Chapter 7 Bankruptcy Lawyer in Ft Lauderdale
Chapter 7 is the most common form of
bankruptcy declared among individuals. Chapter 7 bankruptcy provides a method for you and your family to relieve yourselves of the debt that you have incurred over the years and begin anew without the financial constraints that were previously overwhelming your finances.
When you declare Chapter 7 bankruptcy, your assets will be sold in order to pay your creditors and alleviate some of the back-owed debts that you are responsible for. In Florida, however, there are many
exemptions that allow you to keep a vast majority of your assets. Many people believe that in order to declare bankruptcy, they must give up their home, their vehicle, disability income or other assets that they need in order to survive.
With the help of a Florida bankruptcy attorney at
Tiller Law, you can work out whether you qualify for Chapter 7 bankruptcy in Florida.
Chapter 7 Bankruptcy: Should I declare?
It is impossible to advise a person on the financial road that would be best to take without taking a comprehensive investigation of their financial history and current status. At Tiller Law, you will be working with a bankruptcy lawyer who has the experience you need. If you are wondering which assets you may have to sell or whether you will be relieved of certain debts, you can always ask your attorney at Tiller Law.
When you file for Chapter 7 bankruptcy, you will be relieved of a large amount of your debt. However, there are certain debts/financial obligations that cannot be eliminated. Those include the following:
- Certain taxes owed to the federal government
- Child support
- Alimony/Spousal Support
- Student loans
With the competent and compassionate assistance of your bankruptcy attorney at Tiller Law, you can liberate yourself and your family from the overhanging shadow of debt.
Contact a Ft. Lauderdale Chapter 7 Bankruptcy Attorney
at Tiller Law today to discuss your financial situation.