Many people in Florida wrongly believe that they will end up losing everything they own if they declare bankruptcy. You may be happy to learn that you will possibly lose very little or nothing of what you own when you file for bankruptcy. Instead, if you are faced with unmanageable and overwhelming debt, bankruptcy may provide you with the financial relief and fresh start you need.
If you are worried about whether you will be able to keep your home and vehicle, there are several things you should know. In most cases, you will not have to hand over your vehicle in bankruptcy, and there are ways to protect your house as well, even if a foreclosure proceeding has been initiated.
You may worry that you will not be able to get credit ever again. In actuality, many people find that it is easier to get credit cards after they have received a bankruptcy discharge than it was before they filed. If you are overwhelmed by sizable and unmanageable debt, a bankruptcy petition may provide you with the means to get out from underneath it and move forward with your life.
At our law firm, our attorneys regularly help people save their homes, cars and other assets while gaining them the relief they need through bankruptcy. Bilingual in Spanish and English, we are able to help our clients who speak either language. We understand how overwhelmed many of our clients feel in the face of their debts, and we take the time to help them understand their options and the best strategies to take. In order to provide better assistance to people considering bankruptcy, we have compiled additional information on our bankruptcy relief page that you might find helpful.