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Many consumers considering bankruptcy don't realize they have two primary options, according to one Miami bankruptcy attorney with bankruptcy attorney Miami fl . Individuals may file for Chapter 7 or Chapter 13 bankruptcy and, while both options may provide relief, each has advantages and disadvantages and not everyone who qualifies for one will qualify for the other. According to the bankruptcy lawyer, Chapter 7 is referred to as straight bankruptcy liquidation, while Chapter 13 is a payment plan for individuals with regular income. With straight liquidation, bankruptcy filers are required to attend credit counseling with 180 days of filing, as well as pass a "means test" to determine eligibility. People with income higher than their state median will have trouble qualifying for Chapter 7, and may be forced to turn to a payment plan through Chapter 13 bankruptcy. For cases filed in Miami, Florida after May 1, 2013, household income will be compared to the Flor

If you reside in Florida and you want to hire a legal representative in regards to your bankruptcy case, consider hiring a Miami bankruptcy attorney . These are professionals whose practice focuses solely on financial issues clients face. Make sure that whoever you hire has the experience that is needed in handling financial conflicts. If you make the decision to obtain a legal representation you will want to work with the most suitable attorney. Bankruptcy attorney Miami are going to help you because they have more experience in the industry. Instead of working with a general practitioner you will have a much better chance of winning your case if you use a bankruptcy focused lawyer. There are a couple different ways to find the most fitting attorney. One of the most effective ways to do so is by obtaining a referral from other lawyers. If you have any friends or family who has already worked with a Miami bankruptcy attorney base your decision off of their individual experi

Filing Chapter 7 or 13 bankruptcy in Florida is certainly possible on your own, although many people feel overwhelmed trying to handle this very important legal process alone. A bankruptcy lawyer in Miami can help you understand how to file, the advantages of filing for bankruptcy, how you will pay and much more. Filing for bankruptcy with legal representation will offer you the following: • An end to harassing collections calls • Assistance protecting your assets, like your home and vehicle • Help understand how Chapter 7 and Chapter 13 bankruptcy work, and which is best for you • Advice about which type of bankruptcy you qualify for • Assistance protecting your ability to gain credit again in the future • Assistance with foreclosure or short sale matters. Why Your Case Must Be Handled Carefully? Remember, bankruptcy filing is taken very seriously by the courts in Florida, so a bankruptcy attorney in Miami will advise you that any documents you sign &quo