St. Cloud Bankruptcy Lawyer

Are your ledgers filled with nothing but red ink? Are you worried that your car will be repossessed or the bank will foreclose on your home? Have you given up on finding a way to get your head above water? Just because you aren’t financially stable, that doesn’t mean you should despair. Judicious use of either Chapter 7 or Chapter 13 bankruptcy could help you get out of the financial position you are in and back on the road to recovery. If you are considering this option, you should consult with a St. Cloud bankruptcy lawyer as soon as possible.

Types of Bankruptcy

Your Options Explained by an Experienced St. Cloud Bankruptcy Lawyer

Two types of bankruptcy can potentially turn your life around: Chapter 7 and Chapter 13. These types of bankruptcy offer different benefits and have different requirements. As an experienced St. Cloud bankruptcy attorney, I will investigate your situation and discuss your options.

Chapter 7 Bankruptcy

This is the most drastic form of bankruptcy. When you file for Chapter 7 bankruptcy, you are claiming that you cannot repay your debts and need to start over from scratch. And that is how this type of bankruptcy functions — all of your debts will be wiped out. However, you will also be required to liquidate a significant portion of your property. As your bankruptcy lawyer in St. Cloud, I will try to preserve whatever possessions I legally can. And Florida law protects many assets that are critical to rebuilding your finances.

Chapter 13 Bankruptcy

This type of bankruptcy is for people who are in trouble but can still potentially recover with the help of bankruptcy protection. Instead of wiping away all of your debts and liquidating your assets, Chapter 13 bankruptcy consolidates your debt in a way that significantly reduces interest. You agree to a payment plan, and as long as you keep up with payments, all collection activities against you must cease. Once you have completed the payment plan, all unsecured debts will be eliminated.

Since the total cost of the payment plan is usually quite a bit less than the total of your unsecured debts, this is much more manageable for many people. As your bankruptcy attorney in St. Cloud, I will fight to get you a reasonable payment plan that grants you a path to financial solvency.

It may seem counterintuitive, but agreeing to an affordable payment plan can be a more effective way of clearing away your debt than wiping it out and starting from scratch.

How a St. Cloud Bankruptcy Lawyer Can Help

My goal in every bankruptcy case is to help my client start down the road to financial recovery. This means the first thing I do is ask questions to determine whether bankruptcy is the right solution for your situation. Even though I am a bankruptcy lawyer in St. Cloud, I’d rather guide you to alternate solutions than help you file for a bankruptcy that isn’t optimal for you.

Once I have determined that bankruptcy is the right choice, I need to determine the full extent of your assets and what ability, if any, you have to pay your debts. This step is critical to determining whether you should file for Chapter 7 or Chapter 13 bankruptcy and will help me conserve your most important assets.

Typically, this process involves significant investigation. Most people have assets and debts they aren’t aware of. I am experienced in tracking down these hidden finances and creating a full financial picture.

Finally, as a St. Cloud bankruptcy lawyer, I work hard to protect your most important assets. My experience with Florida and federal laws allows me to prioritize assets and protect your future in the way that matters most to you.

When the walls feel like they are closing in financially, bankruptcy may be the right solution to get out of debt and recover financially. Contact my law firm at (407) 749-0080 to schedule a consultation with a bankruptcy attorney in St. Cloud.

Why Choose Lewis Roberts, PA?

The St. Cloud Bankruptcy Attorney Who Cares

If you are considering bankruptcy protection, that means you have already reached a point where you have exhausted all other options. That is a frightening situation to be in. I understand your fears and will quell them by providing you with simple and effective options for financial recovery. I’ve dealt with issues like credit card debt, late mortgage payments, and student loan debt before. I know how to navigate these issues and how to protect the assets that are most important.

When you come in for an initial consultation, you won’t find an overly serious attorney who makes you feel like you’ve made mistakes. You will encounter a compassionate lawyer who tries to lighten your load and seeks to understand your needs. Bankruptcy isn’t helping you if you feel like you’re losing everything during the process. That is why I focus on preserving the assets that are most important to you and your family.

Frequently Asked Questions

Answers From a St. Cloud Bankruptcy Attorney

The key to surviving debt and bankruptcy is understanding your options. I won’t let you leave my office until you understand as much about your finances and your legal options as possible. To get you started, the following are answers to some of the most common questions I get.

How long do I have to live in Florida to take advantage of Florida bankruptcy laws?

To fully take advantage of Florida bankruptcy laws, you must have lived in Florida for 730 days before filing for bankruptcy. If you haven’t reached that threshold, I will try to find ways to viably delay your filing or recommend other options.

Will I keep my house after bankruptcy?

You should. The homesteading exceptions in Florida are relatively generous. There are legal ways to keep your home both for Chapter 13 and Chapter 7 bankruptcy.

Can I keep any other assets?

Yes. The types of assets you can keep will depend on what type of bankruptcy you declare. Typically, I will attempt to protect your vehicle, especially if you need it to work. We will discuss other assets and determine which ones can be saved.

How can I afford a lawyer if I am going bankrupt?

Typically, you will save more money from bankruptcy than my fees will cost. I work with people facing bankruptcy all the time, and I understand how difficult any extra costs can be on their budget. I keep my fee as low as I can and offer payment plans to make sure clients can take advantage of my services.

If you have any other questions, ask them during the initial consultation. The better you understand what is going on, the less stressful the bankruptcy process will be for you.

Contact Lewis Roberts for Bankruptcy Assistance

Being in debt can be very expensive. Bankruptcy may be the right option to get your finances in shape and escape overwhelming debt.

If you are considering bankruptcy in St. Cloud, Florida, don’t make any rash decisions until you have consulted with an experienced bankruptcy attorney. Contact my law firm at (407) 749-0080 to schedule a consultation as soon as possible.

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 ]