Kingcade Garcia McMaken
Set Up a FREE In-Office Consultation
305-285-9100
Open Every Saturday Morning 8 AM to 11 AM.

Posts tagged "Chapter 7 Bankruptcy"

You can protect your assets against judgments and creditors

You fell into debt when you lost your job, and things have been tough around your home. You and your spouse have had some hard times in the past and know you'll get through them, but with creditors knocking at your door, you're not sure how to react. You just want to resolve these issues and go back to living life normally.

Chapter 7 bankruptcy could help you eliminate debt

There are several kinds of bankruptcy that you may be looking into, but if you qualify, Chapter 7 bankruptcy is one of the best. Chapter 7 bankruptcy is the simplest kind of bankruptcy because it helps you eliminate all of your unsecured debt without having to make payments.

Is Chapter 7 bankruptcy a good choice for you?

Florida residents like you may feel pressed into a corner when considering filing for bankruptcy. However, we at Kingcade Garcia McMaken will show you that filing for bankruptcy doesn't have to be the difficult, world-ending thing that some people make it out to be.

Medical expenses can lead to bankruptcy

Many people in the United States suffer from overwhelming medical expenses, stemming from an unexpected injury, medical diagnosis or other ailment. According to a CNBC report, medical debt is the number one cause of bankruptcy in the United States. Approximately 2 million people every year suffer from the effects of medical expenses, and another 643,000 people file for bankruptcy as a result of medical debt.

What is a meeting of creditors?

When you file for Chapter 7 bankruptcy, there are several items that must be addressed before your case is completed and your debt is dismissed. Once you are deemed eligible to file for Chapter 7, you must take the mandatory credit counseling course and file your bankruptcy documents with the court. The trustee appointed over your case will then schedule a meeting of creditors, also referred to as a 341 hearing, sometime between 21 and 40 days after the bankruptcy petition is filed. It is important that you understand what goes on during the meeting so that you can be prepared to answer any questions that may come your way.

What is exempt from liquidation in a bankruptcy?

You may have been told that you can lose some property if you file for a Chapter 7 bankruptcy. This information may have dissuaded you from seeking relief. However, it is important for you and other Florida residents to understand exempt and non-exempt bankruptcy assets, so you can make an informed decision.

Set Up A Free, In-Office Consultation

Open Every Saturday Morning 8 AM to 11 AM.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

EMAIL US FOR A RESPONSE

Firm Location

Kingcade Garcia McMaken
1370 CORAL WAY
Miami, FL 33145

Miami Law Office

Firm Number Phone: 305-285-9100
Review Us