If you’re deciding to file bankruptcy talk with an attorney before you decide to file. Find out how the process works and whether you qualify for Chapter 7 bankruptcy, Chapter 11 bankruptcy or Chapter 13 bankruptcy.
You may think that a Chapter 7 bankruptcy is what you want to file. Well, you actually don’t get to choose: your income level, cost of living, debt, city and county determine your ability to file bankruptcy.
Yes, filing bankruptcy is a choice but the Chapter of bankruptcy you will file is NOT. Choosing to file bankruptcy is a major decision and should be carefully weighed after talking with an extremely knowledgeable bankruptcy attorney.
Before you decide to file bankruptcy, meet with a bankruptcy attorney with the experience to know what’s going to be in your best interest. Then ask yourself whether the debt relief offered through bankruptcy will solve your financial challenges.
Talking with a bankruptcy attorney will immediately provide you with answers. Consultations are in-person, should last 15-20 minutes. After that time you should have an idea as to whether you’ll hire the attorney.
Greece, Italy, Germany, France, Spain and other countries were harsh on those who filed bankruptcy–no matter the reason. There was no leniency offered, no help, no rehabilitation for those who struggled financially.
The U.S. Congress introduced bankruptcy as a means to right and rehabilitate financial challenges that citizens experienced.
Lanigan and Lanigan has provided bankruptcy support to businesses and individuals in Florida since 1976. There’s not a problem, issue or question that a client hasn’t asked. And every question is valid because before you consider filing bankruptcy, you should get answers relevant to you.
Every case is different and your friend, neighbor or co-workers shouldn’t influence your decision to file or not to file. Usually, it’s a very personal financial choice and a legal option that was created to provide debt relief and economic restructuring and counsel to those so that past challenges aren’t repeated.