If you are requiring a bankruptcy attorney in Inverness, Florida or Citrus County, then Mr. Jay Weller and Weller Legal Group may be your best option. We are able to assist you with Chapter 7 bankruptcy, Chapter 13 bankruptcy, and debt settlements. Experienced bankruptcy attorneys in Citrus County are hard to find, Mr. Jay Weller is one of the most experienced bankruptcy lawyers in Inverness, Florida that almost exclusively practices bankruptcy law.
The two most popular forms of bankruptcy protection in the United States are Chapter 7 bankruptcy and Chapter 13 bankruptcy. In a Chapter 7, also known as a “straight bankruptcy”, the debtor is seeking to discharge all of his or her unsecured debts, which can include credit cards, signature loans, and medical bills. It is also possible to discharge monies owed that exceeds their insurance coverages and reinstate their automobile license. Unfortunately, student loans are usually not discharged in a bankruptcy. However, if a debtor can establish that the student loans present them with an “undue hardship”, it may be possible to receive a discharge or elimination of student loans through the bankruptcy.
In certain cases, taxes and monies owed to governmental taxing entities, may possibly be discharged in bankruptcy. One of our bankruptcy attorneys can help explain to you how the laws pertaining to bankruptcy in the United States operate.
Chapter 13 bankruptcy is also known as a debt consolidation or debt reorganization. In a Chapter 13 the debtor seeks to consolidate his or her debts, over a maximum of sixty (60) months. Chapter 13 bankruptcy is often used to stop foreclosures on homes, repossession of automobiles, and garnishments by the internal revenue service. In many cases, the debtor may be able to lower his or her monthly automobile payments and other secured and unsecured debts.
Debt settlements is another option for you depending on your current finances. With a debt settlement, Weller Legal Group can negotiate on your behalf with your creditors to come up with a one-time payment to eliminate your debt to that creditor. In many cases, it is possible for us to negotiate debt settlements with your creditors for much less than what you owe to your creditors. If you don’t want to file bankruptcy, debt settlements may be a good option if you have enough finances to make a one-time payment to settle your debt with creditors. There are no guarantees that the creditor will accept a debt settlement, but in certain cases it is possible to settle your debts for a reasonable one-time payment. Something to keep in mind, if you are able to settle your debt, your credit score may increase in the future due to your debt to income ratio improving.
Among bankruptcy attorneys in Inverness, Florida, Weller Legal Group is considered one of the premier bankruptcy lawyers in Citrus County. If you live in Inverness, Florida or Citrus Country, and need assistance or counsel in handling your creditors, Weller Legal Group is ready to help. We can help you with your Chapter 7, Chapter 13, or debt settlement cases. Contact us today to speak with a bankruptcy attorney in Inverness, Florida at 1-800-407-3328 (DEBT). You can also contact us through our website at www.jayweller.com.
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