Pompano Beach Bankruptcy Lawyer

Experienced Bankruptcy Services for South Florida

Bankruptcy law allows individuals and corporations to discharge debt to get a fresh start. Bankruptcy can be the most meaningful method towards revitalizing you or your businesses financial future. However, it is critical to understand what is appropriate for you and your business prior to filing for bankruptcy relief.

From our law office in Pompano Beach to Fort Lauderdale, the experienced FL bankruptcy professionals at Bilu Law are here to guide you through the bankruptcy process. Our Pompano Beach bankruptcy attorneys have the knowledge and skill to assist you with any bankruptcy case. Our bankruptcy attorneys can help you or your business get the fresh start that you deserve.

Call Bilu Law today at (954) 239-7386 or contact us online to schedule a consultation!

Our Bankruptcy Services Throughout South Florida

There are several chapters that govern bankruptcy in South Florida. Each individual and business are different. The needs and situations of each individual and business may dictate which chapter is appropriate to be filed.

For Individual Debtors

If you are an individual debtor in Pompano Beach through Fort Lauderdale, our bankruptcy attorneys can help you determine which chapter is right for you, with options such as:

  • Personal Chapter 7 Bankruptcy - This is a common type of bankruptcy, and is often the most straightforward way for qualifying debtors to discharge their debts
  • Personal Chapter 11 Bankruptcy - If you have high debts or assets, and do not qualify for other chapters, a Chapter 11 filing may provide the debt relief you need
  • Chapter 13 Bankruptcy - If you have a regular income and a certain range of debt, filing for Chapter 13 can allow you to reorganize your debts in a payment plan

For Business Debtors

If you are seeking bankruptcy protection for your business or corporation in Pompano Beach, our bankruptcy attorneys can offer the following options:

  • Chapter 7 Bankruptcy for Corporations - When a business files for Chapter 7, it ceases nearly all operations, turning them and any corporate assets over to the appointed trustee
  • Chapter 11 Bankruptcy for Corporations - This more complex form of business bankruptcy allows for more flexibility in negotiating with creditors, and may allow a business through the Fort Lauderdale area to continue operations
  • Subchapter V of Chapter 11 - This is a more streamlined form of Chapter 11 bankruptcy for certain debtors, like small businesses

What Are the Pros and Cons of Filing Bankruptcy in Florida?

Here is a summary of the pros and cons of filing bankruptcy:

Pros of filing bankruptcy in Florida:

  • Discharge most unsecured debts
  • Stop collection efforts with an automatic stay
  • Keep most assets with generous exemptions

Cons of filing bankruptcy in Florida:

  • Impact on credit score for 7-10 years
  • It can be expensive, especially if you hire a bankruptcy lawyer
  • You may have to sell some assets if you do not qualify for exemptions

Filing for bankruptcy can be difficult in Pompano Beach, but it can also be a way to get a fresh financial start.

Is Bankruptcy Right for You?

Deciding whether or not to file for bankruptcy is a difficult choice. At Bilu Law, our experienced bankruptcy lawyers are here to help you understand how to file bankruptcy and determine if filing is the right option based on your financial circumstances.

Bankruptcy may be a viable option if you are:

  • Struggling to pay your bills and debts
  • Being harassed by creditors
  • Facing foreclosure or repossession
  • Experiencing wage garnishment
  • Dealing with overwhelming medical expenses

Our Pompano Beach bankruptcy lawyers have extensive knowledge of the bankruptcy laws in South Florida and can provide you with the guidance you need to make an informed decision. We will evaluate your unique circumstances and explain the different types of bankruptcy available, such as Chapter 7 and Chapter 13.

During a consultation, we will discuss your options, answer any questions you may have, and provide you with personalized solutions to help you obtain financial freedom. Our dedicated team is committed to protecting your rights and providing you with experienced support every step of the way.

Don't let your financial troubles dictate your life. Let us help you find relief and a fresh start. Request a consultation with a seasoned bankruptcy lawyer in Pompano Beach at Bilu Law as soon as possible

Exploring Alternatives to Bankruptcy

While bankruptcy can provide relief for individuals and businesses struggling with overwhelming debt, it's important to consider all available options before making a decision.

Bankruptcy may not be the right solution for everyone, and that's why our professional bankruptcy lawyers in Pompano Beach, FL are here to help you explore alternative strategies to regain financial stability.

Some alternatives to bankruptcy include:

  • Debt negotiation and settlement
  • Debt consolidation
  • Credit counseling
  • Loan modification
  • Debt management plans

Our team will carefully evaluate your unique financial situation and guide you toward the most appropriate solution. We are committed to providing personalized and comprehensive bankruptcy services, ensuring that you have all the information you need to make an informed decision about your financial future.

Take the first step towards a debt-free future by scheduling a free consultation with our dedicated bankruptcy attorneys at Bilu Law. We are here to protect your rights and help you find the best path forward for your specific circumstances.

Get Bankruptcy Assistance From Bilu Law

Whether you're an individual or business seeking effective debt relief in Pompano Beach or Fort Lauderdale, our law firm can work with you. Our bankruptcy lawyers in Pompano Beach can look into your unique situation and provide the legal advice you need to move forward and find financial freedom.

Learn more about how Bilu Law can help with bankruptcy by reaching out to us online or calling (954) 239-7386. We offer free initial consultations for debtors throughout South Florida.

Commonly Asked Questions

Does filing for bankruptcy mean my business will close?

Not necessarily. Depending on the chapter of bankruptcy that is filed, a business may be able to continue operations while reorganizing their debts in a payment plan.

What should I do if I'm considering filing for bankruptcy protection?

If you are considering filing for bankruptcy protection it is important to speak with an experienced attorney who can review your unique situation and provide legal advice so that you can move forward and find financial freedom.

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Committed to Protecting Your Rights

  • Extensive Experience

    We've helped thousand of clients with their legal needs spanning across 67 counties in Florida.

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    We provide fast-acting and accessible legal advice. Our attorneys are there when you need them the most.

  • Hablamos Español

    Our team speaks Spanish to ensure that you understand the legalities of your case.

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    We are members of an international law firm network that allows us to assist clients nationally and worldwide.

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