Chapter 13 Bankruptcy Attorney In Orlando

During my 25-plus years of experience practicing bankruptcy law in Florida, I have had the privilege of helping many people keep their homes, catch up on their past-due mortgages, reduce their interest rates and, put simply, breathe easier. If you are facing a financial storm that includes potential foreclosure, Chapter 13 bankruptcy may be your best option for a better tomorrow.

In a Chapter 13 bankruptcy, you create a repayment plan to pay back some of your debts. The plan can last either three or five years. At the end of the repayment plan, the court will discharge your "unsecured debts." Unsecured debts are debts that are not backed by collateral, such as credit card debts and medical bills.

When Experience Matters: Former Staff Attorney For The Bankruptcy Trustee

Before starting Pennington Law Firm, PA, I spent 10 years as a staff attorney for the Chapter 13 Trustee in Orlando, Laurie K. Weatherford. I was able to experience Chapter 13 cases from all sides of the table. Today, that experience translates into more efficient and less stressful bankruptcies for my clients.

"Should I File Chapter 13 Bankruptcy?"

Choosing whether to file for bankruptcy is a personal decision. While I am a bankruptcy lawyer, I know that bankruptcy isn't right for everyone. But if you have come to this website, you are here because either you or someone you love is facing significant debt. Bankruptcy can help you move through it like it has helped countless people for thousands of years (learn more about the history of bankruptcy here).

Chapter 13 is a great option for individuals and married couples who have a regular source of income, but face foreclosure, poor credit, high interest rates, creditor harassment and other significant hurdles. It can help you keep your home, stop creditor harassment and even lower high interest rates.

It may not be the best option for people with limited income. To make Chapter 13 work, you must be able to make a monthly (or biweekly) payment to the bankruptcy trustee. If you cannot do this — or you will still need to scrape the barrel every month after bankruptcy — then Chapter 7 might be a better option.

Call 407-278-7776 or 352-508-8277 For A No-Cost Consultation To Discuss Your Options

You are already overwhelmed with debt. Let me help relieve the burden you face without putting extra stress on you. I make every effort to offer a comfortable environment to talk through your options. For a no-cost consultation at my law office in Orlando or Tavares, please call 407-278-7776 or 352-508-8277 or contact me online.

Pennington Law Firm, PA, is a debt relief agency. I help people file for bankruptcy relief under the Bankruptcy Code.