Bankruptcy Attorneys in Dania Beach
Being in a position where you have massive amounts of debt continuing to pile up, it can lead to one feeling overwhelmed and unsure of what to do next. In many cases, one of the best solutions for overcoming this debt is to file for bankruptcy. Of course, there are alternatives to bankruptcy depending on your specific financial situation as well. If you have found yourself facing a large amount of debt and are unsure of how to move forward, consult with an experienced Dania Beach bankruptcy attorney as soon as possible to learn about all of your options.
Here at Loan Lawyers, our bankruptcy attorneys in Dania Beach have over 100 years of combined experience and we are the leading bankruptcy law firms in South Florida.
Not only do we assist with bankruptcy cases, but we also handle cases related to tax law, foreclosure defense, debt relief, business law, and much more.
Experienced Dania Beach Bankruptcy Lawyers
Whether you are an individual facing large amounts of debt or a small business owner facing large amounts of debt, filing for bankruptcy can be a complex process if you are not aware of all of the legalities and procedures associated with it. You also may be unaware of which chapter is the right chapter for you to file under based on your current financial outlook. This is where our skilled Dania Beach bankruptcy attorneys come into play. We can complete a review of your finances and determine which chapter below is the best one for your specific case.
Chapter 7 bankruptcy starts with applicants taking a means test to determine eligibility. If eligible, individuals can liquidate their belongings, use those funds to pay off their debt, and then move forward with a fresh start financially
Chapter 13 bankruptcy is for those that do not qualify for Chapter 7 due to income. Here, individuals are typically granted a three-to-five-year extension on their repayment plan to help them have a longer time to pay off their debts. They also may be eligible for reduced monthly payments.
Chapter 11 bankruptcy is ideal for those with small business loans that are unable to continue to make payments but still maintain a steady income.
Requesting a Modification to your Mortgage or Loan
When we request a loan modification to your mortgage, we will negotiate with your creditors and lenders to come up with a solution that betters suits you financially. This could mean temporary payment pauses, reduced monthly payments, reduced loan interest rates, and so forth.
Contact Our Dania Beach Bankruptcy Attorneys
At Loan Lawyers, you can expect to be our top priority when you hire us for your legal service needs. Our ultimate goal is to help you get a fresh start financially and be able to breathe a bit more freely once you have gotten rid of your overwhelming amount of debt.