Filing for bankruptcy can be intimidating, stressful, and time-consuming, especially if you don’t understand the step-by-step process. However, the right Florida attorneys can help make your bankruptcy process simple. We employ only the most experienced Florida bankruptcy attorneys who remain by your side through the entire process. With our services, your rights are protected, you are well-informed, and you can receive the most protection bankruptcy can offer. Here is a step-by-step guide to the bankruptcy process for your convenience.
Step 1: Initial Consultation With Florida Bankruptcy Attorney
When you are ready to file for bankruptcy, the first step is to contact your Florida bankruptcy attorney. We will set up an initial consultation, which is a two-way exchange of information. During the consultation, you will discuss everything about your current financial situation and your aim in filing for bankruptcy. We will go over the bankruptcy process in Florida.
Plus, we will take into account your unique situation to personalize bankruptcy solutions that fit your needs. During the process, we will be completely honest with you about the advantages and possible drawbacks of filing for bankruptcy. When we are finished, you should feel ready to make your final choice regarding bankruptcy. Everything we discuss remains confidential, and your initial consultation is free.
Step 2: Credit Counseling
Next, we will begin credit counseling, which is required by bankruptcy law. You will need two sessions – one before filing, and another after submitting your petition. Your credit counseling will be conducted by non-profit credit agencies nearby, and we can help connect you with them. These can be done in person, and sometimes over the phone or online by approved facilities.
Step 3: Filing a Bankruptcy Petition
After that, we will complete all the proper documentation and schedules and file them with a bankruptcy court. Our attorneys can expedite the process through electronic filing. After the papers have been accurately filed, your bankruptcy begins and you are assigned a case number. Also, the court will make an automatic stay, which requires collection actions against you to stop. This means that creditors and agencies will not be able to collect your wages or repossess your property.
Step 4: Meeting With Creditors and Discharging Debt
Within 10 days, you will receive information about meeting with creditors to discharge a debt. You will answer questions under oath during these meetings regarding income, assets, and debt. Your Florida bankruptcy attorney can attend. Then the debt discharge process will begin. It will release you from all personal liability of debt. It will permanently release you from collectors of debt of any kind. When this occurs varies based upon which chapter you are filing.
Moving Forward After Bankruptcy
Your Florida bankruptcy process is streamlined with the help of a seasoned Florida bankruptcy attorney.