|
Chapter 7 Bankruptcy
Orlando Chapter 7 Bankruptcy Attorney - Lawyer, providing experienced
Chapter 7 Bankruptcy Law legal Services in Orlando, Orange County,
and the surrounding Central Florida area.
 The
purpose of a Chapter 7 Bankruptcy is to wipe out
your debts, allowing you to get a "Fresh Financial
Start".
In a Chapter 7 Bankruptcy
a trustee will be appointed by the court to liquidate
(sell) all assets which do not fall under the bankruptcy exemption guidelines. The net proceeds
collected in the liquidation of the non-exempt assets
are then distributed to your creditors.
Debts which cannot be
included for discharge in a Chapter 7 Bankruptcy
may include, but not limited to:
Steven M. Fahlgren
represents the rights and goals of those who must address
chapter 7 bankruptcy legal issues
in the
Orlando, Orange County,
and surrounding Central Florida areas. For a confidential legal
consultation, please call
904.845.2255.
Typically an individual who
files for a Chapter 7 Bankruptcy has a large
credit card debt which may include multiple credit
cards, various unsecured bills with may be associated
with various assets which the payment status may or may
not be delinquent.
In many Chapter 7
Bankruptcy situations you may be able to keep
specific secured debts such as your car, furniture, or
home, as long as you reaffirm your commitment to
continue paying these debts. In order to keep these
items in a successful Chapter 7 Bankruptcy you
must voluntary sign a "reaffirmation agreement", which
stipulates that you cannot file bankruptcy to discharge
the debt of these items for 6 years.
The purpose of the
"Reaffirmation Agreement" is to protect "reaffirmed"
debtors, as well as ensuring an individual does not try
to abuse the bankruptcy process.
If you have questions, concerns, or needs regarding
chapter 7
bankruptcy
legal
issues, we urge you to seek the legal advice of an experienced
Orlando
chapter 7
bankruptcy attorney - lawyer. Contact
The Law Offices of
Steven M. Fahlgren, P.A.,
at
904.845.2255 to schedule a confidential legal
consultation.
A
Bankruptcy will appear on your credit report for 5
to 7 years. This does not mean you cannot get credit
after filing for bankruptcy. Most lenders will extend
credit within two or three years after filing a
bankruptcy case. Generally, the effect of
bankruptcy on your credit is not a bankruptcy
issue; it is a banking or credit issue.
Steven
M. Fahlgren
aggressively defends the legal rights of
those involved in the Bankruptcy process,
while addressing all related issues that should be taken into
consideration when defending your legal rights.
 If
you require professional legal services regarding
chapter 7 bankruptcy
legal
issues, be proactive in
protecting your legal
rights by seeking the legal advice of
an experienced
Orlando chapter 7 bankruptcy
attorney
- lawyer. Contact
The Law Offices of
Steven
M. Fahlgren, P.A.,
by calling
904.845.2255.
Orlando Chapter 7 Bankruptcy Attorney - Lawyer, providing experienced
Chapter 7 Bankruptcy Law legal Services in Orlando, Orange County,
and the surrounding Central Florida area.
|
|
|
DISCLAIMER:
The hiring of a lawyer is an important
decision that should not be based solely upon advertisements. Before you
decide, ask the lawyer to send you free written information about their
qualifications and experience.
This website has been prepared for informational purposes
only and not as legal advice. Neither the transmission, nor your
receipt of information from this website creates an attorney-client
relationship, which can only be formed in writing between you and the
attorney you choose to represent you.
Copyright © 2011 All
Rights Reserved. Steven M. Fahlgren.
Website Design by:
Tiger Paw Media |
