An aggressive, yet accessible Miami and Fort Lauderdale bankruptcy Chapter 7 attorney, Jeffrey Exposito provides proactive representation for clients who are currently under the weight of crippling debt. Exposito Law is a great resource to turn to as you seek a fresh start.
What is Chapter 7 Bankruptcy?
Sometimes referred to as liquidation bankruptcy, Chapter 7 involves the cancellation of most, or in some cases, all debts. The process is typically quick, with most Chapter 7 cases resolved within six months. Eligibility hinges on bankruptcy history and whether you are deemed capable of completing a Chapter 13 repayment plan.
Benefits of Chapter 7 Bankruptcy
Chapter 7 bankruptcy offers the promise of a fresh start, as it relieves you of the vast majority of your debts. It is a prudent choice if you believe that you cannot successfully complete repayment via Chapter 13 bankruptcy. With Chapter 7, you are able to retain your income, making it easier to get back on your feet after you declare bankruptcy. Keep in mind, however, that not all forms of debt can be discharged via Chapter 7.
Chapter 7 is not a wise choice for everybody, so it is important to meet directly with a Miami bankruptcy attorney who can advise you on your options. Once you determine which approach is best for your financial situation, you can work with your attorney to achieve a prompt resolution.
A Respected Bankruptcy Chapter 7 Attorney
If you are interested in pursuing Chapter 7 bankruptcy but not certain whether it is the best approach for your situation, it is in your best interest to contact a trusted law firm such as the Exposito Law.
Jeffrey Exposito has a thorough understanding of the bankruptcy process in Florida. His proactive representation will help you get your finances in order, escape creditor harassment, and achieve a fresh start. Contact the Exposito Law to learn more about Chapter 7 bankruptcy and your options as a debtor.