West Palm Beach Bankruptcy Attorney
When people are struggling with unmanageable debt, sometimes bankruptcy can be the best option to get finances back on track. Under bankruptcy, a person or an organization legally declares their inability to pay certain debts.
If your finances are out of control, bankruptcy might be a viable option to help you get your personal life or your business back on track. To speak with a qualified West Palm Beach bankruptcy attorney from Eric N. Klein & Associates, P.A., contact our offices today by calling 561-353-2800.
Types of Bankruptcy
Each different type of bankruptcy is listed under a separate chapter of the U.S. Bankruptcy Code. Some of the most common types of bankruptcy include:
- Chapter 7 Bankruptcy -Individuals and businesses may liquidate their assets in order to discharge their debts.
- Chapter 11 Bankruptcy – Businesses may reorganize and discharge certain debts and develop a repayment plan while remaining open and in operation.
- Chapter 13 Bankruptcy – Individuals may reorganize their debts and develop a repayment plan to eliminate their debt.
A qualified West Palm Beach bankruptcy lawyer can help you determine under which chapter you should file depending on your particular needs.
Contact Us
If you or someone you know needs help reorganizing or eliminating their debts, the West Palm Beach bankruptcy lawyers at Eric N. Klein & Associates, P.A. may be able to help. Contact our offices at 561-353-2800 to discuss your options.
