Bankruptcy Attorneys in Dania Beach
Being in a position where massive amounts of debt continue to pile up can lead to one feeling overwhelmed and unsure of what to do next. In many cases, one of the best solutions for overcoming this debt is to file for bankruptcy. Of course, there are alternatives to bankruptcy, depending on your financial situation. If you have found yourself facing a large amount of debt and are trying to figure out how to move forward, consult an experienced Dania Beach bankruptcy attorney as soon as possible to learn about your options.
Here at Loan Lawyers, our bankruptcy attorneys in Dania Beach have over 100 years of combined experience, and we are the leading bankruptcy law firm in South Florida.
We assist with bankruptcy cases and handle cases related to tax law, foreclosure defense, debt relief, business law, and much more.
Experienced Dania Beach Bankruptcy Lawyers
Whether you are an individual facing a large amount of debt or a small business owner facing large amounts of debt, filing for bankruptcy can be complex if you need to be made aware of all the legalities and procedures associated with it. You may also need to learn which chapter is right for you to file under based on your current financial outlook. This is where our skilled Dania Beach bankruptcy attorneys come into play. We can complete a review of your finances and determine which chapter below is the best one for your specific case.
Chapter 7
Chapter 7 bankruptcy starts with applicants taking a means test to determine eligibility. If eligible, individuals can liquidate their belongings, use those funds to pay off their debt, and then move forward with a fresh start financially.
Chapter 13
Chapter 13 bankruptcy is for those not qualifying for Chapter 7 due to income. Here, individuals are typically granted a three-to-five-year extension on their repayment plan to help them have a longer time to pay off their debts. They also may be eligible for reduced monthly payments.
Chapter 11
Chapter 11 bankruptcy is ideal for those with small business loans who cannot continue making payments but still maintain a steady income.
Requesting a Modification to your Mortgage or Loan
When we request a loan modification to your mortgage, we will negotiate with your creditors and lenders to devise a solution that suits you financially. This could mean temporary payment pauses, reduced monthly payments, reduced loan interest rates, etc.
Contact Our Dania Beach Bankruptcy Attorneys
At Loan Lawyers, you can expect to be our top priority when you hire us for your legal service needs. Our ultimate goal is to help you get a fresh start financially and be able to breathe a bit more freely once you have gotten rid of your overwhelming amount of debt.
Contact us and schedule a consultation with our Dania Beach bankruptcy attorneys at 954-523-4357 today.
