Miami, Florida, Chapter 7 Bankruptcy Attorney

Chapter 7 bankruptcy is the simplest and most popular way to a financial fresh start and eliminating debt. Technically, the debtor's assets are to be taken and sold so that the proceeds can be distributed to the debtor's creditors. In practice, however, most debtors do not lose any of their property. This is because of many important exemptions that protect consumers.

At Kingcade & Garcia, our practice is focused solely on helping individuals and families find debt relief through filing Chapter 7 bankruptcy. We are committed to providing personalized service and attentive guidance in a culture of care. Our knowledgeable attorneys and supportive staff want to help you get a fresh start. Contact us today to arrange a free office consultation.

The most important exemptions for most Florida residents include the following:

• Houses and cars
• 401K retirement and pension funds
• Workers' compensation awards
• Prepaid college funds
• Supplemental Security Income (SSI) or disability income

In Florida, we have the most encompassing list of exempt property of any state in the country. While there are limitations to these exemptions, most consumers are able to keep all of their belongings while eliminating their debt. You should be aware, however, that bankruptcy does not discharge child support, student loans, drunk driving debts, and certain federal taxes.

At Kingcade & Garcia, we can help you understand how the new bankruptcy laws apply to your individual situation. Filing bankruptcy is a document-driven process. When you come to our office to discuss your options for Chapter 7 bankruptcy, we will ask you to bring a few things with you so we can fully evaluate your situation. You will need six months of pay stubs, six months of bank statements, your last three tax returns, and your bills. We will order your credit reports for you.

It is a hard step to take and a tough decision to make, but overwhelmingly, our clients feel relieved after they file bankruptcy. At Kingcade & Garcia, our practice is completely committed to helping individuals and families find debt relief through Chapter 7 bankruptcy. You can trust that we will be able to answer your questions and effectively advocate on your behalf. Direct your specific questions to a knowledgeable attorney who works exclusively in bankruptcy law.

There is no reason not to take advantage of our free office consultations for a complete explanation of how the current bankruptcy laws apply to your unique financial situation. Contact us today. We look forward to helping you get a fresh start.