Bankruptcy attorney in Orlando, FL
Juan Burgos, Esq.
Fighting for Your Rights!
Fighting For Your Rights
To ensure you receive what’s owed to you
More than a decade of expertise in Auto Accidents and Bankruptcy Law
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Results may vary depending on your specific facts and legal circumstances.
Bankruptcy Attorney in Orlando, FL: A Guide to Financial Relief
Are you struggling with debt and facing financial hardship in Orlando, FL? As a Bankruptcy Attorney in Orlando, I can help you navigate the complex process of bankruptcy law and provide expert guidance to achieve financial relief.
Bankruptcy law is an essential tool for individuals and businesses facing overwhelming debt. By understanding the rights and responsibilities associated with bankruptcy, you can make informed decisions about your financial future. As a seasoned Bankruptcy Attorney in Orlando, I have extensive experience helping clients overcome debt and build a stronger financial foundation.
My name is Juan Burgos, and I am dedicated to providing personalized service and expert advice to individuals and businesses in need of financial relief. With my expertise and guidance, you can take control of your finances and create a brighter future. As a fluent Spanish speaker, I also cater to the diverse needs of our community, ensuring that everyone has access to quality legal representation.
If you’re struggling with debt and need expert guidance on bankruptcy law in Orlando, FL, don’t hesitate to contact me today. Call us at 407-505-4190 or email info@juanburgoslaw.com to schedule a free consultation and take the first step towards financial freedom.
Understanding Bankruptcy Law in Orlando, FL
As a Bankruptcy Attorney in Orlando, I understand that navigating the complex world of bankruptcy law can be overwhelming. That’s why it’s essential to have a clear understanding of your options and the eligibility requirements for each type of filing.
There are two primary types of bankruptcy filings: Chapter 7 and Chapter 13.
- Chapter 7 Bankruptcy: This type of filing allows individuals or businesses to liquidate their assets and discharge their debts. To be eligible, you must pass a means test, which determines whether your income is above or below the median income in Florida. If approved, you’ll need to surrender some of your non-exempt assets to pay off creditors.
- Chapter 13 Bankruptcy: This type of filing allows individuals to create a repayment plan that outlines how they’ll pay back a portion of their debts over time (usually 3-5 years). To be eligible, you must have a steady income and not have filed for bankruptcy in the past seven years.
When deciding which type of filing is right for you, it’s essential to weigh the benefits and drawbacks of each option. Chapter 7 bankruptcy offers quick debt relief but may require you to surrender some assets. Chapter 13 bankruptcy, on the other hand, allows you to keep your assets and rebuild credit over time.
As a Bankruptcy Attorney in Orlando, I can help you determine which type of filing is best suited for your specific situation. My expertise will guide you through the process, ensuring that you make informed decisions about your financial future.
Types of Bankruptcy Filings in Orlando, FL
As a Bankruptcy Attorney in Orlando, I understand that navigating the complex world of bankruptcy law can be overwhelming. That’s why it’s essential to have a clear understanding of your options and the eligibility requirements for each type of filing.
In this section, we’ll explore two primary types of bankruptcy filings: Chapter 7 and Chapter 13.
Chapter 7 Bankruptcy
- Liquidation of assets: In Chapter 7 bankruptcy, non-exempt assets are liquidated to pay off creditors.
- Pros:
- Quick process
- Minimal paperwork required
- Cons:
- Loss of assets
- Potential for creditors to claim exemptions (e.g., homestead exemption)
- Pros:
- Eligibility criteria: To be eligible for Chapter 7 bankruptcy, you must pass a means test, which determines whether your income is above or below the median income in Florida.
| MEDIAN INCOME IN ORLANDO | ELIGIBLE DEBTORS | NON-ELIGIBLE DEBTORS |
|---|---|---|
| $44,000 – $59,999 | Individuals with no dependents | Individuals with dependents |
| $55,000 – $69,999 | Joint filers with one dependent | Joint filers with two or more dependents |
| $66,000 – $81,999 | Joint filers with three or more dependents |
Chapter 13 Bankruptcy
- Repayment plan: In Chapter 13 bankruptcy, you create a repayment plan to pay off creditors over time (usually 3-5 years).
- Pros:
- Keeps assets (e.g., home, vehicle)
- Can save home and vehicle
- Cons:
- Requires regular payments
- May impact credit score
- Pros:
Comparison Chart: Chapter 7 vs. Chapter 13 Bankruptcy
| CHAPTER 7 BANKRUPTCY | CHAPTER 13 BANKRUPTCY | |
|---|---|---|
| Timeframe | Quick process, typically 4-6 months | Repayment plan, usually 3-5 years |
| Asset protection | Loss of assets, the potential for creditors to claim exemptions | Keeps assets, can save home and vehicle |
| Payment requirements | Minimal or no payments required | Regular payments required over 3-5 years |
As a Bankruptcy Attorney in Orlando, I can help you determine which type of filing is best suited for your specific situation. My expertise will guide you through the process, ensuring that you make informed decisions about your financial future.
If you’re struggling with debt and need expert guidance on bankruptcy law in Orlando, FL, don’t hesitate to contact me today.
Personal Bankruptcy
Florida residents can seek personal bankruptcy to cancel their debts and get a second chance. Our team of specialized property law attorneys will guide you through the process and help you determine if bankruptcy is right for you.
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Business Bankruptcy
Business Bankruptcy In Florida, businesses can also file for business bankruptcy (Chapter 11) to reorganize their finances and pay part or all of their debt. Our team of specialized property law attorneys will guide you through the process and help you determine if bankruptcy is right for your business.
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Benefits of Working with a Bankruptcy Attorney in Orlando, FL
As a Bankruptcy Attorney in Orlando, I understand that navigating the complex world of bankruptcy law can be overwhelming. However, having an experienced professional by your side can make all the difference in achieving financial freedom.
By working with me, you’ll gain access to expert guidance and representation throughout the entire bankruptcy process. As a seasoned Bankruptcy Attorney in Orlando, I’ve helped numerous individuals and families navigate the complexities of bankruptcy law, ensuring they receive the best possible outcome for their unique situation.
Why Choose an Experienced Bankruptcy Attorney in Orlando?
- Expertise: A bankruptcy attorney with extensive experience can provide personalized guidance and tailored advice, helping you make informed decisions about your financial future.
- Knowledge of Local Courts: I’m well-versed in the laws and procedures governing the U.S. Bankruptcy Court for the Middle District of Florida, ensuring that you’re represented by someone who knows the local system inside out.
- Negotiation Skills: As a skilled negotiator, I can help you reach agreements with creditors and other parties involved in your bankruptcy case.
The Importance of Representation
While attempting to navigate the bankruptcy process without professional representation can be tempting, it’s often a recipe for disaster. Without an experienced attorney by your side, you may:
- Miss critical deadlines or lose valuable assets
- Face unfair creditor treatment
- Struggle with complex financial documents and paperwork
My Commitment to Client Success
As a dedicated Bankruptcy Attorney in Orlando, my primary goal is to help you achieve financial freedom. I take the time to understand your unique situation, goals, and concerns, tailoring my services to meet your specific needs.
Don’t face bankruptcy alone. Contact me today to schedule a free consultation and discover how I can help you overcome your debt and rebuild your financial future:
- Call: 407-505-4190
- Email: info@juanburgoslaw.com
Let’s work together to achieve a brighter financial tomorrow.
Frequently Asked Questions (FAQs)
What is the cost of filing for bankruptcy in Orlando, FL?
The cost varies depending on the type of filing and complexity of the case. There are two main types of filings: Chapter 7 (liquidation) and Chapter 13 (reorganization). Chapter 7 costs typically range from $1,500 to $3,000, while Chapter 13 costs can range from $2,000 to $5,000 or more.
Will I lose my home and vehicle if I file for Chapter 7 bankruptcy?
Not necessarily; exemptions may apply. In Florida, you’re allowed to keep certain assets, such as your primary residence (up to a certain value) and one vehicle, even in Chapter 7 bankruptcy. However, the specific exemptions vary depending on your individual situation and circumstances. As a Bankruptcy Attorney in Orlando, I can help determine which assets are exempt from liquidation.
Can I still work while filing for bankruptcy?
Yes; but income limits may apply. You’re allowed to continue working during the bankruptcy process, although there are some restrictions on types of employment and income levels. The specific rules vary depending on the type of bankruptcy you file (Chapter 7 or Chapter 13) and your individual circumstances. As a Bankruptcy Attorney in Orlando, I can guide you through these complexities and ensure you comply with all relevant regulations.
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How Bankruptcy Works in Florida
Regain Control of Your Finances with Ease
Results may vary depending on the specific circumstances of each case.
Step #1
Submit Your Case
With a free financial situation evaluation, we can start helping you regain control of your life.
Step #2
We Get Started
Our team begins to investigate and evaluate your financial situation.
Step #3
We Fight for Your Rights
Bankruptcy is a right in the United States. With our help, we present your case to the bankruptcy court.
¿Es bueno declararse en bancarrota? Conociendo cuando es la mejor opción
Practice Areas
At our firm, we are dedicated to fighting for your rights and ensuring you receive fair compensation. Our areas of expertise include personal injury law, including auto accidents, motorcycle accidents, and trucking accidents, as well as personal and business bankruptcy cases.