Broward County, Florida Chapter 7 Personal Bankruptcy Lawyers
Debt Liquidation Attorneys serving Fort Lauderdale, Sunrise, Davie, Plantation, Weston, Tamarac and surrounding areas
If you are struggling to keep up with credit cards and other monthly payment obligations, find yourself with seemingly unmanageable debt, and are looking for a solution, we invite you to contact us for a free case evaluation. We understand that each case is different and take the time to understand your personal financial situation and inform you on what options are available.
Ft. Lauderdale Chapter 7 Bankruptcy
Chapter 7 bankruptcy which is commonly referred to as a “straight” or “liquidations” bankruptcy the process can take anywhere from 4 to 6 months and collection activity from creditors cease when your case is filed. During the bankruptcy process the trustee may also liquidate property and assets to pay your creditors. When your bankruptcy case is discharged the bankruptcy trustee cancels your qualified debt. Individuals that have filed a bankruptcy within the last six to eight years (this depends on what type of bankruptcy previously filed) will not be eligible to file Chapter 7 bankruptcy.
Choosing to file Chapter 7 bankruptcy should be carefully considered. Many people are drawn to bankruptcy for the prospect of debt resolution and creditor protection, though many (if not all) of your debts will go away, chapter 7 bankruptcy does create some challenges and has a few drawbacks for filers. A few of these adverse effects include: bankruptcy remains on your credit report for several years and has an adverse effect on your ability to obtain credit, some debts may not be erased, and bankruptcy is a legal proceeding and becomes public record.
Szabo Law Group is committed to assisting individuals through their financial obstacles. Aron Szabo personally meets with every client and spends time listening and understanding your particular circumstance. Szabo Law Group will take the time to review your particular financial circumstance and provide a solution either through Chapter 7 bankruptcy, Chapter 13 bankruptcy, Chapter 11 bankruptcy, or another form of resolution. To schedule a free consultation contact the Szabo Law Group today at (954)210–6054.