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, are lawyers are eager to make the filing process as seamless as possible. We have over 30 years of combined experience as Daytona Beach Chapter 7 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.
Florida Exemptions from Creditors
Florida has a list of things that are exempt from being collected on by creditors. Some of those things include:
- Your home, except for creditors that hold a mortgage or lien
- Up to $1,000 in person property
Since there are several exemptions, it’s important to talk about potential exemptions with an attorney!
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. Contact The Law Office of Jeffrey A. Klein to speak with a seasoned Daytona Beach Chapter 7 bankruptcy lawyer today.
We are always readily available to answer your questions.
We communicate directly with our clients, always promptly returning calls.
We are a husband and wife team that genuinely cares about our clients.