Bankruptcy Overview

If you're dealing with mounds of debt and you're looking for a way out, bankruptcy may be an option. Now more than ever, bankruptcy has helped millions resolve their debts. Many people have also filed bankruptcy to stop foreclosure, repossession, utility shutoff, wage garnishment and some lawsuits.

Bankruptcy is seen as a graceful way out of debt. Its primary purpose is to give an honest debtor a “fresh start” in life.  Hence, bankruptcy is essentially for the benefit of the debtor who can no longer pay for the debts that he owes.  If you are feeling stressed, anxious, overwhelmed or simply don’t know how you’re going to pay your bills or make ends meet, you should certainly consider your bankruptcy options under Chapter 7 and Chapter 13 of the US Bankruptcy Code.  A business facing finanical concerns should consider its bankruptcy options under Chapter 7 and Chapter 11 of the Code.

Divorce, job loss, illness, disability, and business failure are common circumstances that lead clients to seek debt relief. Additionally, unexpected medical costs or out-of-control credit card debt can quickly overwhelm an individual or family.  However, there is a way out. You can make a fresh start and we can help.

Bankruptcy laws are in place for a purpose.  The laws exist to help people and businesses alike get the relief they need.  At The Bankruptcy Group of Florida, we focus solely on this area of law.  We can explain how these laws apply to your specific circumstances and help you effectively eliminate and/or reduce your debt. If you are considering filing bankruptcy, trust your case to a lawyer who focuses solely on these matters and will handle your case well, the first time.

People commonly misconceive the effect filing for bankruptcy can have on their lives. They believe they will never be able to reestablish their credit, never get a credit card again, or never buy a house. This is not the case.

Bankruptcy is meant to brighten your horizon, not darken it. You can reestablish your credit after bankruptcy. Contact us today to arrange your free consulation with our caring staff to determine what options are available to you through bankruptcy.