' Chapter 7 Bankruptcy in Florida - Law Offices of Robert M. Geller
CALL NOW!
FREE PHONE/VIRTUAL CONSULTATION

Chapter 7 Bankruptcy a Saving Grace for Some Florida Residents

Many Florida residents understand the difficulty in managing debt. Those with extreme debt due to medical bills, school, loss of employment or a failed business often feel as though they are drowning in their debt and have no way out. This is not the case, however, as filing for Chapter 7 bankruptcy can allow the debtor to experience much needed relief from debt.

One woman found herself in over her head when her fiancé was unable to continue working after an accident and medical and physical therapy bills mounted. As a full-time student who also had a full-time job, she was unable to keep up with bills and used credit cards to maintain day-to-day living expenses. When that relationship ended and several years later she found herself married to someone else, she felt the debt continued to weigh on her heavily. Chapter 7 bankruptcy became her saving grace.

Anyone who has experienced collection calls, wage garnishments or threatening letters knows the helplessness that is felt when one is unable to pay their debt. Most people want to pay what they owe and feel a great deal of guilt when they are unable to live up to their financial obligations. While those facing overwhelming debt many times feel embarrassment and guilt due to their inability to pay, it is not necessarily because they have made bad financial decisions or been inept at money management.

Many people living with extreme debt find that bankruptcy becomes an option in situations in which their home will be taken, their car repossessed or when they are facing some other loss which would further devastate their lives. Chapter 7 bankruptcy can be a new beginning for those in increasingly difficult financial distress. Taking action and taking back control of one’s finances through filing Chapter 7 bankruptcy in Florida could be the new beginning that an individual has been searching for in order to improve their quality of life.

Source: The Dickinson Press, “Bankruptcy: A clean slate, but at what cost?” Sherri Richards, July 25, 2013

Archive

Video Testimonials

Tampa Bankruptcy Law Blog

Is Alimony Dischargeable in Bankruptcy?

One of the biggest concerns that people have when considering bankruptcy is the effect on their financial obligations, including spousal...
Read More

Should You File Bankruptcy Before or After Divorce?

Marriage and finances can be a tricky combination. Timing is also an issue when it comes to filing for bankruptcy....
Read More

What’s Better Bankruptcy or Debt Settlement?

The idea of being trapped in debt can be overwhelming and all-consuming. Financial struggles can happen to anyone through no...
Read More

Can I Keep One Credit Card During Bankruptcy?

The decision to file for bankruptcy is never easy. People considering this option often struggle with financial stress, debts, and...
Read More

How Does Inflation Affect Credit Card Debt?

Credit card debt can be overwhelming. This is especially true during times of inflation. What is Inflation? Inflation is a...
Read More

Can Personal Bankruptcy Affect My Business?

If you’re a business owner considering filing for bankruptcy, it’s important to understand how this decision impacts your business. From...
Read More

Can You File Bankruptcy with Money in the Bank?

Bankruptcy is a serious decision and has major consequences on your credit as well as your overall financial situation. If...
Read More

Will Declaring Bankruptcy Affect My Spouse?

Are you considering declaring bankruptcy? Are you married? If so, you may be wondering how it will affect your spouse....
Read More

Will Filing Bankruptcy Stop Foreclosure?

Many people facing foreclosure wonder if filing for bankruptcy will help them avoid the loss of their homes. While filing...
Read More

What Causes Someone to File Bankruptcy?

People file for bankruptcy for a variety of reasons. It’s an important decision to make and one that should not...
Read More

Bankruptcy

For The Next 5 Days GET A FREE BOOK About Bankruptcy

Learn More

Infographics

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

813.254.5696

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