How Bankruptcy Lawyers in Florida Can Help You
Filing for bankruptcy is an excellent way to relieve yourself of overwhelming debt. However, the entire bankruptcy process, from assessing your property to accurately disclosing your assets, dealing with creditors, and filing the right paperwork can be immensely daunting. That is where Florida bankruptcy lawyers come in. If you have yet to discuss your case with our Florida bankruptcy lawyer, Brian McMahon, here’s what you can expect when you decide to work with us.
Planning For Bankruptcy
Depending on your specific circumstances, you might have other options besides bankruptcy, which you can explore with your lawyer. Otherwise, your Florida bankruptcy lawyer can help you determine which bankruptcy chapter is right for you. Chapter 13, Chapter 7, and Chapter 11 serve different purposes and accomplish different goals. Your lawyer will take into account your situation to figure out the best recourse for your specific case.
Preparing Your Bankruptcy Case
To prepare for bankruptcy, your Florida bankruptcy lawyer will help you:
- Complete the means test accurately. The results of the means test will determine whether you are eligible to file for a Chapter 7 or have the means to make payments if you file for a Chapter 13 bankruptcy.
- Value your property. You’re legally required to disclose all your assets and value them accurately.
- Apply the appropriate exemptions so that you can keep as much of your property as possible.
- Discharge certain debts. Not all debts can be discharged when you file for bankruptcy, but others can be discharged if they meet certain conditions.
- Create a realistic debt restructuring plan if you qualify for a Chapter 13 or Chapter 11 bankruptcy.
During Your Bankruptcy Case
Your Florida bankruptcy lawyer will make sure that all relevant paperwork will be filed on schedule. They will also:
- Deal with aggressive creditors that violate the automatic stay by demanding compliance or requesting the court to hold them in contempt.
- Make sure that you avoid perjuring yourself by ensuring that you provide complete and accurate testimony. Take note that anytime you are in court and during creditor meetings, you must affirm or swear that you are telling the truth.
- Negotiate with creditors. If you file for Chapter 7, your lawyer can negotiate a redemption or reaffirmation agreement with secured creditors so you can keep your home or vehicle. If you file for a Chapter 13 or Chapter 11 case, your lawyer can negotiate payment terms, collateral values, and interest rates with your creditors to help make your repayment plan more manageable.
- Modify a Chapter 11 or 13 repayment plan. Your lawyer can request the court to grant you a permanent or temporary adjustment to your repayment plan if your circumstances change significantly during your bankruptcy case.
Reach Out to a Skilled Florida Bankruptcy Lawyer Now
Whether you are considering filing for a Chapter 7, Chapter 11, or Chapter 13 bankruptcy, our Florida bankruptcy lawyer, Brian McMahon, can help you explore your options and guide you throughout the entire process. Schedule your free case evaluation with our Florida bankruptcy lawyer by filling out our online contact form or calling our office at 561-658-1789.