Aggressively Representing Debtors, Creditors, and Student Loan Borrowers in Florida
At LSS Law, we fully explain and help you understand your various options for how to effectively deal with the money you owe to others. If you are stressed about paying your bills, if creditors are harassing you, or if your wages are being garnished, filing a bankruptcy case can provide you with instant relief. If you are struggling to pay your federal, state or private student loans or are in default of your student loans and don’t know what to do, we can provide you with a road map of your options, so that the power is in your hands. Whatever your monetary troubles are, we use our more than 80 years of combined experience to provide you the advice and guidance that you need to make wise decisions for a better tomorrow.
Delivering Solid Guidance To Individual Debtors
If you are struggling to make ends meet or you have numerous assets you want to protect while restructuring your finances, it is important to consider all of your available debt relief options.
We have extensive experience handling personal bankruptcy cases filed under:
- Chapter 7: If you have overwhelming unsecured debt, such as medical bills or credit card debt, Chapter 7 may be the best option for obtaining your fresh financial start. Most Chapter 7 debtors discharge (eliminate) the majority of their debt, which often saves them tens (if not hundreds) of thousands of dollars.
- Chapter 13: In a typical Chapter 13, you may keep the majority of your assets and pay back some or all of your debts under a plan of reorganization. A Chapter 13 allows a debtor to get caught-up on past due payments on secured loans such as a mortgage, and in some instances, eliminate secured loans altogether. Most unsecured creditors are paid pennies on the dollar owed in a Chapter 13 case.
- Chapter 11: If you do not qualify for a Chapter 7 or Chapter 13 bankruptcy (or if Chapter 7 is not right for your particular circumstances) then an individual Chapter 11 filing may provide the best option for you. An individual Chapter 11 allows you to take advantage of more meaningful debt restructuring as a consumer.
Protecting the Best Interests of Businesses in Bankruptcy
Most companies face financial issues at some point, and we provide guidance in considering your debt relief options. We will not advocate bankruptcy if there is a better, non-bankruptcy, alternative. We will not only provide you with our recommendations, but we will educate you about how corporate bankruptcy works, and how bankruptcy impacts your company’s property and debts. Bankruptcy law allows Florida entities to file for Chapter 7 or Chapter 11. Whether you are seeking to shut down your business through an orderly liquidation of the company’s assets or you want to restructure your company’s debt and continue to operate, it is imperative that you obtain the advice and guidance of a knowledgeable bankruptcy attorney.
Providing Aggressive Creditor Representation
Many creditors believe that once a customer, client, vendor, or borrower files for bankruptcy, creditors have no options for recovering the money owed to them. Depending on your financial relationship with the borrower and the unique circumstances surrounding the debtor’s filing, there are a variety of ways to pursue the debt owed to you within the bounds of the bankruptcy laws. We have extensive experience helping creditors pursue and obtain payment of the debt owed to them from bankruptcy debtors. Let us work to do the same for you.
Assignment for the Benefit of Creditors
If filing for bankruptcy is not the best option for your business entity, Florida law provides another choice referred to as an Assignment for the Benefit of Creditors (“ABC”). In short, the ABC process allows a business to assign its assets to an appointed assignee, who liquidates those assets by various means, including public auctions, private sales of assets, or private sale of the business as a going concern. The assignee then distributes the proceeds to the creditors of the business in accordance with Florida law.
Delivering Relief from Student Loan Debt
If you cannot afford to pay your federal, state or private student loans and you don’t know where to turn, we can help. We develop a comprehensive and personalized strategy in solving your student loan issues, and we help put the power back into your hands. We work with you and your student loan lender to reduce your loan payments, potentially obtain loan forgiveness or administrative or bankruptcy discharge, and other measures that will significantly improve your financial life. It is time to take charge of your student loan debt and we will assist you each step of the way.
Contact our experienced bankruptcy and student loan law attorneys for a no-cost initial consultation.
Let Our Firm Help You
The legal team at LSS Law, provides a wide range of bankruptcy law and student loan law services. We have two offices to best serve our clients, in Miami and Fort Lauderdale, Florida, and we are proud to serve residents and businesses located in Broward, Miami-Dade, Highlands, Indian River, Martin, Monroe, Okeechobee, Palm Beach, and St. Lucie counties.
Contact us at 954-516-2566 or via our online contact page to schedule your no-cost initial consultation to learn how we can help you or your business.
“Excellent company to work with providing timely advice and guidance.”
“.... very attentive, patient and knowledgeable”
“Well prepared, great attention to detail, and very empathetic to my needs.”
“I felt extremely well represented [by LSAS Attorneys] during the whole process.”
“[A]n amazing attorney to work with, extremely thorough, hands on and always available for any questions or concerns that you have.”