Bankruptcy Attorneys in Florida City Explain the Pros of Bankruptcy

As experienced bankruptcy lawyers in Florida City, we often come across people who feel ashamed about getting in over their heads financially. For many years, bankruptcy carried a cultural stigma – it was something that people didn’t talk about and they were mortified to put their family through the embarrassment of being declared “Bankrupt”.

Today, filing for bankruptcy is still a hard pill to swallow, but it is one of the most sensible things you can do if you feel unable to meet your financial obligations. Whether your electricity has been cut off, you’re behind on your mortgage payments or you’re being harassed by creditors, it’s time to talk to the Florida City bankruptcy attorneys at the Law Offices of James Schwitalla, P.A., who can help explain the benefits of Bankruptcy and whether a bankruptcy would help solve your particular debt problems.

Here’s how bankruptcy can help you

Reorganize your debt: Chapter 13 bankruptcy, for example, is ideal for someone who is struggling to pay for all of their assets and can only pay for some (but not all) of their credit card debts. Filing for Chapter 13 bankruptcy will allow you to reorganize your debt with a more manageable repayment plan.

Clear your debt: Chapter 7 bankruptcy, on the other hand, is geared towards people who are struggling to make ends meet due to medical bills and credit card debt. With this type of bankruptcy, certain debts can be cleared completely.

The main advantage of filing for bankruptcy is that it will give you some breathing room to start getting your financial situation back in order. Let our Florida City bankruptcy lawyers at The Bankruptcy Law Offices of James Schwitalla, P.A. help you get yourself back on your feet – contact us today.