What is Bankruptcy?

Bankruptcy Law is a federal law created by Congress, which offers certain  protections to consumers and businesses who are unable to effectively manage and pay their debts.

  • Bankruptcy protection can be used by consumers to repay debts if they are unable to pay their bills on time.
  • Bankruptcy protection can provide a way to pay current bills so that a consumer’s credit can be rebuilt.
  • Bankruptcy protection can provide an optimal plan to pay back creditors through liquidation, securing debt, or reorganization.
  • Bankruptcy protection can help eliminate debt and put creditor’s fees on hold.
  • Bankruptcy protection demands full disclosure.
  • Bankruptcy protection requires that you act in Good Faith.
  • Bankruptcy can help protect you from lawsuits, creditor harassment, and wage garnishment.

 

If you would like to speak with Attorney Christopher Hittel, contact him today at (941) 746-7777, or email him. He offers free pre-bankruptcy consultations and will answer your questions.