Oviedo Bankruptcy Lawyer

Overwhelming debt casts a serious shadow over your quality of life. Eventually, there comes a point when filing for bankruptcy is the best path forward. If you’re wondering whether bankruptcy is right for your current financial situation, an Oviedo bankruptcy lawyer can inform you of your options and help you navigate the bankruptcy process.

Why Choose Us

Helping Clients Achieve Financial Freedom

I’m Lewis Roberts, PA, Attorney at Law, and I know bankruptcy law. I’m an experienced debt management attorney who helps my clients understand their options. I know how stressful it can be to deal with overwhelming debt. Fortunately, you’re not alone. When you have your free initial consultation, I’ll review your financial situation and recommend the best path forward.

Bankruptcy may seem like a last resort. In reality, it’s often the first step on the road to regaining financial freedom, confidence, and a better quality of life.

If bankruptcy is the right move, I’ll work with you at every step of the process. We’ll explore options that allow you to achieve your most important goals, like allowing you to maintain ownership of your home. I proudly share case results and client testimonials, which give new clients a glimpse of the life-altering representation my clients receive.

I encourage you to contact my firm today for a free consultation. You have nothing to lose by understanding more about your options, but you may have a lot to gain.

Understanding Bankruptcy Options in Oviedo

If you’re considering personal bankruptcy in Oviedo, you have two options — Chapter 7 and Chapter 13. It’s strongly recommended that you consult an Oviedo bankruptcy attorney to determine which is right for you. However, it’s also a good idea to have a basic understanding of how these two forms differ and which you qualify for.

Chapter 7 Bankruptcy

Chapter 7 bankruptcy can involve selling off some assets, but that’s not the norm. An Oviedo bankruptcy lawyer may be able to help you take advantage of exemptions so you can retain ownership of necessary assets like your home and personal vehicle. Any money from sold-off assets is used to partially pay off your existing debt, and the remaining debt is discharged. Chapter 7 doesn’t involve being placed on any repayment plan, and the entire process should be over in three short months.

Chapter 7 bankruptcy is an option only for those who pass the means test. If your monthly income over the next two months is over a certain amount, Chapter 7 is likely not an option for you.

Chapter 13 Bankruptcy

Chapter 13 bankruptcy also offers various exemptions, allowing you to retain ownership of assets like your home. Unlike Chapter 7, filing Chapter 13 bankruptcy involves negotiating a debt payment plan. If you adhere to the terms of the payment plan for a few years, your remaining debt can be forgiven.

An Oviedo bankruptcy attorney can represent you to your creditors during the filing process, helping ensure that the payment plan worked out is manageable, given your current income level. Even individuals who qualify for Chapter 7 sometimes prefer to file for Chapter 13 instead, as Chapter 13 often allows you to include forms of debt in your repayment plan that aren’t covered under Chapter 7.

Are you considering filing for bankruptcy in Oviedo? Lewis Roberts, PA, Attorney at Law, can help. Call (407) 749-0080 to schedule a free consultation with an experienced bankruptcy attorney in Oviedo. 

How an Oviedo Bankruptcy Lawyer Can Help

Fighting for Your Best Interests

Bankruptcy is often treated as something that should be avoided at all costs. However, the reality is that it’s often the only practical way to take charge of your financial future. If you’re struggling to keep up with payments or being harassed by creditors, you should take the time to speak with an Oviedo bankruptcy lawyer and hear what they have to say about your options.

An Oviedo bankruptcy lawyer can help with your case by:

• Reviewing your financial situation
• Identifying whether you have options other than bankruptcy
• Identifying which type of bankruptcy is right for you
• Taking advantage of exemptions that allow you to retain your assets
• Completing legal documents on your behalf
• Sending cease and desist letters to creditors
• Negotiating a payment plan for you, if necessary
• Keeping you informed of your filing status and obligations.

An experienced bankruptcy lawyer in Oviedo helps remove the fear, stress, and uncertainty from the process. Choosing to have a legal professional represent you also allows you the peace of mind that comes from knowing you aren’t making mistakes or being taken advantage of by your creditors.

Frequently Asked Questions

If you’re considering bankruptcy, you probably have many questions. Here are some of the most common initial questions clients ask at the start of the bankruptcy process.

Do I need an Oviedo bankruptcy attorney to declare bankruptcy?

You should always take the time to consult a bankruptcy attorney in Oviedo. Even if you choose to file alone, taking advantage of a free consultation helps ensure you’re informed about topics like possible exemptions and the type of bankruptcy that’s most advantageous.

Clients who allow a lawyer to represent them during the process of filing for bankruptcy tend to walk away in a better financial position. A lawyer will help you take advantage of exemptions and negotiate a repayment plan on your behalf.

Will filing for bankruptcy in Oviedo hurt my credit?

Filing for bankruptcy does initially cause your credit score to drop. However, living with overwhelming debt that you can’t pay off also hurts your credit score. Clearing your debt allows you to rebuild your credit over time so that, eventually, it might become higher than it ever was in the past.

Should I file for Chapter 7 or Chapter 13 bankruptcy in Oviedo?

You should attend a free consultation with a bankruptcy lawyer in Oviedo to get a better understanding of which form of bankruptcy is right for you. If your income is above the cutoff, Chapter 13 may be your only option. However, Chapter 13 can also allow you to seek forgiveness on forms of debt that aren’t covered by Chapter 7. You need an experienced lawyer to review your financial situation and advise you on which form of bankruptcy is best for you.

Will I lose my house if I file for bankruptcy in Oviedo?

Filing for bankruptcy doesn’t automatically mean you’ll lose your home. However, you shouldn’t assume that you’ll be able to keep it, either. An experienced Oviedo bankruptcy lawyer can work with you to identify whether you can take advantage of bankruptcy exemptions to retain ownership of your home.

If you’d like to understand more about filing for bankruptcy in Oviedo, you can call Lewis Roberts, PA, Attorney at Law, and schedule a free consultation with an Oviedo bankruptcy lawyer.

Call an Oviedo Bankruptcy Attorney Today

Don’t wait to take charge of your finances. The thought of bankruptcy can be intimidating, but financial freedom often lies on the other side. I’m Lewis Roberts, and I’m a bankruptcy attorney who works with clients in Oviedo and the surrounding areas. Give me a call today, and let’s discuss a debt management approach that works for you.

Lewis Roberts, PA, Attorney at Law, is ready to help you understand whether bankruptcy is right for you. Call (407) 749-0080 or complete an online form to schedule your free consultation with an experienced bankruptcy lawyer in Oviedo.

Attorney Lewis Roberts

The weight of debts that one cannot pay carries financial stress into every waking moment. It is time for this to end. Lewis Roberts, PA, offers solutions to relieve these worries. With over 20 years of experience in helping individuals overcome the burden of debt, bankruptcy attorney Lewis Roberts presents a range of options tailored to each unique situation. Clients can trust his advice on any matter related to debts, as he identifies appropriate options and explains the paths to debt relief clearly and carefully. This ensures that clients make the best decisions for their future. [ Attorney Bio ]