Bankruptcy
Bankruptcy Overview ♦ Chapter 7 ♦ Chapter 13 ♦ Chapter 11 ♦ FAQs ♦ Support and Prevention ♦ Foreclosure
Filing for bankruptcy can protect you if you are financially strained, but it can also lead to many legal repercussions. To fully understand what type of bankruptcy is appropriate for your situation and what it means for your finances, talk to an attorney at the Coye Law Firm. Many disputes over property and debt need immediate intervention to prevent further damage to a consumer's credit and financial state. Our offices in Clermont, Orlando, Kissimmee, or Melbourne can take on these cases and explain your options in bankruptcy.
Forms of Bankruptcy
There are three types of bankruptcy commonly filed. These are:
- Chapter 7, in which an individual's assets are liquidated
- Chapter 13, in which an individual can personally organize repayment
- Chapter 11, in which businesses can organize their repayment
Each category is designed to help consumers or businesses that find themselves in certain financial situations. After you read a general overview of each type, call the Coye Law Firm to speak with an experienced bankruptcy attorney who can answer your questions and begin the process of filing for bankruptcy.
The U.S. Bankruptcy Court for the Middle District of Florida has set up a site for Frequently Asked Questions for all types of bankruptcy. Their homepage also has valuable resources for anyone considering or dealing with foreclosure.
Important Forms are available here.
The Federal Trade Commission's website has resources for consumers who are considering filing for bankruptcy. Learn more about Credit Counseling and Debtor Education.
The Coye Law Firm is experienced in bankruptcy proceedings and tax matters. If you find yourself in financial trouble, it is important to know your responsibilities and how your rights as a consumer are protected. Call today to start the process of resolving disputes with creditors.
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