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Orlando Bankruptcy Lawyer

If you reside in the Orlando area, are overcome with mounting dept and have been wondering if filing bankruptcy might be right for your particular situation, you can get the advice of an Orlando Bankruptcy

Lawyer to see what your options are.  When you consult with a bankruptcy lawyer, you will be provided with information that can help you make an informed decision.

If you need an Orlando Bankruptcy Lawyer to help with filing bankruptcy, you should know they may be able to get you discharged from certain bills.  Bills such as medical debt and credit card debt are the most common bills people have and your lawyer may advise you to file an unsecured debt Bankruptcy.  Another option is filing a chapter 7 bankruptcy or“liquidation” where a person who might have money that is owed in a repossession of a car loan or in the midst of a foreclosure gets the opportunity to get these wiped clean off their credit report.  A person who owns property or a business may file chapter 7, however, there are

Certain criteria that must be met such as a means test and if you fail, you may be forced to file chapter 13.

Many times, individuals file bankruptcy as a last attempt to get their debts resolved. After employing just about every other area to pay your bills sometimes things like an overwhelming medical bills, divorce, job loss or significant loss of income may leave you no other resources to pay all of your bills.  If you are seeking to file bankruptcy, make sure you speak to a knowledgeable lawyer that is able to guide you through the entire process and show you what options are available for your specific needs.

Your Orlando Bankruptcy Lawyer may make the recommendation for you to file a chapter 13 bankruptcy where you are required to pay a part of your debt through a structured repayment plan.  The court will decide on the amount you will repay. There are also certain debts that are exempt from bankruptcy which means you will have to pay these debts and they are:

student loans
state and federal taxes
back spousal support
child support  owed

However, when you consult with your Orlando Bankruptcy Lawyer, they can speak on your behalf to these entities in order to devise a plan whereby a payment plan or another type of financial agreement can be made so you could resolve these issues. Although a bankruptcy can stay on a credit report for up to 10 years and wipes all the history away, it is essential to understand the benefits of hiring a qualified bankruptcy attorney.  When you decide on filing bankruptcy, your credit starts to rebuild that very same day it becomes finalized.  A bankruptcy gives an individual the opportunity to start over and will allow you to become debt free and can also stop creditor call and foreclosure.

The thing with Bankruptcy is that it gives a person, who is hounded by creditors, a chance to start over. You can avoid those letters and constant phone calls from creditors that threaten to take you to court over a debt you owe. Visit Bankruptcy Lawyer on helpful information on finding the right lawyer for you.

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Billy Brown

Mark & Brown P.A.
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Mark & Brown P.A.

5728 Major Blvd.
Suite 502
Orlando, FL 32819

Office (800) 209-1477

Website:
http://www.MarkLawFirm.com