For most people, filing bankruptcy is the last resort after their financial picture has gotten out of control. While the process can seem daunting, a skilled Clermont bankruptcy lawyer can help you understand when the time is right and what to expect from the process if you qualify for Chapter 7 Bankruptcy protection.
A Chapter 7 is reserved for debtors who have primarily consumer debt and meet certain income limits. The great appeal to most debtors is that once a Chapter 7 is completed, the debtor has a fresh start and can begin to rebuild their financial life. A Bankruptcy attorney can review your circumstances and help you determine if a Chapter 7 filing is right for you.
Once you’ve determined if you qualify for Chapter 7, you’ll have to complete a series of documents to file with the Bankruptcy court. A Chapter 7 Bankruptcy case is started by filing a Petition. While the form itself is fairly simple to complete, you’ll need to be prepared to provide the complete picture of your debts and assets. You’ll prepare a series of Bankruptcy schedules disclosing the identity and character of all of your debts and assets. These forms and schedules must be completed thoroughly, accurately, and timely to prevent dismissal of your case. You will also need to complete credit counseling.
After you’ve completed your credit counseling and the appropriate paperwork, your attorney will walk you through the next steps. Eventually, you’ll attend a meeting of creditors. If everything goes smoothly, the bankruptcy judge will order a discharge of your debts and your case will conclude. An attorney can help ensure you’ve completed your forms properly and can help you address any problems if and when they arise.
If you’re feeling overwhelmed by debt or have already received collections or foreclosure notices, contact an experienced Clermont bankruptcy attorney as soon as possible. Call Merideth Nagel, P.A., Attorney at Law to set up a consultation at 352-394-7408 or toll free 877-580-6868. Serving Lake, Sumter, Orange and Marion Counties.
Serving West Orange County, Lake County, Sumter County & Marion County
The more I get to know her the more convinced I am that she is the right attorney for me. The compassion and integrity I have seen is quite remarkable and I highly recommend you use her office to service… ~ Kelly,
Ms. Nagel represented my wife and I in a bankruptcy case and also in a recent real estate transaction. I felt compelled to share our experience. Ms Nagel and all of her staff handled everything in a very professional matter… ~ Mike,
Merideth Nagel has been a help to me, over the last 10 years, for multiple legal issues! As her client, and as a realtor who utilizes her real estate and title services, Merideth, along with her phenomenal staff, has afforded… ~ Tiki Jackson,
“If it weren't for Merideth Nagel and her top-notch team of seasoned professionals, I shudder to think where my family would be today. At this firm, you are not a name, a face, a case number, or a quagmire. You… ~ Heather, Clermont
“Merideth and her team have been a real blessing to me over the years! She helped me with real estate several times and estate planning. I can recommend her with full confidence!” ~ Nancy, Orlando
“We utilized Nagel Law to assist us with a real estate transaction a little over a year ago. Merideth and her entire staff treated us with the utmost professionalism as well as eased our minds pertaining to this transaction. We… ~ Lynette, Orlando