Bankruptcy
Are creditors driving you up a wall? Everyone faces hardship from time to time. When you are faced with financial problems, don’t go at it alone.
Filing for bankruptcy should be your absolute last result, but if you do have to file we are here to help give you a fresh start. Whether you are considering chapter 7, 11, or 13 bankruptcy, we offer help.
- Foreclosure Reinstatement
- Personal and Business
- Mortgage Problems
- Credit Card Debt
- Chapter 7, 11, 13
- Repossession Debt
- Payment plans
What is the difference between Chapter 7 and Chapter 13 Bankruptcy?
A Chapter 7 Bankruptcy is what most consider a “regular bankruptcy.” In Chapter 7, we can usually eliminate such debt like credit cards, medical bills, repossession deficiencies, and signature loans. In most proceedings an individual is able to obtain a discharge within 4 to 6 months, which allows you to make a fresh start and have financial independence.
A Chapter 13 Bankruptcy is a debt reorganization bankruptcy A Chapter 13 allows an individual to pay off all or a portion of their debts; often the debt will be significantly reduced over a period of three to five years. This type of bankruptcy usually is appropriate for those individuals who want to save their home from foreclosure.
G.W.S. Simpson III, P.A. - Attorney At Law - 431 Canal Street - New Smyrna Beach, FL 32168
Office Numbers: - 386-427-2360 -
386-295-7501 Office Fax: - 386-423-5640
