Overwhelmed By Debt? Bankruptcy Protection Can Provide You With Relief.

If you have recently found yourself in a tough financial situation, whether you are facing the foreclosure of your home or receiving harassing calls from debt collection agencies, it is important to understand that you have options.

At Ford & Semach, P.A., we help clients across Florida find the right debt relief solution to fit their needs. Our attorneys can help you with any business or personal bankruptcy issue, including Chapter 7, Chapter 11 and Chapter 13 filings. We focus exclusively on bankruptcy law and work hard to resolve your bankruptcy needs.

What Bankruptcy Can Do For You?

Stop creditor harassment

As soon as you initiate the bankruptcy process, the court will order an automatic stay. This is an order that prohibits all creditors from continuing their collection efforts and subsequently allows you to resolve your debt-related issues without having to worry about dodging incessant phone calls from collection agencies.

Stop foreclosure

By acting quickly, you may be able to fight the foreclosure of your home through bankruptcy. Most commonly, homeowners faced with this problem will choose to file under Chapter 13, as it stops the bank from continuing the foreclosure process and allows a debtor to catch up on any overdue payments.

Stop repossession and wage garnishment

If you are at risk of garnishment or repossession, filing your petition immediately stops all collection activity.

Prevent utility shutoffs

Filing for bankruptcy can stop utility companies from cutting off essential services such as electricity, gas or water. If you’re behind on utility bills, the automatic stay can give you the breathing room to catch up and keep your household running.

Protect co-debtors in some instances

If a friend or family member co-signed on a loan with you, Chapter 13 bankruptcy may also protect them. The automatic stay can extend to co-debtors on consumer debts, shielding them from collection efforts while you work through your repayment plan.

Discharge your debt and get a fresh start

At the end of the day, the most valuable component of filing for bankruptcy is the ability to discharge your debt. Through Chapter 7, a debtor can liquidate nonexempt assets, discharge a substantial portion of debt and walk away with a fresh start.

Consolidate debts into one payment

Under Chapter 13, you can consolidate your debts into a single monthly payment. Instead of trying to juggle multiple bills and creditors, you make one simplified payment through the court-approved plan. This allows for greater control, easier budgeting and reduced stress.

Create affordable repayment plans

Chapter 13 also allows for affordable repayment based on income and living expenses. The court will ensure your payment plan is reasonable so you can meet your basic needs while gradually repaying what you owe.

Improve financial skills through counseling

You’ll complete the required financial counseling and education courses as part of the bankruptcy process. These help you understand budgeting, credit use and financial planning – valuable skills that can prevent future financial issues and lead to a stronger long-term recovery.

Take back control of your financial future

One of the most devastating side effects of financial instability is the feeling that your life has slipped out of your control. Worrying about debt can be all-consuming, and no one understands that better than the legal team at our firm. For this reason, we take pride in being able to assist clients in taking back control of their financial futures.

Secure legal protection and guidance

Bankruptcy provides not just debt relief but also strong legal protections. Once you file your petition, creditors must stop all collection efforts. During the process, our legal team will protect your rights, answer your questions, and handle your case with care and experience.

Get peace of mind

With no more collection calls and letters, you can finally relax and not worry about who is calling or what you will find in the mail.

Call For A Free Consultation

Contact our office today to learn more about our bankruptcy services and how we can help you. We are open during normal business hours and can also accommodate appointments in the evenings and on weekends. Feel free to contact us by phone at 813-302-1258 or via email.

We are a debt relief agency. We help businesses and individuals file for debt relief under the Bankruptcy Code.