Daytona Beach Chapter 7 Attorney
Those who've successfully filed for Chapter 7
bankruptcy know that January 1
st isn't the only time a fresh start is possible. When you're in
debt, choosing to file for Chapter 7 bankruptcy can deliver unparalleled
benefits for your finances and your future.
How does Chapter 7 help me?
- The elimination of most debt
- The ability to keep future income
- No repayment plan
- Putting an immediate stop and end to creditor harassment
While not everyone is privy to these benefits,
The Law Office of Jeffrey A. Klein can assess your circumstances and guide you toward the most effective
solution. If Chapter 7 bankruptcy is right for you, we are eager to make
the filing process as seamless as possible. We have
more than a decade of experience as Daytona Beach bankruptcy attorneys and regularly achieve victories
for our clients!
Steps in the Chapter 7 Process in Florida
Before filing, you must pass the Chapter 7 means test. If your income is less than the average income for a family in your state,
you pass. If not, you must determine whether you have enough disposable
income to repay certain debts.
You are then required to
fill out the necessary forms and describe your property, your income and monthly expenses, and your
debts. Immediately after filing, an automatic stay becomes effective.
This automatic stay prevents creditors from harassing you for repayment.
The final step is
attending a creditors meeting. The meeting is run by the bankruptcy trustee and serves as a way to review
the papers you submitted and discuss any discrepancies. Under Chapter
7, you typically get to keep the majority of your property. Most debt––including
credit-card charges, medical bills, and personal loans––is
discharged by filing.
Put your future in our confident hands!
For many years, people in debt essentially viewed bankruptcy as a taboo
subject and something that should only be used as a last resort. We happily
tell clients that this is far from the truth! At your consultation, we
hope to dispel many myths about bankruptcy and discuss why it might be
the very best thing for your finances. There is no better time to get
started than today.