Chapter 7 Florida Attorneys Serving Pinellas, Hardee, Orange, Hillsborough, Manatee, Sarasota, Polk, Pasco & Hernando Counties

In Florida, Chapter 7 bankruptcies are the most common. Chapter 7 is simply the name of the section of the U.S. federal bankruptcy code that governs bankruptcies for individuals and businesses who cannot repay their debts. If you declare bankruptcy, chances are your case will be processed under Chapter 7. Some, but not all, of your assets will be liquidated (sold) and the cash proceeds will be distributed to your creditors. If you live in Florida, Chapter 7 is one of the simplest ways to declare bankruptcy. Unfortunately, in recent years the process has become a bit more complicated. The rules can be confusing, so that’s why you should contact Kennedy Law Group. We’re bankruptcy attorneys in Central Florida who can help you learn more about the bankruptcy process, file the right paperwork, and represent you in court.

And remember, just because you declare bankruptcy, that doesn’t mean you’ll lose everything. The following types of property are off hands to creditors before, during, and after the bankruptcy process:

• Veterans’ benefits
• Social security payments
• Income tax refunds
• Land – ½ acre or 160 acres (depending on location)
• $1,000/person; $2,000/married couple
• 401(k) income
• And more

Need a fresh start? Wherever you live in Florida, Chapter 7 bankruptcy might be your ticket to financial freedom. You’ll be able to erase your debts and start building up a better credit score in a matter of just a few months.

For more information, contact one of the most trusted Florida bankruptcy law firms: Kennedy Law Group.