Jacksonville-Saint Augustine Attorneys For Chapter 7 And 13
The attorneys of the Duval County law firm of Beller & Bustamante, P.L. represent individuals who are seeking relief from debt through Chapter 7 and Chapter 13 bankruptcy. Most people only borrow money that they believe they will be able to pay back in the future, and plan their monthly budget accordingly. Unfortunately no one, however, is immune to a rapid change in circumstances. An illness, a lay off at work, a divorce, or a poor investment can place you in a very precarious financial position. Falling behind in your bills can result in:
- Foreclosure on your house or other real property
- Vehicle or equipment repossession
- Liens on your property
- Destruction of your credit
- Additional debt
- Reduced employ-ability
- Deteriorating personal relationships and health due to stress
The bankruptcy attorneys of Beller & Bustamante offer effective solutions to individuals and families who are awash in overwhelming bills and debt.
Duval and Saint Johns Lawyers Offering Bankruptcy Relief
If you are being pursued for debts that you are simply unable to pay in a manner demanded by your creditors, you should consider bankruptcy as an option. In many bankruptcy cases, our attorneys can protect personal assets such as your house, your car and other belongings. Additionally, once your Beller & Bustamante attorney files your petition for your bankruptcy, an automatic stay goes into effect. This means that your creditors cannot continue to contact you without obtaining a court order.
Chapter 7 Bankruptcy
When you file for bankruptcy you are called the debtor. In Chapter 7 bankruptcy, you can protect and keep certain property, and some items may need to be sold or bought back. Generally all of your debts are discharged – dismissed forever – at the end of the bankruptcy. Your attorney will explain to you how to protect all of your assets or what might be subject to sale, and which debts can be forever discharged, before you ever file for bankruptcy.
Chapter 13 Bankruptcy
In Chapter 13 bankruptcy, your attorney submits a three to five year plan to pay back all or part of your outstanding debts. If this is approved by the Florida bankruptcy courts, the creditors must accept these payments and any unpaid balances are discharged if you complete the plan. This debt restructuring is particularly useful when the debtor is attempting to keep a home or automobile.
Trusted Bankruptcy Attorneys in Northeastern Florida
For over thirty years the bankruptcy attorneys of Beller & Bustamante have assisted residents of Jacksonville, Saint Augustine, Duval, Clay, Flagler, Putnam, Saint Johns, and the rest of northeastern Florida. If you are being pursued by creditors who you know you are unable to repay and are interested in knowing more about bankruptcy in FL, contact the Jacksonville law office of Beller & Bustamante, P.L. at (904)288-4414.