Chapter 7 Bankruptcy Tips

Are you or a loved one unable to pay your debts and need legal help? Read these chapter 7 bankruptcy tips, then call our Tampa Bay lawyers now.

1. How to File Chapter 7 Bankruptcy

Chapter 7 Bankruptcy TipsOnce in a while I’ll get the question from a client, “How do I file a Chapter 7 bankruptcy?” The question almost suggests that it’s up to the client to file the case. One of the worst things that a person can do is to file their own Chapter 7 bankruptcy case. The laws are very complicated, and a person can make a bad situation considerably worse by representing themselves.

It’s critically important to retain an experienced bankruptcy attorney who can help navigate the intricacies of bankruptcy law. I’ve been representing bankruptcy debtors for about 30 years here in the state of Florida and in the Tampa Bay area in particular. Give us a call for a free consultation.

2. Chapter 7 Bankruptcy Timeline

Occasionally, a client will ask how long his or her bankruptcy case will take. The answer is it’s about a hundred days from the day we file, until the day the court enters a discharge. A discharge is a document signed by a federal bankruptcy judge that says that the debts are wiped out and no longer enforceable. It’s about a hundred days in a Chapter 7, from the day we file until the court enters a discharge.

I’ve been representing Chapter 7 bankruptcy debtors for about 30 years, throughout the state of Florida. I provide a free consultation, and I’m happy to sit down and meet with you to carefully review your finances to see whether Chapter 7 is right for you.

3. Assets Protected in Chapter 7 Bankruptcy

I get the question once in a while, “What assets are protected in bankruptcy, in particular Chapter 7?” The answer is that certain assets are exempt. Every state has different laws about which assets are exempt and which are not. Typically, here in Florida, a person’s home is 100% exempt. They’re also entitled to a certain amount of equity in a motor vehicle or a value of personal items that they may own.

The best solution is to sit down for a free consultation so we can go over your finances carefully to determine which assets that you own would be fully protected or at least partially protected in a bankruptcy. It involves a very careful detailed analysis that we provide at every free consultation. We’ve been representing Chapter 7 clients throughout the state of Florida, and I am happy to help.


Are you or a loved one unable to pay your debts and have questions about these Chapter 7 bankruptcy tips? Contact our experienced Tampa Bay Bankruptcy Lawyers at Perenich Law Injury Attorneys today for a free consultation and case evaluation.

Our Florida law firm helps those struggling with debt see the light at the end of a dark tunnel. Let us navigate it for you.

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