It doesn't matter how you got into debt--everyone deserves a fresh start! Filing for Chapter 7 bankruptcy can help you move forward with your life after financial losses. Residents of South Florida, turn to Carolyn N. Budnik, PLLC when they need a bankruptcy attorney. She will help you determine whether you qualify for Chapter 7 bankruptcy and guide you through the process.
Stop getting harassed by creditors once and for all. Call 954-245-0761 now to schedule a consultation with a bankruptcy attorney in Fort Lauderdale, FL.
Many people hesitate to file for Chapter 7 bankruptcy because of harmful misconceptions. Your attorney can help you separate fact from fiction. Here are some of the most common myths about Chapter 7 bankruptcy:
You have to give up everything. Depending on your circumstances, Florida law provides for exemptions for many day-to-day necessities, such as your car; certain amounts of income including income that can be traced back six months; and your savings for retirement among others.
It's better to pay off your debts. Bankruptcy will affect your credit score for up to ten (10) years, but it will also allow you to start a new chapter in your life without debt. What you earn from that point on is yours to keep.
Bankruptcy will ruin you financially. You will face some financial limitations at first, but you will be able to restore your credit and get back on track over time without debt collectors and robo-callers continuing to hassle you for payment.
Do you still have questions about Chapter 7 bankruptcy? Contact attorney Budnik today to get answers.