Using Chapter 11 To Address An Individual’s Debt
If you own valuable properties or have a high income, Chapter 11 will be the best way to reduce your debts, stop foreclosure and protect your assets. At the Law Offices of Buddy D. Ford, P.A., in Tampa, we have helped more individuals file for Chapter 11 bankruptcy than any other law firm in the Middle District of Florida.
Protect your assets. Reduce your debts. Contact our firm today.
Reasons To File For Chapter 11
No matter what bankruptcy option you choose — Chapter 7, Chapter 13, Chapter 12 or Chapter 11 — you will be able to reduce or eliminate your debts. However, if you have substantial assets, Chapter 11 may provide more protection. Common reasons individuals choose Chapter 11 over other bankruptcy options include:
- Ownership of valuable rental properties or other income-producing assets
- Saving a home or investment property from foreclosure
- Preventing the repossession of vehicles, machinery and equipment
- Stripping second mortgages and unsecured liens from valuable properties
- Reorganizing a sole proprietorship
- High income that disqualifies them from Chapter 7 or Chapter 13
As an individual, you have many bankruptcy options. Knowing which path is right for you can be a challenge. Attorney Buddy Ford is highly skilled in Chapter 7, Chapter 13 and Chapter 11 bankruptcies. Having served as both a Chapter 7 and Chapter 11 trustee, Mr. Ford knows the various bankruptcy systems inside and out and knows which one will provide you with the best form of debt relief.
Find Out If Chapter 11 Is Right For You
At the Law Offices of Buddy D. Ford, P.A., we know that filing for bankruptcy is a big step. We want you to feel comfortable with your decision. That is why our lawyers take the time to meet with you face to face, discuss your fears and explain how bankruptcy will benefit you. Every client has Mr. Ford’s personal cellphone number — you can call anytime.
To schedule a consultation and discuss your financial circumstances in detail, call 813-302-1258 or 866-596-9247 or email us. Our main office is in Tampa, but we have additional locations in Pinellas County and throughout the state.
We are a debt relief agency. We help businesses and individuals file for debt relief under the Bankruptcy Code.