Attorney Dion R. Hancock
Professional Bankruptcy and Foreclosure Attorney
Dion Hancock is an experienced and knowledgeable Tampa and St Petersburg bankruptcy attorney serving clients throughout Tampa Bay.
Call Dion R. Hancock, P.A. today at (813) 223-4821 or contact us today for a free consultation that can help you get on the road to financial freedom.
When you are struggling with significant debt, the anxiety you can feel can be extremely overwhelming. Though the concept of filing for bankruptcy can be a daunting prospect, the reality is that bankruptcy carries many financial benefits. The most prominent benefit is that millions of consumer debtors have found lasting financial relief by filing for bankruptcy.
Under the United States bankruptcy laws, Chapter 11 bankruptcy permits businesses and individuals to build debt reorganization and repayment plans for their significant assets and debts. This debt relief alternative allows you to continue your business operations while you work through your financial issues and take steps to boost profitability.
When you choose to file for Chapter 13 bankruptcy, you will be in a repayment plan for 3 to 5 years, paying back a portion of your unsecured debt. Unlike Chapter 7 bankruptcy, you will be permitted to keep your property. Also known as reorganization bankruptcy.
Chapter 7 bankruptcy is the most common type of bankruptcy filed in the United States. With the help of a legal professional, you can complete this process in just a few months. Also known as debt “liquidation” bankruptcy, Chapter 7 bankruptcy gives individuals with large amounts of unsecured debt the chance to have most or all of their debts discharged.
You can depend on Tampa foreclosure lawyer Dion R. Hancock, P.A. to provide you with a personalized foreclosure defense plan. We understand that you are likely facing many questions and concerns about your home and your future. This is a challenging experience which you should not go through alone.
The short sale process is a viable and effective method to avoid foreclosure and protect your credit rating from significant damage. While it will be noted on your credit history, it won’t have nearly the harmful impact a foreclosure can create.
Simply speaking, wage garnishments are a means by which a creditor can seize a portion of your income in order to satisfy a debt. However, strict federal and state guidelines are in effect to govern who can garnish wages and how much they can collect.