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Bankruptcy
Florida Personal Bankruptcy LawyerWith the introduction of new bankruptcy laws in October of 2005, filing for personal bankruptcy has become more difficult. At the Law Offices of Paul Lee, we utilize over 40 years of legal experience in order to address your specific credit card debt and other debt relief needs. Our firm can help you understand which type of bankruptcy listed below is best for you, if any. Chapter 7 BankruptcyThis type of personal bankruptcy is dedicated to the dismissal of debts that are contained within the bankruptcy petition. In many cases, a Chapter 7 filing is referred to as a “fresh start” bankruptcy. Since each client’s situation is unique, each bankruptcy action is different. All of your debts may not be eligible for Chapter 7 bankruptcy. Special circumstances often apply. Chapter 13 BankruptcyThe Chapter 13 type of bankruptcy involves the reorganization of your debt. Current and future financial situations are taken into account when determining the best way in which the debts can be repaid. A steady and reliable income often aids in the repayment of these debts, and facilitates the filing of Chapter 13 bankruptcy. Occasionally, clients may benefit from both types of bankruptcy. In this instance, we can assist you in understanding how to go about determining which debts will need repayment and which could possibly be dismissed. Contact a Chapter 7 bankruptcy lawyer at the Law Offices of Paul Lee today. We offer a free initial consultation so you can discuss your specific situation and requirements with an attorney at our firm. Do not be afraid to take back control of your financial situation. Get in touch with our office today. We welcome our clients to tell their creditors to call our firm.
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