. You can explore all options for debt relief, and you will have access to an expert negotiator who can help you negotiate with your bankruptcy trustee. Together, we will create a plan to restore your credit and help you live debt-free.

If you are in need of legal services, we encourage you to contact Bruner Wright. With years of experience and a commitment to achieving the best results for their clients, the team at Bruner Wright is ready to assist you. Don’t hesitate to reach out and schedule a consultation today to see how they can help you with your legal needs.

Other Services We Offer:

Contact Bruner Wright P.A. today if you are interested in working with the best Pensacola bankruptcy attorney for your case.

Ready to Get Out of Debt?

Our experienced business bankruptcy attorney in Florida is here to offer a FREE consultation for your case.

In a hurry? Call us now at 904-432-1200