Sarasota Bankruptcy Resources

The Forrest Law Firm knows that when clients have the right information and resources, they can make better decisions. Below are recommended bankruptcy resources that have been compiled to educate and inform people who are considering filing for Chapter 7, Chapter 11 or Chapter 13 bankruptcy in Florida.

Chapter 7

Chapter 7 bankruptcy is a type of consumer bankruptcy that allows people to have their debts discharged. In order to file for Chapter 7 bankruptcy, people must meet certain requirements and complete credit counseling. To learn more about Chapter 7 bankruptcy and liquidation, visit the U.S. Bankruptcy Court's website.

Chapter 13

Chapter 13 is another type of consumer bankruptcy. Unlike Chapter 7, people that successfully file for Chapter 13 bankruptcy repay a portion of their debts over a period of 3-5 years. Chapter 13 filers create a feasible repayment plan that will allow them to reduce the balances they owe. In order to file for Chapter 13, people will have to complete credit counseling and meet eligibility requirements. To learn more about Chapter 13 bankruptcy, visit the U.S. Bankruptcy Court's website.

Chapter 11

Chapter 11 bankruptcy is usually filed by businesses and corporations. Chapter 11 is commonly referred to as "reorganization" bankruptcy. After filing for this type of bankruptcy, businesses will have an allotted time to reorganize their companies and to repay their creditors and lenders. To learn more about Chapter 11 bankruptcy, visit the U.S. Bankruptcy Court's website.

Sarasota Bankruptcy Lawyer

If you are thinking about filing for bankruptcy in the state of Florida, contact the Forrest Law Firm today! We are a debt relief agency. We help people file for bankruptcy relief under the U.S. Bankruptcy Code.

Florida bankruptcy attorney Christopher Forrest represents clients in Sarasota County, Manatee County, Pinellas County, Hillsborough County, Venice, North Port, Sarasota, Bradenton, Tampa and St. Petersburg, and surrounding areas.