Will I Lose My Car & Home?
Our Palm Beach Bankruptcy Attorney can Help
One of the common concerns for those considering bankruptcy is whether they will lose the things they have worked so hard to acquire and achieve over time. The threat of repossession and foreclosure can be compounded by creditor harassment and other frustrations. The constant weight of debt can make it very difficult for you to see clear options and make strong decisions during this time. That is why we encourage you to reach out to our firm.
While there are varying factors that can affect your ability to keep your car and home, there are ways to keep your property! If you or someone you care about is drowning in debt and there is no relief in sight, filing for bankruptcy may be a workable solution for you. The best way to determine an effective course of action is to discuss your financial situation with our highly competent bankruptcy lawyer.
Contact the Law Offices of Carol D. Ellis, P.A. in Palm Beach to get started with a free case evaluation!
Determining What Will Happen to Your Property
Typically, individuals will not have to give up their property if:
- Your equity in that property is exempt
- You file Chapter 13 and pay the non-exempt value to creditors as part of the bankruptcy
- You make arrangements to catch up the loan and keep current on your payments
- Creditor fraud was involved, in which case you may be able to challenge the validity of the debt
At the Law Offices of Carol D. Ellis, we are dedicated to and passionate about assisting individuals and families that are overwhelmed by debt. We provide them with the answers they need in order to get out from under the burden of their financial problems. There are many options in our current economic climate that can be extremely beneficial and we can proficiently guide and represent you in through the bankruptcy process of filing Chapter 7 or Chapter 13. We can also assist with debt settlement, debt negotiation, debt consolidation as well as the other alternatives to bankruptcy.
Don't wait! Call (561) 513-5809 to reach our Palm Beach bankruptcy attorney today.