Daytona Beach Lawyers

Daytona Beach Chapter 7 Bankruptcy Lawyers

Daytona Beach Chapter 7 Bankruptcy Attorneys, providing experienced Chapter 7 Bankruptcy Law Lawyer legal services in Daytona Beach, Port Orange, New Smynra Beach, Deltona, Volusia County and Central Florida area.

Call Kagen & Gillespie, PA today to schedule a free initial consultation regarding your Chapter 7 Bankruptcy Law legal issues.

John Gillespie | 386.308.1035
Tracey Kagan | 386.337.5445

The purpose of a Chapter 7 Bankruptcy is to wipe out your debts, allowing you to get a "Fresh Financial Start".

In a Chapter 7 Bankruptcy a trustee will be appointed by the court to liquidate (sell) all assets that do not fall under the bankruptcy exemption guidelines. The net proceeds collected in the liquidation of the non-exempt assets are then distributed to your creditors.

Debts that cannot be included for discharge in a Chapter 7 Bankruptcy may include, but not limited to:

Typically an individual who files for a Chapter 7 Bankruptcy has a large credit card debt that may include multiple credit cards, various unsecured bills with may be associated with various assets that the payment status may or may not be delinquent.

In many Chapter 7 Bankruptcy situations you may be able to keep specific secured debts such as your car, furniture, or home, as long as you reaffirm your commitment to continue paying these debts. In order to keep these items in a successful Chapter 7 Bankruptcy you must voluntary sign a "reaffirmation agreement", which stipulates that you cannot file bankruptcy to discharge the debt of these items for 6 years.

The purpose of the "Reaffirmation Agreement" is to protect "reaffirmed" debtors, as well as ensuring an individual does not try to abuse the bankruptcy process.

The longer an individual waits to obtain legal representation may directly affect their ability to achieve a successful outcome. Therefore, if you are considering filing for a chapter 7 bankruptcy, it is important to seek the legal advice and representation of an experienced chapter 7 bankruptcy attorney or lawyer as soon as possible.

Call an Experienced Daytona Beach Chapter 7 Bankruptcy Lawyer at Kagan & Gillespie, PA for a confidential legal consultation.

John Gillespie | 386.308.1035
Tracey Kagan | 386.337.5445

Daytona Beach and Central Florida Lawyers

John Gillespie | 386.308.1035
Tracey Kagan | 386.377.5445

Attorneys, John Gillespie and Tracey Kagan serves the Chapter 7 Bankruptcy Lawyer legal needs of those in Central Florida including Daytona Beach, Port Orange, New Smynra Beach, Deltona, Volusia County and Central Florida area.

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