Bankruptcy Lawyer Florida

Orlando Bankruptcy AttorneyIf history is any indicator, neither billionaires nor the working class are immune from financial distress. Consumers will usually look at filing bankruptcy as a means of ending constant harassment by creditors. Yet bankruptcy is a path that one should embark on only after careful examination of all other alternatives. While it is designed to provide relief from ballooning debts, some of its consequences may linger for years. As Orlando bankruptcy attorney with a stellar reputation, Badgley Law Group will advise you on your options.

We’ll first explore remedies that do not require bankruptcy filing. One alternative would be to open direct negotiations with your creditors. We’ll request for the modification of loan terms including reduced installments and an extension of the repayment period. Debt consolidation could also help as would the credit counseling required before bankruptcy filing.

Bankruptcy is certainly not the only means of being protected from creditor collection. That being said, in instances where bankruptcy is the best path, it is crucial that you move with speed. Some legal rights would be in jeopardy the longer you wait. An example is asset repossession or home foreclosure. A bankruptcy filing can prevent this from happening but only before the sale has been completed. Once the asset is sold, the debtor has lost their legal interest in it and cannot reverse the process.

Appointing Orlando bankruptcy attorney early could make the difference between losing and rescuing your most prized assets. Badgley Law Group has assisted thousands of clients in Orlando file bankruptcy, won several major victories and have distinguished ourselves in our singular pursuit of our client’s interests. We have helped families break the shackles of debt, cut monthly debt repayments by the hundreds of dollars, rescue their homes, keep their cars and start a new life on a confident footing.

Despite our success, we still recognize that each bankruptcy case is unique and requires careful assessment before choosing an appropriate course of action.

Types of Bankruptcy We Handle in Orlando

Bankruptcy filings in Orlando may fall in one of several categories. Each category is named after the chapter of the bankruptcy code that describes it. Overall, the bankruptcy chapter you file under mainly depends on your income, your debts, your assets, type of debt (secured vs. unsecured) and your overall goal of filing bankruptcy. Most debtors will file for either Chapter 7, 11 or 13. Individuals mostly utilize Chapters 7 and 13 while Chapter 11 is mostly associated with businesses.

Speak With an Experienced Orlando Bankruptcy Attorney For Free

Nothing legally prevents you from representing yourself in a bankruptcy proceeding. However, bankruptcy can be a complex process with numerous points to consider. A few wrong moves and you could emerge from bankruptcy in a much worse state than you had anticipated. There is no guarantee that the court will discharge your debts once you file.

It is therefore important to obtain wise counsel on whether filing is a good idea, what chapter to file under, how to leverage exemption provisions and knowing what bankruptcy will protect you from. Whereas you can always assess your own circumstances, it always helps to have a trained and objective eye take a look at your assets, liabilities, income and expenses. Get in touch with an experienced Orlando bankruptcy attorney at Badgley Law Group for a free evaluation of your case.

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