Tag Archives: bankruptcy attorneys

Bankruptcy Laws | Bankruptcy Attorneys | Filing chapter 7

Posted on January 16, 2014 by Blick Law

Chapter 7 Bankruptcy AttorneyFiling Chapter 7 Bankruptcy is a common option most pursue to eliminate debt. Filing for Bankruptcy may be a refreshing solution to gain a debt-ridden life.

How do I qualify for Chapter 7 Bankruptcy?

Chapter 7 Bankruptcy is for those seeking to cancel or get rid of insurmountable debt. Generally, those that qualify for chapter 7 personal bankruptcy filing are for those with little property aside from the basic necessities.

What is Chapter 7 Bankruptcy?

Chapter 7 Bankruptcy is a liquidation proceeding whereby the debtor turns over all non-exempt property to the bankruptcy trustee who then converts it to cash to pay off the creditors.

What kind of debt is dischargeable?

Most dischargeable debts include your credit card debt, old medical bills, utilities bills, unsecured loans, pay day loans, and most other types of unsecured debt.

What is the advantages to filing bankruptcy?

The advantage to filing Chapter 7 Bankruptcy is that your unsecured debt is completely eliminated, the process is not very long, and the automatic stay that takes place after filing prohibits creditors from making collection efforts.

It is important to seek counsel and legal representation when considering filing for bankruptcy. The process may be tedious and requires the collection and tracking of several documents for the filing preparation. The more prepared the debtor is, the more seamless the process becomes.

Bankruptcy is an intricate area of law which involves situations from, what type of bankruptcy to file; if bankruptcy is the right option; the use of exemptions; to understanding the protections of the Bankruptcy Code and applying them for legal Micheal Blick red tieadvantages.

Obtain legal guidance from an experienced bankruptcy attorney today. Schedule a free means test evaluation to see what you may be qualified for in your journey to recovering a debt free life! Think quick, call Blick!

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Chapter 7 Bankruptcy | Bankruptcy Attorney

Posted on September 26, 2013 by Blick Law

Chapter7BankruptcyChapter 7 Bankruptcy is a complex area of law and involves many considerations, including: whether to file, determining which type of Bankruptcy to file, the use of exemptions, understanding the protections of the Bankruptcy Code and using them to your advantage.

 

Bankruptcy advantages and alternatives to consider:

Elimination of Debt: The main advantage to filing for bankruptcy is the discharge of most debt. The discharge totally eliminates the obligation to pay many types of debt including your credit card debt, old medical bills, utilities bills, unsecured loans, pay day loans, and most other types of unsecured debt. ***Note: Certain types of debt cannot be avoided by filing for bankruptcy including Student Loans, Child Support and Alimony Payments, Court Fines, DUI judgments against the debtor, and debts incurred by Fraud.

Avoid Creditor Harassment: Once a debtor files for bankruptcy, there is an automatic stay on the collection of debt and most creditors must terminate their collection efforts immediately. The stay is an automatic court order that prohibits all sorts of collection attempts by creditors, and postpones most actions against the debtor, including repossessions, garnishments or attachments, utility shutoffs, foreclosures, and evictions.

Get a Fresh Start: You will be able to pay the things that are important to you, and begin rebuilding your credit in peace!

Alternatives to Consider: Bankruptcy is not the only method of dealing with insurmountable debt, and other methods may be more advantageous for your particular situation. Such alternatives may include an out-of-court settlement with creditors, reduction of payments to creditors, consolidation of debts, or payment of debts by sale of assets or borrowing on assets. However, the availability of these methods varies depending on the severity of your financial difficulties, and also requires cooperation from creditors.

If you are having trouble meeting your debt obligations, consult an experienced Tampa Bankruptcy attorney to discuss your options.

Call Blick Law Firm today at 813-931-0840. Make an appointment for a free 15 minute consultation with Michael Blickensderfer to see if Bankruptcy is right for you.

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Bankruptcy Attorneys Tampa | Discharge Debt | Chapter 7 Bankruptcy

Posted on July 25, 2013 by Blick Law

Chapter 7 Bankruptcy AttorneysGet a start today and eliminate debt! The main advantage to filing for chapter 7 bankruptcy is the discharge of most debt in order to pay the things that are important to you, and begin rebuilding your credit again!

Bankruptcy is a complex area of law and involves many considerations, including whether to file, determining which type of Bankruptcy to file, the use of exemptions, understanding the protections of the Bankruptcy Code and using them to your advantage.

What does it mean to discharge your debt?
When you are in the process of filing for bankruptcy, the entire process is usually completed within four months, and the debtor then receives a discharge of all dischargeable debts. The advantage to filing Chapter 7 Bankruptcy is that your unsecured debt is completely eliminated, the process is fairly quick, and the automatic stay that takes place after filing prohibits creditors from making collection efforts.

What are you able to discharge when filing for bankruptcy?bankruptcy chapter 7
The discharge totally eliminates the obligation to pay many types of debt including: credit card debt, old medical bills, utilities bills, unsecured loans, pay day loans, and most other types of unsecured debt.

Are all types of debt dischargeable?
Certain types of debt cannot be avoided by filing for bankruptcy including: student loans, child support and alimony payments, court fines, DUI judgments against the debtor, and debts incurred by fraud.

AVOID CREDITOR HARASSMENT: Once a debtor files for bankruptcy, there is an automatic stay on the collection of debt and most creditors must terminate their collection efforts immediately. The stay is an automatic court order that prohibits all sorts of collection attempts by creditors, and postpones most actions against the debtor, including repossessions, garnishments or attachments, utility shutoffs, foreclosures, and evictions.

filing for bankruptcy tampaWhy hire a bankruptcy attorney?

It is important to be aware that while Chapter 7 Bankruptcy may ultimately relieve a debtor of the burden of insurmountable unsecured debt, it is a process that requires the production of several documents and tedious preparation. The more prepared the debtor is, the more seamless the process becomes that is why a trusted bankruptcy attorney may be beneficial in walking you through the process.

No matter what your situation is, obtaining quality legal consultation from an experienced bankruptcy attorney is beneficial. Contact Blick Law Firm today at (813) 931-0840. Schedule a free 15 minute consultation with attorney Michael Blickensderfer to assess what option is best for you. Think quick, call Blick!

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Tampa Bankruptcy Joint Filing

Posted on February 28, 2013 by Blick Law

When married couples consider filing Bankruptcy, they are faced with the choice of determining whether to file jointly or individually. This determination is important, and many concerns should be addressed prior to deciding what to do.

Many times, one spouse may have debts alone and deem it necessary to file a bankruptcy separate from the other spouse. However, in cases where both spouses are facing financial hardship in meeting the payments on their debt it can be advantageous to file Bankruptcy jointly. Advantages to filing jointly include:

  • Paying only one filing fee instead of paying the same fee twice for separate filings;
  • Assistance from the other spouse in gathering all the necessary documentation together, which can be extremely burdensome; and
  • Filing jointly is more efficient by consolidating the filing, making it is less time consuming.

Joint filing can have disadvantages as well, especially when there is a large disparity in the debts and assets between the spouses. It is important to consult a bankruptcy attorney to determine what the most effective and beneficial filing is for your specific situation.

If you or a loved one have concerns about Bankruptcy or are considering filing Bankruptcy jointly, call Blick Law Firm today at (813) 931-0840. Schedule a free 15-minute consultation with attorney Michael Blickensderfer.

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Filing Bankruptcy After the Holidays

Posted on November 20, 2012 by Blick Law

With the Holidays quickly approaching, many people are becoming mindful of the expenses related to purchasing gifts for loved ones and even splurging on deals for themselves on Black Friday. It is important to remember, especially for those in financial hardship to spend responsibly; and for people who are considering Bankruptcy it is even more important to be aware that debt accrued over the holidays may not be dischargeable through Bankruptcy.

If a creditor can prove that credit card charges over the Holidays were made fraudulently with the intent to file Bankruptcy afterward, the debt may survive the Bankruptcy. Generally, the Bankruptcy court will look to see the state of the finances when the charges were made and the nature of the purchases to determine whether Bankruptcy was imminent and the charges were made with the intent to file Bankruptcy.

Many people utilize bankruptcy as a strategy for resolving unmanageable debt. Today, it is more common than most realize and can be a refreshing solution to a debt-ridden life.

When considering Bankruptcy, a Chapter 7 filing is a useful way to discharge of most debt and can relieve the burden of creditor collection attempts. Chapter 7 Bankruptcy is generally available when the debtor has little property aside from the basic necessities like furniture and clothing; and the debtor has difficulty making payments on basic expenses, or has very little money left after doing so.

The advantage to filing Chapter 7 Bankruptcy is that your unsecured debt is completely eliminated, the process is fairly quick, and the automatic stay that takes place after filing prohibits creditors from making collection efforts.

It is important to be aware that while Chapter 7 Bankruptcy may ultimately relieve a debtor of the burden of insurmountable unsecured debt, it is a process that requires the production of several documents and tedious preparation. The more prepared the debtor is, the more seamless the process becomes.

No matter what your situation is, obtaining quality legal consultation from an experienced bankruptcy attorney is beneficial. Contact Blick Law Firm today at (813) 931-0840. Schedule a free 15 minute consultation with attorney Michael Blickensderfer to assess what option is best for you. Think quick, call Blick!

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Bankruptcy Joint vs. Separate Filing

Posted on October 12, 2012 by Blick Law

When married couples consider Chapter 7 or 13 Bankruptcy, they are faced with the choice of determining whether to file jointly or individually. This determination is important, and many concerns should be addressed prior to deciding what to do.

Many times, one spouse may have debts alone and deem it necessary to file a bankruptcy separate from the other spouse. However, in cases where both spouses are facing financial hardship in meeting the payments on their debt it can be advantageous to file Bankruptcy jointly. Advantages to filing jointly include:

  • Paying only one filing fee instead of paying the same fee twice for separate filings;
  • Assistance from the other spouse in gathering all the necessary documentation together, which can be extremely burdensome; and
  • Filing jointly is more efficient by consolidating the filing, making it is less time consuming.

Joint filing can have disadvantages as well, especially when there is a large disparity in the debts and assets between the spouses. It is important to consult a bankruptcy attorney to determine what the most effective and beneficial filing is for your specific situation.

If you or a loved one have concerns about Bankruptcy or are considering filing Bankruptcy jointly, call Blick Law Firm today at (813) 931-0840. Schedule a free 15-minute consultation with attorney Michael Blickensderfer.

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