Understanding Chapter 7 Bankruptcy in Miami-Dade County

December 13, 2023

Understanding Chapter 7 Bankruptcy in Miami-Dade County

Financial struggles come with a lot of stress, anxiety, and uncertainty. You may wonder how you’ll pay off your debts or what the future holds for you and your family. The good news is that if you’re a Miami-Dade County resident, you can get help from Frank & De La Guardia Bankruptcy Lawyers. We’re here to guide you through the complex process of filing for Chapter 7 bankruptcy and help you keep your home and car while getting a fresh start on your finances.

Who qualifies for Chapter 7 bankruptcy?

 Chapter 7 bankruptcy is designed for individuals with limited income or assets. If your income is below a certain threshold and you’re struggling to pay off your debts, you may be eligible for Chapter 7. At Frank & De La Guardia Bankruptcy Lawyers, we’ll help you determine if you meet the requirements and guide you through the process.

What assets are exempt when I file for Chapter 7 bankruptcy?


Florida law allows you to keep certain assets, such as your homestead property, personal property, retirement accounts, and a vehicle, up to a certain limit. Our team will examine your assets and help you take advantage of these exemptions so that you can keep your home and car while discharging your debts.

Can I keep my home and car in Chapter 7 bankruptcy? 


Yes, you can! Miami-Dade County residents who are filing for Chapter 7 bankruptcy can use the homestead exemption to protect their primary residence. Our experienced attorneys will help you understand how the homestead exemption works and how it can save your home from foreclosure. Similarly, you may be able to keep your car by using the motor vehicle exemption.
At Frank & De La Guardia Bankruptcy Lawyers Miami, we can assist the Miami-Dade County public with bankruptcy matters. Bankruptcy can be a complicated and overwhelming process, but our dedicated team is here to simplify it for you. We’ll work with you to file the necessary paperwork, communicate with creditors, and ensure that your rights are protected every step of the way.

Chapter 7 bankruptcy can offer a fresh start for Miami-Dade County residents struggling with debt. At Frank & De La Guardia Bankruptcy Lawyers, we’re committed to helping our clients keep their homes and cars and start anew financially. Whether you’re facing mounting medical bills, loss of income, or other financial hardships, we’re here to guide you through the bankruptcy process and ensure that your rights are protected. Contact us today to schedule a consultation and take the first step towards financial freedom.

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