Chapter 7 Bankruptcy Lawyers in Polk County
Boswell & Dunlap LLP has helped thousands of people in Polk County
and throughout Florida to obtain the debt solutions they need for a fresh
financial start. Chapter 7
bankruptcy is one of the ways that we can help clients achieve this goal.
Liquidation through Chapter 7 is a popular form of debt relief because
it is faster that Chapter 13 bankruptcy, which requires a repayment plan
lasting three to five years. On average, chapter 7 cases can be resolved
within three to six months.
Chapter 7 bankruptcy provides the following benefits:
- Unsecured debts will be cancelled completely
- Filers are unlikely to lose their home or other property
- Filers gain the protection of the automatic stay, which forbids creditors
from making collection attempts while the case is pending
Find out if you are a candidate for Chapter 7 bankruptcy by scheduling a
free initial consultation.
What Debts are Eligible for Discharge?
A discharge releases the consumer from any further responsibility for paying
a certain debt.
Chapter 7 bankruptcy can eliminate the following types of unsecured debt
(and much more):
- Medical bills
- Credit card debt
- Utility bills
- Money owed under lease agreements
- Personal loans
- Business debts
- Tax penalties
However, there are certain types of debts that are not dischargeable by
Debts not dischargeable under Chapter 7 include:
- Most student loans
- Recent local, state, and federal taxes
- Child support and spousal support
- Fines, penalties, and restitution payments
- Debts that were not dischargeable in a previous bankruptcy
Relief is Within Reach. Call (863) 617-7336 to Get Started
Established in 1900, Boswell & Dunlap LLP has helped thousands of Florida
residents find the debt solutions that best fit their needs. If you are
struggling beneath the weight of crushing medical bills, credit card debts,
and more, there is hope. A Polk County bankruptcy attorney can help you
file your bankruptcy petition and walk you through the process every step
of the way.
Contact Boswell & Dunlap LLP to retain our guidance for your bankruptcy matter.