Best Bankruptcy Lawyers in Pensacola, FL

If you are not seeing your debts go down, bankruptcy can allow you to get out from under those debts and make a fresh start. If you have a spouse, child or another loved one relying on you for support, it is essential to have enough money to cover emergencies expenses and insurance without having the burden of debt. Bankruptcy lets you prioritize what's important. Also, if you are in danger of losing your home or car bankruptcy can help avoid repossession or foreclosure.

Yes; the filing of a bankruptcy will stop debt collection against you. Both auto repossession and a foreclosure lawsuit are attempts to collect debts from you and are thus stopped by the filing of a bankruptcy case.

Ironically bankruptcy will often improve your credit because it relieves all your debts in bankruptcy. Clients often receive credit cards within months of filing bankruptcy, and are usually able to get a home mortgage within a year or so.

Most Chapter 13 attorney fees are in the plan of repayment. We are paid from the monies which you pay to the trustee. The trustee pays us along with all of the other creditors. In Chapter 7 cases, a payment arrangement is available for the payment of our legal fees and the court costs.

Yes. As soon as you file a bankruptcy protection called the "automatic stay" goes into effect barring creditors from pursuing any additional collection efforts on your debts. This gives you a chance to breathe and begin restructuring and/or elimination of eligible debts.