Bankruptcy Questions

What is the Bankruptcy Process?

FILING FOR BANKRUPTCY IN FLORIDA

You should not have to deal with creditor calls and collection agencies on a daily basis. No one deserves to feel a constant uneasiness every time they answer the phone or open their mail solely because they cannot pay their creditors. If you believe that bankruptcy is your only option for financial relief, you may wish to speak with an experienced West Palm Beach bankruptcy attorney.

Since every individual’s bankruptcy situation is unique, I can help determine what your legal options are to obtaining a new financial beginning so you can make an informed decision regarding filing for bankruptcy. If bankruptcy is a good solution for your situation, I may advise that you take a means test so you may learn if you should file for Chapter 13 or Chapter 7 bankruptcy.

WHAT DO YOU NEED TO DO TO FILE FOR BANKRUPTCY IN WEST PALM BEACH?

There are many different forms concerning your debts, assets and income which can be filled out in the comfort of your own home and brought to me for review. When I receive a client’s bankruptcy forms, I thoroughly exam said documents to ensure that my clients are not fined or are possibly facing legal actions against them due to improper filing.

After I carefully prepare your petition, it then gets filed with the court and an automatic stay is placed on all collection actions. This means no more letters or phone calls from creditors. If you file for Chapter 13 bankruptcy, you must begin making payments to the bankruptcy trustee within 30 days of your filing. As an experienced West Palm Beach bankruptcy lawyer, I can help you through every step of the bankruptcy process.

NEXT STEP: 341 MEETINGS

Within 10 days of your filing for bankruptcy, you may receive a notice from the court, which will have a meeting date and time. Depending on which chapter of bankruptcy you filed for, you may be required meet with the bankruptcy trustee and your creditors on said day to answer questions concerning you income, expenses, assets and debts. If there are no valid objections to your form of bankruptcy, your debt will be discharged.

If you filed for chapter 13 bankruptcy, the trustee may examine your proposed payment plan, and creditors have the option to dispute the plan you submitted if they do not agree to such terms. Those who file for Chapter 7 bankruptcy usually do not have to appear in court and often do not have to see a bankruptcy judge unless an objection is raised by creditors.

HIRE A WEST PALM BEACH BANKRUPTCY LAWYER

If you wish to successfully resolve your financial problems once and for all, it may be ideal for you to hire a West Palm Beach bankruptcy lawyer. It is my job to manage your case and support you throughout the entire bankruptcy process. I understand that filing for bankruptcy can be a difficult and stressful period, which is why I feel it is important to work together to achieve your goals.

I can also help clients establish a life after bankruptcy, which includes helping them create monthly budges to ensure that they save and spend money wisely. If you wish to discuss your concerns with a bankruptcy lawyer who provides friendly, efficient and effective guidance and advice, call me, Attorney Edwin Walker at Walker Law Firm, P.A. as soon as possible.