What is Chapter 7 Bankruptcy?
Filing for Chapter 7 Bankruptcy
Achieve Financial Freedom in Gainesville, FL
Are you struggling beneath the weight of overwhelming debt? Maybe you just went through a divorce, retirement, job loss, or medical emergency. Perhaps your salary was unexpectedly reduced, or you were forced to take time off from work because of a personal matter or a downturn in the economy. You may feel overwhelmed and frightened as you consider Chapter 7 bankruptcy for the first time. You are not alone and Barbara Cusumano, an experienced, compassionate Gainesville bankruptcy attorney, can help!
Why Choose Barbara Cusumano, Attorney at Law, as your Chapter 7 Bankruptcy Firm?
- 25+ years of bankruptcy law experience
- Thousands of clients helped to a fresh start
- 5-star client testimonials
- Accessibility, starting with a free consultation
- Kind, compassionate and results driven
- A top filer in the Gainesville area
- Well known and respected by the Bankruptcy Judges and Bankruptcy Trustees
- Discharged millions of dollars of debt for her clients
- Focused on Credit Rebuilding after bankruptcy
- Online Chapter 7 filings – no office visits necessary
My name is Barbara Cusumano, Attorney at Law and I am a Gainesville bankruptcy lawyer. Every day I speak with honest, hardworking men, women and business owners just like you who are facing insurmountable debt and financial difficulties. I understand the stress that you are under and I’m here to help! At our first meeting at my Gainesville, Florida office or via a phone call or video chat, I will listen to you and explore the bankruptcy options that are available to you.
About Chapter 7 Bankruptcy
If your income is below a certain level for your family size, you may be eligible to file for Chapter 7 bankruptcy. Chapter 7 allows you to eliminate unsecured debts including: garnishments, credit card debt, medical bills, and repossessions. Our average turnaround time between the time we file your case and the time that you are discharged of your debts is 90 days. Most of my clients keep all of their protected assets in a chapter 7 bankruptcy and start rebuilding their credit right away! Read about the steps to filing chapter 7 bankruptcy.
What Is the Means Test?
In order to qualify for Chapter 7, you will need to pass the Chapter 7 qualifying means test. The means test is a federally mandated calculation that compares your average monthly income earned over the last six months to your average allowed expenses. The remainder is your “disposable income.” If this amount is too high to qualify for Chapter 7 bankruptcy, you might still qualify to discharge some debts, and pay back others in manageable payments by filing for Chapter 13 bankruptcy. Barbara Cusumano is well versed on all the nuances of the Means Test to qualify clients for this favorable bankruptcy option.
Call Barbara Cusumano, Attorney at Law to Learn More!
If you have questions about Chapter 7 and your eligibility, please do not hesitate to contact my office. I truly enjoy helping my clients resolve their debt issues and achieve financial freedom. Over the course of 25 years in practice, I have walked thousands of Gainesville and North Florida clients through the bankruptcy process – discharging tens of millions of dollars of debt. I can help you too!
Call my Florida bankruptcy firm today to set up your first appointment! I offer a free and confidential case review.