Chapter 7 Bankruptcy Attorney Helps Florida Consumers Discharge Their Debt
Skilled bankruptcy lawyer counsels individuals in the Miami area seeking relief
Sometimes situations beyond your control can profoundly impact your earning potential and lead to overwhelming debt. If you find yourself unable to pay your bills, you may want to consider filing for bankruptcy. At the Montalvo Law Firm, I represent clients in the Miami area and throughout Florida who seek debt relief through Chapter 7 bankruptcy. Designed to give debtors a fresh start, this filing gives you and your spouse relief from debts through the liquidation of your assets. With extensive experience in this area, I can help you file for Chapter 7 quickly and efficiently. Once you have filed for bankruptcy, creditors must immediately stop collections efforts, including harassing letters and phone calls.
Florida advocate explains the Chapter 7 means test for qualifying debtors
To qualify for Chapter 7 bankruptcy relief, you must satisfy the court’s means test, which calculates your income and expenses compared to the median income in Florida. If you are not eligible for Chapter 7 bankruptcy, Chapter 13 may be available. The Montalvo Law Firm can help you determine whether you are eligible for Chapter 7 bankruptcy and if it is the best option for resolving your debts.
Firm assists with asset liquidation and debt discharge
Liquidation involves selling assets to satisfy as much of your debt as possible before the court orders a discharge for the rest of your qualifying debt. However, the law includes many exemptions that allow you to preserve assets, such as your car, clothing, and tools of your trade. I can help you determine which of your assets are eligible for exemption so you get the maximum protection under the law. Upon conclusion of the bankruptcy proceedings, the court grants a discharge of your remaining debt, with some notable exceptions. These include back child support and alimony payments, student loans, recent back taxes, and court judgments based on personal injury claims. I advise you about how much of your debt is dischargeable, so you can make an informed decision about whether to pursue Chapter 7 bankruptcy.
Preparing for your appointment with a bankruptcy attorney
So that I can immediately begin analyzing your case, it is necessary that you bring certain information to your appointment with the Montalvo Law Firm, including:
- A list of your creditors’ names, amount of each claim and nature of the debt
- Your employer’s name and your gross and net income
- Other sources of income and amounts
- A list of what you own and estimates of the value of each item
- A list of your monthly bills and details of each expense
This information can help the Montalvo Law Firm provide an accurate assessment of whether Chapter 7 bankruptcy is appropriate for you.
Contact an experienced bankruptcy attorney in Florida
Don’t continue to live under a cloud of unmanageable debt. Chapter 7 bankruptcy can quickly discharge your qualifying debt and give you a fresh start. Call 305-753-0990 or contact me online to schedule your free bankruptcy consultation at my Miami office.