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Bankruptcy

Get Bankruptcy Protection from Creditors

Call PERENICH The Law Firm at (727) 669-2828 for your Free Consultation.

The economy and real estate markets may be bouncing back, but if you have lost your job or your home, or if you have suffered a painful divorce, you may find yourself buried in deep financial debt and in need of one of our bankruptcy lawyers. Know your rights before you lose your home or an investment property, or before you make your next move. Our Tampa Bay bankruptcy attorneys are here to help explain your rights.
There are four bankruptcy chapters available to individuals: Chapter 7, 11, 12 & 13. No matter what chapter people file, they are required to file schedules listing all assets, liabilities, income and expenses. The must also file a statement of financial affairs listing significant transfers of assets in the years prior to the bankruptcy filing. This legal paperwork can be overwhelming, but our experienced bankruptcy attorneys are here to help.

While an individual can be eligible to file a petition in bankruptcy under Chapter 7, Chapter 11, Chapter 12 or Chapter 13, it is advised that you seek the counsel of a bankruptcy lawyer prior to filing any of the following chapters of bankruptcy:

Chapter 7

Chapter 7 is a liquidation bankruptcy. In simple terms, the debtor surrenders all of his or her non-exempt assets and certain debts are discharged. Generally, in Florida, a home is exempt. Additionally, a bankruptcy debtor can retain $1,000 of his or her personal property. If the debtor does not own a home, the personal property exemption is $5,000. Additionally, certain investment assets can be exempt such as annuities, life insurance and retirement accounts.

Chapter 13

Chapter 13 bankruptcy provides for a repayment period that can last up to five years. It does not necessarily require that the debtor repay all of his or her debt, but that he or she commits all of his or her disposable income. A Chapter 13 can provide an avenue for an individual to save his or her home from foreclosure, or to strip a second mortgage, depending upon the value of the property.

Chapter 11

Chapter 11 involves a reorganization of finances, and is primarily filed by businesses. These cases typically involve tremendous complexity and require extensive legal work.  An individual should not consider a Chapter 11 bankruptcy case except as a matter of last resort and only under the direction and representation of an experienced bankruptcy lawyer.  Only in the rarest of circumstances is a Chapter 11 appropriate for an individual.

Chapter 12

Chapter 12 bankruptcy is similar to a Chapter 13, except that only farmers or fishermen are eligible.

Let the experienced bankruptcy creditor protection attorneys at PERENICH The Law Firm help. As Tampa Bay bankruptcy attorneys with offices in Clearwater, Tampa, St. Petersburg, Tarpon Springs, and New Port Richey, we understand that the unexpected happens in life. Our personal bankruptcy attorneys have more than 20 years of experience and have represented thousands of consumers and businesses in bankruptcy cases.

It is critical to make time for one consult with an experienced bankruptcy lawyer, if you are considering bankruptcy. At PERENICH The Law Firm, our personal bankruptcy attorneys have over 20 years of experience and have represented thousands of consumers and businesses in bankruptcy cases.

Social Security Disability

If you cannot work in your usual occupation due to an injury or medical condition you may qualify for Social Security Disability benefits. Understand, the paperwork involved and the process itself is daunting. An incomplete document can result in a denied claim, requiring even more time if appealed. Our dedicated family of Social Security Disability attorneys, simplify the process and increase your odds for success the first time.

You may be eligible for Social Security Disability if:

• You suffer from a terminal condition or one that persists for more than one year
• Your medical condition is so severe you can no longer work, or you meet criteria regarding age, skills or work history
• You cannot return to work because your condition worsens or does not improve as expected

Contact PERENICH The Law Firm today to speak to one of our experienced Social Security Disability lawyers in the Tampa – Clearwater area, and discover how we can help you.