Experienced Florida Bankruptcy Lawyers
Chapter 7 involves the process of settling a person's or company's debts through liquidation. This process looks quite different for individuals and businesses. In either case, it is important to know how filing for Chapter 7 could impact you. Be sure that you seek the advice of a respected Tampa Chapter 7 attorney.
At the law firm of Buddy D. Ford, P.A., we represent business and individual clients throughout Florida in all aspects of Chapter 7 bankruptcy. Attorney Ford was a Chapter 7 trustee for more than 10 years. He has a comprehensive knowledge of Chapter 7 cases and he works diligently to help you obtain the debt relief you need.
Chapter 7 for Businesses
Businesses facing excessive debt can file for Chapter 7 bankruptcy in situations where it would be best to wipe the slate clean and start over. In these cases, the Chapter 7 trustee would generally sell the company's assets and distribute the funds to its creditors. At the end of the process, the business would be dissolved. We have represented companies of all sizes in these matters. We will walk you through the entire process and work to ensure that your interests are protected.
Chapter 7 for Individuals
Individuals who file for Chapter 7 bankruptcy typically have a large amount of unsecured debt, like credit card debt or medical bills. Individuals seeking Chapter 7 relief must meet specific criteria before they are allowed to file. The law allows you to keep the critical assets necessary to live your life under state and federal property exemption statutes, including home, car and clothing. If there is any non-exempt property that can be sold to repay creditors, it may be liquidated by the trustee.
Call for a Free Consultation
Contact our office today to learn more about our Chapter 7 bankruptcy services and how we can help you. We are available during regular business hours and by appointment evenings and weekends. You can reach us by phone at 813-463-2835, toll free at 877-547-1561 or via e-mail.
We are a debt relief agency. We help businesses and individuals file for debt relief under the Bankruptcy Code.
