What Chapter 7 Can Do for You
Chapter 7 bankruptcy is a federal legal process that allows individuals burdened by debt to eliminate most unsecured financial obligations. It’s often the right choice for those who are unable to make ends meet, no matter how hard they try. In Melbourne, Florida, a Chapter 7 attorney can help guide you through this process and toward a new financial beginning.
If credit cards, medical bills, or personal loans are making it impossible to move forward, Chapter 7 may offer the fresh start you need. Most people who file under this chapter keep their essential assets and emerge with a clean financial slate.
Who Should Consider Filing?
Many people put off speaking with an attorney because they assume they don’t qualify. The truth is, you don’t have to be completely out of money to be eligible. If your income falls below Florida’s median or your disposable income is minimal, you may pass the means test required to file.
Those dealing with constant phone calls, lawsuits, or wage garnishment often find immediate relief after filing. The automatic stay stops collections in their tracks and gives you a chance to breathe.
The Process Is Simpler Than You Think
Filing for Chapter 7 is a step-by-step process, and with the right attorney, it doesn’t have to feel overwhelming. Once your case is filed, a trustee is assigned to review it, and most debts are discharged within a few months. Unlike Chapter 13, there’s no repayment plan involved, and most people never have to go to court beyond a short meeting with the trustee.
Florida’s exemption laws are favorable, meaning many clients retain all of their personal belongings, including vehicles and homes.
Support That Makes a Difference
At Harnage Law, PLLC, our goal is to help you understand how Chapter 7 works, what it means for your future, and how it can help you regain control of your financial life. We’ve seen firsthand how powerful this process can be for individuals who feel stuck.
If you’re in Melbourne, Florida and feeling overwhelmed by debt, it may be time to speak with a Chapter 7 attorney who can help you take the first step toward lasting relief.
