Bankruptcy laws are complicated! It is extremely important that your bankruptcy petition is accurate and complete in all respects. A caring, knowledgeable legal team who know and understand bankruptcy laws and who will stand by your side from the beginning of the process until the end is not a luxury...it’s a MUST!
In 99% of cases, a bankruptcy allows you relief from the debts you owe from the very day the bankruptcy petition is filed! Those annoying creditors can no longer phone you, nor can they send you any more threatening letters. They can no longer terrorize you with lawsuits, judgments, or liens against your property and with only a few exceptions, creditors will have no claim on your present or future income or assets. Consumer-based debts (credit card debts, most loans, medical bills, liens, judgments, etc.) are almost always dischargeable!
In Florida, you are allowed to keep personal property. You can also keep your car and your house. However, in many cases, your home may already be in foreclosure. If that is the case and you want to keep your hard-earned equity and/or remain a homeowner instead of becoming a renter, you should IMMEDIATELY find a skilled attorney who will represent your interests. In many cases, mortgages can be modified in conjunction with a bankruptcy and your house payments may be lowered, allowing you even more financial relief.
Most people think that their credit is ruined after a bankruptcy and they will never again be free from the “shame” of being bankrupt. That is not true! In fact, most people find that they have a higher credit rating AFTER they file bankruptcy! What is more, because you are free of crushing consumer debts, you have more monthly income to allow you to make car payments, house or rent payments and utility payments on time. Most people can reestablish good credit in as little as two years!
If you find yourself crushed by consumer debt, are being attacked by creditors, have a home in foreclosure, are drowning in medical bills, and/or have liens and judgments against you, NOW is the time to seek the advice of a skilled bankruptcy team who genuinely cares about you and your situation. Our clients are our most valuable asset and we treat you with respect and consideration. Please schedule a FREE consultation at Arcadier & Associates…and sleep better tonight!