Let Us Help You Understand Your Options For Debt Relief
Many people from all walks of life struggle with debt management. Doctors, office workers, secretaries, construction workers, small-business owners and countless others — for various reasons — have found themselves overwhelmed by debt.
At Kingcade Garcia McMaken, we handle more than 1,000 bankruptcies every year for clients in Miami, Florida, from all walks of life in many different financial predicaments.
Typically, there are two main types of bankruptcies available. Which option is right for you will depend on your circumstances and goals.
Chapter 7 Bankruptcy: This Option Might Be Right For You
We primarily help clients file for Chapter 7 bankruptcy. With this type of bankruptcy, individuals — even small-business owners — can seek to discharge credit card debt, medical bills and other types of loans. The process takes as little as 90 days to complete. Once the discharge is approved, individuals walk away free and clear of much of he mounting debt they’ve likely been carrying for years.
Chapter 13 Bankruptcy: An Alternate Option
In some cases, Chapter 13 bankruptcy may be a better option, particularly for homeowners. Under Chapter 13, a person’s debt load is restructured. A monthly payment plan is setup whereby the individual makes monthly payments, as determined by a bankruptcy trustee, over a three to five year period.
There are important differences between Chapter 13 and Chapter 7, with benefits and drawbacks to each. At Kingcade Garcia McMaken, we can offer guidance on the best bankruptcy option for your situation.
Learn More About Common Questions About Debt And Filing For Bankruptcy
You likely have many questions as they relate to your debt, your property and your situation. Visit the links below to learn more about:
- Secured and unsecured debt and how each are treated in a bankruptcy
- Bankruptcy during or after divorce
- Pros and cons to debt settlement, debt consolidation and filing for bankruptcy
- Bankruptcy for single moms collecting alimony or spousal support
- Unexpected benefits to life after bankruptcy
Take Back Control Of Your Financial — And Emotional — Well-Being
If you are facing daily creditor harassment, wage garnishments or foreclosure proceedings, reach out to an experienced Miami bankruptcy attorney for relief.
We can help you restore your financial future and work to better your life. Our lawyers have helped thousands of individuals in your same situation. Let us help you.
Free consultations. Hablamos español.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.