Chapter 7

Are you behind on your monthly payments? Are the collections agencies calling you at home and at the office? Are you worried how you are going to manage?

The Law Offices of L. Bruce Swiren, P.A., Attorneys at Law are ready to help you explore solutions. We have more than 30 years of experience helping people just like you file Chapter 7, or liquidation bankruptcy.

We understand that it is easy to become overwhelmed with debt in today's difficult economy. Most debt discharged through bankruptcy is medical debt, followed by credit card debt.

When you file Chapter 7 Bankruptcy your debts are discharged or forgiven. In exchange some of your personal property may be sold to pay off part of the debt.

Deciding to file Chapter 7 Bankruptcy is an important decision. We recommend you get experienced legal counsel on your side - someone who can explain the pros and cons of Chapter 7 bankruptcy in plain English.

Contact us for an initial consultation with a bankruptcy attorney in our Orlando, Florida, law offices at no charge. Call 407-287-5137.

Qualifying for Chapter 7 Bankruptcy: the Means Test

In order to qualify for Chapter 7 Bankruptcy, your monthly income after expenses must be below the median in your area. We can explain the means test and calculate if you are eligible for Chapter 7. Certain debts cannot be discharged, including student loans and child support. Some of your personal and real property may be covered by an exemption, for instance, there is one for homestead property.

In order to file, you must have copies of the following documents:

  • Last year's tax return
  • Pay stubs
  • A list of monthly obligations, including credit card, mortgage and car loan debt
  • A list of property you own, including your home, cars and valuables
  • Other monthly expenses, including utilities and child support payments

We recommend you schedule an initial consultation with the Law Offices of L. Bruce Swiren, P.A., Attorneys at Law as soon as it becomes difficult to make your monthly payments. Our attorneys have significant experience in helping people file for Chapter 7 Bankruptcy.

We can help you figure out if Chapter 7 Bankruptcy or Chapter 13 Bankruptcy is right for you and your family. Please visit our Bankruptcy FAQ's and our Bankruptcy Articles pages for additional information. Call us at 407-287-5137 today.