The Hobe Sound bankruptcy law firm of Leslie Burgk opened in Stuart, Florida in 2006. With over 95,000 bankruptcies filed in Florida in 2009 many of our fellow Floridians have found themselves in a financial hardship.
When a person files for bankruptcy protection, an automatic stay is issued. This means that creditors can no longer attempt to collect debts from you without court approval while the stay is in effect. All of your creditors are put on notice that a bankruptcy is pending, and they must cease all attempts to collect. It also means no phone calls, no wage garnishment, no bank account garnishment, and no lawsuits.
Filing for bankruptcy protection should not be taken lightly. Sometimes bankruptcy may be your only choice while other times it might just be one of the options available to you. There are two main types of bankruptcies that we file for our clients from the Stuart – Hobe Sound area. The two types are Chapter 7 and Chapter 13 bankruptcy. A Chapter 7 is often called liquidation, because the trustee may sell your non-exempt assets and pay amounts received to your creditors. Most of the Chapter 7 bankruptcies in the state are called “no asset bankruptcy”. This is because most of the assets that the person owns are exempt from the bankruptcy proceeding or are not worth pursuing. You may also have to opportunity to buy back an asset from the trustee if you really want to keep a non-exempt asset.
Leslie Burgk meets with her bankruptcy clients from Stuart and Hobe Sound at her 900 East Ocean Blvd office near downtown Stuart from Monday through Friday during normal business hours.
Please feel free to call the Hobe Sound – Stuart law firm of Leslie Burgk to schedule your free initial consultation, or fill out our bankruptcy evaluation form. We also have an office in West Palm Beach if that is more convenient for you. For the Palm Beach law firm call us at 561.932.0900 or for the Stuart law office call 772.403.2343.
Want to schedule a free consultation, or have a question about filing bankruptcy? Contact us!