St. Petersburg Chapter 7 Bankruptcy Attorney
LeavenLaw Can Help You Fight for a Fresh Start
If you have no conceivable way to pay off your debts within the next few
years, you may be eligible to file Chapter 7 bankruptcy. This type of
bankruptcy is the most commonly seen type among individuals. Chapter 7
Bankruptcy affords you an opportunity to discharge debts, bills and financial
obligations, while allowing you to keep exempt personal property. In most
circumstances, this will allow clients to keep most of their assets. A
Chapter 7 bankruptcy is designed to give families or individuals a fresh
financial start without being burdened by old credit cards, bills and
It is important to fully understand the potential
advantages of filing for Chapter 7 bankruptcy in Florida as well as how this will affect you and your family in the
LeavenLaw provides effective and personalized legal representation to individuals
and families throughout St. Petersburg,
Clearwater in Chapter 7 bankruptcy cases. You may be constantly harassed or contacted
by debt collectors. A lawyer can review your particular financial situation
and can discuss your short term and long term goals with you in order
to determine exactly how we can help. We have assisted thousands of clients
in reducing or eliminating their debt so they can face a brighter financial future.
To learn more about your specific situation,
contact LeavenLaw today. We offer free consultations!
Definition of Chapter 7 Bankruptcy
Chapter 7 bankruptcy is the form of
bankruptcy that more people are acquainted with. This is typically for individuals
in serious debt that have passed a certain standard in order to be eligible to file.
Take our means test to find out if you are eligible to file for Chapter
If properly handled, chapter 7 allows for the liquidation of the majority
of assets a person has in order to pay the deficiency they owe. While
this form is not for everyone due to the considerable impact it causes,
for those seriously indebted, it may be a last resort. If you are concerned
about liquidation and losing your home, car, heirlooms or other assets,
please understand that Florida bankruptcy exemption laws do provide for
bankrupt individuals to keep a vast majority (if not all) of their property.
No one will force you to sell your house and the clothes off your back
in order to pay your debts.
What Debts Cannot Be Discharged by Chapter 7 Bankruptcy?
In most Chapter 7 bankruptcy cases, the debtor is faced with a significant
amount of credit card debt and various other unsecured bills. In addition,
the debtor typically has few assets. Chapter 7 is generally able to eliminate
all of these types of debt for eligible debtors.
However, the following debts cannot be discharged in a Chapter 7 Bankruptcy:
- Child Support
- Certain Tax Debts
- Fraudulent Debts
- Student Loans
Filing for Bankruptcy Can End Creditor Harassment
The stress, anxiety and worry put upon you and your family by harassing
creditors, past due notices,
foreclosure actions and other situations brought upon by heavy debt can be handled.
As soon as you go through the steps to file bankruptcy, your creditors
will be legally required to immediately halt any collection activities.
If you were threatened with foreclosure, any motions regarding taking
your house back will be stopped.
Call a St. Petersburg Chapter 7 Bankruptcy Lawyer for a Free Consult!
contacting a St. Petersburg bankruptcy lawyer today, you have the opportunity to stop
creditor harassment or finally eliminate your debt! Something that sets LeavenLaw apart from
the rest is that we provide our creditor harassment representation automatically.
From the instant that you begin working with our firm on your bankruptcy
case, we will address creditor abuse as well.