Tampa bankruptcy attorneys solving your financial problems
Palm Harbor Bankruptcy is a legal process that helps individuals and businesses who cannot pay their bills to get a fresh financial start. The skilled attorneys at Palm Harbor Law Group, P.A. safeguard you through the steps of filing the appropriate type of bankruptcy. We help you navigate your financial difficulties and stop harassing creditor calls to set you on a course for a healthy economic future.
Our lawyers help to determine which route is best for you:
We can assist with your bankruptcy in the Tampa Bay Area
If you need help with bankruptcy, contact Palm Harbor Law Group, P.A. to set up a confidential consultation.
Chapter 7 is a fresh start for individuals, partnerships and corporations with no hope for repairing their financial situation. It is the most common form of bankruptcy and involves a liquidation of assets, where most or all of your assets are sold and the proceeds distributed to your creditors.
This type of proceeding helps people who have high-unsecured debts, such as credit card or medical bills. Assets — like your car and primary residence — may be declared exempt. There is a means test to determine if one has the ability to pay debts. If you are found to be able to pay, you cannot file a Chapter 7 bankruptcy. Our attorneys help you through the Chapter 7 filing process from start to finish.
Chapter 11 bankruptcies let companies function while executing a debt repayment plan. Often, the profitable parts of a business should continue to operate, thereby protecting jobs and revenue and allowing the business to pay off creditors over time. Chapter 11 is not just for billion-dollar corporations. Chapter 11 can be useful for many smaller companies with as little as one million dollars in revenue can reorganize successfully. The attorneys at Palm Harbor Law Group are ready to advise you.
Chapter 13 is especially helpful for those who have significant equity in a home or other property and want to keep it. It is designed for individuals with a regular income who want to pay off their debts but are unable to do so according to the terms demanded by creditors. Under court supervision and protection and with the help of the lawyers at Palm Harbor Law Group, we can propose a repayment plan to pay creditors over three to five years.
The lawyers at Palm Harbor Law Group are knowledgeable about state and federal laws to protect homeowners. We evaluate the foreclosure process and determine if you have rights in the way the bank is foreclosing on your home. If so, we use them to stop the foreclosure process and obtain a modification settlement. We are ready to help to defend you against any foreclosure actions so you can keep your home.