Florida Liquidation Bankruptcy
Do you have a large amount of credit card debt? Are you frustrated with not being able to make payments on what you owe? Would you like to make a fresh financial start? If so, ask an experienced bankruptcy lawyer if you are eligible for Chapter 7 bankruptcy.
At Borras & Latino, P.A., we help clients in Fort Myers and the surrounding southwest Florida communities get the debt relief they need. By eliminating certain unsecured debt, Chapter 7 gives you a fresh start, allowing you to rebuild your financial future on more solid ground. Call 239-935-5712 or 888-724-0544 to schedule a free consultation.
Filing Chapter 7 Bankruptcy
In Chapter 7 bankruptcy, which is also known as liquidation bankruptcy, most of your unsecured debts are discharged. This includes credit card debt, medical bills and personal debt. In exchange, certain assets are liquidated, and the proceeds are used to pay your creditors. It is important to note, however, that some property is exempt under law. That means you can keep many of your belongings, including your home, vehicle, furnishings, clothing and personal items.
While a Chapter 7 bankruptcy stays on your record for 10 years, it completely eliminates unsecured debt. After your case is complete, you can begin rebuilding your credit. Further, with more disposable income, you will be in a better position to pay on secured debt, such as your home and vehicle.
Bankruptcy "Means" Test
Chapter 7 is for individuals without significant assets who have hit a bump in the road. Not everyone is eligible to file for this type of bankruptcy. One of our Fort Myers Chapter 7 bankruptcy attorneys will administer the "means" test, which takes into account your income, expenses and other factors. If you do not pass the means test, we can help you explore Chapter 13 bankruptcy, which is a debt reorganization plan.
By filing bankruptcy, you can put an end to creditor harassment, foreclosure, wage garnishment and repossession. Let Borras & Latino get you back on the right path.
Risk Free Consultation
To discuss if Chapter 7 bankruptcy is right for you, contact our firm. We offer free consultations. Payment plans are available, and we accept credit cards.
Our office is located in a historic home located near the Butterfly Estates, approximately a half mile from the Federal and State courthouses in Fort Myers. We are available to clients seven days a week by appointment.
Hablamos Español.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
