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September 2017 Archives

Bankruptcy may be the best remedy to erase crippling debt

Florida and all other states offer access to the federal bankruptcy remedy as a way to eliminate debt in a rapid and permanent fashion. It is not always the best way to go, which is a subject best discussed with an experienced consumer bankruptcy attorney. There are some signposts, however, that can guide consumers to know whether they will benefit most from filing a bankruptcy to resolve their debt problems.

Bankruptcy filing is warranted in cases of overwhelming debt

Despite the potential drawbacks of filing a consumer bankruptcy, there are many instances where it is the best option that a struggling individual or married couple residing in Florida may choose. That is especially true where the burden of the debt is overwhelming and would take longer than just a few years to pay in full or even partially. Education and experience qualify consumer bankruptcy attorneys to forthrightly advise potential clients whether they are qualified to file and whether they have better options.

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