Are creditors calling? Have lawsuits been filed against you? Are your wages and bank accounts being garnished? Is your home in foreclosure? If you have answered yes to any of these questions, bankruptcy may be an option for you. The Royal Palm Beach – North Palm Beach law firm of Leslie Burgk is here to help you navigate through these tough economic times.

In 2009 there were over 95,000 personal bankruptcies filed in Florida alone. Filing for bankruptcy is nothing to be ashamed of. More times than not, the person seeking bankruptcy protection did nothing wrong. Bankruptcy is often the result of medical bills, foreclosure, or other unforeseen events that have weighed a debtor’s finances to a point of no return. Leslie Burgk is here to help the community of North Palm Beach and Royal Palm Beach evaluate their options, look at the pros and cons, and map out a plan to be financially free again.

Of the 95,000 bankruptcies that were filed in 2009, the majority were Chapter 7 bankruptcies. Bankruptcy is federal law and bankruptcy matters are heard in a federal bankruptcy court. In Florida, we have three districts. Our North Palm Beach and Royal Palm Beach clients’ matters are heard before the Southern District of Florida bankruptcy court which is located in downtown West Palm Beach, Florida.

If bankruptcy is right for you, we will look at the two main options available, Chapter 7 bankruptcy or Chapter 13 bankruptcy. In a nutshell, a Chapter 7 is considered a liquidation bankruptcy. The trustee may sell your non-exempt assets and pay your unsecured creditors with the proceeds. However, the majority of Chapter 7 cases result in no distribution to creditors. A Chapter 13 bankruptcy is referred to as a reorganization bankruptcy. Your Royal Palm Beach and North Palm Beach bankruptcy attorney will help you make a repayment plan to pay a portion of your debt or your debts in full depending on your financial situation to your creditors over the course of 3-5 years. Please view our bankruptcy blog to learn more.

The Royal Palm Beach – North Palm Beach bankruptcy law firm of Leslie Burgk understands that clients have jobs and obligations. For that we make ourselves available to you by appointment after hours as needed. Please call our Palm Beach office at 561.932.0900 or fill out our client evaluation form.