When Do I File for Bankruptcy?
Filing Bankruptcy? Orlando Attorney
Experienced Central Florida Debt Relief Lawyer
Everyone has a different story. Whether you are drowning in debt from a job loss, medical bills or possibly a divorce, credit cards may have become a substantial financial burden. Ignoring the problem and allowing interest to accrue could actually cause you to become even more buried in debt.
From the law office of James H. Monroe, P.A. in Orlando, Florida, bankruptcy attorneys James H. Monroe and Cynthia E. Lewis are committed to helping individuals, families and business owners obtain debt relief through Chapter 7 or Chapter 13 bankruptcy. Mr. Monroe offers more than 30 years of experience providing bankruptcy solutions throughout Central Florida. Cynthia E. Lewis is an experienced bankruptcy attorney and a certified public accountant. Contact our law firm today to schedule a free initial consultation to discover if filing for bankruptcy is the right step for you.
When to Consider Filing Bankruptcy in Central Florida
Throughout Central Florida, people devote substantial time trying to avoid filing for consumer bankruptcy or business bankruptcy. Many people then begin liquidating assets, withdrawing money from retirement account or relying on credit cards to cover monthly expenses for gas, office supplies, utilities and other basic needs.
If you have fallen into this trap, you are likely staying afloat while only making minimum credit card payments or skipping payments on other debts. This routine will help creditors make thousands of dollars in interest as you make little dent in your credit card debts.
Bankruptcy is designed to help honest, hardworking individuals, who have had a substantial financial disruption in their lives, overcome quick-fix solutions with real debt relief. Everyone's situation is unique, but certain factors may indicate filing bankruptcy might be the right step to take, such as:
- Relying on credit cards to make ends meet
- Making minimum credit card payments
- Failing to cover medical bills, mortgage and other payments
- Taking out a 401(k) loan and other retirement funds for daily expenses
- Shuffling money between accounts or applying for new credit cards
Be proactive and consult bankruptcy attorney James H. Monroe or Cynthia E. Lewis to get control over your financial situation. Mr. Monroe has a certification in both business and consumer bankruptcy law by the American Board of Certification. Cynthia E. Lewis is an experienced bankruptcy attorney and a certified public accountant. They are prepared to determine if filing bankruptcy is the right option and will walk you through the bankruptcy process. They can also discuss the life cycle of a Chapter 7, life cycle of a Chapter 13 or life cycle of a Chapter 11 so you know what to expect.
Considering Filing for Bankruptcy? Contact an Orlando Lawyer Today.
If you are struggling with mounting debt and mortgage payments, filing for bankruptcy may be your best option to avoid a foreclosure and ultimately save your pension plan and credit. Call 407-872-7447 or contact us online
The hiring of a lawyer is an important decision that should not be based solely upon advertisements. Before you decide, ask us to send you free written information about our qualifications and experience.