Examining Your Debt Relief Options
Winter Park Attorneys Caring for Your Long-Term Financial Needs
There are a variety of causes (medical expenses, job loss, divorce, among others) that force hardworking people into a situation where they are unable to pay bills as they come due. Fortunately, bankruptcy is a legal option that allows consumers to gain a fresh financial start, halt creditor harassment, stop wage garnishment and even avoid foreclosure.
At Adams & James, P.L., we will help you determine whether filing for bankruptcy is in your best interest. Our skilled lawyers serve clients throughout Central Florida and will discuss the process with you to help you make an informed decision about your future. Contact us at 407-278-4310 or 888-624-7109 to discuss your financial concerns in a free initial consultation.
Chapter 7 and Chapter 13 Bankruptcy
You may be eligible for one of two bankruptcy options:
- Chapter 7: Filing for Chapter 7 bankruptcy begins the process to discharge your unsecured debt. This usually takes between 90 to 120 days. We will help you take advantage of state and federal exemptions that may likely allow you to save your home, car and other personal property.
- Chapter 13: In Chapter 13 bankruptcy proceedings, the court will restructure your debt in to monthly payment plan that will last between three and five years. Your remaining debt will be discharged after the allotted period of time. This option is often favorable for indebted individuals who earn a consistent wage. In certain circumstances, filing for Chapter 13 can be a vital step in avoiding home foreclosure.
Our goal is to help you back on your feet; at Adams & James, P.L., we will help you develop a strategy that balances your long-term interests with your immediate needs. We are up-front and honest about the cost of our representation and will guide you through each step of the legal process.
Contact me to schedule a free initial consultation and learn more about our debt relief service.
