Several Benefits to Filing Bankruptcy in Florida
Floridians who have been bearing the often unbearable pressures of being in debt are finding that there are several important benefits to filing Florida bankruptcy, including:
No more creditor harassment. Once bankruptcy has been filed, creditors are prohibited from any type of communication with you – phone calls, letters, emails – demanding payment. Even if it turns out that some of your debts are not dischargeable in bankruptcy, those creditors are still barred from contacting you under the law. If they do, you should notify your bankruptcy attorney immediately to get it stopped. Creditors may not pursue you following the discharge of your bankruptcy.
Stop foreclosure. Filing bankruptcy can be one of the best things a homeowner can do to save their home. If you are in the foreclosure process, a bankruptcy filing temporarily stops your lender from proceeding. Filing bankruptcy may even help you save your home, since most of your consumer debt will be discharged and you may then have the income necessary to catch up on your mortgage payments.
Eliminate debt. A bankruptcy filing eliminates unsecured debt, which includes credit card debt, medical bills and any personal loans not secured by property or other assets. Once this debt is eliminated, you will have more income to put toward your mortgage or car payments.
Greg Gilbert
Keith Maynard
