The Benefits of Bankruptcy Relief
Bankruptcy is essentially a do-over for people in serious debt. It provides individuals with an opportunity to get a financial fresh start.
Chapter 7 allows people suffering under crushing debt to obtain forgiveness for nearly all unsecured debt, depending on the person's unique circumstances. Debt that can be liquidated includes medical bills, credit card bills, payday bills and other unsecured debt.
Chapter 13 allows wage earners with enough income to make payments to their creditors a structured plan to repay debt over a three- to five-year repayment plan. Priority is given to secured debt, such as a mortgage, so that the applicant can keep their home.
A repayment plan will take into account your income as well as your living expenses. What remains after this is apportioned as payment to creditors per a plan approved by the bankruptcy court.
Contact our Miami or Fort Lauderdale office at 954-722-1300 for a free consultation with a bankruptcy lawyer.
Addressing Concerns of Clients With Straightforward Guidance and Care
At the Law Offices of Manny Singh, P.A., our clients are concerned about how much the bankruptcy process will cost them. They want to know how quickly they can restore their credit rating. They want to know how soon they can be relieved of living with the constant stress of not knowing which bill to pay next, not wanting to answer the phone for fear of getting another threatening creditor on the other end of the line.
Providing You With Information to Make Informed Choices
We help clients choose an appropriate path out of debt. We have had offices in South Florida for more than 25 years, and our Fort Lauderdale office has been in the same location since Manny Singh started our practice.
We understand the nuances of the complex bankruptcy codes and are here to help educate and assist our clients.
Benefits of Bankruptcy
Filing for bankruptcy can help you:
- Freeze foreclosure actions temporarily
- Stop repossession efforts temporarily
- End garnishment of paychecks
- End creditor harassment
Free Initial Consultation With a Bankruptcy Attorney: 954-722-1300
Explore your options for obtaining relief from crushing debt burdens. Call today for a free initial consultation with an experienced debt-relief lawyer. We are available from 8:00 a.m. to 8:00 p.m. We offer services in Spanish, French, English, Hindi, Urdu and Punjabi.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
