Many people facing serious financial challenges who are eligible for bankruptcy protections decide not to apply because they fear that they will be turned away. Misinformation from the media about the changes to the bankruptcy laws in 2005 have left people more confused and worried than ever about what options they have.
If you are struggling against overwhelming debt or a personal financial crisis it is important to get the information you need to make the right decision.
At Kingcade & Garcia in Miami, we have worked with more than 15,000 Florida bankruptcy clients. We know the stress and confusion people face about their bankruptcy, and we spend the time to fully evaluate your situation and let you know how you can take action. It costs nothing to schedule a free consultation to find out if you qualify for bankruptcy protection.
Comparing Income to Expenses
There are many different myths floating around about bankruptcy. One of those is that only the very poor can file for Chapter 7 liquidation bankruptcy. In reality the bankruptcy qualification process is more complex, and it involves a thorough accounting of what you make, what you have and how much you owe.
Determining a client's bankruptcy qualification isn't just about how much a client makes or is worth. It is a determination of how your income measures up to your expenses. The gap between income and expenses is crucial for determining what options are available to you.
To determine whether you qualify, we look at a range of issues, such as your:
- Dischargeable and nondischargeable debt
- Tax issues
At Kingcade & Garcia we pride ourselves on providing a client-focused culture of care across our office. We take the time to target the issues most relevant to you, and find solutions to help you rebuild your finances.
As an experienced CPA as well as a proven bankruptcy lawyer, our primary attorney Timothy S. Kingcade knows how to help clients take full advantage of the bankruptcy laws designed to protect people from all walks of life and professions.