Best Bankruptcy Lawyers in Deerfield Beach, FL

Generally, you assign a fair market value to all of your property. Please bear in mind that fair market value is generally not the price that you paid for an item since, as soon as you purchase something, it rapidly depreciates. Clothing almost always has no value and most household items have an extremely limited value. We will review your values with you. However, since we will not inspect your assets, you alone would be responsible for arriving at the values.

You may exempt and therefore keep one motor vehicle per individual filing for bankruptcy valued at up to $1000.00 per vehicle. Many people have leased their vehicles and leased vehicles would be exempt. In addition, if you owe more on your vehicle than what it would bring at sale or if you have no more than $1,000.00 of value in your vehicle over and above what is owed on the vehicle loan, then you could keep that vehicle. In addition, there are other ways for you to keep your vehicle and we can discuss these when we discuss your case.

No. These companies are routinely investigated by state and federal authorities for misleading and fraudulent acts and, in fact, they can do nothing more than what you can do for yourself. You are allowed to write to the credit bureau and advise it as to why you had to file bankruptcy as well as any other factors that would induce a loan company to give you credit. This letter would be sent to any company running a credit check on you and they could consider it. Unfortunately, there is little else that you can do. Again, even though the fact that you filed bankruptcy within the last ten years would be indicated on your credit bureau report, this alone should not prevent you from obtaining credit again within several years after you have filed bankruptcy.