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Making ends meet can be tough, especially when debts continue growing. If you’ve reached the end of your rope when it comes to your debts, you may not know where to turn for solutions. At the DiTocco Law Group, PLLC, we know that for many people, Chapter 7 bankruptcy can prove beneficial. If you’re dealing with serious debt, it may be time to consult with a Miramar bankruptcy attorney. There are some signs that bankruptcy may be a helpful solution for the challenges you’re facing. If you do determine that bankruptcy is your best option, we’ll work with you during this process.
Chapter 7 Bankruptcy Can Make All The Difference
At DiTocco Law Group, PLLC, in Miramar, we know bankruptcy isn’t a one-size-fits-all solution, but it is increasingly popular for those looking to overcome their major debts. There are many reasons to consider Chapter 7 bankruptcy. One major factor is your debt to income ratio. If you owe far more in debt than you earn in wages, then bankruptcy may be a viable path out from this situation. Paying back your debts when you simply do not have the financial means to do so can be nearly impossible, which is why bankruptcy has grown in popularity.
Chapter 7 bankruptcy is known as liquidation bankruptcy, meaning that many debts may be entirely liquidated through this process. Each case is different, but in many instances, debts such as credit card debts, liens and certain court judgments may be reduced or eliminated.
It’s Time To See If Chapter 7 Bankruptcy Is Right For You
Wondering if it’s time to call a Miramar bankruptcy attorney? If you’re facing frustrations from your debts, it’s time to see how our team at DiTocco Law Group, PLLC, may be able to help. When you’re facing calls from creditors, constant letters or foreclosure, it’s time to see if Chapter 7 bankruptcy is right for you.
As with any financial and legal decision, Chapter 7 is a big decision to make. You need to be sure that you’re making the right choice, and this all starts with becoming informed of your best opportunities. At DiTocco Law Group, PLLC, in Miramar, we’re here to help. We can help you learn if Chapter 7 is right for you. Then, we’ll happily assist you throughout the Chapter 7 bankruptcy processes, working toward your debt-free future. To get started, please call 954-566-9000 to schedule your free consultation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.