The Bankruptcy Process
The bankruptcy process is designed to offer protection to both consumers and creditors. It is beneficial for all parties to understand what they can expect before entering into the process. While there are specifics to each chapter of bankruptcy and many complexities that need to be analyzed and potentially prepared for, a basic outline of the bankruptcy process contains the following steps:
- Filing a petition and all supporting documents
- A means test may be employed.
- The automatic stay is put in place, putting a halt to collection activities
- Assignment of a trustee
- The bankruptcy trustee reviews your financial situation.
- The bankruptcy trustee reviews all creditor claims.
- Creation of a debt discharge or payment plan
As you consider filing for bankruptcy, it is imperative that you have experienced guidance helping you understand how the specific circumstances of your situation will be able to gain the greatest advantage from the bankruptcy process. Given the fact that you cannot file for bankruptcy protection again for a number of years, it is extremely important that you must be in the strongest financial position when you are discharged from bankruptcy.
Skilled Guidance Throughout The Bankruptcy Process
At FurrCohen, P.A., our firm is dedicated to educating our clients and helping them make the right choices that will help them secure a more robust financial future. We have over 30 years of experience helping people secure the debt relief they deserve. Our experience includes representing parties in all facets of the bankruptcy process, including consumers, creditors and trustees. We have a deep understanding of the bankruptcy process that has helped us become leaders in the bankruptcy community, locally and nationally. Attorney Robert C. Furr is, for example, a past president of the National Association of Bankruptcy Trustees. Additionally, a number of our attorneys are listed in Super Lawyers. We are proud of the representation we provide. Let us help you understand the benefits of bankruptcy.
Contact The Boca Raton Bankruptcy Process Attorneys Of FurrCohen, P.A.
If you want to learn more about the bankruptcy process, turn to the highly skilled and experienced attorneys of FurrCohen, P.A. Our firm is committed to helping people understand the bankruptcy process.
Please contact our Boca Raton, Fl office to speak with our bankruptcy lawyers, call 561-395-0500 or contact us online.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.