BANKRUPTCY QUESTIONS
What is bankruptcy? How does it work in the Palm Beaches? Should I file for Bankruptcy? Will I lose my house? Who is eligible for Bankruptcy? What´s a Chapter 7 or 13? How bankrupt am I? Get bankruptcy answers from Walker Law Firm, a West Palm Beach Attorney.
WHAT IS A CHAPTER 13
Many people elect to petition for Chapter 13 when foreclosure threatens in order to save their home. It is much easier to qualify for a Chapter 13 bankruptcy if in taking the means test you determined that you are not eligible to file under Chapter 7 due to a number of reasons including too high of an income. To file under Chapter 13 your unsecured debts must not exceed $337,000, and your secured debts must not exceed $1,010,000.
Another major difference is in Chapter 7 your debt is discharged within a few months, whereas Chapter 13 takes 3 to 5 years before your debt is discharged. Working with a West Palm Beach bankruptcy lawyer at the Walker Law Firm, P.A. will give you the advice and guidance necessary to smooth your way through the process.
See all question
Our office has hired Mr. Walker several times to assist with unemployment appeals. He always takes the time to fully understand the set of circumstances surrounding the employee's separation and this makes all the difference. He is extremely knowledgeable in his field, aggressive, and highly tenacious.