West Palm Beach Bankruptcy Solutions That Work

  • Bankruptcy areas of practice

Debt can weigh heavily on those that are faced with it. It can be easy to feel alone and out of options when in fact, there are still areas that you can explore further. Bankruptcy is a suitable choice that meets the needs of many individuals that are at a loss for how to ever get out from under financial obligations.

here are various options available to those considering this option and they may be valuable to explore further. Not everyone should file for bankruptcy and there are alternatives for those that have financial burdens that may not be at as serious of a level.

The West Palm Beach bankruptcy lawyer from Walker Law Firm, P.A., can help with the following areas of bankruptcy law:

Bankruptcy Alternatives 
When you find yourself in debt, bankruptcy may be a great option to turn the situation around, but it is not the only option. There are a number of alternatives that can be a great choice to make and they may offer you many of the benefits that you were looking for with a bankruptcy filing.

Bankruptcy Myths 
There are a broad range of bankruptcy myths readily available on the internet, from friends, acquaintances and family and even myths that can be incorrectly assumed from existing law or current procedures. Which myths are based in reality, and which amount to little more than fiction?

Bankruptcy Questions 
There is a lot of uncertainty about bankruptcy, and many people have questions about how the bankruptcy process works, how long it takes, how much of your assets will be lost to bankruptcy and others.

Benefits of Bankruptcy 
The process of declaring bankruptcy seems to be an extreme option. There are benefits that need to be understood so you can make a decision that is based on your personal financial situation. Before proceeding, you should understand the bankruptcy process and all of the ramifications you will face, both positive and negative.

Chapter 13 
Chapter 13 bankruptcy differs from Chapter 7 most notably in that it does not require the liquidation of qualifying assets used to pay back outstanding debt, making it easier for individuals to continue their operations while seeking that second chance at financial freedom.

Chapter 7 
Perhaps the most well-known type of bankruptcy, Chapter 7, involves using existing income and qualifying assets to repay as much debt as possible in return for court-appointed, legal forgiveness of any remaining debts. Those who file Chapter 7 usually keep most of their personal assets.

Discharging Your Debt 
The guidelines for discharging debt vary depending on the situation and the type of bankruptcy that is being filed for. Having debt discharged can help lighten your load and improve your current and future financial situation.

Is Bankruptcy Right for Me? 
While a viable option for many who are at the end of their financial rope, bankruptcy may not be the ideal choice for every situation. Before declaring bankruptcy, it is a good idea to make sure stand to benefit from it.

Life After Bankruptcy 
Just because a person files for bankruptcy does not mean that is the end of their financial health. In fact, many individuals who declare bankruptcy are in a better financial position with regard to their credit report than they were prior to filing.

Means Test 
The means test is a formula that seeks to make an appropriate determination as to whether an individual qualifies for Chapter 7 or Chapter 13 bankruptcies. This is a requirement under the revised bankruptcy laws.

Short Sale 
Short sales can be arranged to avoid foreclosure. This process allows the sale of a property at an amount lower than the mortgage. The short sale process requires the consent of any lenders that may be invested in the property, and the process must be managed carefully to avoid owing the shortfall.

The Bankruptcy Process 
The bankruptcy process if done correctly, can resolve your serious debt problems and allow you to move forward with a fresh start. My firm explains all of the process to you so you fully understand what will occur and the timeline involved.

Why Hire a Bankruptcy Attorney? 
Navigating through the process of declaring legal bankruptcy is often complicated, time-consuming and can be very frustrating for those who are not familiar with bankruptcy laws or the process in general. This is why it is so important to make sure you have the right support on your side.


When pursuing bankruptcy you will need to determine which court you need to file in and the state is divided into different districts. Before you can file, credit counseling has been made a legal requirement in the state and you will need to take and complete it prior to moving further. After this, you must obtain the forms from the court the case will be handled through and keep track of any pertinent documents.

There are many forms you will need to file that can be complicated without a West Palm Beach bankruptcy lawyer's assistance. To file with the court, there will be a number of costs involved, including the court fee. You will need to take a means test to see if you are eligible for Chapter 7 bankruptcy.

A 341 meeting will take place, during which trustee will review your forms and ask questions regarding them. A creditor can also be present during this time if they which to object and you may have the opportunity to respond to objections. Prior to having any debts discharged, it will be necessary to take a debtor education course that is approved by the government.

  • Carissa LawhunFlorida Realty
    Walker Law Firm, P.A. specializes in unemployment appeals and laws.

    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.

  • James StatenClient
    Walker Law Firm, P.A helps people in the Palm Beaches with their Bankruptcy problems.

    We had the privilege of working with the Walker Law Firm recently. Ed and his staff handled our case in a timely and professional manner. They were available to answer questions and ensured us that they were handling everything. Our end result was exactly what we were hoping for. If you are looking for someone who will work hard to represent you and at a fair price, you need to call the Walker Law Firm.

  • Ginger GowingReal Estate Agent
    Walker Law Firm, P.A. specializes in real estate law.

    What I love about using Ed Walker for my closings is that it is always one on one with him! With Ed he always answers all of my questions day or night and happy to speak to all parties involved in the closing of the sale.  All of my sellers & Buyers love that Ed Walker comes to us for the closing! I would highly recommend others to use Ed for his services and am thrilled to have him as my closing attorney.

Walker Law Firm
July 14, 2014
5 star/5 stars
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.
Walker Law Firm, P.A. Edwin Walker Bankruptcy Debt Chapter 13 Chapter 7 Bankruptcy Lawyer Attorney Are you thinking about bankruptcy? Call our bankruptcy lawyer today for a free consultation. Walker Law is a trusted West Palm Beach, FL Bankruptcy Attorney. Walker Law Firm, P.A. Edwin Walker 2015-07-14 text Local Business 561.689.1512 Website for Bankruptcy Attorney in West Palm Beach, FL en Walker Law is West Palm Beach, FL Bankruptcy attorney specializing in Chapter 7 and Chapter 13 Bankruptcy. West Palm Beach, FL Access to Everyone