Where is the best Bankruptcy Law Firm in Delray Beach?

Due to many different circumstances, debt is something that can happen to everyone. Student loans, medical bills and credit card debt can all pile up fast and it can seem like there is no way to get out of debt. When you have more debt than you can handle and simply can’t afford to pay your bills, bankruptcy may be an option. There are two types of bankruptcy that are the most common when it comes to individuals looking to file. Chapter 7 and chapter 13 are the two most common types of bankruptcy for individuals who are considering filing. If you’re struggling to pay your bills our attorneys at The Law Offices of John E. Mufson can help. Contact us today to discuss the options you have if you’re considering filing for bankruptcy.

Chapter 7 bankruptcy is for individuals who are simply unable to pay off their debt. When you file for chapter 7 bankruptcy you will receive a fresh start on your financial situation. The harassing collection calls will stop and you can begin to work on rebuilding your credit and regaining financial freedom. If you’re unable to make the minimum payments on your bills, talk to our attorneys to see if filing for chapter 7 bankruptcy could be an option for you.

Chapter 13 bankruptcy is the other most common type of bankruptcy for individuals looking to file. Unlike chapter 7, chapter 13 bankruptcy is for those who can afford to pay some of their debt, but not all. Some may choose to file for chapter 13 bankruptcy instead of chapter 7 because you don’t need to liquidate all of your assets. Chapter 13 bankruptcy is a three or five year plan which can allow you to pay back your debts and save your home from foreclosure.

When you file for bankruptcy it’s a way to put an end to collection calls and start to rebuild your credit. Our attorneys at The Law Offices of John E. Mufson will work with you to determine what the best course of action is for you. It’s important to know all of your options when you’re struggling with debt. Our attorneys can help explain all of your options to you and help you choose the right option for you to get out of debt. If you’re struggling with paying back your debt, contact our bankruptcy attorneys at The Law Offices of John E. Mufson.