laniganpl.com/2012/10/20/how-t... (Winter Park, Florida) bankruptcy lawyer Eric Lanigan talks about why bankruptcy isn't always the best solution for you. If you're considering bankruptcy in 2016, find out your options before you decide.
Chapter 7? Chapter 11? Chapter 13? Find out what's best for your problems. It's a good idea to put all your debts, and your income/revenue on the table in front of an attorney and find out whether bankruptcy will solve your financial challenges.
An honest, experienced lawyer will listen to your individual personal and business issues. If your business debt is the problem, then that could present one situation.
If you have credit card, department store, student loan debt, payday loans, medical bills, but no business debt, then you're looking at Chapter 7 bankruptcy or Chapter 13 bankruptcy.
The amount of debt you have and the amount of income will decide whether you will qualify for a Chapter 7 bankruptcy. If you make too much money according to the Florida Means test, then you may have to file a Chapter 13 bankruptcy.
But if you have a good debt settlement plan negotiated on your behalf, you may not need to file Chapter 13 bankruptcy.
It's important to carefully consider all options in the context of whether bankruptcy is the right solution to your problem. Every financial problem will have a different solution base on your debt level and your income. Don't listen to friends, relatives, co-workers because your financial situation is vastly different from their financial issues.
We are here to help. Call for a consultation with Eric Lanigan by calling 407-740-7379 to meet in the offices located at 831 W. Morse Blvd., (Winter Park, Florida)