Should I File for Bankruptcy?

Making the decision of whether to file for bankruptcy can be difficult. This is a decision that will impact you right now and for many years into the future, and there are numerous advantages and disadvantages that you should consider. At Leavengood & Nash, our goal is to assist our clients in making the decisions that are right for their unique financial situations. We know that no two clients are the same, and that you have your own issues and concerns that should be taken into consideration.

That is why, when you work with a bankruptcy lawyer at our law offices, we will take care to help you make the most advantageous decision for your particular case. Our firm has offices in Tampa, Clearwater, St. Petersburg and Sarasota and helps debtors throughout Florida.

What to Consider Before Filing

Following are just a few of the issues we may address with you in regard to helping you determine whether to file for bankruptcy:

• Your short and long-term financial goals
• Whether you have a house or other valuable property you wish to keep
• The amount of debt you are facing
• Whether your debt is primarily unsecured (credit cards, personal loans, etc.) or secured (tax debt, child support, student loans, etc.)
• How your debt will be affected by filing for bankruptcy
• How a Chapter 7 or Chapter 13 bankruptcy will affect you
• Whether you will pass the means test to qualify for Chapter 7 bankruptcy
• How foreclosure, creditor harassment and all debt collection efforts against you will be affected by filing

Learn more about what our law firm can do to help you in a financial emergency. For experienced debt relief and to find out how filing for bankruptcy may affect you, contact a St. Petersburg bankruptcy attorney at our offices today.