Deciding If Bankruptcy Is The Optimal Choice For You
Filing for bankruptcy is a big decision for one’s finances, and for many people, it can be the first step to getting the financial security that they need. However, bankruptcy law is complex. Furthermore, thinking about debt can be overwhelming — even if you are trying to find solutions.
You can gain personal advice about bankruptcy law at The Law Offices of Craig J. Brown, P.A. A lawyer from our firm can act as your advocate if you file for bankruptcy.
Learn About Your Options
Your bankruptcy options could be dependent upon your income-to-debt ratio. We will look at your financial status and inform you about which chapter of the law could provide relief.
The two most common types of bankruptcy for personal debt include:
- Chapter 7 bankruptcy, which typically involves the liquidation of nonexempt property to pay debts
- Chapter 13 bankruptcy, which allows the debtor to follow a multiyear payment plan for debts
Each type of bankruptcy offers unique benefits. Our experienced bankruptcy lawyer will communicate your interests during negotiations when the court determines whether you can discharge debts or create a new payment plan.
Once you have made an informed decision with your lawyer, we can explain which records are needed for the court, and then we can prepare the court filings. Upon filing for bankruptcy, your lawyer will represent you during all communications with creditors. Any creditors will be informed of the legal requirement to cease direct contact with you.
Consult With Us About Solutions To Debt
Bankruptcy law might present you with solutions to your money woes. The Law Offices of Craig J. Brown, P.A., could discover your best path forward when you can’t meet your debt obligations. For strong legal service in Tallahassee and the surrounding area, call us today at 850-580-1529 or 850-580-1Law, or email us with your questions. Se habla Español.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.