CHAPTER 7 BANKRUPTCY ATTORNEY

EXPERIENCED ORLANDO AND CENTRAL FLORIDA CHAPTER 7 BANKRUPTCY LAW LEGAL REPRESENTATION

Call Us Now 407.481.2888

The purpose of a Chapter 7 bankruptcy is to wipe out your debts, allowing you to get a "Fresh Financial Start".

In a Chapter 7 bankruptcy a trustee will be appointed by the court to liquidate (sell) all assets which do not fall under the bankruptcy exemption guidelines. The net proceeds collected in the liquidation of the non-exempt assets are then distributed to your creditors.

Debts which cannot be included for discharge in a Chapter 7 bankruptcy may include, but not limited to:

  • Alimony spousal support;
  • Child support;
  • Fraudulent debts;
  • Certain taxes;
  • Student loans;
  • And certain items which have been charged.

Budgen Law has successfully assisted many Florida residents in Chapter 7 bankruptcy proceedings throughout the years. With offices in Orlando, Tampa, and Lake Worth, Florida, we have the resources to provide our professional Chapter 7 bankruptcy attorney (lawyer) legal services in Central Florida, East Florida, and West Florida.

Typically an individual who files for a Chapter 7 bankruptcy has a large credit card debt which may include multiple credit cards, various unsecured bills with may be associated with various assets which the payment status may or may not be delinquent.

In many Chapter 7 bankruptcy situations you may be able to keep specific secured debts such as your car, furniture, or home, as long as you reaffirm your commitment to continue paying these debts. In order to keep these items in a successful Chapter 7 bankruptcy you must voluntary sign a "reaffirmation agreement", which stipulates that you cannot file bankruptcy to discharge the debt of these items for 6 years.

The purpose of the "Reaffirmation Agreement" is to protect "reaffirmed" debtors, as well as ensuring an individual does not try to abuse the bankruptcy process.

Budgen Law will advise you of how the reaffirmation process works and how it may affect your future. After this information is thoroughly explained, decisions will have to be made regarding whether or not it is in your best interest to reaffirm certain assets which are allowed to be reaffirmed in a Chapter 7 bankruptcy.

There may be many other Chapter 7 Bankruptcy issues that may have to be addressed, depending upon your unique circumstances and how the bankruptcy laws apply to your current situation.

Contact an experienced Chapter 7 Bankruptcy Attorney (lawyer) at the Budgen Law today to schedule a free and confidential legal consultation.

Call Us Now 407.481.2888

Orlando Chapter 7 Bankruptcy Lawyer, Todd Budgen provides experienced Chapter 7 Bankruptcy Attorney legal Services in Orlando, Longwood, Maitland, Orange County, Seminole County and the surrounding Central Florida areas.

BUDGEN LAW
640 East State Road 434,
Suite 3000
Longwood, FL 32750
Phone: 407.481.2888
Fax: 407.313.1119

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