Chapter 7 Bankruptcy
When in a situation of Chapter 7 Bankruptcy, a property is never taken from someone in debt with the right to keep the property belonging to another person until a debt owed by that person is discharged or free from an obligation or liability imposed on others; you can keep a certain amount of property. Some examples are: an inexpensive car, household furnishings, and etc. Being in debt is a difficult situation to go through alone, contact us and we will assist you through it in the most compassionate manner.
You are eligible for Chapter 7 Bankruptcy if:
- You are an individual.
- You are in partnership with someone.
- You are in corporations and other business.
If you are married you can file the claim with your spouse.
What do I have to do?
Keeping your property
- Analyze your debt.
- Determine your property exemptions.
- Redeem or reaffirm scored debts.
- Fill out and file a bankruptcy form.
- Contact us to schedule a free consultation.
- File motions.
- Gather your secured debts together.
- Get your discharge. We will do our best for you to win your case at court.
Depending on your state’s exemption laws you are allowed to keep some of it, but it depends on your case. In Florida, personal property up to $1,000 is considered exempt.
You don't have to give up your property completely; we can help you buy the property that was once yours from the bankruptcy trustee. We will also assist you to get better after your case.
Moises Kaba serves the needs of our clients in both North and South Miami. Contact us today at (305) 245 – 9990 to schedule a free consultation.