Galewski Law Group,P.A.

If you are facing bankruptcy , you may be wondering what to do with nonexempt property. There are a few options available to you. You can either keep your non-exempt property, or you can use it to purchase another exempt asset. Non-Exempt Property When you file for bankruptcy, it's important to consider what types of property are considered non-exempt. The value of your non-exempt property will be determined by the bankruptcy trustee and they will decide whether they'll sell the property for enough to cover your debts. This means that your non-exempt property may be worth less than its market value. If this happens, your monthly payments will increase significantly. When you file for bankruptcy, you should consult with a Bankruptcy Attorney Tampa who is familiar with the laws in your jurisdiction regarding the definition of non-exempt property. This attorney will be able to discuss your options and explain the importance of exemption planning. Non-Exempt Equity Before you file...

Bankruptcy Lawyer Tampa FL : Need to file for bankruptcy but not sure where to begin? The  Galewski  Law Group  will help you understand bankruptcy and be at your side during the filing process. At the Bankruptcy law firm of Galewski Law Group our goal is to simplify the bankruptcy filing process as much as possible. We realize that you are seeking our support at a very stressful time in your life and we’ll be at your side from beginning to end. For more information or to get started with the bankruptcy filing process, contact the Law Offices of Stanley J. Galewski at (813)222-8210 or schedule a bankruptcy consultation. VISIT AT:  https://galewski.com

Filing a bankruptcy is often a difficult decision for any individual. It’s the time when you are suffering financially and emotionally and one surely wishes to make the right decision at this point of time to ensure they could be back on right track shortly. Finding the right Bankruptcy Attorney in Tampa or wherever you are looking to file remains critical. There are a lot of things to consider the way in advance to ensure that you find the right man for the job. Let us closely look at some of those factors which should be taken deeply considered before you met with a bankruptcy attorney. Also read about, What Kind Of Damages Would You Recover If Injured in an Auto Accident The Initial Interaction of 30 Minutes Your first interaction with your lawyer would be very important. Preparing for it in advance will be critical. It will involve a good list of questions that might be uncomfortable for you to answer but being truthful at every question will pretty much determine the dest...

It is probably the most common type of bankruptcy filed in the United States to save one from piling up debt. A Tampa bankruptcy attorney explains that the idea is pretty simple; if one has a lot of payments pending to be paid to the creditors and the person remains in a terrible situation of not being able to pay then the only way out is to file for the chapter 7 bankruptcies and give oneself a new and fresh start in the financial aspect. Also read about, 5 Things You Should Know before Filing Divorce in Tampa What Are Bankruptcy Exemptions? Some debts are not secured due to the absence of collateral on such debts.  All the debts that are discharged while filing the chapter 7 bankruptcy will be the unsecured debt. Unsecured debts could comprise a person's medical bills or credit card debt. People are often scared of losing out their assets while filing for bankruptcy. But it's not the case with chapter 7 bankruptcy most of the time. Some specific exemptions will secure your a...