What You Need To Know About Chapter 7 Bankruptcy
It’s easy for anyone — especially hard workers who try to be financially responsible — to fall into serious debt and struggle to keep up with the bills. For example, if you:
- Lost your job
- Suffered a medical emergency
- Are caring for a sick loved one
- Suffered the death of a spouse
You might be wondering if it’s possible to catch up and keep your credit from being permanently damaged.
You do have options, and the attorneys and legal team at Hathaway Sprague Law, P.A., are here to help. Attorneys Kathryn Hathaway and Wayne Sprague have been helping people in Tallahassee and the Panhandle with bankruptcy and consumer protection for years. We know that many people are afraid to speak with a lawyer about their debt. If you’re ready to learn your options for improving your financial future, we’re ready to give you our experienced advice in our welcoming, friendly office.
Call toll-free at 888-858-5404 to arrange a consultation.
How Chapter 7 Bankruptcy Works
Chapter 7 bankruptcy basically involves taking inventory of all your debts (such as credit card balances, medical bills and other debts) as well as your assets. Chapter 7 is sometimes known as “liquidation” because in some cases, assets are sold to generate money used to pay a portion of all debts.
However, in most cases legal exemptions allow people to keep their cars and other property from being liquidated. We may be able to help you maximize your exemptions, protect your assets and make the bankruptcy process take as little time as possible. We will guide you through each step, keeping you well-informed about the process and helping prepare you for a brighter financial future.
We May Be Able To Help You. Contact Our Firm Today.
Our offices are conveniently located in central Tallahassee, and we help clients throughout the Panhandle.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.