Considering Insolvency? Hire the best lawyer for your Bankruptcy defense.
Personal bankruptcy regulation allows debtors, An bankrupcy attorney, that are unable or partly unable to pay arrearages, to clear themselves of these financial debts and also get a fresh start. Both federal and state legislations can influence a borrower seeking to apply for insolvency, and also an attorney can aid you understand how state and also federal bankruptcy laws put on you.
A bankruptcy lawyer can help – If you are having problem with high financial debt, receiving telephone calls from financial institutions or debt collector, or encountering repossession, garnishment of salaries, or repossession of property, declaring insolvency may give you with options. Many bankruptcy attorneys will guide you thru the process, many law offices have expert attorneys in the matter.
When hiring a lawyer for Personal bankruptcy lawyers provide lawful suggestions and services throughout a financial crisis. In total amount, there are six various sorts of personal bankruptcy. For persons seeking financial debt alleviation, one alternative is Chapter 7 personal bankruptcy, which attends to liquidation of the debtor’s non-exempt assets. Another popular option for people is Chapter 13, which permits for monitoring and also decrease of financial obligation via layaway plan. Corporations as well as partnerships declaring insolvency typically choose to submit under Chapter 11, which provides for monitored reorganization of the service.
Experienced lawyers for personal bankruptcy advise can help you review whether you need to seek an insolvency along with the Chapter under which to submit. Insolvency attorneys can likewise help end bugging telephone call from debt collection agencies as well as review readily available lawful alternatives when facing a residence repossession.
Get help from a compassionate attorney who wrote the book on freedom from debt, many lawyers can help you, many law firms charge a hefty fee.
Edward N. Port is an attorney with 24 years of experience in the practice of law, including working as a prosecutor and representing major credit companies. For the past 17 years, Ed Port has devoted his practice exclusively to helping consumers protect their assets, stop creditor harassment and find a way out of debt through solutions such as bankruptcy and loan modification. Navigating the rough waters of credit and debt can be treacherous. The Port Law Firm is YOUR port in the storm.
When you hire The Port Law Firm for help with your legal issue, attorney Ed Port will meet with you personally. Mr. Port oversees your case from beginning to end, and you can get in touch with him whenever you need him. You can expect that your case will go smoothly, with positive results and an outcome you can be happy with. Contact our West Palm Beach & Port St. Lucie bankruptcy lawyers for help with any of the following:
- Get Free of Debt with Chapter 7 attorney–Debtors who qualify for Chapter 7 can rid themselves of out-of-control credit card debt and mindboggling medical bills. With a thorough understanding of the Florida bankruptcy exemptions, The Port Law Firm can help you obtain a no-asset bankruptcy, meaning a comprehensive discharge of unsecured debt without having to sell off any of your property.
- Adjust Your Bills in Chapter 13 – Consumers who do not qualify for Chapter 7, or who need help hanging on to a home, car or other important property, can benefit from a Chapter 13 debt adjustment. If you have a steady income, a Chapter 13 plan can reorganize your debts into a monthly payment you can afford and put you on a path to financial freedom in as little as three or five years.
- Stop Foreclosure and Save Your Home – If you are falling behind on your mortgage payments, even if you are in default and foreclosure proceedings have already begun, our attorneys can stop a foreclosure in its tracks and work to find a solution that helps you keep your home, such as removing a second mortgage or obtaining a loan modification that results in a realistic payment you can afford. When keeping the house doesn’t make financial sense, we find a solution that lets you walk away from the home while keeping a foreclosure off your credit report.
- Asset Protection – You work hard all your life to build a secure financial picture for your family and their future. Unfortunately, a lawsuit can come at you from any direction – an auto accident, business litigation, a slip and fall on your property – and can threaten to wipe out everything you have worked so hard to create. Our asset protection practice employs a variety of strategies tailored to meet your particular needs and circumstances.
Contact Our Experienced Lawyer in West Palm Beach & Port St. Lucie Bankruptcy Lawyers Today
Giving clients access to our attorney and staff are a priority for us at The Port Law Firm. Evening appointments are available as needed, and Spanish-speaking services are available for your convenience. We offer a free initial consultation along with a variety of payment options, including payment plans and low flat fees. Call us today at 561-721-1212 in West Palm Beach or 772-323-2320 in Port Saint Lucie to solve your credit problems and take control of your debt. We look forward to hearing from you and helping you to become debt free.
Call Today for a Free Bankruptcy Attorney consultation! 561-258-9386
Bankruptcy Attorney Services we offer in Florida:
Our Lawyers Practice areas
- Bankruptcy Attorney
- Chapter 7 Bankruptcy
- Chapter 13 Bankruptcy
- Asset Protection
- Creditor Harassment
- Debt Lawyer
- IRS Debt Attorney
- Loan Modification Lawyer
- Student Loan Debt Lawyer
Bankruptcy Lawyers Areas We Serve in Florida
Boca Raton | Boynton Beach | Delray Beach | Lake Worth | Palm Beach Gardens | West Palm Beach | Atlantis | Belle Glade | Greenacres | Lake Worth | Pahokee | Palm Beach Gardens | Riviera Beach | South Bay | Westlake | Fort Pierce | Port St. Lucie | Towns | St. Lucie Village | Tradition | Fort Pierce North | Fort Pierce South | South Hutchinson Island | Indian River Estates | Lakewood Park | River Park | White City | St. Lucie County | Palm Beach County
Transactional CommunicationWhen a company or an individual is unable to repay a loan, the individual or the company is considered to be bankrupt. Sometimes companies incur heavy financial losses. For example, a printing firm gets 80 percent of its total income from a single publisher. If the publisher diverts its order to a different company, the printer loses a large portion of its total income. The printing firm becomes bankrupt.Bankruptcy involves two parties: the debtor and the creditor. The debtor is the party in debt, who owes money to the creditor. A debtor can be a company or an individual. The creditor is an organization or individual to whom the debtor owes money. Most bankruptcy cases involve several creditors. There are basically three types of bankruptcy.When a company is bankrupt, the trustee, a person appointed by the court, sells all of debtor's non-exempt assets so that the debts can be repaid. This type of bankruptcy is known as liquidating bankruptcy, or Chapter 7 Bankruptcy. Individuals, corporations and partnerships file this bankruptcy.Suppose a business or an individual is bankrupt, but continues to function, maintains ownership of all assets, and tries to work out a reorganization plan to pay off creditors. This is known as Chapter 11 bankruptcy. Usually, businesses and individuals who have unbearable debt file this bankruptcy.An individual owns and controls his assets and works out a repayment plan with his creditors. This is known as Chapter 13 bankruptcy. Though it is like Chapter 11, this bankruptcy involves only individuals. The debtor retains control and ownership of the assets.Whether it is a company, business or an individual, once bankrupt, the best person to turn to for advice and help would be a bankruptcy lawyer. The bankruptcy lawyer offers help to the client, who may be an individual, company or business, as described below.He collects and files all the bankruptcy documents with the bankruptcy court. After this, the creditors are informed by the court clerk that a petition has been filed. Thereafter, a meeting of creditors is held at the court, with the trustee acting as President. It is mandatory for the debtor to attend this meeting.After this, on the direction of the court, the trustee sells all of debtor's non-exempt assets for the benefit of the creditors. Finally, the debtor is discharged and all debts, with some exceptions, are written off. http://www.floridabar.org, the official web site of the Florida Bar Association (the regulatory body of all practicing lawyers in the state), publishes several pamphlets, including one entitled `Bankruptcy,' for the general public. The website also has a lawyer referral service to locate Bar-Certified bankruptcy lawyers in Florida.