East Naples FL Bankruptcy Attorney
Debt can quickly turn your life upside down. Amidst the stress and anxiety, making decisions about your financial future can seem impossible, especially if you aren’t aware of the various options you can pursue.
An East Naples FL bankruptcy attorney can help you regain control over your financial life. If you are considering bankruptcy or alternative debt relief options, contact Ryan J. Really, Attorney at Law, PLLC today.
Take Control Over Your Financial Future
We understand how daunting it can be to try to regain control of your finances. An experienced East Naples FL bankruptcy attorney can help you use bankruptcy to discharge or reorganize your debt, or explore other options that best suit your circumstances. This could include:
- Chapter 7 Bankruptcy
- Chapter 13 Bankruptcy
- Small Business Bankruptcy
- Foreclosure Defense
- Debt Negotiation
Our office has extensive legal experience and the proper resources to help you get a fresh financial start.
If you choose to file for Chapter 7 bankruptcy, you may be able to have all (or nearly all) of your debt discharged. Chapter 7 also gives you protection against creditors and lets you reach debt relief faster than other types of bankruptcy.
You will have to successfully pass a means test in order to be eligible for Chapter 7 bankruptcy. During the test, your disposable income will be checked against the average income of other people who are in similar circumstances.
Filing for Chapter 13 bankruptcy gives you the opportunity to gradually repay off debt through a payment plan. Typical plans are 3-5 years in duration. Filing for Chapter 13 bankruptcy also:
- Protects you against foreclosure and harassment by creditors,
- Gives you the ability to craft a reasonable repayment plan, and
- Allows you to discharge debt after the plan expires.
To learn more about qualifying for Chapter 7 or Chapter 13 bankruptcy, speak with a East Naples FL bankruptcy attorney to learn more about the process.
Business owners face a lot of risks. Many have to take on debt in order to expand operations or stay afloat in a competitive market. Sometimes, this debt become too much to handle and forces business owners to make hard decisions.
Our team of experienced bankruptcy attorneys can help you and your business stay afloat financially and develop a strategic plan for the future. In general, bankruptcy for small businesses comes down to two options:
- Chapter 7: This gives business owners the ability to pay off creditors by selling assets. The business is then dissolved.
- Chapter 11: This option allows a business to restructure and reorganize so it can slowly pay off creditors over a set period of time.
It can be very difficult to make your monthly mortgage payment if you are struggling with debt. The inability to keep up with a mortgage can subsequently place your home at a big risk for foreclosure, which can have a significant impact on your family and financial future.
If you are facing overwhelming debt, you likely want to do everything you can to keep control over your home, since it is your most important asset. We can advocate on your behalf to halt the foreclosure process.
Once you file for Chapter 7 or 13 bankruptcy, the court will issue an automatic stay. This prevents any creditors from taking action to collect on your debt, which can temporarily keep your house safe from foreclosure.
Is Debt Negotiation a Good Idea?
One pro of the debt negotiation process is it gives you a chance to work with creditors to craft a payment plan. However, many debt negotiation services do not have your best interests in mind and may not have the best negotiating tactics.
Some creditors might not be willing to negotiate, while others might be uninterested in settling all of your debt. It is important to work with an experienced bankruptcy lawyer if you are considering debt negotiation. We can help you determine whether this suits your needs and situation.
Speak With a East Naples FL Bankruptcy Attorney Today
No matter your circumstances, you do not have to tackle debt by yourself. The experienced team at Ryan J. Really, Attorney at Law, PLLC can help. Take back control of your financial future by contacting a East Naples FL bankruptcy attorney today.