' 8 Things Clients MUST Tell Their Bankruptcy Attorneys in Tampa, Florida - Law Offices of Robert M. Geller, P.A.

8 Things Clients MUST Tell Their Bankruptcy Attorneys in Tampa, Florida

bankruptcy attorneys tampa floridaIf you are considering filing for bankruptcy, you must find a reputable bankruptcy attorney to help you through the process. Experienced bankruptcy attorneys in Tampa, Florida will be able to guide you through the different options available to you and help you make the best decision for your unique situation.

During your initial consultation with a potential bankruptcy attorney, you should disclose all relevant information about your financial situation.

Here are 8 things you must tell your bankruptcy attorney:

1. All of Your Sources of Income

This includes your job, any investments, child support or alimony, and any other source of income. Your attorney will need to know this information to determine whether or not you qualify for certain types of bankruptcy.

2. All of Your Debts

This includes:

  • Credit card debts
  • Medical bills
  • Personal loans
  • Student loans
  • Any other type of debt

Be sure to include the name of each creditor, the amount owed, and the monthly payment required.

3. The Value of All of Your Assets

This includes your home equity, savings accounts, vehicles, jewelry, and any other type of asset. Your attorney will need to know this information to determine which type of bankruptcy is right for you.

4. The Nature and Extent of Your Financial Problem

This includes job loss, divorce, medical issues, and any other financial problems that have contributed to your current situation.

5. Whether This is Your First Bankruptcy

While it is possible to file for bankruptcy more than once, it is not always a good idea. There are situations in which you won’t be able to file again within a certain time. Your lawyer can explain your limitations.

6. If You’re Facing Foreclosure

Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments.

In most cases, foreclosures are initiated after a borrower has missed several payments and has failed to respond to repeated demands for payment. If the borrower fails to take action to cure the default, the lender will typically file a lawsuit against the borrower. If the lender wins the lawsuit, they will be granted a foreclosure judgment, which allows them to sell the property to recover the outstanding balance of the loan. In some cases, borrowers may be able to avoid foreclosure by filing for bankruptcy.

Bankruptcy attorneys in Tampa, Florida understand the stress of facing foreclosure. They’ll help you determine the best way to deal with your situation.

7. If There are Any Pending Lawsuits from Creditors

A creditor may sue you if you default on your debt payments. Defaulting on a debt means that you have failed to make the required payments for several months, usually 90 days. If you’re sued by a creditor, it’s important to understand your rights and options.

You may be able to negotiate with the creditor to come up with a repayment plan. Or, if you believe the creditor has no grounds to sue you, you can file a motion to dismiss the case. If you’re sued and lose the case, the creditor may be able to garnish your wages or levy your bank account.

8. Your Goals

This includes getting out of debt, saving your home from foreclosure, or simply getting a fresh start financially.

Filing for bankruptcy is a big decision. You should not take it lightly. If you are considering filing for bankruptcy, it is important that you find experienced bankruptcy attorneys in Tampa, Florida who can help guide you through the process and make sure that all relevant information is disclosed upfront so that they can best assist you.

For more information or to schedule a consultation to discuss your situation with an experienced debt settlement lawyer, contact the Law Offices of Robert M. Geller at 813-254-5696.


Video Testimonials

Tampa Bankruptcy Law Blog

Can I Lose My House If I File for Bankruptcy

The potential loss of your house when filing for bankruptcy depends on various factors. These include the type of bankruptcy...
Read More

What Can You Write Off in Bankruptcy?

Many people filing for bankruptcy aren’t sure what debts can be discharged, or "written off," through bankruptcy. It’s important to...
Read More

How Often are Bankruptcies Denied?

Bankruptcy offers a lifeline for people drowning in debt. It provides a chance to start anew and regain financial stability....
Read More

How Much Debt Should I Have Before Considering Bankruptcy?

Dealing with overwhelming debt and financial hardship is difficult. The prospect of bankruptcy may offer a path toward relief, as...
Read More

How Long Does Chapter 7 Bankruptcy Take to Discharge?

Chapter 7 bankruptcy offers a fresh start and a path toward financial stability for people struggling with debt. But when...
Read More

Does Business Bankruptcy Affect Personal Credit?

Does Business Bankruptcy Affect Personal Credit? For entrepreneurs and business owners facing financial challenges, the prospect of business bankruptcy can...
Read More

Can I Get an Apartment After Filing for Bankruptcy?

Filing for bankruptcy often feels challenging and overwhelming. It also raises a variety of concerns. One of the most common...
Read More

Are SBA Loans Dischargeable in Bankruptcy?

Navigating the complexities of Small Business Administration (SBA) loans and bankruptcy can be a daunting task for many business owners....
Read More

How to Get Bankruptcy Off of Your Credit Report

Rebuilding financial health after bankruptcy is challenging, but that doesn’t mean filing is worth the effort. One common concern for...
Read More

What Happens When You File for Bankruptcy?

Contemplating bankruptcy is a significant decision that comes with many questions. If you're considering filing for bankruptcy, it's essential to...
Read More


For The Next 5 Days GET A FREE BOOK About Bankruptcy

Learn More


We are A Debt Relief Agency.
We help people file for bankruptcy under the Bankruptcy Code

Pay Online Bankruptcy Courses Newsletter Subscription

Call For A Free Initial Consultation


Tampa Office

Law Offices of Robert M. Geller, P.A.
807 West Azeele Street
Tampa, FL 33606
T: (813) 254-5696
T: (800) 853-7549
F: (813) 253-3405

Map And Directions

St. Petersburg Office

Law Offices of Robert M. Geller, P.A.
125 5th Street South
(Wells Fargo Financial Center)
2nd Floor, Suite G
St. Petersburg, FL 33701
T: (727) 532-3939

Map And Directions

Pasco Office

23526 State Road 54
Lutz, FL 33559
T: (813) 336-2320

Map And Directions