Pembroke Pines Bankruptcy Lawyers
Despite the negative connotation that is often associated with bankruptcy, this process is designed to help those struggling with debt to get back on their feet. It is highly recommend to avoid putting off filing for bankruptcy as your debts will just continue to increase.
While filing for bankruptcy can really jump start your path to financial freedom from debt, it can be a difficult and time-consuming process. This is why it is absolutely critical to consult with our Pembroke Pines bankruptcy attorneys prior to moving forward with filing a claim.
At Loan Lawyers, our Pembroke Pines bankruptcy lawyers can help you through the entire bankruptcy process so that you can see the best outcomes in the end and begin your pathway to freedom from large amounts of debt.
The Long Bankruptcy Process
The process of filing for bankruptcy can be quite complex and there are various laws and limitations that can come into effect when it comes to your eligibility for the different claims.
Loan Lawyers is a leading bankruptcy law firm that has years of experience in successfully helping thousands of clients file for bankruptcy and get on the path to a fresh start financially. We will help you through the procedures so that you can start paying off your debts and eliminate your financial struggles.
Chapter 7 Bankruptcy
Chapter 7 Bankruptcy allows for the complete forgiveness of outstanding debts owed. However, it is often difficult to qualify for this chapter as you must be below a certain income level. When you apply for this chapter, you must take a ‘Means Test’ which evaluates your income against the amount of debt owed.
In addition to this ‘Means Test’, there are also state laws that can affect your qualification for Chapter 7. Take advantage of the knowledge and experience of our Pembroke Pines bankruptcy lawyers so that you are fully aware of your eligibility for this type of claim.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy is the alternative when individuals are unable to qualify for a Chapter 7 bankruptcy claim. In Chapter 13, you are usually able to receive a five-year payment extension or modified repayment amounts based on your exact financial situation.
Chapter 11 Bankruptcy
Chapter 11 bankruptcy claims are usually filed by business owners that have large loans to repay or individuals with unusually high debts. Chapter 11 bankruptcies are very complex and it is highly recommended to consult with our bankruptcy attorneys in Pembroke Pines to make sure you are following the correct procedures required for Chapter 11.
Contact The Pembroke Pines Bankruptcy Attorneys At Loan Lawyers
If you are struggling financially with tons of debt, then it is time to contact skilled bankruptcy lawyers in Pembroke Pines so that you can get on your way to becoming debt-free.
Contact Loan Lawyers at 954-523-HELP (4357) for a legal consultation today.