Take Your Life Back With Bankruptcy
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 office of L. Bruce Swiren, P.A., is ready to help you explore solutions. We have more than 50 years of experience helping people in Florida just like you file Chapter 7 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.
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., as soon as it becomes difficult to make your monthly payments. Our attorneys have significant experience in helping people file for Chapter 7 bankruptcy.