Find the best possible solution for your finances!

Debt can creep up quickly and before you know it and the thought of repaying everything you owe seems impossible. This is where bankruptcy comes in. Choosing to file can give you a fresh financial start and help you discharge all or part of your debt. The key, however, is choosing the right chapter for your circumstances.

There is no doubt that bankruptcy law can be confusing. At my firm, I take the time to explain viable options to my clients, walk them through every step of the process, and help achieve an outcome that they are satisfied with. Put my experience as a Gainesville bankruptcy lawyer to work on your behalf.

Which chapter is better suited to my circumstances?

The biggest factor that affects which chapter people choose is their current disposable income. Chapter 13 is designed for those with enough income to repay some of their debts, while Chapter 7 allows debtors to have most of their debts completely erased. It is also important to determine whether you have property you want to hold onto after filing; Chapter 13 generally suits high income individuals with valuable assets worth keeping.

Chapter 7 is different than Chapter 13 because:

  • Both individuals and business entities can file
  • Disposable income must be low enough to pass the means test
  • Debt is discharged much quicker
  • Debtors cannot take advantage of lien stripping

You should always understand the pros and cons of both chapters before filing.

Gainesville Bankruptcy Attorney & Lawyer Barbara Cusumano

Begin the Process with a Gainesville Bankruptcy Attorney

While debt is certainly overwhelming, the good news is that you can begin taking steps to eliminate it starting today. My firm has the resources and experience to make the filing process as quick and painless as possible. Whether you are a struggling mom or dad, single person, business owner or retiree, bankruptcy may be the answer to your problems.

I look forward to making your financial goals a reality. Schedule a free consultation today and learn why debtors throughout Florida have trusted my skill and ability for the last 20+ years!

Call Now:

352.379.2828