Chapter 7 Bankruptcy Lawyer in Orlando

If you are unable to keep up with your finances, it is important to know that you are not without hope. By getting the involvement of a bankruptcy lawyer who you can trust, you can take the first step toward getting your finances under control and moving forward with a fresh start. At theLaw Offices of Joseph J. Mancuso, we offer legal help for bankruptcy that is honest, effective, and (best of all) affordable.

Our firm can help. Learn why you should call us:

• Free Consultation
• Nearly a 100 Years’ Combined Experience
• Genuinely Care About Our Clients

How Does Chapter 7 Work?

Chapter 7, also known as “liquidation bankruptcy,” involves the sale of a debtor’s property to help pay off creditors. While this can be frightening to some people, it is important to note that nonexempt property will not be liquidated; this usually means that debtors can keep their cars (up to a certain value), necessary clothes / household goods, jewelry (up to a certain value), pensions, etc. So while debtors may lose some of their property during a Chapter 7 bankruptcy—they will not lose all of it. In fact, they may not even lose most of it.

Just some of the benefits of filing for Chapter 7:

• Automatic Stay – Once you file, all creditors must stop all attempts to collect.
• Fast Process – Generally, Chapter 7 bankruptcy takes about 3-6 months.
• Get Rid of Unsecured Debt – Under Chapter 7, you can completely wipe away this type of debt.