West Central Florida Debt Relief Lawyers Helping Clients File for Chapter 7 Bankruptcy
Many people in the current economy are looking for any avenue to help relieve their financial burdens. You may try to renegotiate a mortgage, cancel credit cards, or eliminate many non-essential expenses such as vacations and magazine subscriptions. The truth is, sometimes, all of these things can only do so much to help your situation and a more drastic measure must be taken to help achieve financial freedom.
The stigma associated with filing for bankruptcy does not exist anymore. This is a valid option provided under law and because of its popularity, the government has recently made it more difficult to qualify for Chapter 7 bankruptcy. This is why it is crucial to seek out the experienced bankruptcy lawyers at Carnal & Mansfield, P.A. who can help you see if you qualify and help you file for Chapter 7 bankruptcy if you do. Contact us today to see how we can help you.
How Do I Know if I Qualify for Chapter 7 Bankruptcy?
When you meet with our knowledgeable bankruptcy lawyers, we will carefully listen to you describe your situations and your financial goals. We will perform an income analysis to see if you fall within the limits established under the bankruptcy code by looking at the previous six months prior to you filing for debt relief. In some cases, if your income is too high, we can still help you qualify by using deductions that are allowed under the code for individuals.
Chapter 7 Bankruptcy and the Discharging of Debts
If you do qualify under the code, we will help you enroll in the mandatory credit counseling course required before you file and second course on credit counseling budget education, which must be completed within 90 days of your case being filed and the discharge being entered by a judge.
Although filing for Chapter 7 bankruptcy will adversely affect your credit, it will also give you a chance to wipe the slate clean. You will not be required to repay your debts once they are discharged. We will help you evaluate your assets as well as what exemptions are appropriate to help you keep certain property. We will also help you with asset liquidation.
If you are eligible for Chapter 7 bankruptcy but want to keep certain assets, we can counsel you about if filing for Chapter 13 bankruptcy may be a more appropriate option.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. Contact us today to schedule an appointment at our St. Petersburg office if you have questions about filing for Chapter 7 bankruptcy.
Carnal & Mansfield, P.A.
6528 Central Ave, Suite B
St. Petersburg, Florida (FL) 33707
Phone: (727) 381-8181 ▪ Fax: (727) 381-8783
Carnal & Mansfield, P.A. practice elder law in St. Petersburg, Florida and the areas of St Pete Beach, Clearwater, Pinellas Park, Largo, Pasadena, Gulfport, Seminole, Tampa, New Port Richey, Oldsmar, Treasure Island, Madeira Beach, Tarpon Springs, Dunedin, Safety Harbor
Pinellas County - Hillsborough County - Pasco County - Manatee County