Tampa Chapter 7 Bankruptcy Attorney

Bankruptcy Lawyer Serving the Greater Tampa Area

 Chapter 7 bankruptcy is the most common type of bankruptcy case. Any person who resides in, does business in, or owns property in the United States is permitted to file a Chapter 7 bankruptcy except an individual who has intentionally dismissed a prior bankruptcy case within the last 180 days. To be permitted to maintain a Chapter 7 bankruptcy case, a person must qualify under a process called means testing.

If you live in Tampa area and are interested in filing a Chapter 7 bankruptcy, please contact my firm as soon as possible. As a Tampa Chapter 7 bankruptcy lawyer, I have helped innumerable individuals through the bankruptcy process. My firm serves clients in Tampa, St. Petersburg, Brandon/Riverview, Bloomingdale/Fishawk, Apollo Beach, Valrico, Carollwood, Wesley Chapel, Land O' Lakes, Plant City, Temple Terrace, Citrus Park, and surrounding communities of Hillsborough, Pinellas, and Pasco Counties.

Chapter 7 Bankruptcy

In a Chapter 7 bankruptcy, the debtor turns over his nonexempt property, if any exists, to a trustee who then converts the property to cash to pay the debtor's creditors. In return, the debtor receives a discharge of his debts. Not all debts are dischargeable. Certain debts, by law, will not be discharged. These include most tax debts, debts for obtaining money, property, or credit by means of fraud or false financial statements, debts for alimony, child support, and other divorce-related debts, debts for most student loans, debts for personal injury or death caused by the debtor while intoxicated, and debts for certain fines and penalties.

Means testing is the method of determining an individual's eligibility to maintain a Chapter 7 case. It determines whether your income is low enough for you to qualify for a Chapter 7.  The test was created to limit the filing of a Chapter 7 to only those individuals who really cannot pay their debts. By deducting specific monthly expenses from your monthly income, the means test arrives at a monthly figure called disposable income. If your disposable income is too high, you will not be able to file for a Chapter 7 bankruptcy.  The first step in taking the means test is to determine whether your income is more or less than the median income in Florida. To do this, please call my firm to set up a consultation for a Chapter 7 bankruptcy evaluation at your earliest convenience.

Do you need assistance with a Chapter 7 bankruptcy in the Tampa area? Contact the Tampa Chapter 7 Bankruptcy Attorney at the firm today!