When people lose control of their finances, they feel a sense of shame. This guilt often prevents them from seeking the help they need and delaying can be costly both financially and emotionally. Most people incur their debts in good faith. They borrow money with every intention of paying it back until unexpected situations arise such as death, illness, family crisis, business reversal, natural disaster, legal trouble, loss of employment, and economic downturn. It becomes impossible to fulfill their obligations: not because they don’t want to but because they lack the means to do so. When money gets tight, stress levels reach epic proportions and hundreds of thousands of people across the country feel they have no hope. If you are buried in unmanageable debt, your creditors are threatening to sue you, you have been told your wages will be garnished, your car is being repossessed, or you are facing foreclosure on your home, it is in your best interest to call Attorney Robert H Pflueger at Orlando Bankruptcy and talk to him today about filing for bankruptcy. Making the decision to file for bankruptcy should only be made when you realize how it will affect your financial futures. Robert Pflueger is knowledgeable about this process and after evaluating your individual case, he will give you straightforward information that will help guide you in the right direction. Overwhelming debt can make life miserable and Robert H Pflueger will help you gain control of your financial future so you won’t sink deeper into debt another day.
People do not realize that getting out of debt does not have to be an embarrassing or painful process and Robert H Pflueger has found that many of his clients are overwhelmed by what they don’t know. There isn’t a “one-size-fits-all” solution and without an understanding of the many different aspects to bankruptcy, the process is extremely confusing. Before filing for bankruptcy, a person must take many factors into consideration. The type of bankruptcy you file for will have a great effect on how the entire process is enacted and on how it will affect you and your financial and personal future. Bankruptcy laws help people who can no longer pay their creditors by liquidating assets to pay their debts or by creating a repayment plan. Bankruptcy laws also protect troubled businesses and provide for orderly distributions to business creditors through reorganization or liquidation. If you are ready to get relief from your overwhelming debt, Robert Pflueger will explain why bankruptcy is or is not a good option for you. He will advise you of the benefits, the drawbacks, the timetables, and the costs.
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), passed by Congress and signed into law by President George W. Bush on April 20, 2005, opened a new era in the history of bankruptcy law and practice. The United States Trustee Program is the component of the Department of Justice that protects the integrity of the nation’s bankruptcy system by overseeing case administration and litigating to enforce the bankruptcy laws.
US bankruptcy laws require all bankruptcy claimants in Florida to complete a pre-petition counseling course prior to filing for bankruptcy. The pre-petition course may be completed as early as 180 days prior to filing a bankruptcy claim with a mandatory completion no later than one day prior to filing. This course is a credit counseling program designed to educate consumers that are considering or preparing to file for bankruptcy. This course provides valuable information regarding personal debt management and credit counseling services based on individual needs and debt balances. The Completion of this course can be a valuable aid to those who have found themselves in an extremely difficult financial situation and are in need of guidance in order to find their way back to financial stability. A financial plan will be created to help prevent financial mismanagement in the future. This course is for educational purposes and completion of the course is based on attendance and participation only. There is no testing required to complete this course.
During this process, it is highly recommended that you seek the advice from Attorney Robert Pflueger prior to choosing and attending this pre-petition course. Since there are several options for completing your credit counseling, he will assist you in providing valuable information and help you choose the most appropriate service to meet your personal needs or circumstances. Registration can be completed online or over the phone, while individuals may complete the course in a local counseling office, online from home, or over the phone. Attorney Robert Pflueger will help you through the process and he will make sure you have all of the necessary paperwork together so that your request is filed correctly with the bankruptcy court. The course requires disclosure of personal income, expenses, or balances owed to creditors. It is not necessary to provide exact amounts as long as a general estimate is provided. These amounts will be reviewed and used to devise a reasonable financial recovery plan. You will prepare a list of all your assets and debts with the help of Robert Pflueger and your assets will be divided into two groups: exempt and non-exempt. You will keep all your exempt assets and Robert Pflueger will protect your possessions by helping you convert them to exempt assets. You will bring this list to a meeting with your creditors and a trustee. The trustee will take your non-exempt assets and sell them and the money raised will be paid to your creditors. The rest of your debt will be discharged. Upon completion of your first credit-counseling course, the agency will provide you with a certificate. Robert Pflueger will file a copy of the certificate and the original bankruptcy documents on your behalf. Once you have filed, an automatic stay is put into place and this prohibits your creditors from contacting you anymore.