CHAPTER 13 BANKRUPTCY LAWYERS OF STUART, FORT PIERCE AND ACROSS THE TREASURE COAST

The bankruptcy and credit counseling attorneys of Treasure Coast Legal represent individuals and families who are struggling with their monthly bills. Chapter 13 bankruptcy offers individuals residing in Florida who have income to restructure their debt and protect certain assets through the bankruptcy process. If you are a resident in Martin, St. Lucie, Orange, or Palm Beach Counties and you are earning some income, contact the lawyers at Treasure Coast Legal to discuss restructuring your monthly payments.

How Chapter 13 Bankruptcy Works in the State of Florida

Unlike the Chapter 7 process where your non-exempt assets are liquidated and your creditors are paid with the proceeds, Chapter 13 allows you and your attorney to negotiate with lenders and collectors to lengthen the terms of your loans, negotiate loan payoffs, and to develop a three to five year repayment plan to be submitted to the bankruptcy court. Chapter 13 bankruptcy is ideal for families and individuals who have some income coming into their households, but cannot keep up with their monthly bills. It also allows veteran attorneys the leeway to sit down with your creditors and create a plan that puts you back on the road to solvency.

Some of the benefits to Chapter 13 bankruptcy include:

• Preservation of your primary residence
• Protection of assets like cars and other items that might not otherwise be exempt
• Debt consolidation
• Lowering of monthly payments
• The automatic stay, which blocks creditor harassment
• Defense against foreclosure

When you complete your three to five year payment plan under Chapter 13, you are entitled to a bankruptcy discharge. Your credit can start rebuilding as of the bankruptcy filing date, rather than the discharge date.

Professional Bankruptcy Lawyers of Stuart, Fort Pierce, and West Palm Beach

If you are a South Florida or Central Florida resident and you are seeking protection under Chapter 13 bankruptcy, contact the law firm that has helped hundreds of clients through some of their toughest financial times. The bankruptcy attorneys at Treasure Coast Legal understand your financial dilemma and are hear to help. To schedule an appointment with one of Treasure Coast Legal's veteran bankruptcy lawyers, contact our Fort Pierce or Stuart law office immediately. Our phone number is 772-621-2898.