Tampa Bankruptcy Lawyer

Eliminate Debt Without Losing Hope

Trying to manage a bankruptcy filing on your own can be one of the most stressful events of your life. In fact, creditors want you to feel that stress, bend under the pressure, and make mistakes that allow them to claim as much of your finances and assets as possible. Do not give them this unfair chance to turn your life upside-down.

Come to The Dellutri Law Group, PA in Tampa and speak with one of our bankruptcy attorneys right away. We can help you explore your bankruptcy options, like Chapter 7 and Chapter 13 bankruptcies. It might even be better to consider an alternative debt resolution option instead of bankruptcy depending on your assets compared to your debt. Whatever the optimal solution might be, we want to help you find and utilize it.

Our goal is to protect your wellbeing from heavy debt and greedy creditors. Call (800) 391-4337 now.

Chapter 7 or Chapter 13 Bankruptcy?

A key question for most bankruptcy filings for individuals is whether to choose Chapter 7 or Chapter 13? Both types of bankruptcy filings come with their benefits and disadvantages. By allowing our Tampa bankruptcy attorneys to manage your case, you can get a clear explanation of both choices and trustworthy guidance when picking the right one for you.

A quick look at the key points of both types of bankruptcy:

• Chapter 7: For people with overwhelming debt they cannot imagine being able to pay off, Chapter 7 bankruptcy, sometimes called liquidation bankruptcy, might be the right choice. Chapter 7 can discharge large sums of debt at once, but it can also make your assets vulnerable to recollection if they do not qualify for Florida’s bankruptcy exemptions.
• Chapter 13: Also called the wage earner’s plan in some filings, Chapter 13 bankruptcy attempts to minimize your debt and make a new plan for you to steadily repay it across the next 3 or 5 years. Creditors are often more receptive to Chapter 13 filings because it allows them to receive at least a portion of the debt owed to them. Likewise, the filer gains the benefit of being able to protect more of their property from recollections. This type of bankruptcy is advised if your debt is heavy but could be manageable with some adjustments.

Will Your Credit Be Okay?

You are probably worried about what will happen to your credit score if you file for bankruptcy. We are here to tell you that things will be okay if your bankruptcy goes smoothly. Your credit score will most likely be lowered, yes, but, no, it might not go down by as much as you are probably expecting.

Most people in Tampa and beyond who file for bankruptcy are still able to get new lines of credit afterward. What is important is to pay close attention to your credit, use it carefully, and stay on top of future repayment plans. With deliberate steps, you can rebuild your credit score faster than you think.

Take Action Against Debt Today – Call (800) 391-4337

When financial stress is ruining each day for you, let our Tampa bankruptcy attorneys help lift it off your shoulders. We know that when you allow us to represent you in your bankruptcy case, you are really allowing us to fight for your future. Taking that mission to heart, our team handles every case as if we were standing up for a close friend because, in many ways, we are. This concept has been a guiding principle ever since we opened our doors in 1998.

How can we help you? Let us know by filling out an online contact form.