We Can Guide You Through to Debt Relief
The process of filing for bankruptcy may seem daunting from the outside but, in reality, the process is actually very manageable. Our clients do not have to spend hours of their time at court hearings or helping us to go through tons of financial documents and information. Since the attorneys at the P.R. Smith Law Group have significant experience in bankruptcy, our firm can make the process of bankruptcy fairly straightforward.
At our firm, we will guide you through every step of the process in Chapter 7 or Chapter 13 bankruptcy. When you are prepared correctly and thoroughly, you will not be surprised by what happens during your case, and any questions that you have about the process can be answered in a timely fashion.
Florida Chapter 7 and Chapter 13 Bankruptcy Lawyers
The steps to bankruptcy can vary depending on the circumstances but in most cases, the filing process will look like this:
- Fully evaluate your options: Our firm will review your debts, including unsecured and secured debts, as well as your income. We'll identify what assets you want to protect and fully evaluate all of your options. Together, we'll build a plan for debt relief.
- Build a snapshot of your financial situation: We will make sure that all of your monthly expenses and debts, including medical bills and credit cards, are listed and that all assets and property are accounted for. We want to present a complete financial picture.
- Filing the bankruptcy: We will complete all the paperwork to file for your bankruptcy. If you are filing for Chapter 13 bankruptcy, we will help you design a repayment plan to submit to creditors.
- Meeting with your trustee: About a month after you file bankruptcy, you will have a meeting with your Trustee. The Trustee is a court appointed individual who's job is to review the information that we have filed on your behalf with the court. Even though your creditors are allowed to attend this meeting, the meeting is not adversarial. There is no Judge involved and the meeting is not conducted in a courtroom, but rather is conducted in a general assembly room. In most cases, you'll be in and out of the meeting in just about ten to fifteen minutes. Of course, we will attend the meeting with you and prepare you in advance for all the questions that the trustee will ask you.
- Discharge of debts: Approximately three months after your trustee's meeting, you will receive your discharge in the mail. This document prevents any creditors from ever pursuing collections efforts again and marks the end of your case.
In most cases, clients will never have to set foot inside of a courtroom or see a judge. Our firm has handled more than 50,000 bankruptcies, and we can help you get the most out of the process.
Talk With Us to Begin the Process
Contact our bankruptcy lawyers at the P.R. Smith Law Group to learn more about your financial situation. Schedule a free initial consultation at our Tampa office. Call us at 888-682-5251 or send us an e-mail to get started today.
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