Considering Insolvency? Hire the best lawyer for your Bankruptcy defense.
Insolvency regulation allows borrowers, An bankrupcy attorney, that are incapable or partly incapable to pay superior financial debts, to free themselves of these debts and obtain a new beginning. Both government as well as state laws can impact a debtor looking for to apply for insolvency, and also an attorney can aid you recognize exactly how state and government bankruptcy laws use to you.
A bankruptcy lawyer can help – If you are struggling with high financial debt, getting phone calls from creditors or debt collector, or dealing with repossession, garnishment of wages, or foreclosure of home, submitting for personal bankruptcy may give you with solutions. Many bankruptcy attorneys will guide you thru the process, many law offices have expert attorneys in the matter.
When hiring a lawyer for Bankruptcy lawyers provide legal advice and services throughout a monetary crisis. In overall, there are 6 different kinds of insolvency. For persons seeking financial obligation alleviation, one option is Chapter 7 insolvency, which provides for liquidation of the borrower’s non-exempt assets. An additional popular option for individuals is Chapter 13, which enables for management and also reduction of debt through repayment plans. Firms and also collaborations filing for bankruptcy typically select to file under Chapter 11, which attends to supervised reorganization of business.
Experienced lawyers for bankruptcy counsel can assist you assess whether you need to seek a personal bankruptcy along with the Chapter under which to file. Personal bankruptcy lawyers can also help end bothering call from financial debt enthusiasts and also examine readily available legal choices when encountering a home 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
Florida Bankruptcy LawsBankruptcy law is the area of federal law that deals with the handling of bankrupt persons or businesses. Florida bankruptcy laws explain the federal bankruptcy process and common issues pertaining to residents of Florida.According to Florida bankruptcy law, a permanent resident of Florida can file bankruptcy in a Florida bankruptcy court. Florida has three bankruptcy courts, one in every bankruptcy district. They are Florida middle bankruptcy court, Florida northern bankruptcy court, and Florida southern bankruptcy court. All counties in Florida come under one of these bankruptcy courts. Bankruptcy has to be filed in the district of residence.Most bankruptcy claims are personal claims that come under Chapter 7 and 13 of the federal bankruptcy law. Chapter 7 is also named liquidation or straight bankruptcy. Chapter 13 bankruptcy is known as a wage-earner plan. When a Chapter 7 or Chapter 13 bankruptcy is filed, a trustee takes all the non-exempt property and sells it for the benefit of the creditors. But exempted property cannot be taken. Florida bankruptcy laws make determinations regarding non-exempt and exempt property. If Florida bankruptcy laws render a person ineligible for any exemption, he is allowed to choose federal exemptions.Florida bankruptcy laws deviate from the federal bankruptcy law mainly with regard to exempted property. Properties that can be exempted are included in the Florida bankruptcy exemptions chart. One can exempt any property that falls into any of the categories in the chart, up to the dollar amount listed. Florida bankruptcy laws allow liberal bankruptcy exemptions. Homestead (160 acres outside a municipality and ½ acre within a municipality), insurance, motor vehicle ($1,000), personal properties ($1,000), a portion of wages, life insurance policies, unemployment compensation benefits, disability benefits, pension and retirement funds, education funds, and health aid interest are among those exempted.The new Florida bankruptcy law, effective from October 17, 2005, makes filing bankruptcy cases more complicated. It incorporates impediments to filing bankruptcy, new court rules, new forms, and additional work for debtors and attorneys. According to the new Florida bankruptcy law, the Florida exemption law is applicable to your bankruptcy only if you have resided for two years in Florida, immediately prior to the filing date. If not, in order to get exemption, most of the 180 days prior to those two years should be spent in Florida.Bankruptcy may be the only solution for extreme financial hardship. At the end of the bankruptcy proceedings, the court discharges the borrower from the debts. The bankrupt person can start all over again with a clean financial slate, but a record of bankruptcy will remain on his credit profile for up to ten years.