4910 14th Street
West Suite 206
Bradenton, FL 34207
Phone: 941-744-5450
Fax: 941-803-8138

Welcome To Mooney & Stewart, P.A.

Chapter 13 Bankruptcy in Florida
Experienced Bankruptcy Attorney
Serving Bradenton, Sarasota, Tampa, St. Petersburg

For an individual with a regular income but who is still facing extreme financial difficulties, a Chapter 13 Bankruptcy may offer exactly the relief he or she needs. By reorganizing debt rather than liquidating Possessions, Chapter 13 bankruptcy can give you the fresh start you are hoping for without the loss of valuable property and even if you do not qualify for Chapter 7 bankruptcy under the means test you can still qualify for chapter 13 bankruptcy. Are you interested in learning more about bankruptcy? At the Law Office of Mooney & Stewart, P.A. , we offer a free initial consultation to discuss your particular options in this regard, as well as the particular benefits that a Chapter 13 bankruptcy may have for you. Tampa bankruptcy attorney Mooney & Stewart, P.A. and his legal staff are fully dedicated to protecting clients’ rights and helping them get the second chance they need.

About Chapter 13 Bankruptcy in Florida

There are many benefits of great value for the bankruptcy under the bankruptcy code of Chapter 13. A Chapter 13 bankruptcy can stop collateral foreclosure (the legal proceedings initiated by a creditor to repossess) and the action of regaining possession of car. . It may allow an individual to have their driver’s license to restore to the previous state, if it has been suspended due to unpaid parking tickets. This thing can protect your home even when you have significant equity (that is the difference between the market value of a property and the claims held against it). During an equity driven Chapter 13 bankruptcy an individual will pay back their unsecured creditors based upon the amount of unprotected equity they have in a home. Chapter 13 is also often a feasible option to individuals who make a significant amount of income.

A Chapter 13 bankruptcy case, it is possible that it may last between 3 to 5 years as the debtor makes regular and continuous monthly payments based of a payment schedule worked out with the bankruptcy court. The benefit of filing a Chapter 13 bankruptcy is that it will not only protect your house, but also your car from being sold and enable you to make a minimum, monthly payment that’s is affordable and which is designed to work according to your own budget. You may be able to pay unsecured creditors pennies on the dollars, sometimes as little as 10% of what you originally owed.

Chapter 13 bankruptcy is also able to extinguish or in a massive degree lower the interest rate on any debts. You can get more about Chapter 13 bankruptcy in Tampa by talking to a skilled attorney about your case. Contact the Law Office of Mooney & Stewart, P.A. today.

Your chances of successfully discharging your debt, stopping foreclosure or reorganizing debt are much greater with the proper legal counsel.