If you have given some thought to filing bankruptcy, you can learn more about Florida bankruptcy laws by speaking with a local bankruptcy lawyer. When your questions about bankruptcy are answered, you can to decide which option - Chapter 7 or Chapter 13 - may be best for you.
This page provides some general information about Florida's bankruptcy laws, but for more information, or to get a free case evaluation by a local Florida bankruptcy lawyer, complete the free form on this page.
Or, you can call, 877-349-1309 and we'll connect you with a local bankruptcy lawyer right away.
A Florida bankruptcy lawyer will likely begin your consultation by asking very personal questions concerning your assets, debts and your short and long-term financial goals during this meeting. The answers you provide to these questions will help you and your lawyer decide if filing Chapter 7 or Chapter 13 bankruptcy is right for you.
Chapter 7 bankruptcy is usually called “liquidation” because the bankruptcy trustees in Chapter 7 bankruptcy cases may opt to sell any non-exempt property the debtor owns.
In many Chapter 7 bankruptcy cases, the debtor does not own any non-exempt assets, so no property is sold. Unsecured debts may be completely discharged in Chapter 7, making it an attractive bankruptcy option.
If you are filing Chapter 7 bankruptcy, your first task will be to find out from your Florida bankruptcy lawyer which and how much of your assets may be exempt from liquidation.
Chapter 13 bankruptcy is generally called "reorganization." Debtors who Chapter 13 bankruptcychoose to file may be able to keep most of their property. A 3-5 year debt repayment plan to catch up on past due debts must be approved in Chapter 13 bankruptcy cases.
If you decide to file Chapter 13 bankruptcy, one of your first priorities will be creating a proposed debt repayment plan.
Florida bankruptcy laws can be complex and confusing. Many people who consider filing bankruptcy can feel frustrated by all of the details. Your Florida bankruptcy lawyer may clear up any confusion by plainly explaining the bankruptcy process.
We make it simple to find a local bankruptcy lawyer. Fill out the free form on this page or give us a call at 877-349-1309, and we’ll connect you with a Florida bankruptcy lawyer near you.Speak to a Bankruptcy Lawyer Today
In South Florida? Click here to speak with a Miami bankruptcy attorney today.
Note: Keep in mind all laws are complex. If you need legal advice or want to fully understand how these laws affect you, please speak with a local attorney.
Laws may have changed since our last update. For the latest information on your state's bankruptcy laws, speak to a local bankruptcy lawyer.
PAID ATTORNEY ADVERTISEMENT: THIS WEB SITE IS A GROUP ADVERTISEMENT AND THE PARTICIPATING ATTORNEYS ARE INCLUDED BECAUSE THEY PAY AN ADVERTISING FEE. It is not a lawyer referral service or prepaid legal services plan. Total Bankruptcy is not a law firm. Your request for contact will be forwarded to the local lawyer who has paid to advertise in the ZIP code you provide. Total Bankruptcy does not endorse or recommend any lawyer or law firm who participates in the network nor does it analyze a person's legal situation when determining which participating lawyers receive a person's inquiry. It does not make any representation and has not made any judgment as to the qualifications, expertise or credentials of any participating lawyer. No representation is made that the quality of the legal services to be performed is greater than the quality of legal services performed by other lawyers. The information contained herein is not legal advice. Any information you submit to Total Bankruptcy does not create an attorney-client relationship and may not be protected by attorney-client privilege. Do not use the form to submit confidential, time-sensitive, or privileged information. All photos are of models and do not depict clients. All case evaluations are performed by participating attorneys. An attorney responsible for the content of this Site is Kevin W. Chern, Esq., licensed in Illinois with offices at 25 East Washington, Suite 400, Chicago, Illinois 60602. To see the attorney in your area who is responsible for this advertisement, please click here, or call 866-200-8052.
FLORIDA ONLY: Total Bankruptcy is considered a lawyer referral service in the state of Florida under the Florida Rules of Professional Conduct. By all other standards, Total Bankruptcy is a group advertisement and not a lawyer referral service.
If you live in Mississippi, Missouri, New York or Wyoming, please click here for additional information.
By an Act of Congress and the President of the United States, we are a federal Debt Relief Agency. Attorneys and/or law firms promoted through this Web site are also federally designated Debt Relief Agencies. They help people file for relief under the U.S. Bankruptcy Code. Disclosures Required Under the U.S. Bankruptcy Code.