Bankruptcy Lawyers North Lauderdale
When it comes to outstanding debt, there are actually many ways in which the debt can be resolved. In the state of Florida, filing for bankruptcy is typically a common solution. However, there are other options to overcome debt if you are looking to avoid bankruptcy. The solutions available just depend on your specific financial situation.
At Loan Lawyers, our North Lauderdale bankruptcy attorneys have represented thousands of individuals with large amounts of debt throughout the South Florida region to help them get back on their feet financially.
We make it our top priority to ensure that you will be free from debt by following the appropriate legal processes. We want you and your family to finally be able to feel secure financially again.
How Our North Lauderdale Bankruptcy Lawyers Can Help
At Loan Lawyers, our team of experienced North Lauderdale bankruptcy lawyers will help to determine whether it is the right time for file for bankruptcy or not. Once we have determined this, we will then help determine whether you should file under Chapter 7 bankruptcy or Chapter 13 bankruptcy.
Chapter 7 Bankruptcy
Chapter 7 bankruptcy allows you to start with a clean slate financially after debts are discharged. Typically, individuals will liquidate their assets and then the proceeds from this will go toward the repayment of debts. To qualify for Chapter 7, it is necessary for an individual to pass the Florida Means Test for bankruptcy.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy allows for repayment plans and the reorganization of debt while keeping most assets.
Chapter 11 Bankruptcy
Chapter 11 bankruptcy is usually the best option for business owners.
Contact Our North Lauderdale Bankruptcy Attorneys Today
Our North Lauderdale bankruptcy attorneys are always transparent and efficient when working on bankruptcy cases for our clients. We are by your side every step of the way, and we are sure to guide you through the entire process.
For more information please contact us at 954-523-HELP (4357) today.