Tampa Bankruptcy Attorney
Attorney Paul Riffel has been filing Tampa Chapter 7 and Chapter 13 bankruptcies on behalf of clients since 1985.
If you are considering bankruptcy, it is important to get the information you need about filing a bankruptcy petition and positioning yourself to come out of bankruptcy in the best financial situation possible. Tampa bankruptcy attorney Paul Riffel has seen bankruptcy laws develop and change over the years, and has a deep understanding of the ways debtors can overcome financial hardship by utilizing the protections and opportunities bankruptcy can provide, such as:
- Debt Discharge
- An Affordable Repayment Plan
- Avoiding Foreclosure
- An Automatic Stay to Stop Creditor Collection Action
- A Fresh Financial Start
Chapter 7 of the United States Bankruptcy Code is used to discharge many or all consumer debts. Because the debtor’s assets are liquidated to pay back the debts owed to various creditors, it is also called liquidation bankruptcy. However, many people are able to take advantage of available exemptions and achieve their bankruptcy discharge without having to sell off any assets. If your household income is above Florida’s median income, you must take a means test to determine if you qualify for Tampa Chapter 7 bankruptcy.
Debtors who are ineligible for Chapter 7 bankruptcy may be able to pursue the Chapter 13 repayment plan, which readjusts debts into affordable monthly payments. There are many benefits to filing for Tampa Chapter 13 bankruptcy, such as keeping nonexempt assets like a second vehicle or stocks, bonds, and other investments. If you are behind on mortgage payments, Chapter 13 can also help you avoid foreclosure, while avoiding the liquidation of all your other property.
Florida also has a specific set of bankruptcy exemption laws that affect what property you will be able to keep if you file for bankruptcy. For example, if you do not claim a homestead exemption, you can keep up to $5,000 of personal property. In 2005, this amount actually increased from only $1,000. Changes like this are the reason you need an experienced bankruptcy lawyer to ensure your bankruptcy is handled in the manner most beneficial to you.
How do I proceed with filing for a Bankruptcy?
The first consultation to discuss filing for bankruptcy is free of charge. Please bring a list of your creditors to the meeting and fill out the bankruptcy worksheet below. The information you provide will help determine your best course of action.
Step 1: Watch this video first.
Step 2: Complete the Bankruptcy Worksheet
Step 3: Contact us to set up an appointment.
Contact Our Experienced Tampa Bankruptcy Attorneys Today
Too often, the biggest hurdle for people considering bankruptcy is emotional—they are simply embarrassed or scared to admit they need help overcoming debt. However, this is not the correct way to think about bankruptcy. Bankruptcy should be an entirely financial decision based upon your family’s best interest. Contact our Tampa bankruptcy attorney today.