Ocoee Bankruptcy Attorney
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
Get a free case evaluation today!
Free Consultation
Results may vary depending on your specific facts and legal circumstances.
Drowning in Debt? Ocoee’s Top Bankruptcy Attorney Can Help You Take Control of Your Future
Feeling overwhelmed by debt in Ocoee, FL? You’re not alone. But there is hope – and a path to financial freedom. With over a decade of experience, Ocoee bankruptcy attorney Juan Burgos is dedicated to helping you understand your options and navigate the complexities of Chapter 7 and Chapter 13 bankruptcy.
Understanding Bankruptcy: Your Path to a Fresh Start in Ocoee, FL
When facing insurmountable debt, it’s essential to understand the different paths to relief. In Ocoee and throughout Florida, two primary types of bankruptcy can help you get back on track:
Chapter 7 Bankruptcy: A Quick and Efficient Solution
Also known as “liquidation” bankruptcy, Chapter 7 aims to discharge your eligible debts quickly, typically within four to six months. Here’s what you need to know:
- Eligible Debts: Many types of unsecured debts can be eliminated, such as credit card balances, medical bills, and personal loans.
- Exempt Property: Florida offers generous exemptions, allowing you to keep much of your property, including your home (up to $25,000 equity), vehicle ($5,000 equity), and personal belongings.
- Means Test: To qualify for Chapter 7, you must pass the means test, which compares your income to the median income in Florida. Our team can help you determine if you’re eligible.
“Chapter 7 bankruptcy is a powerful tool for individuals and families looking to discharge their debts and start fresh.” – Attorney Juan Burgos
Did you know? In 2021, over 5,000 Florida residents filed for Chapter 7 bankruptcy (Source: U.S. Bankruptcy Court, Middle District of Florida).
Chapter 13 Bankruptcy: A Tailored Repayment Plan for Long-Lasting Relief
Ideal for individuals with a regular income who wish to repay some or all of their debts, Chapter 13 focuses on creating a personalized repayment plan that works for you. Here’s how it differs from Chapter 7:
- Repayment Plan: Typically lasting three to five years, your plan outlines how much you’ll pay towards your eligible debts each month.
- Keep Your Property: Unlike Chapter 7, you don’t have to worry about losing valuable assets. Instead, you’ll repay a portion of your debts through your repayment plan.
- Eligible Debts: In addition to unsecured debts, Chapter 13 can help you catch up on missed mortgage payments, car loan installments, and other secured debt obligations.
“Chapter 13 bankruptcy offers a unique opportunity to take control of your financial situation and create a sustainable repayment plan.” – Attorney Juan Burgos
Tip: If you’re unsure which chapter is right for you, don’t worry. Our team can guide you through the process and help you make an informed decision.
I had an excellent experience with Juan Buenos Law Office during my bankruptcy process. From the beginning, they treated me with professionalism, respect, and clarity. The attorney explained every step patiently and gave me peace of mind during a very difficult time. He was always available to answer my questions, and I felt supported throughout the entire process. I 100% recommend this law firm to anyone who needs legal help with honesty and dedication.
Se los remomiendo
Navigating Florida Bankruptcy Laws & Procedures in Ocoee
Understanding Florida’s bankruptcy laws and procedures is crucial when seeking relief. Here are some key points to consider:
- Means Test: As mentioned earlier, the means test helps determine if you qualify for Chapter 7 or must pursue Chapter 13.
- Exemptions: Florida offers various exemptions protecting your property. Our team can help you maximize these benefits.
- Credit Counseling Requirement: Before filing, you must complete an approved credit counseling course and submit a certificate of completion to the court.
Top 5 Benefits of Filing for Bankruptcy in Ocoee, FL
- Immediate Protection: An automatic stay goes into effect upon filing, halting creditor harassment and collection efforts.
- Dischargeable Debts: Many types of debt can be eliminated, giving you a fresh financial start.
- Keep Your Property: With careful planning, you may keep most or all of your belongings, regardless of the chapter filed.
- Stop Foreclosure & Repossession: Bankruptcy can buy you valuable time to negotiate with lenders and catch up on missed payments.
- A Better Future: By eliminating debt and rebuilding credit, you’ll improve your overall financial health and well-being.
Why Choose Attorney Juan Burgos for Your Ocoee Bankruptcy Needs?
- Expertise & Experience: With over a decade dedicated to Florida bankruptcy law, attorney Juan Burgos knows the ins and outs of the legal process.
- Personalized Attention: We believe in treating each client as an individual with unique circumstances. You’ll never feel like just another case number.
- Compassion & Empathy: Our team understands the challenges and struggles you’re facing. We provide genuine care, support, and guidance throughout your journey.
“I can’t express how grateful I am for Juan Burgos’ expertise and compassion during my bankruptcy case.” – Satisfied Client, Ocoee, FL
Take the First Step Towards a Fresh Start: Contact Ocoee Bankruptcy Attorney Juan Burgos Today!
Don’t let debt control your life any longer. Take the first step towards financial freedom by contacting Ocoee bankruptcy attorney Juan Burgos for a free, confidential consultation.
Disclaimer: The information provided in this article is for general educational purposes only. It does not constitute legal advice nor create an attorney-client relationship with Juan Burgos Law or any of its attorneys. For specific legal advice, please consult with an attorney licensed in your jurisdiction.
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.
Click for more information
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.
Click for more information
Frequently Asked Questions (FAQs)
What is the difference between Chapter 7 and Chapter 13 bankruptcy in Florida?
Chapter 7 bankruptcy, also known as “liquidation” bankruptcy, is a type of personal bankruptcy that involves the liquidation of an individual’s non-exempt assets to pay off creditors. This can help individuals who are struggling with debt and have few or no assets to protect.
How does Chapter 13 bankruptcy differ from Chapter 7 bankruptcy?
Chapter 13 bankruptcy is designed for individuals who have a steady income and want to repay some or all of their debts over time. It allows debtors to create a repayment plan that must be approved by the court and carried out over a period of 3 to 5 years.
Can I keep my home during Chapter 7 bankruptcy?
In a Chapter 7 bankruptcy, you may be able to keep your home if it is protected by an exemption. Exemptions are laws that allow individuals to protect certain assets from being taken by creditors. The type of exemptions available depends on whether you use state or federal exemptions.
How long does a Chapter 13 bankruptcy repayment plan last?
A Chapter 13 bankruptcy repayment plan typically lasts for 3 to 5 years. During this time, the debtor makes regular payments to the trustee, who distributes the funds to creditors according to the plan.
Will filing for bankruptcy affect my credit score?
Yes, filing for bankruptcy can negatively impact your credit score. However, the extent of the impact depends on various factors, including the type of bankruptcy and the individual’s credit history before filing.
Please note that this is general information and not specific legal advice. If you’re considering bankruptcy or have questions about your situation, I encourage you to consult with an experienced attorney who can provide personalized guidance based on your unique circumstances.
Call Now
Click to call 407-505-4190
Contact us today for a free consultation!
Don’t speak to insurance company representatives or sign documents before consulting with us about your legal rights
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.
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.