Knowing When to File Bankruptcy

For many people, the decision to file for bankruptcy is one of the most important, major life decisions they feel they must make. An experienced Bankruptcy Lawyer in Tampa can demystify the process and help you understand what to expect. The sooner you get help, the more choices you may have for dealing with it. Don’t wait until you are several months behind in paying your bills with no end in sight. Call an attorney who can counsel you on steps to take. If you have received a foreclosure or repossession notice for your home or vehicles, get in touch with a bankruptcy lawyer immediately. Seeking protection from the bankruptcy court may be your best option.

Types of Bankruptcy in Florida

The type of bankruptcy you’re eligible to file depends on a variety of factors. Your Bankruptcy Lawyer in Tampa will carefully review your financial picture and help you understand your options. Chapter 7 bankruptcy is the most common. Debtors can seek discharge of certain debts. It is the process most associated with giving a filer a “clean slate.” Chapter 13 Bankruptcy is another popular option for individual debtors. Chapter 13 can offer a reasonable repayment plan as well as other advantages. Your attorney will be able to tell you which type of bankruptcy might best suit your needs as well as give you careful analysis of the pros and cons of each type of filing.

You don’t have to handle your financial decisions alone. Put a skilled advocate in your corner.

The experienced Bankruptcy Attorneys at Savage Villoch, PLLC can help you make informed decisions about your legal options. To make an appointment for an initial consultation, call 813-251-4890 as soon as possible.