Creditors calling at all hours. Wage garnishments eating into every paycheck. The constant anxiety of wondering if you'll lose your home or your car. Maybe you've been putting off bills just to cover groceries, or you're facing a lawsuit you can't afford to fight.
These situations feel isolating, but they're more common than you think. And there are legal protections designed specifically to help people in your position get relief and start over.
The moment you file for bankruptcy, federal law creates an "automatic stay" that immediately stops most collection actions against you.
No more harassing phone calls, letters, or demands for payment. Creditors are legally prohibited from contacting you directly once you file.
If you're behind on your mortgage or car payments, filing can halt foreclosure or repossession proceedings and give you time to catch up or restructure.
If creditors are taking money directly from your paycheck, the automatic stay stops that immediately, putting more money back in your pocket.
Chapter 7, sometimes called "liquidation bankruptcy," allows you to discharge most unsecured debts like credit cards, medical bills, and personal loans. The process is typically completed within a few months from filing to discharge.
Who it's for: Individuals with limited income who cannot realistically repay their debts.
Chapter 13 is often called a "wage earner's plan." Instead of liquidating assets, you work with the court to create a 3-5 year repayment plan based on what you can actually afford. At the end of the plan, remaining qualifying debts are discharged.
Who it's for: Individuals with regular income who want to keep their home, car, or other assets while getting debt under control.
Chapter 11 isn't just for businesses. Individuals with substantial assets or debts that exceed Chapter 13 limits can use Chapter 11 to reorganize their finances and develop a repayment plan that works for their situation.
Who it's for: High-income individuals or those with complex financial situations involving significant assets and debts.
Bankruptcy isn't always necessary. In some cases, we can negotiate directly with your creditors to reduce what you owe or establish a repayment plan you can actually afford, without the bankruptcy filing on your record.
Who it's for: Individuals who want to avoid bankruptcy but need help getting creditors to agree to realistic terms.
Filing for bankruptcy is one of the most important financial decisions you'll make. Here's why clients trust us to guide them through it:
Zach Shelomith is Board Certified in Consumer Bankruptcy Law by the American Board of Certification, a credential held by a small percentage of bankruptcy attorneys.
Our attorneys bring deep knowledge of bankruptcy law and have helped individuals and families throughout South Florida navigate debt relief.
No two financial situations are identical. We develop a plan tailored to your specific debts, assets, income, and goals.
You'll work directly with experienced attorneys who know your case, not just paralegals or assistants.
We guide you from the initial consultation through final debt discharge, keeping you informed every step of the way.
We'll review your situation, explain your options, and answer your questions at no cost before you decide how to proceed.
The cost of a bankruptcy lawyer in Florida varies based on complexity, the type of bankruptcy, and the attorney's level of experience. It's crucial to remember that while cost is a factor, having an experienced lawyer can make the process smoother and protect your interests.
Yes, filing bankruptcy does not prevent you from starting a new business. However, it could make obtaining new credit more challenging in the short term. It's essential to understand your financial situation and explore all options before venturing into a new business.
When a business files for bankruptcy, it's placed under the protection of the bankruptcy court. This halts all collection efforts from creditors (an automatic stay). The business then works with the court and its creditors to develop a plan for repaying its debts.
The primary difference lies in the outcome. Chapter 11 bankruptcy is a reorganization process, allowing a business to continue operations while restructured debt is repaid. On the other hand, Chapter 7 bankruptcy involves the liquidation of a company's assets to repay creditors, often leading to the dissolution of the business.
Absolutely! Bankruptcy isn't always the end. In fact, it can be a new beginning. Filing for Chapter 11 bankruptcy, for instance, allows a company to restructure its debts and develop a plan to keep the business running while paying off creditors over time. It's a lifeline for businesses in financial distress, giving them a chance to get back on their feet.
