“Mr. Peck had assisted me with a harassing bill collector. My current law firm, Smith, Feddeler & Smith, P.A., had recommended the Peck Law Firm, P.A. Richard was AWESOME!”
COLLECTION DEBT LAWYER | BANKRUPTCY
Florida Bankruptcy Attorney Helping You Find a Way Forward
Overwhelmed by debt, wage garnishment, lawsuits or missed mortgage payments?
Peck Law Firm helps individuals and families understand whether Chapter 7 or Chapter 13 bankruptcy can provide meaningful relief.
Experienced Florida Legal Advocacy
Free Confidential Consultation
Spring Hill, Tampa and Pasco/Pinellas
Types of Bankruptcies
Chapter 7, Chapter 11 or Chapter 13?
As with anything serious, it’s important to understand the different types of bankruptcies and then apply your set of facts and circumstances to decide if bankruptcy is right for you and if so, what type of bankruptcy is right for you. It is possible to do your own bankruptcy however it is likely a very wise idea to consult with an attorney and likely have that attorney walk you through the bankruptcy process.
In bankruptcy you may be able to wipe out all of your debt while keeping certain assets or you may be able to enter into an organized, predictable and fair partial repayment plan that would allow you to get out from underneath your debt and potentially get caught up on your mortgage. The main types of bankruptcies available to the average person are Chapter 7 bankruptcies and Chapter 13 bankruptcies. There is another type of bankruptcy that is available to certain types of individuals called a Chapter 11 bankruptcy. Knowing when to file bankruptcy is also very important as the timing of your bankruptcy could allow you to keep additional assets or maximize the benefits that you might receive from a bankruptcy.
What Spring Hill Clients Say
“We are extremely satisfied with the outcome of our case. Peck Law Firm and their staff were wonderful, very informative, and fought hard to get us what we deserved. I would recommend them to anybody. Honest, hard-working people.”
“Rick Peck and his staff have been great to work with throughout the bankruptcy process. I was very nervous at first to do this, however with the expertise of the entire firm I felt much better. I highly recommend this firm if you are considering bankruptcy. Thanks again for all of your help and assistance.”
“Peck Law Group I would recommend to anyone that is looking for a Great Professional Law Firm Mr. Peck and his staff was very helpful throughout my entire process, He would personally call you himself to talk to you and discuss your concerns keep you updated on how the case is going and questions that you may have.They will do what everything they can to make sure you’re totally satisfied. Mr. Peck I would like to say Thank you to you and your staff for all of your help”
“I had a couple questions about a civil matter and he answered them and gave me some good ideas and insight. If I get stuck I will hire him. He's knowledgeable. Go to him first.”
“I want to express the professionalism, courtesy and respect that I received from Mr. Peck and Mr. Bullington. I mainly worked with Mr. Bullington. From the very beginning on 3-2020, I felt extremely comfortable utilizing his expertise in bankruptcy law. I just finished the 5 year plan. Mr. Bullington was available for any question, concern, and issues during my 5 year plan with providing several options and legal assistance. Mr. Bullington showed compassion with the entire approach understanding of my fear of foreclosure on my property. Brookridge Community Property Owner underhandedly made my life hell, by imposing ridiculous financial fines making it impossible for me to break even. Mr. Bullington and Mr. Peck put a plan in place to stop the foreclosure on my home. In other words, saved my home. Through out the 5 year plan both were always available with a simple phone call. I would definitely recommend both for your legal needs. Extremely reasonable pricing.”
“These folks are great. Down to earth, thorough, friendly and very helpful. It's just what you need when legal issues arise.”
“They been a great company to deal with, very helpful professional, the owner him self was very down to earth but professional, treated Me with respect, as the office workers too. Were kind, helpful in every way, a special thank you to Mr Burlington. A fantastic team of professionals Who cares about the people, not just the $ I will recommend this class A team to all in need, thank you all, Steven osborn”
“I highly recommend Peck Law Firm. From my first consultation until the end of my case I was treated with professionalism and sincere caring about what I was going through. The firm is very educated and organized. I appreciate all the work Mr Peck did. He went out of his way to ensure what was best for me. His assistants also went above and beyond to make sure I understood and was comfortable with the process. Definitely a law firm to trust.”
“I was referred to Peck law firm by another attorney, and I cannot express my gratitude towards Rick enough! He was upfront and honest from the start and was willing to go out of his way to get me the help I deserved. He always kept me in the loop, and answered any question I had. I highly recommend their services.”
“From my initial consultation with Mr. Peck and Mr. Bullington to my discharge, everything was perfect. I am very grateful. They are truly Five Star!”
“I had the pleasure of working with Rick Peck Law Firm and can't recommend him highly enough. From our initial consultation to the final resolution of my case, Rick demonstrated exceptional professionalism, expertise, and dedication. He was always approachable and took the time to explain every detail, ensuring I understood my options. His responsiveness to my questions made me feel supported and confident. Rick's ability to navigate complex legal issues and his commitment to achieving the best results truly set him apart. Thanks to Rick's hard work, my case was resolved favorably. He's an outstanding advocate who genuinely cares about his clients.”
“Mr . Peck has been absolutely amazing! Right from the start , he had my back and was eager to get the job done! I trusted him and his advice and came out on top! Thank You Peck Law Firm Spring Hill! Thank you from the bottom of my heart!! K.S.”
Bankruptcy is a very valuable and powerful tool that people have a constitutional right to invoke.
Some people believe that filing bankruptcy is a bad thing.
Filing bankruptcy may be the exact fresh start that a person needs in order to get out of debt and move on with their life.
Judgements + Garnishments
Stop the Bleeding
Even if you have judgements against you or if your wages are being garnished you still have the right and opportunity to file bankruptcy to stop the bleeding. Additionally, if you got behind on your mortgage payments but things have now improved and you just need time to catch up, bankruptcy may afford you a great guaranteed opportunity to achieve that goal.
How We Can Help.
Our Firm will help you understand the different types of bankruptcies, help you make the decision as to whether or not bankruptcy is right for you, and we’ll handle your bankruptcy for you should you decide bankruptcy is your best option. If the idea of being completely debt-free on a clear path to get out of debt sounds good to you please feel free to contact us for a free consultation concerning your financial circumstances.
Frequently Asked Questions About Bankruptcy in Florida
Bankruptcy can affect your home, wages, credit and long-term finances. These answers cover common questions, but the best option depends on your individual circumstances.
Can bankruptcy stop wage garnishment and collection actions?
Usually, yes. Filing bankruptcy generally triggers the automatic stay, which requires most creditors to stop wage garnishments, collection lawsuits, calls and other collection activity.
What is the difference between Chapter 7 and Chapter 13 bankruptcy?
Chapter 7 may eliminate many qualifying unsecured debts, including credit cards and medical bills. Chapter 13 uses a court-approved repayment plan and may help you catch up on mortgage or vehicle payments.
Can I keep my home if I file bankruptcy?
Possibly. Whether you can keep your home depends on your equity, mortgage status, available exemptions, income and bankruptcy chapter. Chapter 13 may allow eligible homeowners to repay missed mortgage payments over time.
What debts can bankruptcy eliminate?
Bankruptcy may discharge qualifying credit-card debt, medical bills, personal loans, collection accounts and some judgments. Child support, alimony, many tax debts and most student loans are generally not discharged.
How do I know whether bankruptcy is right for me?
The answer depends on your income, assets, debts, collection pressure and long-term goals. A bankruptcy attorney can review your circumstances and explain whether Chapter 7, Chapter 13 or another debt-relief option may be appropriate.
From the blog
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