Relieving Your Debt Through Bankruptcy
At The Law Offices of Fitzhugh & Blanton, P.A., we help people gain a fresh financial start through filing bankruptcy. Our attorneys have more than 30 years of combined experience guiding clients in Sarasota and Manatee County through the bankruptcy process.
We will answer your questions about bankruptcy and help you navigate each step of the bankruptcy process. Contact us online or call 941-584-4263 or 888-610-0968 to discuss your debt relief option during a free initial consultation.
Determining Whether You Are Eligible for Bankruptcy Protection
After thoroughly reviewing your financial documents, one of our Sarasota bankruptcy attorneys will determine whether you are eligible to file either of the following types of bankruptcy:
- Chapter 7 bankruptcy: A Chapter 7 bankruptcy is known as a "straight" bankruptcy. It allows you to discharge all unsecured debts, such as credit cards, medical expenses, personal loans, car loans, lease deficiencies and some IRS taxes. You may be required to give up nonexempt property, so that property can be sold to pay creditors. Generally, those who file Chapter 7 may have to relinquish valuable property or property that is subject to a lien that they cannot afford to pay.
- Chapter 13 bankruptcy: A Chapter 13 bankruptcy is known as a "reorganization" of debt. If you have regular income, you may likely be eligible to file Chapter 13 bankruptcy. During this process, the court will reorganize your debts into an affordable payment plan spanning three to five years. Your remaining debt will be discharged upon completion of the plan. Chapter 13 can be an effective tool if you want to save your home from foreclosure or prevent your car from being repossessed.
Contact Our Lakewood Ranch Debt Relief Lawyers
Contact us online or call 941-584-4263 or 888-610-0968 to schedule a free initial consultation and learn more about the bankruptcy process. We will analyze your financial situation to help you determine which debt relief option is best for you. We have law offices in both Venice and Bradenton, Florida. Evening and Saturday morning appointments are available upon request.