Will I lose my property?

South Florida Home Foreclosure Lawyer

Are you worried that if you file for bankruptcy, you will lose your home, car or other personal property? Don't put off getting the debt relief you need. Call the law offices of attorney Michelle Armstrong, P.A.,, for your free consultation where an experienced bankruptcy attorney will explain the law to you and how, under your particular circumstances, bankruptcy might help to save your property.

Contact the law offices of Michelle Armstrong today, to secure a debt free tomorrow. 954-282-6090

Many people avoid bankruptcy because they fear they will lose their assets. In reality, bankruptcy can help you retain your assets, and even save your home from foreclosure, or your car from repossession. You may lose more assets by failing to file for bankruptcy at all. If you file a bankruptcy case, the law will immediately protect you from creditors' attempts to seize your assets. If you decide to voluntarily surrender your home or car because you can't afford the payments, a bankruptcy may protect you from any deficiency claim by the lenders.

Certain assets are protected by law

There are certain assets that are protected under state and federal law, called "exempt" property, which cannot be taken by creditors or the bankruptcy court if you file for bankruptcy. Regardless of the type of bankruptcy you file, you can rest assured that under most circumstances the following items will be protected:

• Pension Plans
• 401Ks
• Annuities
• Wages of a head of household
• Social security payments
• Disability benefits
• And if you meet certain requirements, the equity in your home will be exempt
• A portion of the equity in your vehicle is also protected.

Contact Us

Everybody's case is different. Don't' listen to advice from friends or family. From home foreclosures to discharge of credit card debt, we can help. At the Coral Springs, Florida law office of Michelle Armstrong, P.A., we work with the individual needs of our clients to find a plan for debt relief that best works for them. Contact us at our Coral Springs, Florida office today for a free initial consultation.

We are a federally designated Debt Relief Agency under the United States bankruptcy laws. We help people find solutions to their debt problems, including, where appropriate, assisting them with filing for bankruptcy relief under the United States Bankruptcy Code.