' File for Bankruptcy to Become Debt Free - Law Offices of Robert M. Geller
CALL NOW!
FREE PHONE/VIRTUAL CONSULTATION

The Bankruptcy Process can be the Start of a New, Debt-Free Life

There are many misconceptions regarding bankruptcy. There are some residents in Florida who may be overwhelmed with debt and have reservations regarding the bankruptcy process. A commonly held belief is that those who are filing for bankruptcy are bad money managers or are making irresponsible amounts of debt. However, this is simply not true for many individuals that decide to start the bankruptcy process.

Many people filing for bankruptcy have lost their job, experienced the loss of a loved one, are dealing with chronic illness or have been involved in an accident. Another significant reason people file for bankruptcy is due to financial problems associated with a business. The recent recession created hardship and financial issues for individuals from all walks of life.

Filing for bankruptcy can serve many positive purposes. Some choose to seek help to stop foreclosure proceedings or otherwise confront financial obligations that have become unmanageable. The forgiveness of debts or liabilities can bring much needed relief to those in a financial crisis. A person can choose to file for Chapter 7 (liquidation) or Chapter 13 (debt reorganization). Each form of bankruptcy has its own purpose and merits, depending on the needs of the individual.

Filing for bankruptcy in Florida can be the beginning of a new, debt-free life. Many individuals have a strong willingness to pay their debt but have been overwhelmed by circumstances beyond their control. Bankruptcy can aid a person in beginning to take back control of their life. These issues do not have to be faced alone, and many people take comfort in learning that help is available to responsibly confront their financial problems and build a framework for a return to economic stability.

Source: Forbes, “How To Bounce Back From Bankruptcy & The Loss Of Your Home,” Cameron Keng, Aug. 5, 2013

Archive

Video Testimonials

Tampa Bankruptcy Law Blog

Will Bankruptcy Affect My 401k?

Bankruptcy can be a difficult decision. It’s one that has long-lasting effects on your financial future. One question that often...
Read More

Can Filing for Bankruptcy Affect Your Job?

Filing for bankruptcy can be a challenging decision that is fraught with many concerns. Among them is the fear that...
Read More

Can You Cancel a Bankruptcy?

Bankruptcy is an option that can save individuals and businesses from financial ruin. However, the process can be a long...
Read More

Does Bankruptcy Clear Child Support Arrears?

Bankruptcy is a legal process that provides relief to individuals who cannot pay their debts. One common question among individuals...
Read More

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

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