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When Should You Contact a Debt Relief Attorney?

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When Should You Contact a Debt Relief Attorney?

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You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

If you have a lot of debt to pay but have reached a point where you have no way to pay, then it is best to consider reaching out to a debt relief attorney in Plantation. It is true that you have the right to negotiate with the creditors on your own and even work out the arrangements.

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When Should You Contact a Debt Relief Attorney?

You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

If you have a lot of debt to pay but have reached a point where you have no way to pay, then it is best to consider reaching out to a debt relief attorney in Plantation. It is true that you have the right to negotiate with the creditors on your own and even work out the arrangements.

However, if you don't have a debt relief attorney on your side, then you might not be able to succeed. Here are a few situations where the best thing you can do is to hire a professional debt relief attorney plantation.

You Are at The Risk of Losing Your Wages
If you haven't paid your debts for several months, then there is a chance for the creditors to come after your earnings. If you owe the IRS back taxes or if you happen to be delinquent on loans, your wages may end up getting garnished. This is a situation where it is best to have a debt relief attorney at your side.

You Are at Risk of Being Sued by the Creditors
Creditors have the right to start a lawsuit against anyone who hasn't been able to pay them back. If you are at the risk of getting sued by the creditors, you might not know what you should do or how to resolve the problem. This is why it is best to seek the help of a debt settlement attorney because they will know what the best option is for you.

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When Should You Contact a Debt Relief Attorney? - Segaul Firm

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You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

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How Bankruptcy Attorneys Help Their Clients

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How Bankruptcy Attorneys Help Their Clients

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Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

Filing bankruptcy on your own can be a costly mistake and lead to you making even more mistakes too while filing for bankruptcy. Fortunately, you can avoid such mistakes by seeking the help of an experienced bankruptcy attorney in Fort Lauderdale.

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How Bankruptcy Attorneys Help Their Clients

Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

Filing bankruptcy on your own can be a costly mistake and lead to you making even more mistakes too while filing for bankruptcy. Fortunately, you can avoid such mistakes by seeking the help of an experienced bankruptcy attorney in Fort Lauderdale.
Why You Need a Bankruptcy Attorney
Bankruptcy processes can be quite complex and complicated. This means that they may require extensive forms, in-depth research about exemption laws, and more. Mistakes while filing for bankruptcy can result in loss of nonexempt assets, denial of debt discharge, and even criminal cases for fraud in some cases.

A skilled bankruptcy attorney in Fort Lauderdale with years of experience will help clients prevent all of these mistakes. Bankruptcy attorneys will also help clients in many other ways. Here is how bankruptcy lawyers help their clients.

The attorney will ensure that clients understand what legal options available to them

The lawyer will help clients to determine what type of bankruptcy is the best option for them

The bankruptcy attorney will ensure that clients fully comply with the bankruptcy requirements

An experienced attorney will help their clients to protect their property

The attorney will deal with loans and credit cards

The handling of payments will be done by the attorney

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How Bankruptcy Attorneys Help Their Clients - Segaul Firm

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Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

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Segaul Law Firm - Bankruptcy Foreclosure

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Segaul Law Firm - Bankruptcy Foreclosure

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Segaul Law Firm provides foreclosure defense, bankruptcy, and real estate litigation services in Fort Lauderdale and surrounding areas.

Need a real estate, foreclosure defense, or bankruptcy lawyer in Fort Lauderdale, Plantation, Davie, Sunrise or surrounding areas? Call us today to schedule a free, no obligation consultation with our experienced bankruptcy attorney.

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www.manta.com needs to review the security of your connection before proceeding.

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Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Segaul & Stoll, P.A. - a Plantation, Florida (FL) Law Firm

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Segaul & Stoll, P.A., a Plantation, Florida (FL) Law Firm -

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Located in Plantation Florida, Segaul Law Firm and attorney John Segaul has helped thousands of individuals and families file chapter 7 and chapter 13 bankruptcy. Segaul Law Firm offers free consultations, reasonable fees and payment plans.

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Segaul Law Firm, PA Overview

Located in Plantation Florida, Segaul Law Firm and attorney John Segaul has helped thousands of individuals and families file chapter 7 and chapter 13 bankruptcy. Segaul Law Firm offers free consultations, reasonable fees and payment plans.

Segaul Law Firm, PA Areas of Law

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Located in Plantation Florida, Segaul Law Firm and attorney John Segaul has helped thousands of individuals and families file chapter 7 and chapter 13 bankruptcy. Segaul Law Firm offers free consultations, reasonable fees and payment plans.

# data[].attributes.body
Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Segaul Law Firm, P.A. is a law firm in Fort Lauderdale, FL. Learn more about the Florida lawyers at Segaul Law Firm, P.A. Practice in Bankruptcy & Debt, Real Estate,

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Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Get foreclosure defense help - Segaul Law Firm

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Get foreclosure defense help - Segaul Law Firm

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If you are being threatened with foreclosure, you deserve qualified representation to protect your rights. We at Segaul Law are experts at Foreclosure Defense.

Call 954.424.3600 to get foreclosure defense help now.

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Foreclosure Defense Lawyer in Plantation, Sunrise & Fort Lauderdale

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Looking for a Foreclosure Defense Attorney in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to providing personalized legal services. Call 954.424.3600 to get foreclosure defense help now.

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Chapter 13 Bankruptcy - Segaul Law Firm

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Chapter 13 Bankruptcy - Segaul Law Firm

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When the plan is completed, your remaining unsecured debts will be wiped out or discharged. Many Chapter 13 filers end up paying pennies on the dollar for their unsecured debts.

Call 954.424.3600 to speak with a bankruptcy attorney.

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What is Chapter 13 Bankruptcy?

Chapter 13 is a reorganization for individuals. It is a simpler and less expensive version of a chapter 11 filed by businesses. In Chapter 13, you will work with a Trustee to create a payment plan lasting 3 to 5 years. The plan consolidates and restructures your debt payments to make them more affordable.

To understand chapter 13 you must understand the difference between "secured debt" and "unsecured debt". Secured debt is debt that is attached to collateral such as a mortgage or car loan. Unsecured debt has no collateral. Credit cards and medical bills are examples of unsecured debt.

Chapter 13 can be used to save your home from foreclosure by forcing the bank to work out an affordable payment plan. Typically when a mortgage goes into foreclosure, the mortgage company will demand all of the back payments (the arrearage), plus thousands of dollars in attorney fees and court costs be paid upfront in order to dismiss the case. The Chapter 13 Plan allows you to spread the arrearage payments over five years. After completion of the plan, the mortgage would be reinstated and the foreclosure dismissed.

Car loans can also be modified in chapter 13 in order to decrease the payments. The plan reduces interest rates, stretches out the term of the loan and in some cases strips down the principal amount of the loan based on the value of the car at the time the case is filed.

The Chapter 13 plan will consolidate the payment on your unsecured debt. The plan payment is based on your non-exempt assets and your earnings. The Trustee will calculate your disposable income by taking your average income and subtracting certain expenses according to Floirda and national standards. After you've subtracted your allowable monthly expenses and required payments, you're left with your "disposable income." Certain expenses such as mortgage payments, child and spousal support payments, tax debts, and auto loan payments may be allowed to further reduce your disposable income. Your disposable income is what you'll have to contribute to your Chapter 13 plan each month. You'll make payments to the Bankruptcy Trustee and who will distribute the payments among your creditors. While the plan is in effect, the bankruptcy code protects you from lawsuits, garnishments, and other creditor actions in order to give you the opportunity to resolve the financial difficulties you are facing.

When the plan is completed, your remaining unsecured debts will be wiped out or discharged. Many Chapter 13 filers end up paying pennies on the dollar for their unsecured debts.

Call 954.424.3600 to speak with a bankruptcy attorney.

Chapter 13 Bankruptcy FAQ

Why file a Chapter 13 bankruptcy?
A Chapter 13 can save your home by giving you 5 years to catch up on your mortgage and your home being lost in foreclosure. A Chapter 13 can give you debt relief if you make too much money to file a Chapter 7 or do not want to lose non exempt assets in a Chapter 7.

If I file Chapter 13, will I end up paying all of my debts back?
The majority of those who file Chapter 13 are not required to pay all of their debts back. The repayment is based on your household income, expenses, and non exempt assets.
READ MORE FAQ BELOW

Chapter 13 Frequently Asked Questions

Why file a Chapter 13 bankruptcy?
A Chapter 13 can save your home by giving you 5 years to catch up on your mortgage and your home being lost in foreclosure. A Chapter 13 can give you debt relief if you make too much money to file a Chapter 7 or do not want to lose non exempt assets in a Chapter 7.

If I file Chapter 13, will I end up paying all of my debts back?
The majority of those who file Chapter 13 are not required to pay all of their debts back. The repayment is based on your household income, expenses, and non exempt assets.

How will a Chapter 13 bankruptcy affect my credit?
A Chapter 13 bankruptcy stays on the credit report for 7 years. Notwithstanding the length of time that the bankruptcy stays on your credit report, many people find that they are able to obtain new credit including automobile loans and low money down FHA mortgages during the time that the bankruptcy is still being reported on their credit report.

How can Chapter 13 help save my house?
The filing of a chapter petition results in an automatic stay of the foreclosure proceeding. A Chapter 13 bankruptcy will allow you to make monthly payments to catch up on your back payments.

What is the Mean Test?
The Means Test is used to determine if you qualify for a Chapter 7. It takes into account your family size, household income and expenses to determine if you have disposable income available to pay towards your debts. If you fail to pass the Means Test you may be unable to file a Chapter 7, but still may be able to file Chapter 13. The amount of your disposable income is used to determine the amount of your monthly payment in a Chapter 13 reorganization.

What are exempt assets?
Bankruptcy exemptions are designed to protect a certain amount of your assets in a Chapter 7 bankruptcy. Exemptions also help in determining how much certain creditors will get paid through your bankruptcy plan if you file a Chapter 13 bankruptcy. If you can "exempt" assets in bankruptcy it means that the Chapter 7 trustee cannot take it and sell it to pay your creditors.

What happens if my income goes down or I lose my job while I am in a Chapter 13 case?
If your income goes down or you lose your job, it may be possible to reduce your payment by modifying the Chapter 13 plan. It is also possible to convert your Chapter 13 case to a Chapter 7 if your income now allows you to qualify for Chapter 7.

Can Chapter 13 lower my car payments?
A Chapter 13 can often reduce payments by reducing the amount principal balance owed to the lender based on the current value of the car. It can also reduce the interest rate to a more favorable rate (i.e. not the 12 to 15 % that some people pay with less than perfect credit).

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Chapter 13 Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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Looking for a Chapter 13 Bankruptcy Lawyer in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to providing personalized legal services. Call 954.424.3600 to get bankruptcy help now.

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A chapter 7 discharge will help eliminate credit cards, medical bills, car repossession debt and even some IRS debt.

Call 954.424.3600 to speak with a bankruptcy attorney.

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What is the difference between a Chapter 7 and Chapter 13?
Chapter 7 is a liquidation bankruptcy. A trustee is appointed and can sell your non exempt assets for the benefit of your creditors. Chapter 13 is a reorganization. It can be used to save your home from foreclosure. Your payment to the court is based on your income, expenses and your non exempt assets.

What is a 341 Meeting of Creditors?
At the meeting the trustee will question you about assets, income and issues that may arise after the review of your bankruptcy schedules, tax returns and bank statements. Due to the duration and nature of the meeting, it is very unlikely that any creditors will attend.

How will a Chapter 7 bankruptcy affect my credit?
A Chapter 7 bankruptcy will remain on your credit report for 10 years. Notwithstanding the length of time that the bankruptcy stays on your credit report, many people find that they are able to obtain new credit including automobile loans and low money down FHA mortgages during the time that the bankruptcy is still being reported on their credit report.

Can I transfer assets to someone else before I file a bankruptcy?
Transferring assets to friends or family members prior to the bankruptcy is a terrible idea. Your bankruptcy schedules require you to disclose transfers, the trustee will ask about transfers at the 341 meeting, the trustee can attempt to undo transfers considered to be fraudulent. If a trustee finds out about a transfer that you did not disclose, it can lead to the denial of your bankruptcy discharge.

What is the Mean Test?
The Means Test is used to determine if you qualify for a Chapter 7. It takes into account your family size, household income and expenses to determine if you have disposable income available to pay towards your debts. If you fail to pass the Means Test you may be unable to file a Chapter 7, but still may be able to file Chapter 13. The amount of your disposable income is used to determine the amount of your monthly payment in a Chapter 13 reorganization.

What are exempt assets?
Bankruptcy exemptions are designed to protect a certain amount of your assets in a Chapter 7 bankruptcy. Exemptions also help in determining how much certain creditors will get paid through your bankruptcy plan if you file a Chapter 13 bankruptcy. If you can "exempt" assets in bankruptcy it means that the Chapter 7 trustee cannot take it and sell it to pay your creditors.

Will I lose my house if I file a Chapter 7 in Florida?
Florida has the "Homestead Exemption" which means that 100% of the equity in your home is considered untouchable by your creditors or a federal bankruptcy trustee. There are some exceptions, for example the exemption does not apply to secured creditors such as a mortgage company or association.

Can my Chapter 7 be denied?
It is possible to have your bankruptcy denied, but such denials are reasonably easy to avoid. If you are accurate to the best of your ability when you answer the questions asked on the bankruptcy forms and questions asked by the trustee you should have no issues.

Does a Chapter 7 help if my house is in foreclosure?
Chapter 7 will delay a foreclosure and wipe the possible deficiency claim of the mortgage company if you want to sell it at a short sale or let it be foreclosed. A Chapter 7 will not force the bank to modify your mortgage; you will need a Chapter 13 for that.

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Chapter 7 Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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What is the difference between a Chapter 7 and Chapter 13? Chapter 7 is a liquidation bankruptcy. A trustee is appointed and can sell your non exempt assets for the benefit of your creditors. Chapter 13 is a reorganization. It can be used to save your home from foreclosure.

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Get bankruptcy and foreclosure help - Segaul Law Firm

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Get bankruptcy and foreclosure help - Segaul Law Firm

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The Segaul Law Firm is dedicated to providing personalized legal services. Our people oriented law firm has extensive knowledge of the complexity of our laws. Knowing that not one resolution works for every situation, our clients can be assured that the individual facts of each case will be addressed with customized solutions.

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You Deserve a Fresh Start

Stuff happened and now you feel overwhelmed. You're stressed, and maybe a little bit scared, and you don't know how to get out of the financial situation you find yourself in.

We can help.

But more than just helping, we get it. We know that difficult things happen to good people. We know that life happens and a lot of this wasn't your fault. We want to put you on a path that removes your stress and gives you peace of mind.

So let us help you.

LEARN MORE
Or call 954.424.3600 to get bankruptcy and foreclosure help now.

How We Help Our Clients

Personal Bankruptcy

Everyone deserves a second chance. Life can throw some heavy curveballs at you. At Segaul Law, we know that sometimes you need a fresh start - some breathing room to put your life back together. Bankruptcy may be the right choice for you.
LEARN MORE

Foreclosure Defense

If you are being threatened with foreclosure, you deserve qualified representation to protect your rights. At Segaul Law, we have effective strategies to provide our clients with relief and delay the foreclosure process.
LEARN MORE

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Personal Bankruptcy, Chapter 7 & 13 Attorney in Plantation, Sunrise, Fort Lauderdale

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Looking for a Personal Bankruptcy, Chapter 7 & 13 Attorney in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to serving the legal needs of discriminating businesses and individuals by providing personalized legal services. Call us today!

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At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life.We hold your hand through every step of the bankruptcy process. With us, bankruptcy is not a bad word. It is a meaningful start to a new, better chapter in your life.

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We make it easy for you to get a fresh start.

We know it can feel overwhelming at times and it isn't fair.

At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life.

We hold your hand through every step of the bankruptcy proces. With us, bankruptcy is not a bad word. It is a meaninful start to a new, better chapter in your life. It is the step needed to unburden you from the stress you currently feel so you can be happy again.

So when people ask us if we love what we do, we always say yes. Because we help people.

Call 954.424.3600 to get bankruptcy help now.

Is Bankruptcy Right For You?

The only way to know if bankruptcy is right for you is to talk to a bankruptcy lawyer who wants to help.

You need someone who is honest and ethical and wants the best for you. You will want someone who can explain the situation in plain english that you can understand. Most importantly, you will need someone you can trust.

Bankruptcy law are complex, so you need someone who can make it easy. That's what we do. We review your unique situation and give you the best advice for you. And many times bankruptcy is not the best choice.

So for experienced advice from bankruptcy lawyers who cares only about helping their clients, give Segaul Law Firm a call.

Call 954.424.3600 to get the right advice now.

Types of Personal Bankruptcy

What is Chapter 7?

Chapter 7, also known as a "Liquidation", may be utilized by individuals or business entities.

In a Chapter 7 proceeding, the Debtor can discharge all of his/her unsecured debts, while the secured debt remains unchanged. A Trustee is appointed to collect non-exempt or unprotected assets of the debtor's estate, reduce them to cash, and distribute the net proceeds to creditors, subject to the Debtor's right to retain certain "exempt" property and the rights of secured creditors. An objection to discharge may be filed by the Trustee or a creditor within 60 days following the first Meeting of Creditors.
LEARN MORE

What is Chapter 13?

Chapter 13 which is also known as "Adjustment of Debts of an Individual with Regular Income".

The Debtor is protected from lawsuits, garnishments, and other creditor actions while the Chapter 13 plan is in effect in order to give the Debtor(s) the opportunity to resolve the financial difficulties facing the Debtor(s). Chapter 13 bankruptcy procedures are commonly used to stop repossession, foreclosures and bring home loans current, and/or to repay IRS or real estate taxes over time at interest rates usually less than those charged by the taxing authorities.
LEARN MORE

Client Testimonials

From the first moment we sat down with him our feelings and embarrassment were slowly but surely taken by his calm and serene tone of voice expressing professionalism and absolute knowledge of what he does and represent.

I felt like a failure. I was worried about everything. I received an advertisement in the mail, and it spoke to me.

John's knowledge of the process is superb! Great staff

READ MORE TESTIMONIALS

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Personal Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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We know it can feel overwhelming at times and it isn't fair. At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life. We hold your hand through every step of the bankruptcy proces.

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When Should You Contact a Debt Relief Attorney?

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When Should You Contact a Debt Relief Attorney?

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You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

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When Should You Contact a Debt Relief Attorney?

You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

If you have a lot of debt to pay but have reached a point where you have no way to pay, then it is best to consider reaching out to a debt relief attorney in Plantation. It is true that you have the right to negotiate with the creditors on your own and even work out the arrangements.

However, if you don't have a debt relief attorney on your side, then you might not be able to succeed. Here are a few situations where the best thing you can do is to hire a professional debt relief attorney plantation.

You Are at The Risk of Losing Your Wages
If you haven't paid your debts for several months, then there is a chance for the creditors to come after your earnings. If you owe the IRS back taxes or if you happen to be delinquent on loans, your wages may end up getting garnished. This is a situation where it is best to have a debt relief attorney at your side.

You Are at Risk of Being Sued by the Creditors
Creditors have the right to start a lawsuit against anyone who hasn't been able to pay them back. If you are at the risk of getting sued by the creditors, you might not know what you should do or how to resolve the problem. This is why it is best to seek the help of a debt settlement attorney because they will know what the best option is for you.

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When Should You Contact a Debt Relief Attorney? - Segaul Firm

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You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

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How Bankruptcy Attorneys Help Their Clients

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How Bankruptcy Attorneys Help Their Clients

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Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

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How Bankruptcy Attorneys Help Their Clients

Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

Filing bankruptcy on your own can be a costly mistake and lead to you making even more mistakes too while filing for bankruptcy. Fortunately, you can avoid such mistakes by seeking the help of an experienced bankruptcy attorney in Fort Lauderdale.
Why You Need a Bankruptcy Attorney
Bankruptcy processes can be quite complex and complicated. This means that they may require extensive forms, in-depth research about exemption laws, and more. Mistakes while filing for bankruptcy can result in loss of nonexempt assets, denial of debt discharge, and even criminal cases for fraud in some cases.

A skilled bankruptcy attorney in Fort Lauderdale with years of experience will help clients prevent all of these mistakes. Bankruptcy attorneys will also help clients in many other ways. Here is how bankruptcy lawyers help their clients.

The attorney will ensure that clients understand what legal options available to them

The lawyer will help clients to determine what type of bankruptcy is the best option for them

The bankruptcy attorney will ensure that clients fully comply with the bankruptcy requirements

An experienced attorney will help their clients to protect their property

The attorney will deal with loans and credit cards

The handling of payments will be done by the attorney

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How Bankruptcy Attorneys Help Their Clients - Segaul Firm

# data[].attributes.attachment_link.description
Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

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Segaul Law Firm - Bankruptcy Foreclosure

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Segaul Law Firm - Bankruptcy Foreclosure

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Segaul Law Firm provides foreclosure defense, bankruptcy, and real estate litigation services in Fort Lauderdale and surrounding areas.

Need a real estate, foreclosure defense, or bankruptcy lawyer in Fort Lauderdale, Plantation, Davie, Sunrise or surrounding areas? Call us today to schedule a free, no obligation consultation with our experienced bankruptcy attorney.

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www.manta.com needs to review the security of your connection before proceeding.

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Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Segaul & Stoll, P.A. - a Plantation, Florida (FL) Law Firm

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Segaul & Stoll, P.A., a Plantation, Florida (FL) Law Firm -

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Located in Plantation Florida, Segaul Law Firm and attorney John Segaul has helped thousands of individuals and families file chapter 7 and chapter 13 bankruptcy. Segaul Law Firm offers free consultations, reasonable fees and payment plans.

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Segaul Law Firm, PA Overview

Located in Plantation Florida, Segaul Law Firm and attorney John Segaul has helped thousands of individuals and families file chapter 7 and chapter 13 bankruptcy. Segaul Law Firm offers free consultations, reasonable fees and payment plans.

Segaul Law Firm, PA Areas of Law

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Located in Plantation Florida, Segaul Law Firm and attorney John Segaul has helped thousands of individuals and families file chapter 7 and chapter 13 bankruptcy. Segaul Law Firm offers free consultations, reasonable fees and payment plans.

# data[].attributes.body
Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Segaul Law Firm, P.A. is a law firm in Fort Lauderdale, FL. Learn more about the Florida lawyers at Segaul Law Firm, P.A. Practice in Bankruptcy & Debt, Real Estate,

# data[].attributes.body
Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Get foreclosure defense help - Segaul Law Firm

# data[].attributes.subject
Get foreclosure defense help - Segaul Law Firm

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If you are being threatened with foreclosure, you deserve qualified representation to protect your rights. We at Segaul Law are experts at Foreclosure Defense.

Call 954.424.3600 to get foreclosure defense help now.

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Foreclosure Defense Lawyer in Plantation, Sunrise & Fort Lauderdale

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Looking for a Foreclosure Defense Attorney in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to providing personalized legal services. Call 954.424.3600 to get foreclosure defense help now.

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Chapter 13 Bankruptcy - Segaul Law Firm

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Chapter 13 Bankruptcy - Segaul Law Firm

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When the plan is completed, your remaining unsecured debts will be wiped out or discharged. Many Chapter 13 filers end up paying pennies on the dollar for their unsecured debts.

Call 954.424.3600 to speak with a bankruptcy attorney.

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What is Chapter 13 Bankruptcy?

Chapter 13 is a reorganization for individuals. It is a simpler and less expensive version of a chapter 11 filed by businesses. In Chapter 13, you will work with a Trustee to create a payment plan lasting 3 to 5 years. The plan consolidates and restructures your debt payments to make them more affordable.

To understand chapter 13 you must understand the difference between "secured debt" and "unsecured debt". Secured debt is debt that is attached to collateral such as a mortgage or car loan. Unsecured debt has no collateral. Credit cards and medical bills are examples of unsecured debt.

Chapter 13 can be used to save your home from foreclosure by forcing the bank to work out an affordable payment plan. Typically when a mortgage goes into foreclosure, the mortgage company will demand all of the back payments (the arrearage), plus thousands of dollars in attorney fees and court costs be paid upfront in order to dismiss the case. The Chapter 13 Plan allows you to spread the arrearage payments over five years. After completion of the plan, the mortgage would be reinstated and the foreclosure dismissed.

Car loans can also be modified in chapter 13 in order to decrease the payments. The plan reduces interest rates, stretches out the term of the loan and in some cases strips down the principal amount of the loan based on the value of the car at the time the case is filed.

The Chapter 13 plan will consolidate the payment on your unsecured debt. The plan payment is based on your non-exempt assets and your earnings. The Trustee will calculate your disposable income by taking your average income and subtracting certain expenses according to Floirda and national standards. After you've subtracted your allowable monthly expenses and required payments, you're left with your "disposable income." Certain expenses such as mortgage payments, child and spousal support payments, tax debts, and auto loan payments may be allowed to further reduce your disposable income. Your disposable income is what you'll have to contribute to your Chapter 13 plan each month. You'll make payments to the Bankruptcy Trustee and who will distribute the payments among your creditors. While the plan is in effect, the bankruptcy code protects you from lawsuits, garnishments, and other creditor actions in order to give you the opportunity to resolve the financial difficulties you are facing.

When the plan is completed, your remaining unsecured debts will be wiped out or discharged. Many Chapter 13 filers end up paying pennies on the dollar for their unsecured debts.

Call 954.424.3600 to speak with a bankruptcy attorney.

Chapter 13 Bankruptcy FAQ

Why file a Chapter 13 bankruptcy?
A Chapter 13 can save your home by giving you 5 years to catch up on your mortgage and your home being lost in foreclosure. A Chapter 13 can give you debt relief if you make too much money to file a Chapter 7 or do not want to lose non exempt assets in a Chapter 7.

If I file Chapter 13, will I end up paying all of my debts back?
The majority of those who file Chapter 13 are not required to pay all of their debts back. The repayment is based on your household income, expenses, and non exempt assets.
READ MORE FAQ BELOW

Chapter 13 Frequently Asked Questions

Why file a Chapter 13 bankruptcy?
A Chapter 13 can save your home by giving you 5 years to catch up on your mortgage and your home being lost in foreclosure. A Chapter 13 can give you debt relief if you make too much money to file a Chapter 7 or do not want to lose non exempt assets in a Chapter 7.

If I file Chapter 13, will I end up paying all of my debts back?
The majority of those who file Chapter 13 are not required to pay all of their debts back. The repayment is based on your household income, expenses, and non exempt assets.

How will a Chapter 13 bankruptcy affect my credit?
A Chapter 13 bankruptcy stays on the credit report for 7 years. Notwithstanding the length of time that the bankruptcy stays on your credit report, many people find that they are able to obtain new credit including automobile loans and low money down FHA mortgages during the time that the bankruptcy is still being reported on their credit report.

How can Chapter 13 help save my house?
The filing of a chapter petition results in an automatic stay of the foreclosure proceeding. A Chapter 13 bankruptcy will allow you to make monthly payments to catch up on your back payments.

What is the Mean Test?
The Means Test is used to determine if you qualify for a Chapter 7. It takes into account your family size, household income and expenses to determine if you have disposable income available to pay towards your debts. If you fail to pass the Means Test you may be unable to file a Chapter 7, but still may be able to file Chapter 13. The amount of your disposable income is used to determine the amount of your monthly payment in a Chapter 13 reorganization.

What are exempt assets?
Bankruptcy exemptions are designed to protect a certain amount of your assets in a Chapter 7 bankruptcy. Exemptions also help in determining how much certain creditors will get paid through your bankruptcy plan if you file a Chapter 13 bankruptcy. If you can "exempt" assets in bankruptcy it means that the Chapter 7 trustee cannot take it and sell it to pay your creditors.

What happens if my income goes down or I lose my job while I am in a Chapter 13 case?
If your income goes down or you lose your job, it may be possible to reduce your payment by modifying the Chapter 13 plan. It is also possible to convert your Chapter 13 case to a Chapter 7 if your income now allows you to qualify for Chapter 7.

Can Chapter 13 lower my car payments?
A Chapter 13 can often reduce payments by reducing the amount principal balance owed to the lender based on the current value of the car. It can also reduce the interest rate to a more favorable rate (i.e. not the 12 to 15 % that some people pay with less than perfect credit).

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Chapter 13 Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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Looking for a Chapter 13 Bankruptcy Lawyer in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to providing personalized legal services. Call 954.424.3600 to get bankruptcy help now.

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A chapter 7 discharge will help eliminate credit cards, medical bills, car repossession debt and even some IRS debt.

Call 954.424.3600 to speak with a bankruptcy attorney.

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What is the difference between a Chapter 7 and Chapter 13?
Chapter 7 is a liquidation bankruptcy. A trustee is appointed and can sell your non exempt assets for the benefit of your creditors. Chapter 13 is a reorganization. It can be used to save your home from foreclosure. Your payment to the court is based on your income, expenses and your non exempt assets.

What is a 341 Meeting of Creditors?
At the meeting the trustee will question you about assets, income and issues that may arise after the review of your bankruptcy schedules, tax returns and bank statements. Due to the duration and nature of the meeting, it is very unlikely that any creditors will attend.

How will a Chapter 7 bankruptcy affect my credit?
A Chapter 7 bankruptcy will remain on your credit report for 10 years. Notwithstanding the length of time that the bankruptcy stays on your credit report, many people find that they are able to obtain new credit including automobile loans and low money down FHA mortgages during the time that the bankruptcy is still being reported on their credit report.

Can I transfer assets to someone else before I file a bankruptcy?
Transferring assets to friends or family members prior to the bankruptcy is a terrible idea. Your bankruptcy schedules require you to disclose transfers, the trustee will ask about transfers at the 341 meeting, the trustee can attempt to undo transfers considered to be fraudulent. If a trustee finds out about a transfer that you did not disclose, it can lead to the denial of your bankruptcy discharge.

What is the Mean Test?
The Means Test is used to determine if you qualify for a Chapter 7. It takes into account your family size, household income and expenses to determine if you have disposable income available to pay towards your debts. If you fail to pass the Means Test you may be unable to file a Chapter 7, but still may be able to file Chapter 13. The amount of your disposable income is used to determine the amount of your monthly payment in a Chapter 13 reorganization.

What are exempt assets?
Bankruptcy exemptions are designed to protect a certain amount of your assets in a Chapter 7 bankruptcy. Exemptions also help in determining how much certain creditors will get paid through your bankruptcy plan if you file a Chapter 13 bankruptcy. If you can "exempt" assets in bankruptcy it means that the Chapter 7 trustee cannot take it and sell it to pay your creditors.

Will I lose my house if I file a Chapter 7 in Florida?
Florida has the "Homestead Exemption" which means that 100% of the equity in your home is considered untouchable by your creditors or a federal bankruptcy trustee. There are some exceptions, for example the exemption does not apply to secured creditors such as a mortgage company or association.

Can my Chapter 7 be denied?
It is possible to have your bankruptcy denied, but such denials are reasonably easy to avoid. If you are accurate to the best of your ability when you answer the questions asked on the bankruptcy forms and questions asked by the trustee you should have no issues.

Does a Chapter 7 help if my house is in foreclosure?
Chapter 7 will delay a foreclosure and wipe the possible deficiency claim of the mortgage company if you want to sell it at a short sale or let it be foreclosed. A Chapter 7 will not force the bank to modify your mortgage; you will need a Chapter 13 for that.

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Chapter 7 Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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What is the difference between a Chapter 7 and Chapter 13? Chapter 7 is a liquidation bankruptcy. A trustee is appointed and can sell your non exempt assets for the benefit of your creditors. Chapter 13 is a reorganization. It can be used to save your home from foreclosure.

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Get bankruptcy and foreclosure help - Segaul Law Firm

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Get bankruptcy and foreclosure help - Segaul Law Firm

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The Segaul Law Firm is dedicated to providing personalized legal services. Our people oriented law firm has extensive knowledge of the complexity of our laws. Knowing that not one resolution works for every situation, our clients can be assured that the individual facts of each case will be addressed with customized solutions.

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You Deserve a Fresh Start

Stuff happened and now you feel overwhelmed. You're stressed, and maybe a little bit scared, and you don't know how to get out of the financial situation you find yourself in.

We can help.

But more than just helping, we get it. We know that difficult things happen to good people. We know that life happens and a lot of this wasn't your fault. We want to put you on a path that removes your stress and gives you peace of mind.

So let us help you.

LEARN MORE
Or call 954.424.3600 to get bankruptcy and foreclosure help now.

How We Help Our Clients

Personal Bankruptcy

Everyone deserves a second chance. Life can throw some heavy curveballs at you. At Segaul Law, we know that sometimes you need a fresh start - some breathing room to put your life back together. Bankruptcy may be the right choice for you.
LEARN MORE

Foreclosure Defense

If you are being threatened with foreclosure, you deserve qualified representation to protect your rights. At Segaul Law, we have effective strategies to provide our clients with relief and delay the foreclosure process.
LEARN MORE

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Personal Bankruptcy, Chapter 7 & 13 Attorney in Plantation, Sunrise, Fort Lauderdale

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Looking for a Personal Bankruptcy, Chapter 7 & 13 Attorney in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to serving the legal needs of discriminating businesses and individuals by providing personalized legal services. Call us today!

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At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life.We hold your hand through every step of the bankruptcy process. With us, bankruptcy is not a bad word. It is a meaningful start to a new, better chapter in your life.

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We make it easy for you to get a fresh start.

We know it can feel overwhelming at times and it isn't fair.

At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life.

We hold your hand through every step of the bankruptcy proces. With us, bankruptcy is not a bad word. It is a meaninful start to a new, better chapter in your life. It is the step needed to unburden you from the stress you currently feel so you can be happy again.

So when people ask us if we love what we do, we always say yes. Because we help people.

Call 954.424.3600 to get bankruptcy help now.

Is Bankruptcy Right For You?

The only way to know if bankruptcy is right for you is to talk to a bankruptcy lawyer who wants to help.

You need someone who is honest and ethical and wants the best for you. You will want someone who can explain the situation in plain english that you can understand. Most importantly, you will need someone you can trust.

Bankruptcy law are complex, so you need someone who can make it easy. That's what we do. We review your unique situation and give you the best advice for you. And many times bankruptcy is not the best choice.

So for experienced advice from bankruptcy lawyers who cares only about helping their clients, give Segaul Law Firm a call.

Call 954.424.3600 to get the right advice now.

Types of Personal Bankruptcy

What is Chapter 7?

Chapter 7, also known as a "Liquidation", may be utilized by individuals or business entities.

In a Chapter 7 proceeding, the Debtor can discharge all of his/her unsecured debts, while the secured debt remains unchanged. A Trustee is appointed to collect non-exempt or unprotected assets of the debtor's estate, reduce them to cash, and distribute the net proceeds to creditors, subject to the Debtor's right to retain certain "exempt" property and the rights of secured creditors. An objection to discharge may be filed by the Trustee or a creditor within 60 days following the first Meeting of Creditors.
LEARN MORE

What is Chapter 13?

Chapter 13 which is also known as "Adjustment of Debts of an Individual with Regular Income".

The Debtor is protected from lawsuits, garnishments, and other creditor actions while the Chapter 13 plan is in effect in order to give the Debtor(s) the opportunity to resolve the financial difficulties facing the Debtor(s). Chapter 13 bankruptcy procedures are commonly used to stop repossession, foreclosures and bring home loans current, and/or to repay IRS or real estate taxes over time at interest rates usually less than those charged by the taxing authorities.
LEARN MORE

Client Testimonials

From the first moment we sat down with him our feelings and embarrassment were slowly but surely taken by his calm and serene tone of voice expressing professionalism and absolute knowledge of what he does and represent.

I felt like a failure. I was worried about everything. I received an advertisement in the mail, and it spoke to me.

John's knowledge of the process is superb! Great staff

READ MORE TESTIMONIALS

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Personal Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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We know it can feel overwhelming at times and it isn't fair. At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life. We hold your hand through every step of the bankruptcy proces.

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When Should You Contact a Debt Relief Attorney?

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When Should You Contact a Debt Relief Attorney?

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You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

If you have a lot of debt to pay but have reached a point where you have no way to pay, then it is best to consider reaching out to a debt relief attorney in Plantation. It is true that you have the right to negotiate with the creditors on your own and even work out the arrangements.

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When Should You Contact a Debt Relief Attorney?

You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

If you have a lot of debt to pay but have reached a point where you have no way to pay, then it is best to consider reaching out to a debt relief attorney in Plantation. It is true that you have the right to negotiate with the creditors on your own and even work out the arrangements.

However, if you don't have a debt relief attorney on your side, then you might not be able to succeed. Here are a few situations where the best thing you can do is to hire a professional debt relief attorney plantation.

You Are at The Risk of Losing Your Wages
If you haven't paid your debts for several months, then there is a chance for the creditors to come after your earnings. If you owe the IRS back taxes or if you happen to be delinquent on loans, your wages may end up getting garnished. This is a situation where it is best to have a debt relief attorney at your side.

You Are at Risk of Being Sued by the Creditors
Creditors have the right to start a lawsuit against anyone who hasn't been able to pay them back. If you are at the risk of getting sued by the creditors, you might not know what you should do or how to resolve the problem. This is why it is best to seek the help of a debt settlement attorney because they will know what the best option is for you.

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When Should You Contact a Debt Relief Attorney? - Segaul Firm

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You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

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How Bankruptcy Attorneys Help Their Clients

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How Bankruptcy Attorneys Help Their Clients

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Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

Filing bankruptcy on your own can be a costly mistake and lead to you making even more mistakes too while filing for bankruptcy. Fortunately, you can avoid such mistakes by seeking the help of an experienced bankruptcy attorney in Fort Lauderdale.

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How Bankruptcy Attorneys Help Their Clients

Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

Filing bankruptcy on your own can be a costly mistake and lead to you making even more mistakes too while filing for bankruptcy. Fortunately, you can avoid such mistakes by seeking the help of an experienced bankruptcy attorney in Fort Lauderdale.
Why You Need a Bankruptcy Attorney
Bankruptcy processes can be quite complex and complicated. This means that they may require extensive forms, in-depth research about exemption laws, and more. Mistakes while filing for bankruptcy can result in loss of nonexempt assets, denial of debt discharge, and even criminal cases for fraud in some cases.

A skilled bankruptcy attorney in Fort Lauderdale with years of experience will help clients prevent all of these mistakes. Bankruptcy attorneys will also help clients in many other ways. Here is how bankruptcy lawyers help their clients.

The attorney will ensure that clients understand what legal options available to them

The lawyer will help clients to determine what type of bankruptcy is the best option for them

The bankruptcy attorney will ensure that clients fully comply with the bankruptcy requirements

An experienced attorney will help their clients to protect their property

The attorney will deal with loans and credit cards

The handling of payments will be done by the attorney

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How Bankruptcy Attorneys Help Their Clients - Segaul Firm

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Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

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Segaul Law Firm - Bankruptcy Foreclosure

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Segaul Law Firm - Bankruptcy Foreclosure

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Segaul Law Firm provides foreclosure defense, bankruptcy, and real estate litigation services in Fort Lauderdale and surrounding areas.

Need a real estate, foreclosure defense, or bankruptcy lawyer in Fort Lauderdale, Plantation, Davie, Sunrise or surrounding areas? Call us today to schedule a free, no obligation consultation with our experienced bankruptcy attorney.

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Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Segaul & Stoll, P.A. - a Plantation, Florida (FL) Law Firm

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Segaul & Stoll, P.A., a Plantation, Florida (FL) Law Firm -

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Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Segaul Law Firm, P.A. is a law firm in Fort Lauderdale, FL. Learn more about the Florida lawyers at Segaul Law Firm, P.A. Practice in Bankruptcy & Debt, Real Estate,

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Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Get foreclosure defense help - Segaul Law Firm

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Get foreclosure defense help - Segaul Law Firm

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If you are being threatened with foreclosure, you deserve qualified representation to protect your rights. We at Segaul Law are experts at Foreclosure Defense.

Call 954.424.3600 to get foreclosure defense help now.

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Foreclosure Defense Lawyer in Plantation, Sunrise & Fort Lauderdale

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Looking for a Foreclosure Defense Attorney in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to providing personalized legal services. Call 954.424.3600 to get foreclosure defense help now.

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Chapter 13 Bankruptcy - Segaul Law Firm

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Chapter 13 Bankruptcy - Segaul Law Firm

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When the plan is completed, your remaining unsecured debts will be wiped out or discharged. Many Chapter 13 filers end up paying pennies on the dollar for their unsecured debts.

Call 954.424.3600 to speak with a bankruptcy attorney.

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What is Chapter 13 Bankruptcy?

Chapter 13 is a reorganization for individuals. It is a simpler and less expensive version of a chapter 11 filed by businesses. In Chapter 13, you will work with a Trustee to create a payment plan lasting 3 to 5 years. The plan consolidates and restructures your debt payments to make them more affordable.

To understand chapter 13 you must understand the difference between "secured debt" and "unsecured debt". Secured debt is debt that is attached to collateral such as a mortgage or car loan. Unsecured debt has no collateral. Credit cards and medical bills are examples of unsecured debt.

Chapter 13 can be used to save your home from foreclosure by forcing the bank to work out an affordable payment plan. Typically when a mortgage goes into foreclosure, the mortgage company will demand all of the back payments (the arrearage), plus thousands of dollars in attorney fees and court costs be paid upfront in order to dismiss the case. The Chapter 13 Plan allows you to spread the arrearage payments over five years. After completion of the plan, the mortgage would be reinstated and the foreclosure dismissed.

Car loans can also be modified in chapter 13 in order to decrease the payments. The plan reduces interest rates, stretches out the term of the loan and in some cases strips down the principal amount of the loan based on the value of the car at the time the case is filed.

The Chapter 13 plan will consolidate the payment on your unsecured debt. The plan payment is based on your non-exempt assets and your earnings. The Trustee will calculate your disposable income by taking your average income and subtracting certain expenses according to Floirda and national standards. After you've subtracted your allowable monthly expenses and required payments, you're left with your "disposable income." Certain expenses such as mortgage payments, child and spousal support payments, tax debts, and auto loan payments may be allowed to further reduce your disposable income. Your disposable income is what you'll have to contribute to your Chapter 13 plan each month. You'll make payments to the Bankruptcy Trustee and who will distribute the payments among your creditors. While the plan is in effect, the bankruptcy code protects you from lawsuits, garnishments, and other creditor actions in order to give you the opportunity to resolve the financial difficulties you are facing.

When the plan is completed, your remaining unsecured debts will be wiped out or discharged. Many Chapter 13 filers end up paying pennies on the dollar for their unsecured debts.

Call 954.424.3600 to speak with a bankruptcy attorney.

Chapter 13 Bankruptcy FAQ

Why file a Chapter 13 bankruptcy?
A Chapter 13 can save your home by giving you 5 years to catch up on your mortgage and your home being lost in foreclosure. A Chapter 13 can give you debt relief if you make too much money to file a Chapter 7 or do not want to lose non exempt assets in a Chapter 7.

If I file Chapter 13, will I end up paying all of my debts back?
The majority of those who file Chapter 13 are not required to pay all of their debts back. The repayment is based on your household income, expenses, and non exempt assets.
READ MORE FAQ BELOW

Chapter 13 Frequently Asked Questions

Why file a Chapter 13 bankruptcy?
A Chapter 13 can save your home by giving you 5 years to catch up on your mortgage and your home being lost in foreclosure. A Chapter 13 can give you debt relief if you make too much money to file a Chapter 7 or do not want to lose non exempt assets in a Chapter 7.

If I file Chapter 13, will I end up paying all of my debts back?
The majority of those who file Chapter 13 are not required to pay all of their debts back. The repayment is based on your household income, expenses, and non exempt assets.

How will a Chapter 13 bankruptcy affect my credit?
A Chapter 13 bankruptcy stays on the credit report for 7 years. Notwithstanding the length of time that the bankruptcy stays on your credit report, many people find that they are able to obtain new credit including automobile loans and low money down FHA mortgages during the time that the bankruptcy is still being reported on their credit report.

How can Chapter 13 help save my house?
The filing of a chapter petition results in an automatic stay of the foreclosure proceeding. A Chapter 13 bankruptcy will allow you to make monthly payments to catch up on your back payments.

What is the Mean Test?
The Means Test is used to determine if you qualify for a Chapter 7. It takes into account your family size, household income and expenses to determine if you have disposable income available to pay towards your debts. If you fail to pass the Means Test you may be unable to file a Chapter 7, but still may be able to file Chapter 13. The amount of your disposable income is used to determine the amount of your monthly payment in a Chapter 13 reorganization.

What are exempt assets?
Bankruptcy exemptions are designed to protect a certain amount of your assets in a Chapter 7 bankruptcy. Exemptions also help in determining how much certain creditors will get paid through your bankruptcy plan if you file a Chapter 13 bankruptcy. If you can "exempt" assets in bankruptcy it means that the Chapter 7 trustee cannot take it and sell it to pay your creditors.

What happens if my income goes down or I lose my job while I am in a Chapter 13 case?
If your income goes down or you lose your job, it may be possible to reduce your payment by modifying the Chapter 13 plan. It is also possible to convert your Chapter 13 case to a Chapter 7 if your income now allows you to qualify for Chapter 7.

Can Chapter 13 lower my car payments?
A Chapter 13 can often reduce payments by reducing the amount principal balance owed to the lender based on the current value of the car. It can also reduce the interest rate to a more favorable rate (i.e. not the 12 to 15 % that some people pay with less than perfect credit).

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Chapter 13 Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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Looking for a Chapter 13 Bankruptcy Lawyer in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to providing personalized legal services. Call 954.424.3600 to get bankruptcy help now.

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A chapter 7 discharge will help eliminate credit cards, medical bills, car repossession debt and even some IRS debt.

Call 954.424.3600 to speak with a bankruptcy attorney.

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What is the difference between a Chapter 7 and Chapter 13?
Chapter 7 is a liquidation bankruptcy. A trustee is appointed and can sell your non exempt assets for the benefit of your creditors. Chapter 13 is a reorganization. It can be used to save your home from foreclosure. Your payment to the court is based on your income, expenses and your non exempt assets.

What is a 341 Meeting of Creditors?
At the meeting the trustee will question you about assets, income and issues that may arise after the review of your bankruptcy schedules, tax returns and bank statements. Due to the duration and nature of the meeting, it is very unlikely that any creditors will attend.

How will a Chapter 7 bankruptcy affect my credit?
A Chapter 7 bankruptcy will remain on your credit report for 10 years. Notwithstanding the length of time that the bankruptcy stays on your credit report, many people find that they are able to obtain new credit including automobile loans and low money down FHA mortgages during the time that the bankruptcy is still being reported on their credit report.

Can I transfer assets to someone else before I file a bankruptcy?
Transferring assets to friends or family members prior to the bankruptcy is a terrible idea. Your bankruptcy schedules require you to disclose transfers, the trustee will ask about transfers at the 341 meeting, the trustee can attempt to undo transfers considered to be fraudulent. If a trustee finds out about a transfer that you did not disclose, it can lead to the denial of your bankruptcy discharge.

What is the Mean Test?
The Means Test is used to determine if you qualify for a Chapter 7. It takes into account your family size, household income and expenses to determine if you have disposable income available to pay towards your debts. If you fail to pass the Means Test you may be unable to file a Chapter 7, but still may be able to file Chapter 13. The amount of your disposable income is used to determine the amount of your monthly payment in a Chapter 13 reorganization.

What are exempt assets?
Bankruptcy exemptions are designed to protect a certain amount of your assets in a Chapter 7 bankruptcy. Exemptions also help in determining how much certain creditors will get paid through your bankruptcy plan if you file a Chapter 13 bankruptcy. If you can "exempt" assets in bankruptcy it means that the Chapter 7 trustee cannot take it and sell it to pay your creditors.

Will I lose my house if I file a Chapter 7 in Florida?
Florida has the "Homestead Exemption" which means that 100% of the equity in your home is considered untouchable by your creditors or a federal bankruptcy trustee. There are some exceptions, for example the exemption does not apply to secured creditors such as a mortgage company or association.

Can my Chapter 7 be denied?
It is possible to have your bankruptcy denied, but such denials are reasonably easy to avoid. If you are accurate to the best of your ability when you answer the questions asked on the bankruptcy forms and questions asked by the trustee you should have no issues.

Does a Chapter 7 help if my house is in foreclosure?
Chapter 7 will delay a foreclosure and wipe the possible deficiency claim of the mortgage company if you want to sell it at a short sale or let it be foreclosed. A Chapter 7 will not force the bank to modify your mortgage; you will need a Chapter 13 for that.

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Chapter 7 Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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What is the difference between a Chapter 7 and Chapter 13? Chapter 7 is a liquidation bankruptcy. A trustee is appointed and can sell your non exempt assets for the benefit of your creditors. Chapter 13 is a reorganization. It can be used to save your home from foreclosure.

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Get bankruptcy and foreclosure help - Segaul Law Firm

# data[].attributes.subject
Get bankruptcy and foreclosure help - Segaul Law Firm

# data[].attributes.body
The Segaul Law Firm is dedicated to providing personalized legal services. Our people oriented law firm has extensive knowledge of the complexity of our laws. Knowing that not one resolution works for every situation, our clients can be assured that the individual facts of each case will be addressed with customized solutions.

# data[].attributes.attachment_link.readable_text
You Deserve a Fresh Start

Stuff happened and now you feel overwhelmed. You're stressed, and maybe a little bit scared, and you don't know how to get out of the financial situation you find yourself in.

We can help.

But more than just helping, we get it. We know that difficult things happen to good people. We know that life happens and a lot of this wasn't your fault. We want to put you on a path that removes your stress and gives you peace of mind.

So let us help you.

LEARN MORE
Or call 954.424.3600 to get bankruptcy and foreclosure help now.

How We Help Our Clients

Personal Bankruptcy

Everyone deserves a second chance. Life can throw some heavy curveballs at you. At Segaul Law, we know that sometimes you need a fresh start - some breathing room to put your life back together. Bankruptcy may be the right choice for you.
LEARN MORE

Foreclosure Defense

If you are being threatened with foreclosure, you deserve qualified representation to protect your rights. At Segaul Law, we have effective strategies to provide our clients with relief and delay the foreclosure process.
LEARN MORE

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Personal Bankruptcy, Chapter 7 & 13 Attorney in Plantation, Sunrise, Fort Lauderdale

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Looking for a Personal Bankruptcy, Chapter 7 & 13 Attorney in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to serving the legal needs of discriminating businesses and individuals by providing personalized legal services. Call us today!

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At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life.We hold your hand through every step of the bankruptcy process. With us, bankruptcy is not a bad word. It is a meaningful start to a new, better chapter in your life.

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We make it easy for you to get a fresh start.

We know it can feel overwhelming at times and it isn't fair.

At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life.

We hold your hand through every step of the bankruptcy proces. With us, bankruptcy is not a bad word. It is a meaninful start to a new, better chapter in your life. It is the step needed to unburden you from the stress you currently feel so you can be happy again.

So when people ask us if we love what we do, we always say yes. Because we help people.

Call 954.424.3600 to get bankruptcy help now.

Is Bankruptcy Right For You?

The only way to know if bankruptcy is right for you is to talk to a bankruptcy lawyer who wants to help.

You need someone who is honest and ethical and wants the best for you. You will want someone who can explain the situation in plain english that you can understand. Most importantly, you will need someone you can trust.

Bankruptcy law are complex, so you need someone who can make it easy. That's what we do. We review your unique situation and give you the best advice for you. And many times bankruptcy is not the best choice.

So for experienced advice from bankruptcy lawyers who cares only about helping their clients, give Segaul Law Firm a call.

Call 954.424.3600 to get the right advice now.

Types of Personal Bankruptcy

What is Chapter 7?

Chapter 7, also known as a "Liquidation", may be utilized by individuals or business entities.

In a Chapter 7 proceeding, the Debtor can discharge all of his/her unsecured debts, while the secured debt remains unchanged. A Trustee is appointed to collect non-exempt or unprotected assets of the debtor's estate, reduce them to cash, and distribute the net proceeds to creditors, subject to the Debtor's right to retain certain "exempt" property and the rights of secured creditors. An objection to discharge may be filed by the Trustee or a creditor within 60 days following the first Meeting of Creditors.
LEARN MORE

What is Chapter 13?

Chapter 13 which is also known as "Adjustment of Debts of an Individual with Regular Income".

The Debtor is protected from lawsuits, garnishments, and other creditor actions while the Chapter 13 plan is in effect in order to give the Debtor(s) the opportunity to resolve the financial difficulties facing the Debtor(s). Chapter 13 bankruptcy procedures are commonly used to stop repossession, foreclosures and bring home loans current, and/or to repay IRS or real estate taxes over time at interest rates usually less than those charged by the taxing authorities.
LEARN MORE

Client Testimonials

From the first moment we sat down with him our feelings and embarrassment were slowly but surely taken by his calm and serene tone of voice expressing professionalism and absolute knowledge of what he does and represent.

I felt like a failure. I was worried about everything. I received an advertisement in the mail, and it spoke to me.

John's knowledge of the process is superb! Great staff

READ MORE TESTIMONIALS

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Personal Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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We know it can feel overwhelming at times and it isn't fair. At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life. We hold your hand through every step of the bankruptcy proces.

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When Should You Contact a Debt Relief Attorney?

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When Should You Contact a Debt Relief Attorney?

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You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

If you have a lot of debt to pay but have reached a point where you have no way to pay, then it is best to consider reaching out to a debt relief attorney in Plantation. It is true that you have the right to negotiate with the creditors on your own and even work out the arrangements.

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When Should You Contact a Debt Relief Attorney?

You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

If you have a lot of debt to pay but have reached a point where you have no way to pay, then it is best to consider reaching out to a debt relief attorney in Plantation. It is true that you have the right to negotiate with the creditors on your own and even work out the arrangements.

However, if you don't have a debt relief attorney on your side, then you might not be able to succeed. Here are a few situations where the best thing you can do is to hire a professional debt relief attorney plantation.

You Are at The Risk of Losing Your Wages
If you haven't paid your debts for several months, then there is a chance for the creditors to come after your earnings. If you owe the IRS back taxes or if you happen to be delinquent on loans, your wages may end up getting garnished. This is a situation where it is best to have a debt relief attorney at your side.

You Are at Risk of Being Sued by the Creditors
Creditors have the right to start a lawsuit against anyone who hasn't been able to pay them back. If you are at the risk of getting sued by the creditors, you might not know what you should do or how to resolve the problem. This is why it is best to seek the help of a debt settlement attorney because they will know what the best option is for you.

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When Should You Contact a Debt Relief Attorney? - Segaul Firm

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You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

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How Bankruptcy Attorneys Help Their Clients

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How Bankruptcy Attorneys Help Their Clients

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Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

Filing bankruptcy on your own can be a costly mistake and lead to you making even more mistakes too while filing for bankruptcy. Fortunately, you can avoid such mistakes by seeking the help of an experienced bankruptcy attorney in Fort Lauderdale.

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How Bankruptcy Attorneys Help Their Clients

Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

Filing bankruptcy on your own can be a costly mistake and lead to you making even more mistakes too while filing for bankruptcy. Fortunately, you can avoid such mistakes by seeking the help of an experienced bankruptcy attorney in Fort Lauderdale.
Why You Need a Bankruptcy Attorney
Bankruptcy processes can be quite complex and complicated. This means that they may require extensive forms, in-depth research about exemption laws, and more. Mistakes while filing for bankruptcy can result in loss of nonexempt assets, denial of debt discharge, and even criminal cases for fraud in some cases.

A skilled bankruptcy attorney in Fort Lauderdale with years of experience will help clients prevent all of these mistakes. Bankruptcy attorneys will also help clients in many other ways. Here is how bankruptcy lawyers help their clients.

The attorney will ensure that clients understand what legal options available to them

The lawyer will help clients to determine what type of bankruptcy is the best option for them

The bankruptcy attorney will ensure that clients fully comply with the bankruptcy requirements

An experienced attorney will help their clients to protect their property

The attorney will deal with loans and credit cards

The handling of payments will be done by the attorney

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How Bankruptcy Attorneys Help Their Clients - Segaul Firm

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Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

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Segaul Law Firm - Bankruptcy Foreclosure

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Segaul Law Firm - Bankruptcy Foreclosure

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Segaul Law Firm provides foreclosure defense, bankruptcy, and real estate litigation services in Fort Lauderdale and surrounding areas.

Need a real estate, foreclosure defense, or bankruptcy lawyer in Fort Lauderdale, Plantation, Davie, Sunrise or surrounding areas? Call us today to schedule a free, no obligation consultation with our experienced bankruptcy attorney.

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Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Segaul & Stoll, P.A. - a Plantation, Florida (FL) Law Firm

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Segaul & Stoll, P.A., a Plantation, Florida (FL) Law Firm -

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Located in Plantation Florida, Segaul Law Firm and attorney John Segaul has helped thousands of individuals and families file chapter 7 and chapter 13 bankruptcy. Segaul Law Firm offers free consultations, reasonable fees and payment plans.

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Segaul Law Firm, PA Overview

Located in Plantation Florida, Segaul Law Firm and attorney John Segaul has helped thousands of individuals and families file chapter 7 and chapter 13 bankruptcy. Segaul Law Firm offers free consultations, reasonable fees and payment plans.

Segaul Law Firm, PA Areas of Law

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Located in Plantation Florida, Segaul Law Firm and attorney John Segaul has helped thousands of individuals and families file chapter 7 and chapter 13 bankruptcy. Segaul Law Firm offers free consultations, reasonable fees and payment plans.

# data[].attributes.body
Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Segaul Law Firm, P.A. is a law firm in Fort Lauderdale, FL. Learn more about the Florida lawyers at Segaul Law Firm, P.A. Practice in Bankruptcy & Debt, Real Estate,

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Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Get foreclosure defense help - Segaul Law Firm

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Get foreclosure defense help - Segaul Law Firm

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If you are being threatened with foreclosure, you deserve qualified representation to protect your rights. We at Segaul Law are experts at Foreclosure Defense.Call 954.424.3600 to get foreclosure defense help now.

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Foreclosure Defense Lawyer in Plantation, Sunrise & Fort Lauderdale

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Looking for a Foreclosure Defense Attorney in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to providing personalized legal services. Call 954.424.3600 to get foreclosure defense help now.

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Chapter 13 Bankruptcy - Segaul Law Firm

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Chapter 13 Bankruptcy - Segaul Law Firm

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When the plan is completed, your remaining unsecured debts will be wiped out or discharged. Many Chapter 13 filers end up paying pennies on the dollar for their unsecured debts.

Call 954.424.3600 to speak with a bankruptcy attorney.

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What is Chapter 13 Bankruptcy?

Chapter 13 is a reorganization for individuals. It is a simpler and less expensive version of a chapter 11 filed by businesses. In Chapter 13, you will work with a Trustee to create a payment plan lasting 3 to 5 years. The plan consolidates and restructures your debt payments to make them more affordable.

To understand chapter 13 you must understand the difference between "secured debt" and "unsecured debt". Secured debt is debt that is attached to collateral such as a mortgage or car loan. Unsecured debt has no collateral. Credit cards and medical bills are examples of unsecured debt.

Chapter 13 can be used to save your home from foreclosure by forcing the bank to work out an affordable payment plan. Typically when a mortgage goes into foreclosure, the mortgage company will demand all of the back payments (the arrearage), plus thousands of dollars in attorney fees and court costs be paid upfront in order to dismiss the case. The Chapter 13 Plan allows you to spread the arrearage payments over five years. After completion of the plan, the mortgage would be reinstated and the foreclosure dismissed.

Car loans can also be modified in chapter 13 in order to decrease the payments. The plan reduces interest rates, stretches out the term of the loan and in some cases strips down the principal amount of the loan based on the value of the car at the time the case is filed.

The Chapter 13 plan will consolidate the payment on your unsecured debt. The plan payment is based on your non-exempt assets and your earnings. The Trustee will calculate your disposable income by taking your average income and subtracting certain expenses according to Floirda and national standards. After you've subtracted your allowable monthly expenses and required payments, you're left with your "disposable income." Certain expenses such as mortgage payments, child and spousal support payments, tax debts, and auto loan payments may be allowed to further reduce your disposable income. Your disposable income is what you'll have to contribute to your Chapter 13 plan each month. You'll make payments to the Bankruptcy Trustee and who will distribute the payments among your creditors. While the plan is in effect, the bankruptcy code protects you from lawsuits, garnishments, and other creditor actions in order to give you the opportunity to resolve the financial difficulties you are facing.

When the plan is completed, your remaining unsecured debts will be wiped out or discharged. Many Chapter 13 filers end up paying pennies on the dollar for their unsecured debts.

Call 954.424.3600 to speak with a bankruptcy attorney.

Chapter 13 Bankruptcy FAQ

Why file a Chapter 13 bankruptcy?
A Chapter 13 can save your home by giving you 5 years to catch up on your mortgage and your home being lost in foreclosure. A Chapter 13 can give you debt relief if you make too much money to file a Chapter 7 or do not want to lose non exempt assets in a Chapter 7.

If I file Chapter 13, will I end up paying all of my debts back?
The majority of those who file Chapter 13 are not required to pay all of their debts back. The repayment is based on your household income, expenses, and non exempt assets.
READ MORE FAQ BELOW

Chapter 13 Frequently Asked Questions

Why file a Chapter 13 bankruptcy?
A Chapter 13 can save your home by giving you 5 years to catch up on your mortgage and your home being lost in foreclosure. A Chapter 13 can give you debt relief if you make too much money to file a Chapter 7 or do not want to lose non exempt assets in a Chapter 7.

If I file Chapter 13, will I end up paying all of my debts back?
The majority of those who file Chapter 13 are not required to pay all of their debts back. The repayment is based on your household income, expenses, and non exempt assets.

How will a Chapter 13 bankruptcy affect my credit?
A Chapter 13 bankruptcy stays on the credit report for 7 years. Notwithstanding the length of time that the bankruptcy stays on your credit report, many people find that they are able to obtain new credit including automobile loans and low money down FHA mortgages during the time that the bankruptcy is still being reported on their credit report.

How can Chapter 13 help save my house?
The filing of a chapter petition results in an automatic stay of the foreclosure proceeding. A Chapter 13 bankruptcy will allow you to make monthly payments to catch up on your back payments.

What is the Mean Test?
The Means Test is used to determine if you qualify for a Chapter 7. It takes into account your family size, household income and expenses to determine if you have disposable income available to pay towards your debts. If you fail to pass the Means Test you may be unable to file a Chapter 7, but still may be able to file Chapter 13. The amount of your disposable income is used to determine the amount of your monthly payment in a Chapter 13 reorganization.

What are exempt assets?
Bankruptcy exemptions are designed to protect a certain amount of your assets in a Chapter 7 bankruptcy. Exemptions also help in determining how much certain creditors will get paid through your bankruptcy plan if you file a Chapter 13 bankruptcy. If you can "exempt" assets in bankruptcy it means that the Chapter 7 trustee cannot take it and sell it to pay your creditors.

What happens if my income goes down or I lose my job while I am in a Chapter 13 case?
If your income goes down or you lose your job, it may be possible to reduce your payment by modifying the Chapter 13 plan. It is also possible to convert your Chapter 13 case to a Chapter 7 if your income now allows you to qualify for Chapter 7.

Can Chapter 13 lower my car payments?
A Chapter 13 can often reduce payments by reducing the amount principal balance owed to the lender based on the current value of the car. It can also reduce the interest rate to a more favorable rate (i.e. not the 12 to 15 % that some people pay with less than perfect credit).

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Chapter 13 Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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Looking for a Chapter 13 Bankruptcy Lawyer in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to providing personalized legal services. Call 954.424.3600 to get bankruptcy help now.

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A chapter 7 discharge will help eliminate credit cards, medical bills, car repossession debt and even some IRS debt.

Call 954.424.3600 to speak with a bankruptcy attorney.

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What is the difference between a Chapter 7 and Chapter 13?
Chapter 7 is a liquidation bankruptcy. A trustee is appointed and can sell your non exempt assets for the benefit of your creditors. Chapter 13 is a reorganization. It can be used to save your home from foreclosure. Your payment to the court is based on your income, expenses and your non exempt assets.

What is a 341 Meeting of Creditors?
At the meeting the trustee will question you about assets, income and issues that may arise after the review of your bankruptcy schedules, tax returns and bank statements. Due to the duration and nature of the meeting, it is very unlikely that any creditors will attend.

How will a Chapter 7 bankruptcy affect my credit?
A Chapter 7 bankruptcy will remain on your credit report for 10 years. Notwithstanding the length of time that the bankruptcy stays on your credit report, many people find that they are able to obtain new credit including automobile loans and low money down FHA mortgages during the time that the bankruptcy is still being reported on their credit report.

Can I transfer assets to someone else before I file a bankruptcy?
Transferring assets to friends or family members prior to the bankruptcy is a terrible idea. Your bankruptcy schedules require you to disclose transfers, the trustee will ask about transfers at the 341 meeting, the trustee can attempt to undo transfers considered to be fraudulent. If a trustee finds out about a transfer that you did not disclose, it can lead to the denial of your bankruptcy discharge.

What is the Mean Test?
The Means Test is used to determine if you qualify for a Chapter 7. It takes into account your family size, household income and expenses to determine if you have disposable income available to pay towards your debts. If you fail to pass the Means Test you may be unable to file a Chapter 7, but still may be able to file Chapter 13. The amount of your disposable income is used to determine the amount of your monthly payment in a Chapter 13 reorganization.

What are exempt assets?
Bankruptcy exemptions are designed to protect a certain amount of your assets in a Chapter 7 bankruptcy. Exemptions also help in determining how much certain creditors will get paid through your bankruptcy plan if you file a Chapter 13 bankruptcy. If you can "exempt" assets in bankruptcy it means that the Chapter 7 trustee cannot take it and sell it to pay your creditors.

Will I lose my house if I file a Chapter 7 in Florida?
Florida has the "Homestead Exemption" which means that 100% of the equity in your home is considered untouchable by your creditors or a federal bankruptcy trustee. There are some exceptions, for example the exemption does not apply to secured creditors such as a mortgage company or association.

Can my Chapter 7 be denied?
It is possible to have your bankruptcy denied, but such denials are reasonably easy to avoid. If you are accurate to the best of your ability when you answer the questions asked on the bankruptcy forms and questions asked by the trustee you should have no issues.

Does a Chapter 7 help if my house is in foreclosure?
Chapter 7 will delay a foreclosure and wipe the possible deficiency claim of the mortgage company if you want to sell it at a short sale or let it be foreclosed. A Chapter 7 will not force the bank to modify your mortgage; you will need a Chapter 13 for that.

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Chapter 7 Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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What is the difference between a Chapter 7 and Chapter 13? Chapter 7 is a liquidation bankruptcy. A trustee is appointed and can sell your non exempt assets for the benefit of your creditors. Chapter 13 is a reorganization. It can be used to save your home from foreclosure.

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Get bankruptcy and foreclosure help - Segaul Law Firm

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Get bankruptcy and foreclosure help - Segaul Law Firm

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The Segaul Law Firm is dedicated to providing personalized legal services. Our people oriented law firm has extensive knowledge of the complexity of our laws. Knowing that not one resolution works for every situation, our clients can be assured that the individual facts of each case will be addressed with customized solutions.

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You Deserve a Fresh Start

Stuff happened and now you feel overwhelmed. You're stressed, and maybe a little bit scared, and you don't know how to get out of the financial situation you find yourself in.

We can help.

But more than just helping, we get it. We know that difficult things happen to good people. We know that life happens and a lot of this wasn't your fault. We want to put you on a path that removes your stress and gives you peace of mind.

So let us help you.

LEARN MORE
Or call 954.424.3600 to get bankruptcy and foreclosure help now.

How We Help Our Clients

Personal Bankruptcy

Everyone deserves a second chance. Life can throw some heavy curveballs at you. At Segaul Law, we know that sometimes you need a fresh start - some breathing room to put your life back together. Bankruptcy may be the right choice for you.
LEARN MORE

Foreclosure Defense

If you are being threatened with foreclosure, you deserve qualified representation to protect your rights. At Segaul Law, we have effective strategies to provide our clients with relief and delay the foreclosure process.
LEARN MORE

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Personal Bankruptcy, Chapter 7 & 13 Attorney in Plantation, Sunrise, Fort Lauderdale

# data[].attributes.attachment_link.description
Looking for a Personal Bankruptcy, Chapter 7 & 13 Attorney in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to serving the legal needs of discriminating businesses and individuals by providing personalized legal services. Call us today!

# data[].attributes.body
At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life.We hold your hand through every step of the bankruptcy process. With us, bankruptcy is not a bad word. It is a meaningful start to a new, better chapter in your life.

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We make it easy for you to get a fresh start.

We know it can feel overwhelming at times and it isn't fair.

At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life.

We hold your hand through every step of the bankruptcy proces. With us, bankruptcy is not a bad word. It is a meaninful start to a new, better chapter in your life. It is the step needed to unburden you from the stress you currently feel so you can be happy again.

So when people ask us if we love what we do, we always say yes. Because we help people.

Call 954.424.3600 to get bankruptcy help now.

Is Bankruptcy Right For You?

The only way to know if bankruptcy is right for you is to talk to a bankruptcy lawyer who wants to help.

You need someone who is honest and ethical and wants the best for you. You will want someone who can explain the situation in plain english that you can understand. Most importantly, you will need someone you can trust.

Bankruptcy law are complex, so you need someone who can make it easy. That's what we do. We review your unique situation and give you the best advice for you. And many times bankruptcy is not the best choice.

So for experienced advice from bankruptcy lawyers who cares only about helping their clients, give Segaul Law Firm a call.

Call 954.424.3600 to get the right advice now.

Types of Personal Bankruptcy

What is Chapter 7?

Chapter 7, also known as a "Liquidation", may be utilized by individuals or business entities.

In a Chapter 7 proceeding, the Debtor can discharge all of his/her unsecured debts, while the secured debt remains unchanged. A Trustee is appointed to collect non-exempt or unprotected assets of the debtor's estate, reduce them to cash, and distribute the net proceeds to creditors, subject to the Debtor's right to retain certain "exempt" property and the rights of secured creditors. An objection to discharge may be filed by the Trustee or a creditor within 60 days following the first Meeting of Creditors.
LEARN MORE

What is Chapter 13?

Chapter 13 which is also known as "Adjustment of Debts of an Individual with Regular Income".

The Debtor is protected from lawsuits, garnishments, and other creditor actions while the Chapter 13 plan is in effect in order to give the Debtor(s) the opportunity to resolve the financial difficulties facing the Debtor(s). Chapter 13 bankruptcy procedures are commonly used to stop repossession, foreclosures and bring home loans current, and/or to repay IRS or real estate taxes over time at interest rates usually less than those charged by the taxing authorities.
LEARN MORE

Client Testimonials

From the first moment we sat down with him our feelings and embarrassment were slowly but surely taken by his calm and serene tone of voice expressing professionalism and absolute knowledge of what he does and represent.

I felt like a failure. I was worried about everything. I received an advertisement in the mail, and it spoke to me.

John's knowledge of the process is superb! Great staff

READ MORE TESTIMONIALS

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Personal Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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We know it can feel overwhelming at times and it isn't fair. At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life. We hold your hand through every step of the bankruptcy proces.

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When Should You Contact a Debt Relief Attorney?

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When Should You Contact a Debt Relief Attorney?

# data[].attributes.body
You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

If you have a lot of debt to pay but have reached a point where you have no way to pay, then it is best to consider reaching out to a debt relief attorney in Plantation. It is true that you have the right to negotiate with the creditors on your own and even work out the arrangements.

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When Should You Contact a Debt Relief Attorney?

You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

If you have a lot of debt to pay but have reached a point where you have no way to pay, then it is best to consider reaching out to a debt relief attorney in Plantation. It is true that you have the right to negotiate with the creditors on your own and even work out the arrangements.

However, if you don't have a debt relief attorney on your side, then you might not be able to succeed. Here are a few situations where the best thing you can do is to hire a professional debt relief attorney plantation.

You Are at The Risk of Losing Your Wages
If you haven't paid your debts for several months, then there is a chance for the creditors to come after your earnings. If you owe the IRS back taxes or if you happen to be delinquent on loans, your wages may end up getting garnished. This is a situation where it is best to have a debt relief attorney at your side.

You Are at Risk of Being Sued by the Creditors
Creditors have the right to start a lawsuit against anyone who hasn't been able to pay them back. If you are at the risk of getting sued by the creditors, you might not know what you should do or how to resolve the problem. This is why it is best to seek the help of a debt settlement attorney because they will know what the best option is for you.

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When Should You Contact a Debt Relief Attorney? - Segaul Firm

# data[].attributes.attachment_link.description
You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

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How Bankruptcy Attorneys Help Their Clients

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How Bankruptcy Attorneys Help Their Clients

# data[].attributes.body
Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

Filing bankruptcy on your own can be a costly mistake and lead to you making even more mistakes too while filing for bankruptcy. Fortunately, you can avoid such mistakes by seeking the help of an experienced bankruptcy attorney in Fort Lauderdale.

# data[].attributes.attachment_link.readable_text
How Bankruptcy Attorneys Help Their Clients

Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

Filing bankruptcy on your own can be a costly mistake and lead to you making even more mistakes too while filing for bankruptcy. Fortunately, you can avoid such mistakes by seeking the help of an experienced bankruptcy attorney in Fort Lauderdale.
Why You Need a Bankruptcy Attorney
Bankruptcy processes can be quite complex and complicated. This means that they may require extensive forms, in-depth research about exemption laws, and more. Mistakes while filing for bankruptcy can result in loss of nonexempt assets, denial of debt discharge, and even criminal cases for fraud in some cases.

A skilled bankruptcy attorney in Fort Lauderdale with years of experience will help clients prevent all of these mistakes. Bankruptcy attorneys will also help clients in many other ways. Here is how bankruptcy lawyers help their clients.

The attorney will ensure that clients understand what legal options available to them

The lawyer will help clients to determine what type of bankruptcy is the best option for them

The bankruptcy attorney will ensure that clients fully comply with the bankruptcy requirements

An experienced attorney will help their clients to protect their property

The attorney will deal with loans and credit cards

The handling of payments will be done by the attorney

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How Bankruptcy Attorneys Help Their Clients - Segaul Firm

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Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

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Segaul Law Firm - Bankruptcy Foreclosure

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Segaul Law Firm - Bankruptcy Foreclosure

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Segaul Law Firm provides foreclosure defense, bankruptcy, and real estate litigation services in Fort Lauderdale and surrounding areas.

Need a real estate, foreclosure defense, or bankruptcy lawyer in Fort Lauderdale, Plantation, Davie, Sunrise or surrounding areas? Call us today to schedule a free, no obligation consultation with our experienced bankruptcy attorney.

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Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Segaul & Stoll, P.A. - a Plantation, Florida (FL) Law Firm

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Segaul & Stoll, P.A., a Plantation, Florida (FL) Law Firm -

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Located in Plantation Florida, Segaul Law Firm and attorney John Segaul has helped thousands of individuals and families file chapter 7 and chapter 13 bankruptcy. Segaul Law Firm offers free consultations, reasonable fees and payment plans.

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Segaul Law Firm, PA Overview

Located in Plantation Florida, Segaul Law Firm and attorney John Segaul has helped thousands of individuals and families file chapter 7 and chapter 13 bankruptcy. Segaul Law Firm offers free consultations, reasonable fees and payment plans.

Segaul Law Firm, PA Areas of Law

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Located in Plantation Florida, Segaul Law Firm and attorney John Segaul has helped thousands of individuals and families file chapter 7 and chapter 13 bankruptcy. Segaul Law Firm offers free consultations, reasonable fees and payment plans.

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Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Segaul Law Firm, P.A. is a law firm in Fort Lauderdale, FL. Learn more about the Florida lawyers at Segaul Law Firm, P.A. Practice in Bankruptcy & Debt, Real Estate,

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Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Get foreclosure defense help - Segaul Law Firm

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Get foreclosure defense help - Segaul Law Firm

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If you are being threatened with foreclosure, you deserve qualified representation to protect your rights. We at Segaul Law are experts at Foreclosure Defense.

Call 954.424.3600 to get foreclosure defense help now.

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Foreclosure Defense Lawyer in Plantation, Sunrise & Fort Lauderdale

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Looking for a Foreclosure Defense Attorney in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to providing personalized legal services. Call 954.424.3600 to get foreclosure defense help now.

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Chapter 13 Bankruptcy - Segaul Law Firm

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Chapter 13 Bankruptcy - Segaul Law Firm

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When the plan is completed, your remaining unsecured debts will be wiped out or discharged. Many Chapter 13 filers end up paying pennies on the dollar for their unsecured debts.

Call 954.424.3600 to speak with a bankruptcy attorney.

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What is Chapter 13 Bankruptcy?

Chapter 13 is a reorganization for individuals. It is a simpler and less expensive version of a chapter 11 filed by businesses. In Chapter 13, you will work with a Trustee to create a payment plan lasting 3 to 5 years. The plan consolidates and restructures your debt payments to make them more affordable.

To understand chapter 13 you must understand the difference between "secured debt" and "unsecured debt". Secured debt is debt that is attached to collateral such as a mortgage or car loan. Unsecured debt has no collateral. Credit cards and medical bills are examples of unsecured debt.

Chapter 13 can be used to save your home from foreclosure by forcing the bank to work out an affordable payment plan. Typically when a mortgage goes into foreclosure, the mortgage company will demand all of the back payments (the arrearage), plus thousands of dollars in attorney fees and court costs be paid upfront in order to dismiss the case. The Chapter 13 Plan allows you to spread the arrearage payments over five years. After completion of the plan, the mortgage would be reinstated and the foreclosure dismissed.

Car loans can also be modified in chapter 13 in order to decrease the payments. The plan reduces interest rates, stretches out the term of the loan and in some cases strips down the principal amount of the loan based on the value of the car at the time the case is filed.

The Chapter 13 plan will consolidate the payment on your unsecured debt. The plan payment is based on your non-exempt assets and your earnings. The Trustee will calculate your disposable income by taking your average income and subtracting certain expenses according to Floirda and national standards. After you've subtracted your allowable monthly expenses and required payments, you're left with your "disposable income." Certain expenses such as mortgage payments, child and spousal support payments, tax debts, and auto loan payments may be allowed to further reduce your disposable income. Your disposable income is what you'll have to contribute to your Chapter 13 plan each month. You'll make payments to the Bankruptcy Trustee and who will distribute the payments among your creditors. While the plan is in effect, the bankruptcy code protects you from lawsuits, garnishments, and other creditor actions in order to give you the opportunity to resolve the financial difficulties you are facing.

When the plan is completed, your remaining unsecured debts will be wiped out or discharged. Many Chapter 13 filers end up paying pennies on the dollar for their unsecured debts.

Call 954.424.3600 to speak with a bankruptcy attorney.

Chapter 13 Bankruptcy FAQ

Why file a Chapter 13 bankruptcy?
A Chapter 13 can save your home by giving you 5 years to catch up on your mortgage and your home being lost in foreclosure. A Chapter 13 can give you debt relief if you make too much money to file a Chapter 7 or do not want to lose non exempt assets in a Chapter 7.

If I file Chapter 13, will I end up paying all of my debts back?
The majority of those who file Chapter 13 are not required to pay all of their debts back. The repayment is based on your household income, expenses, and non exempt assets.
READ MORE FAQ BELOW

Chapter 13 Frequently Asked Questions

Why file a Chapter 13 bankruptcy?
A Chapter 13 can save your home by giving you 5 years to catch up on your mortgage and your home being lost in foreclosure. A Chapter 13 can give you debt relief if you make too much money to file a Chapter 7 or do not want to lose non exempt assets in a Chapter 7.

If I file Chapter 13, will I end up paying all of my debts back?
The majority of those who file Chapter 13 are not required to pay all of their debts back. The repayment is based on your household income, expenses, and non exempt assets.

How will a Chapter 13 bankruptcy affect my credit?
A Chapter 13 bankruptcy stays on the credit report for 7 years. Notwithstanding the length of time that the bankruptcy stays on your credit report, many people find that they are able to obtain new credit including automobile loans and low money down FHA mortgages during the time that the bankruptcy is still being reported on their credit report.

How can Chapter 13 help save my house?
The filing of a chapter petition results in an automatic stay of the foreclosure proceeding. A Chapter 13 bankruptcy will allow you to make monthly payments to catch up on your back payments.

What is the Mean Test?
The Means Test is used to determine if you qualify for a Chapter 7. It takes into account your family size, household income and expenses to determine if you have disposable income available to pay towards your debts. If you fail to pass the Means Test you may be unable to file a Chapter 7, but still may be able to file Chapter 13. The amount of your disposable income is used to determine the amount of your monthly payment in a Chapter 13 reorganization.

What are exempt assets?
Bankruptcy exemptions are designed to protect a certain amount of your assets in a Chapter 7 bankruptcy. Exemptions also help in determining how much certain creditors will get paid through your bankruptcy plan if you file a Chapter 13 bankruptcy. If you can "exempt" assets in bankruptcy it means that the Chapter 7 trustee cannot take it and sell it to pay your creditors.

What happens if my income goes down or I lose my job while I am in a Chapter 13 case?
If your income goes down or you lose your job, it may be possible to reduce your payment by modifying the Chapter 13 plan. It is also possible to convert your Chapter 13 case to a Chapter 7 if your income now allows you to qualify for Chapter 7.

Can Chapter 13 lower my car payments?
A Chapter 13 can often reduce payments by reducing the amount principal balance owed to the lender based on the current value of the car. It can also reduce the interest rate to a more favorable rate (i.e. not the 12 to 15 % that some people pay with less than perfect credit).

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Chapter 13 Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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Looking for a Chapter 13 Bankruptcy Lawyer in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to providing personalized legal services. Call 954.424.3600 to get bankruptcy help now.

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A chapter 7 discharge will help eliminate credit cards, medical bills, car repossession debt and even some IRS debt.

Call 954.424.3600 to speak with a bankruptcy attorney.

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What is the difference between a Chapter 7 and Chapter 13?
Chapter 7 is a liquidation bankruptcy. A trustee is appointed and can sell your non exempt assets for the benefit of your creditors. Chapter 13 is a reorganization. It can be used to save your home from foreclosure. Your payment to the court is based on your income, expenses and your non exempt assets.

What is a 341 Meeting of Creditors?
At the meeting the trustee will question you about assets, income and issues that may arise after the review of your bankruptcy schedules, tax returns and bank statements. Due to the duration and nature of the meeting, it is very unlikely that any creditors will attend.

How will a Chapter 7 bankruptcy affect my credit?
A Chapter 7 bankruptcy will remain on your credit report for 10 years. Notwithstanding the length of time that the bankruptcy stays on your credit report, many people find that they are able to obtain new credit including automobile loans and low money down FHA mortgages during the time that the bankruptcy is still being reported on their credit report.

Can I transfer assets to someone else before I file a bankruptcy?
Transferring assets to friends or family members prior to the bankruptcy is a terrible idea. Your bankruptcy schedules require you to disclose transfers, the trustee will ask about transfers at the 341 meeting, the trustee can attempt to undo transfers considered to be fraudulent. If a trustee finds out about a transfer that you did not disclose, it can lead to the denial of your bankruptcy discharge.

What is the Mean Test?
The Means Test is used to determine if you qualify for a Chapter 7. It takes into account your family size, household income and expenses to determine if you have disposable income available to pay towards your debts. If you fail to pass the Means Test you may be unable to file a Chapter 7, but still may be able to file Chapter 13. The amount of your disposable income is used to determine the amount of your monthly payment in a Chapter 13 reorganization.

What are exempt assets?
Bankruptcy exemptions are designed to protect a certain amount of your assets in a Chapter 7 bankruptcy. Exemptions also help in determining how much certain creditors will get paid through your bankruptcy plan if you file a Chapter 13 bankruptcy. If you can "exempt" assets in bankruptcy it means that the Chapter 7 trustee cannot take it and sell it to pay your creditors.

Will I lose my house if I file a Chapter 7 in Florida?
Florida has the "Homestead Exemption" which means that 100% of the equity in your home is considered untouchable by your creditors or a federal bankruptcy trustee. There are some exceptions, for example the exemption does not apply to secured creditors such as a mortgage company or association.

Can my Chapter 7 be denied?
It is possible to have your bankruptcy denied, but such denials are reasonably easy to avoid. If you are accurate to the best of your ability when you answer the questions asked on the bankruptcy forms and questions asked by the trustee you should have no issues.

Does a Chapter 7 help if my house is in foreclosure?
Chapter 7 will delay a foreclosure and wipe the possible deficiency claim of the mortgage company if you want to sell it at a short sale or let it be foreclosed. A Chapter 7 will not force the bank to modify your mortgage; you will need a Chapter 13 for that.

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Chapter 7 Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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What is the difference between a Chapter 7 and Chapter 13? Chapter 7 is a liquidation bankruptcy. A trustee is appointed and can sell your non exempt assets for the benefit of your creditors. Chapter 13 is a reorganization. It can be used to save your home from foreclosure.

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Get bankruptcy and foreclosure help - Segaul Law Firm

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Get bankruptcy and foreclosure help - Segaul Law Firm

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The Segaul Law Firm is dedicated to providing personalized legal services. Our people oriented law firm has extensive knowledge of the complexity of our laws. Knowing that not one resolution works for every situation, our clients can be assured that the individual facts of each case will be addressed with customized solutions.

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You Deserve a Fresh Start

Stuff happened and now you feel overwhelmed. You're stressed, and maybe a little bit scared, and you don't know how to get out of the financial situation you find yourself in.

We can help.

But more than just helping, we get it. We know that difficult things happen to good people. We know that life happens and a lot of this wasn't your fault. We want to put you on a path that removes your stress and gives you peace of mind.

So let us help you.

LEARN MORE
Or call 954.424.3600 to get bankruptcy and foreclosure help now.

How We Help Our Clients

Personal Bankruptcy

Everyone deserves a second chance. Life can throw some heavy curveballs at you. At Segaul Law, we know that sometimes you need a fresh start - some breathing room to put your life back together. Bankruptcy may be the right choice for you.
LEARN MORE

Foreclosure Defense

If you are being threatened with foreclosure, you deserve qualified representation to protect your rights. At Segaul Law, we have effective strategies to provide our clients with relief and delay the foreclosure process.
LEARN MORE

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Personal Bankruptcy, Chapter 7 & 13 Attorney in Plantation, Sunrise, Fort Lauderdale

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Looking for a Personal Bankruptcy, Chapter 7 & 13 Attorney in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to serving the legal needs of discriminating businesses and individuals by providing personalized legal services. Call us today!

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At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life.We hold your hand through every step of the bankruptcy process. With us, bankruptcy is not a bad word. It is a meaningful start to a new, better chapter in your life.

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We make it easy for you to get a fresh start.

We know it can feel overwhelming at times and it isn't fair.

At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life.

We hold your hand through every step of the bankruptcy proces. With us, bankruptcy is not a bad word. It is a meaninful start to a new, better chapter in your life. It is the step needed to unburden you from the stress you currently feel so you can be happy again.

So when people ask us if we love what we do, we always say yes. Because we help people.

Call 954.424.3600 to get bankruptcy help now.

Is Bankruptcy Right For You?

The only way to know if bankruptcy is right for you is to talk to a bankruptcy lawyer who wants to help.

You need someone who is honest and ethical and wants the best for you. You will want someone who can explain the situation in plain english that you can understand. Most importantly, you will need someone you can trust.

Bankruptcy law are complex, so you need someone who can make it easy. That's what we do. We review your unique situation and give you the best advice for you. And many times bankruptcy is not the best choice.

So for experienced advice from bankruptcy lawyers who cares only about helping their clients, give Segaul Law Firm a call.

Call 954.424.3600 to get the right advice now.

Types of Personal Bankruptcy

What is Chapter 7?

Chapter 7, also known as a "Liquidation", may be utilized by individuals or business entities.

In a Chapter 7 proceeding, the Debtor can discharge all of his/her unsecured debts, while the secured debt remains unchanged. A Trustee is appointed to collect non-exempt or unprotected assets of the debtor's estate, reduce them to cash, and distribute the net proceeds to creditors, subject to the Debtor's right to retain certain "exempt" property and the rights of secured creditors. An objection to discharge may be filed by the Trustee or a creditor within 60 days following the first Meeting of Creditors.
LEARN MORE

What is Chapter 13?

Chapter 13 which is also known as "Adjustment of Debts of an Individual with Regular Income".

The Debtor is protected from lawsuits, garnishments, and other creditor actions while the Chapter 13 plan is in effect in order to give the Debtor(s) the opportunity to resolve the financial difficulties facing the Debtor(s). Chapter 13 bankruptcy procedures are commonly used to stop repossession, foreclosures and bring home loans current, and/or to repay IRS or real estate taxes over time at interest rates usually less than those charged by the taxing authorities.
LEARN MORE

Client Testimonials

From the first moment we sat down with him our feelings and embarrassment were slowly but surely taken by his calm and serene tone of voice expressing professionalism and absolute knowledge of what he does and represent.

I felt like a failure. I was worried about everything. I received an advertisement in the mail, and it spoke to me.

John's knowledge of the process is superb! Great staff

READ MORE TESTIMONIALS

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Personal Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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We know it can feel overwhelming at times and it isn't fair. At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life. We hold your hand through every step of the bankruptcy proces.

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When Should You Contact a Debt Relief Attorney?

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When Should You Contact a Debt Relief Attorney?

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You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

If you have a lot of debt to pay but have reached a point where you have no way to pay, then it is best to consider reaching out to a debt relief attorney in Plantation. It is true that you have the right to negotiate with the creditors on your own and even work out the arrangements.

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When Should You Contact a Debt Relief Attorney?

You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

If you have a lot of debt to pay but have reached a point where you have no way to pay, then it is best to consider reaching out to a debt relief attorney in Plantation. It is true that you have the right to negotiate with the creditors on your own and even work out the arrangements.

However, if you don't have a debt relief attorney on your side, then you might not be able to succeed. Here are a few situations where the best thing you can do is to hire a professional debt relief attorney plantation.

You Are at The Risk of Losing Your Wages
If you haven't paid your debts for several months, then there is a chance for the creditors to come after your earnings. If you owe the IRS back taxes or if you happen to be delinquent on loans, your wages may end up getting garnished. This is a situation where it is best to have a debt relief attorney at your side.

You Are at Risk of Being Sued by the Creditors
Creditors have the right to start a lawsuit against anyone who hasn't been able to pay them back. If you are at the risk of getting sued by the creditors, you might not know what you should do or how to resolve the problem. This is why it is best to seek the help of a debt settlement attorney because they will know what the best option is for you.

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When Should You Contact a Debt Relief Attorney? - Segaul Firm

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You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

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How Bankruptcy Attorneys Help Their Clients

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How Bankruptcy Attorneys Help Their Clients

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Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

Filing bankruptcy on your own can be a costly mistake and lead to you making even more mistakes too while filing for bankruptcy. Fortunately, you can avoid such mistakes by seeking the help of an experienced bankruptcy attorney in Fort Lauderdale.

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How Bankruptcy Attorneys Help Their Clients

Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

Filing bankruptcy on your own can be a costly mistake and lead to you making even more mistakes too while filing for bankruptcy. Fortunately, you can avoid such mistakes by seeking the help of an experienced bankruptcy attorney in Fort Lauderdale.
Why You Need a Bankruptcy Attorney
Bankruptcy processes can be quite complex and complicated. This means that they may require extensive forms, in-depth research about exemption laws, and more. Mistakes while filing for bankruptcy can result in loss of nonexempt assets, denial of debt discharge, and even criminal cases for fraud in some cases.

A skilled bankruptcy attorney in Fort Lauderdale with years of experience will help clients prevent all of these mistakes. Bankruptcy attorneys will also help clients in many other ways. Here is how bankruptcy lawyers help their clients.

The attorney will ensure that clients understand what legal options available to them

The lawyer will help clients to determine what type of bankruptcy is the best option for them

The bankruptcy attorney will ensure that clients fully comply with the bankruptcy requirements

An experienced attorney will help their clients to protect their property

The attorney will deal with loans and credit cards

The handling of payments will be done by the attorney

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How Bankruptcy Attorneys Help Their Clients - Segaul Firm

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Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

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Segaul Law Firm - Bankruptcy Foreclosure

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Segaul Law Firm - Bankruptcy Foreclosure

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Segaul Law Firm provides foreclosure defense, bankruptcy, and real estate litigation services in Fort Lauderdale and surrounding areas.

Need a real estate, foreclosure defense, or bankruptcy lawyer in Fort Lauderdale, Plantation, Davie, Sunrise or surrounding areas? Call us today to schedule a free, no obligation consultation with our experienced bankruptcy attorney.

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www.manta.com needs to review the security of your connection before proceeding.

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Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Segaul & Stoll, P.A. - a Plantation, Florida (FL) Law Firm

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Segaul & Stoll, P.A., a Plantation, Florida (FL) Law Firm -

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Located in Plantation Florida, Segaul Law Firm and attorney John Segaul has helped thousands of individuals and families file chapter 7 and chapter 13 bankruptcy. Segaul Law Firm offers free consultations, reasonable fees and payment plans.

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Segaul Law Firm, PA Overview

Located in Plantation Florida, Segaul Law Firm and attorney John Segaul has helped thousands of individuals and families file chapter 7 and chapter 13 bankruptcy. Segaul Law Firm offers free consultations, reasonable fees and payment plans.

Segaul Law Firm, PA Areas of Law

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Located in Plantation Florida, Segaul Law Firm and attorney John Segaul has helped thousands of individuals and families file chapter 7 and chapter 13 bankruptcy. Segaul Law Firm offers free consultations, reasonable fees and payment plans.

# data[].attributes.body
Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Segaul Law Firm, P.A. is a law firm in Fort Lauderdale, FL. Learn more about the Florida lawyers at Segaul Law Firm, P.A. Practice in Bankruptcy & Debt, Real Estate,

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Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Get foreclosure defense help - Segaul Law Firm

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Get foreclosure defense help - Segaul Law Firm

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If you are being threatened with foreclosure, you deserve qualified representation to protect your rights. We at Segaul Law are experts at Foreclosure Defense.

Call 954.424.3600 to get foreclosure defense help now.

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Foreclosure Defense Lawyer in Plantation, Sunrise & Fort Lauderdale

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Looking for a Foreclosure Defense Attorney in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to providing personalized legal services. Call 954.424.3600 to get foreclosure defense help now.

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Chapter 13 Bankruptcy - Segaul Law Firm

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Chapter 13 Bankruptcy - Segaul Law Firm

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When the plan is completed, your remaining unsecured debts will be wiped out or discharged. Many Chapter 13 filers end up paying pennies on the dollar for their unsecured debts.

Call 954.424.3600 to speak with a bankruptcy attorney.

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What is Chapter 13 Bankruptcy?

Chapter 13 is a reorganization for individuals. It is a simpler and less expensive version of a chapter 11 filed by businesses. In Chapter 13, you will work with a Trustee to create a payment plan lasting 3 to 5 years. The plan consolidates and restructures your debt payments to make them more affordable.

To understand chapter 13 you must understand the difference between "secured debt" and "unsecured debt". Secured debt is debt that is attached to collateral such as a mortgage or car loan. Unsecured debt has no collateral. Credit cards and medical bills are examples of unsecured debt.

Chapter 13 can be used to save your home from foreclosure by forcing the bank to work out an affordable payment plan. Typically when a mortgage goes into foreclosure, the mortgage company will demand all of the back payments (the arrearage), plus thousands of dollars in attorney fees and court costs be paid upfront in order to dismiss the case. The Chapter 13 Plan allows you to spread the arrearage payments over five years. After completion of the plan, the mortgage would be reinstated and the foreclosure dismissed.

Car loans can also be modified in chapter 13 in order to decrease the payments. The plan reduces interest rates, stretches out the term of the loan and in some cases strips down the principal amount of the loan based on the value of the car at the time the case is filed.

The Chapter 13 plan will consolidate the payment on your unsecured debt. The plan payment is based on your non-exempt assets and your earnings. The Trustee will calculate your disposable income by taking your average income and subtracting certain expenses according to Floirda and national standards. After you've subtracted your allowable monthly expenses and required payments, you're left with your "disposable income." Certain expenses such as mortgage payments, child and spousal support payments, tax debts, and auto loan payments may be allowed to further reduce your disposable income. Your disposable income is what you'll have to contribute to your Chapter 13 plan each month. You'll make payments to the Bankruptcy Trustee and who will distribute the payments among your creditors. While the plan is in effect, the bankruptcy code protects you from lawsuits, garnishments, and other creditor actions in order to give you the opportunity to resolve the financial difficulties you are facing.

When the plan is completed, your remaining unsecured debts will be wiped out or discharged. Many Chapter 13 filers end up paying pennies on the dollar for their unsecured debts.

Call 954.424.3600 to speak with a bankruptcy attorney.

Chapter 13 Bankruptcy FAQ

Why file a Chapter 13 bankruptcy?
A Chapter 13 can save your home by giving you 5 years to catch up on your mortgage and your home being lost in foreclosure. A Chapter 13 can give you debt relief if you make too much money to file a Chapter 7 or do not want to lose non exempt assets in a Chapter 7.

If I file Chapter 13, will I end up paying all of my debts back?
The majority of those who file Chapter 13 are not required to pay all of their debts back. The repayment is based on your household income, expenses, and non exempt assets.
READ MORE FAQ BELOW

Chapter 13 Frequently Asked Questions

Why file a Chapter 13 bankruptcy?
A Chapter 13 can save your home by giving you 5 years to catch up on your mortgage and your home being lost in foreclosure. A Chapter 13 can give you debt relief if you make too much money to file a Chapter 7 or do not want to lose non exempt assets in a Chapter 7.

If I file Chapter 13, will I end up paying all of my debts back?
The majority of those who file Chapter 13 are not required to pay all of their debts back. The repayment is based on your household income, expenses, and non exempt assets.

How will a Chapter 13 bankruptcy affect my credit?
A Chapter 13 bankruptcy stays on the credit report for 7 years. Notwithstanding the length of time that the bankruptcy stays on your credit report, many people find that they are able to obtain new credit including automobile loans and low money down FHA mortgages during the time that the bankruptcy is still being reported on their credit report.

How can Chapter 13 help save my house?
The filing of a chapter petition results in an automatic stay of the foreclosure proceeding. A Chapter 13 bankruptcy will allow you to make monthly payments to catch up on your back payments.

What is the Mean Test?
The Means Test is used to determine if you qualify for a Chapter 7. It takes into account your family size, household income and expenses to determine if you have disposable income available to pay towards your debts. If you fail to pass the Means Test you may be unable to file a Chapter 7, but still may be able to file Chapter 13. The amount of your disposable income is used to determine the amount of your monthly payment in a Chapter 13 reorganization.

What are exempt assets?
Bankruptcy exemptions are designed to protect a certain amount of your assets in a Chapter 7 bankruptcy. Exemptions also help in determining how much certain creditors will get paid through your bankruptcy plan if you file a Chapter 13 bankruptcy. If you can "exempt" assets in bankruptcy it means that the Chapter 7 trustee cannot take it and sell it to pay your creditors.

What happens if my income goes down or I lose my job while I am in a Chapter 13 case?
If your income goes down or you lose your job, it may be possible to reduce your payment by modifying the Chapter 13 plan. It is also possible to convert your Chapter 13 case to a Chapter 7 if your income now allows you to qualify for Chapter 7.

Can Chapter 13 lower my car payments?
A Chapter 13 can often reduce payments by reducing the amount principal balance owed to the lender based on the current value of the car. It can also reduce the interest rate to a more favorable rate (i.e. not the 12 to 15 % that some people pay with less than perfect credit).

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Chapter 13 Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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Looking for a Chapter 13 Bankruptcy Lawyer in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to providing personalized legal services. Call 954.424.3600 to get bankruptcy help now.

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A chapter 7 discharge will help eliminate credit cards, medical bills, car repossession debt and even some IRS debt.

Call 954.424.3600 to speak with a bankruptcy attorney.

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What is the difference between a Chapter 7 and Chapter 13?
Chapter 7 is a liquidation bankruptcy. A trustee is appointed and can sell your non exempt assets for the benefit of your creditors. Chapter 13 is a reorganization. It can be used to save your home from foreclosure. Your payment to the court is based on your income, expenses and your non exempt assets.

What is a 341 Meeting of Creditors?
At the meeting the trustee will question you about assets, income and issues that may arise after the review of your bankruptcy schedules, tax returns and bank statements. Due to the duration and nature of the meeting, it is very unlikely that any creditors will attend.

How will a Chapter 7 bankruptcy affect my credit?
A Chapter 7 bankruptcy will remain on your credit report for 10 years. Notwithstanding the length of time that the bankruptcy stays on your credit report, many people find that they are able to obtain new credit including automobile loans and low money down FHA mortgages during the time that the bankruptcy is still being reported on their credit report.

Can I transfer assets to someone else before I file a bankruptcy?
Transferring assets to friends or family members prior to the bankruptcy is a terrible idea. Your bankruptcy schedules require you to disclose transfers, the trustee will ask about transfers at the 341 meeting, the trustee can attempt to undo transfers considered to be fraudulent. If a trustee finds out about a transfer that you did not disclose, it can lead to the denial of your bankruptcy discharge.

What is the Mean Test?
The Means Test is used to determine if you qualify for a Chapter 7. It takes into account your family size, household income and expenses to determine if you have disposable income available to pay towards your debts. If you fail to pass the Means Test you may be unable to file a Chapter 7, but still may be able to file Chapter 13. The amount of your disposable income is used to determine the amount of your monthly payment in a Chapter 13 reorganization.

What are exempt assets?
Bankruptcy exemptions are designed to protect a certain amount of your assets in a Chapter 7 bankruptcy. Exemptions also help in determining how much certain creditors will get paid through your bankruptcy plan if you file a Chapter 13 bankruptcy. If you can "exempt" assets in bankruptcy it means that the Chapter 7 trustee cannot take it and sell it to pay your creditors.

Will I lose my house if I file a Chapter 7 in Florida?
Florida has the "Homestead Exemption" which means that 100% of the equity in your home is considered untouchable by your creditors or a federal bankruptcy trustee. There are some exceptions, for example the exemption does not apply to secured creditors such as a mortgage company or association.

Can my Chapter 7 be denied?
It is possible to have your bankruptcy denied, but such denials are reasonably easy to avoid. If you are accurate to the best of your ability when you answer the questions asked on the bankruptcy forms and questions asked by the trustee you should have no issues.

Does a Chapter 7 help if my house is in foreclosure?
Chapter 7 will delay a foreclosure and wipe the possible deficiency claim of the mortgage company if you want to sell it at a short sale or let it be foreclosed. A Chapter 7 will not force the bank to modify your mortgage; you will need a Chapter 13 for that.

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Chapter 7 Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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What is the difference between a Chapter 7 and Chapter 13? Chapter 7 is a liquidation bankruptcy. A trustee is appointed and can sell your non exempt assets for the benefit of your creditors. Chapter 13 is a reorganization. It can be used to save your home from foreclosure.

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Get bankruptcy and foreclosure help - Segaul Law Firm

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Get bankruptcy and foreclosure help - Segaul Law Firm

# data[].attributes.body
The Segaul Law Firm is dedicated to providing personalized legal services. Our people oriented law firm has extensive knowledge of the complexity of our laws. Knowing that not one resolution works for every situation, our clients can be assured that the individual facts of each case will be addressed with customized solutions.

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You Deserve a Fresh Start

Stuff happened and now you feel overwhelmed. You're stressed, and maybe a little bit scared, and you don't know how to get out of the financial situation you find yourself in.

We can help.

But more than just helping, we get it. We know that difficult things happen to good people. We know that life happens and a lot of this wasn't your fault. We want to put you on a path that removes your stress and gives you peace of mind.

So let us help you.

LEARN MORE
Or call 954.424.3600 to get bankruptcy and foreclosure help now.

How We Help Our Clients

Personal Bankruptcy

Everyone deserves a second chance. Life can throw some heavy curveballs at you. At Segaul Law, we know that sometimes you need a fresh start - some breathing room to put your life back together. Bankruptcy may be the right choice for you.
LEARN MORE

Foreclosure Defense

If you are being threatened with foreclosure, you deserve qualified representation to protect your rights. At Segaul Law, we have effective strategies to provide our clients with relief and delay the foreclosure process.
LEARN MORE

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Personal Bankruptcy, Chapter 7 & 13 Attorney in Plantation, Sunrise, Fort Lauderdale

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Looking for a Personal Bankruptcy, Chapter 7 & 13 Attorney in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to serving the legal needs of discriminating businesses and individuals by providing personalized legal services. Call us today!

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At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life.We hold your hand through every step of the bankruptcy process. With us, bankruptcy is not a bad word. It is a meaningful start to a new, better chapter in your life.

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We make it easy for you to get a fresh start.

We know it can feel overwhelming at times and it isn't fair.

At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life.

We hold your hand through every step of the bankruptcy proces. With us, bankruptcy is not a bad word. It is a meaninful start to a new, better chapter in your life. It is the step needed to unburden you from the stress you currently feel so you can be happy again.

So when people ask us if we love what we do, we always say yes. Because we help people.

Call 954.424.3600 to get bankruptcy help now.

Is Bankruptcy Right For You?

The only way to know if bankruptcy is right for you is to talk to a bankruptcy lawyer who wants to help.

You need someone who is honest and ethical and wants the best for you. You will want someone who can explain the situation in plain english that you can understand. Most importantly, you will need someone you can trust.

Bankruptcy law are complex, so you need someone who can make it easy. That's what we do. We review your unique situation and give you the best advice for you. And many times bankruptcy is not the best choice.

So for experienced advice from bankruptcy lawyers who cares only about helping their clients, give Segaul Law Firm a call.

Call 954.424.3600 to get the right advice now.

Types of Personal Bankruptcy

What is Chapter 7?

Chapter 7, also known as a "Liquidation", may be utilized by individuals or business entities.

In a Chapter 7 proceeding, the Debtor can discharge all of his/her unsecured debts, while the secured debt remains unchanged. A Trustee is appointed to collect non-exempt or unprotected assets of the debtor's estate, reduce them to cash, and distribute the net proceeds to creditors, subject to the Debtor's right to retain certain "exempt" property and the rights of secured creditors. An objection to discharge may be filed by the Trustee or a creditor within 60 days following the first Meeting of Creditors.
LEARN MORE

What is Chapter 13?

Chapter 13 which is also known as "Adjustment of Debts of an Individual with Regular Income".

The Debtor is protected from lawsuits, garnishments, and other creditor actions while the Chapter 13 plan is in effect in order to give the Debtor(s) the opportunity to resolve the financial difficulties facing the Debtor(s). Chapter 13 bankruptcy procedures are commonly used to stop repossession, foreclosures and bring home loans current, and/or to repay IRS or real estate taxes over time at interest rates usually less than those charged by the taxing authorities.
LEARN MORE

Client Testimonials

From the first moment we sat down with him our feelings and embarrassment were slowly but surely taken by his calm and serene tone of voice expressing professionalism and absolute knowledge of what he does and represent.

I felt like a failure. I was worried about everything. I received an advertisement in the mail, and it spoke to me.

John's knowledge of the process is superb! Great staff

READ MORE TESTIMONIALS

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Personal Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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We know it can feel overwhelming at times and it isn't fair. At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life. We hold your hand through every step of the bankruptcy proces.

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A chapter 7 discharge will help eliminate credit cards, medical bills, car repossession debt and even some IRS debt.

Call 954.424.3600 to speak with a bankruptcy attorney.

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What is the difference between a Chapter 7 and Chapter 13?
Chapter 7 is a liquidation bankruptcy. A trustee is appointed and can sell your non exempt assets for the benefit of your creditors. Chapter 13 is a reorganization. It can be used to save your home from foreclosure. Your payment to the court is based on your income, expenses and your non exempt assets.

What is a 341 Meeting of Creditors?
At the meeting the trustee will question you about assets, income and issues that may arise after the review of your bankruptcy schedules, tax returns and bank statements. Due to the duration and nature of the meeting, it is very unlikely that any creditors will attend.

How will a Chapter 7 bankruptcy affect my credit?
A Chapter 7 bankruptcy will remain on your credit report for 10 years. Notwithstanding the length of time that the bankruptcy stays on your credit report, many people find that they are able to obtain new credit including automobile loans and low money down FHA mortgages during the time that the bankruptcy is still being reported on their credit report.

Can I transfer assets to someone else before I file a bankruptcy?
Transferring assets to friends or family members prior to the bankruptcy is a terrible idea. Your bankruptcy schedules require you to disclose transfers, the trustee will ask about transfers at the 341 meeting, the trustee can attempt to undo transfers considered to be fraudulent. If a trustee finds out about a transfer that you did not disclose, it can lead to the denial of your bankruptcy discharge.

What is the Mean Test?
The Means Test is used to determine if you qualify for a Chapter 7. It takes into account your family size, household income and expenses to determine if you have disposable income available to pay towards your debts. If you fail to pass the Means Test you may be unable to file a Chapter 7, but still may be able to file Chapter 13. The amount of your disposable income is used to determine the amount of your monthly payment in a Chapter 13 reorganization.

What are exempt assets?
Bankruptcy exemptions are designed to protect a certain amount of your assets in a Chapter 7 bankruptcy. Exemptions also help in determining how much certain creditors will get paid through your bankruptcy plan if you file a Chapter 13 bankruptcy. If you can "exempt" assets in bankruptcy it means that the Chapter 7 trustee cannot take it and sell it to pay your creditors.

Will I lose my house if I file a Chapter 7 in Florida?
Florida has the "Homestead Exemption" which means that 100% of the equity in your home is considered untouchable by your creditors or a federal bankruptcy trustee. There are some exceptions, for example the exemption does not apply to secured creditors such as a mortgage company or association.

Can my Chapter 7 be denied?
It is possible to have your bankruptcy denied, but such denials are reasonably easy to avoid. If you are accurate to the best of your ability when you answer the questions asked on the bankruptcy forms and questions asked by the trustee you should have no issues.

Does a Chapter 7 help if my house is in foreclosure?
Chapter 7 will delay a foreclosure and wipe the possible deficiency claim of the mortgage company if you want to sell it at a short sale or let it be foreclosed. A Chapter 7 will not force the bank to modify your mortgage; you will need a Chapter 13 for that.

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Chapter 7 Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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What is the difference between a Chapter 7 and Chapter 13? Chapter 7 is a liquidation bankruptcy. A trustee is appointed and can sell your non exempt assets for the benefit of your creditors. Chapter 13 is a reorganization. It can be used to save your home from foreclosure.

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Get bankruptcy and foreclosure help - Segaul Law Firm

# data[].attributes.subject
Get bankruptcy and foreclosure help - Segaul Law Firm

# data[].attributes.body
The Segaul Law Firm is dedicated to providing personalized legal services. Our people oriented law firm has extensive knowledge of the complexity of our laws. Knowing that not one resolution works for every situation, our clients can be assured that the individual facts of each case will be addressed with customized solutions.

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You Deserve a Fresh Start

Stuff happened and now you feel overwhelmed. You're stressed, and maybe a little bit scared, and you don't know how to get out of the financial situation you find yourself in.

We can help.

But more than just helping, we get it. We know that difficult things happen to good people. We know that life happens and a lot of this wasn't your fault. We want to put you on a path that removes your stress and gives you peace of mind.

So let us help you.

LEARN MORE
Or call 954.424.3600 to get bankruptcy and foreclosure help now.

How We Help Our Clients

Personal Bankruptcy

Everyone deserves a second chance. Life can throw some heavy curveballs at you. At Segaul Law, we know that sometimes you need a fresh start - some breathing room to put your life back together. Bankruptcy may be the right choice for you.
LEARN MORE

Foreclosure Defense

If you are being threatened with foreclosure, you deserve qualified representation to protect your rights. At Segaul Law, we have effective strategies to provide our clients with relief and delay the foreclosure process.
LEARN MORE

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Personal Bankruptcy, Chapter 7 & 13 Attorney in Plantation, Sunrise, Fort Lauderdale

# data[].attributes.attachment_link.description
Looking for a Personal Bankruptcy, Chapter 7 & 13 Attorney in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to serving the legal needs of discriminating businesses and individuals by providing personalized legal services. Call us today!

# data[].attributes.body
At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life.We hold your hand through every step of the bankruptcy process. With us, bankruptcy is not a bad word. It is a meaningful start to a new, better chapter in your life.

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We make it easy for you to get a fresh start.

We know it can feel overwhelming at times and it isn't fair.

At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life.

We hold your hand through every step of the bankruptcy proces. With us, bankruptcy is not a bad word. It is a meaninful start to a new, better chapter in your life. It is the step needed to unburden you from the stress you currently feel so you can be happy again.

So when people ask us if we love what we do, we always say yes. Because we help people.

Call 954.424.3600 to get bankruptcy help now.

Is Bankruptcy Right For You?

The only way to know if bankruptcy is right for you is to talk to a bankruptcy lawyer who wants to help.

You need someone who is honest and ethical and wants the best for you. You will want someone who can explain the situation in plain english that you can understand. Most importantly, you will need someone you can trust.

Bankruptcy law are complex, so you need someone who can make it easy. That's what we do. We review your unique situation and give you the best advice for you. And many times bankruptcy is not the best choice.

So for experienced advice from bankruptcy lawyers who cares only about helping their clients, give Segaul Law Firm a call.

Call 954.424.3600 to get the right advice now.

Types of Personal Bankruptcy

What is Chapter 7?

Chapter 7, also known as a "Liquidation", may be utilized by individuals or business entities.

In a Chapter 7 proceeding, the Debtor can discharge all of his/her unsecured debts, while the secured debt remains unchanged. A Trustee is appointed to collect non-exempt or unprotected assets of the debtor's estate, reduce them to cash, and distribute the net proceeds to creditors, subject to the Debtor's right to retain certain "exempt" property and the rights of secured creditors. An objection to discharge may be filed by the Trustee or a creditor within 60 days following the first Meeting of Creditors.
LEARN MORE

What is Chapter 13?

Chapter 13 which is also known as "Adjustment of Debts of an Individual with Regular Income".

The Debtor is protected from lawsuits, garnishments, and other creditor actions while the Chapter 13 plan is in effect in order to give the Debtor(s) the opportunity to resolve the financial difficulties facing the Debtor(s). Chapter 13 bankruptcy procedures are commonly used to stop repossession, foreclosures and bring home loans current, and/or to repay IRS or real estate taxes over time at interest rates usually less than those charged by the taxing authorities.
LEARN MORE

Client Testimonials

From the first moment we sat down with him our feelings and embarrassment were slowly but surely taken by his calm and serene tone of voice expressing professionalism and absolute knowledge of what he does and represent.

I felt like a failure. I was worried about everything. I received an advertisement in the mail, and it spoke to me.

John's knowledge of the process is superb! Great staff

READ MORE TESTIMONIALS

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Personal Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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We know it can feel overwhelming at times and it isn't fair. At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life. We hold your hand through every step of the bankruptcy proces.

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Bringing Expertise to Complex Florida Divorce Litigation! Brodie & Friedman P.A. is a trusted family law firm serving residents in Boca Raton and neighboring communities. Our attorneys have an outstanding reputation for our compassionate and professional approach to family law.

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Brodie & Friedman, P.A. | Divorce Lawyer | Boca Raton

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Family conflicts leading to marital dissolution, custody disputes, and problems after divorce can be personally overwhelming. Divorces that involve significant assets are complex. Many issues can arise involving child custody disputes, deceit, animosity or failure to disclose assets.

A complex divorce can be an emotional roller coaster ride. So many obstacles may need to be addressed. Sometimes the solutions are like looking for a needle in a haystack, the more complicated the more assured you need to be that our experienced team will handle every single detail with complete confidence.
Having completed countless high profile, complex & high asset divorces in South Florida, we are well versed in the challenges and obstacles that couples can encounter during a challenging divorce process.
A distinctive feature of the family law practice at Brodie & Friedman, P.A. is our willingness and ability to take divorce cases with complex issues to court whenever necessary to protect your interests. Our lawyers have the legal knowledge and practical courtroom skills necessary to develop and present your case on sharply disputed or highly complicated facts.

We work with CPAs and other financial experts to develop forensic evidence on such matters as:

Spousal support needs in light of employment experience, education and the job market

Marital asset valuation

Business asset valuation

Payments from marital property on a spouse's separate debts

Identification and recovery of concealed assets or improperly transferred assets

Parenting plan issues reflecting parental fitness problems

Domestic violence issues

Our sophisticated business and financial knowledge enable us to effectively address concerns that are unique to individuals of high net worth. We frequently handle cases involving family businesses, professional practices, real estate investments, offshore bank accounts, retirement accounts and other types of assets.

If you are facing a complicated and high-profile divorce that could possibly be subject to media attention, we are thoroughly experienced in protecting you from unwanted exposure. Since social media is a huge channel of communication, it is important to keep out of the spotlight.

Brodie & Friedman P.A. is a trusted family law firm serving residents in Boca Raton and neighboring communities. Our attorneys have an outstanding reputation for our compassionate and professional approach to family law.

There's nothing like a credible litigation option to keep an opponent honest in a divorce. Our reputation as formidable courtroom advocates by itself can make your spouse think twice about staking out an unreasonable position.

For further information about our experience with complex divorce litigation in Palm Beach County, Broward County, Miami-Dade County and Martin County, contact Brodie & Friedman, P.A.

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Family conflicts leading to marital dissolution, custody disputes, and problems after divorce can be personally overwhelming. Divorces that involve significant assets are complex. Many issues can arise involving child custody disputes, deceit, animosity or failure to disclose assets. A complex divorce can be an emotional roller coaster ride.

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Award Winning High Assets Divorce Attorneys

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Award Winning High Assets Divorce Attorneys

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The divorce lawyers and family law attorneys of Brodie and Friedman, P.A., provide residents of Boca Raton & Palm Beach the strongest divorce and family legal team in the region. The needs of our high net worth clientele extend well beyond the ordinary and we meet these needs with unsurpassed commitment to client success and privacy.

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Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Segaul Law Firm, P.A. is a law firm in Fort Lauderdale, FL. Learn more about the Florida lawyers at Segaul Law Firm, P.A. Practice in Bankruptcy & Debt, Real Estate,

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Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Get foreclosure defense help - Segaul Law Firm

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Get foreclosure defense help - Segaul Law Firm

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If you are being threatened with foreclosure, you deserve qualified representation to protect your rights. We at Segaul Law are experts at Foreclosure Defense.

Call 954.424.3600 to get foreclosure defense help now.

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Foreclosure Defense Lawyer in Plantation, Sunrise & Fort Lauderdale

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Looking for a Foreclosure Defense Attorney in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to providing personalized legal services. Call 954.424.3600 to get foreclosure defense help now.

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Chapter 13 Bankruptcy - Segaul Law Firm

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Chapter 13 Bankruptcy - Segaul Law Firm

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When the plan is completed, your remaining unsecured debts will be wiped out or discharged. Many Chapter 13 filers end up paying pennies on the dollar for their unsecured debts.

Call 954.424.3600 to speak with a bankruptcy attorney.

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What is Chapter 13 Bankruptcy?

Chapter 13 is a reorganization for individuals. It is a simpler and less expensive version of a chapter 11 filed by businesses. In Chapter 13, you will work with a Trustee to create a payment plan lasting 3 to 5 years. The plan consolidates and restructures your debt payments to make them more affordable.

To understand chapter 13 you must understand the difference between "secured debt" and "unsecured debt". Secured debt is debt that is attached to collateral such as a mortgage or car loan. Unsecured debt has no collateral. Credit cards and medical bills are examples of unsecured debt.

Chapter 13 can be used to save your home from foreclosure by forcing the bank to work out an affordable payment plan. Typically when a mortgage goes into foreclosure, the mortgage company will demand all of the back payments (the arrearage), plus thousands of dollars in attorney fees and court costs be paid upfront in order to dismiss the case. The Chapter 13 Plan allows you to spread the arrearage payments over five years. After completion of the plan, the mortgage would be reinstated and the foreclosure dismissed.

Car loans can also be modified in chapter 13 in order to decrease the payments. The plan reduces interest rates, stretches out the term of the loan and in some cases strips down the principal amount of the loan based on the value of the car at the time the case is filed.

The Chapter 13 plan will consolidate the payment on your unsecured debt. The plan payment is based on your non-exempt assets and your earnings. The Trustee will calculate your disposable income by taking your average income and subtracting certain expenses according to Floirda and national standards. After you've subtracted your allowable monthly expenses and required payments, you're left with your "disposable income." Certain expenses such as mortgage payments, child and spousal support payments, tax debts, and auto loan payments may be allowed to further reduce your disposable income. Your disposable income is what you'll have to contribute to your Chapter 13 plan each month. You'll make payments to the Bankruptcy Trustee and who will distribute the payments among your creditors. While the plan is in effect, the bankruptcy code protects you from lawsuits, garnishments, and other creditor actions in order to give you the opportunity to resolve the financial difficulties you are facing.

When the plan is completed, your remaining unsecured debts will be wiped out or discharged. Many Chapter 13 filers end up paying pennies on the dollar for their unsecured debts.

Call 954.424.3600 to speak with a bankruptcy attorney.

Chapter 13 Bankruptcy FAQ

Why file a Chapter 13 bankruptcy?
A Chapter 13 can save your home by giving you 5 years to catch up on your mortgage and your home being lost in foreclosure. A Chapter 13 can give you debt relief if you make too much money to file a Chapter 7 or do not want to lose non exempt assets in a Chapter 7.

If I file Chapter 13, will I end up paying all of my debts back?
The majority of those who file Chapter 13 are not required to pay all of their debts back. The repayment is based on your household income, expenses, and non exempt assets.
READ MORE FAQ BELOW

Chapter 13 Frequently Asked Questions

Why file a Chapter 13 bankruptcy?
A Chapter 13 can save your home by giving you 5 years to catch up on your mortgage and your home being lost in foreclosure. A Chapter 13 can give you debt relief if you make too much money to file a Chapter 7 or do not want to lose non exempt assets in a Chapter 7.

If I file Chapter 13, will I end up paying all of my debts back?
The majority of those who file Chapter 13 are not required to pay all of their debts back. The repayment is based on your household income, expenses, and non exempt assets.

How will a Chapter 13 bankruptcy affect my credit?
A Chapter 13 bankruptcy stays on the credit report for 7 years. Notwithstanding the length of time that the bankruptcy stays on your credit report, many people find that they are able to obtain new credit including automobile loans and low money down FHA mortgages during the time that the bankruptcy is still being reported on their credit report.

How can Chapter 13 help save my house?
The filing of a chapter petition results in an automatic stay of the foreclosure proceeding. A Chapter 13 bankruptcy will allow you to make monthly payments to catch up on your back payments.

What is the Mean Test?
The Means Test is used to determine if you qualify for a Chapter 7. It takes into account your family size, household income and expenses to determine if you have disposable income available to pay towards your debts. If you fail to pass the Means Test you may be unable to file a Chapter 7, but still may be able to file Chapter 13. The amount of your disposable income is used to determine the amount of your monthly payment in a Chapter 13 reorganization.

What are exempt assets?
Bankruptcy exemptions are designed to protect a certain amount of your assets in a Chapter 7 bankruptcy. Exemptions also help in determining how much certain creditors will get paid through your bankruptcy plan if you file a Chapter 13 bankruptcy. If you can "exempt" assets in bankruptcy it means that the Chapter 7 trustee cannot take it and sell it to pay your creditors.

What happens if my income goes down or I lose my job while I am in a Chapter 13 case?
If your income goes down or you lose your job, it may be possible to reduce your payment by modifying the Chapter 13 plan. It is also possible to convert your Chapter 13 case to a Chapter 7 if your income now allows you to qualify for Chapter 7.

Can Chapter 13 lower my car payments?
A Chapter 13 can often reduce payments by reducing the amount principal balance owed to the lender based on the current value of the car. It can also reduce the interest rate to a more favorable rate (i.e. not the 12 to 15 % that some people pay with less than perfect credit).

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Chapter 13 Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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Looking for a Chapter 13 Bankruptcy Lawyer in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to providing personalized legal services. Call 954.424.3600 to get bankruptcy help now.

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Chapter 13 Bankruptcy - Segaul Law Firm

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Chapter 13 Bankruptcy - Segaul Law Firm

# data[].attributes.body
When the plan is completed, your remaining unsecured debts will be wiped out or discharged. Many Chapter 13 filers end up paying pennies on the dollar for their unsecured debts.

Call 954.424.3600 to speak with a bankruptcy attorney.

# data[].attributes.attachment_link.readable_text
What is Chapter 13 Bankruptcy?

Chapter 13 is a reorganization for individuals. It is a simpler and less expensive version of a chapter 11 filed by businesses. In Chapter 13, you will work with a Trustee to create a payment plan lasting 3 to 5 years. The plan consolidates and restructures your debt payments to make them more affordable.

To understand chapter 13 you must understand the difference between "secured debt" and "unsecured debt". Secured debt is debt that is attached to collateral such as a mortgage or car loan. Unsecured debt has no collateral. Credit cards and medical bills are examples of unsecured debt.

Chapter 13 can be used to save your home from foreclosure by forcing the bank to work out an affordable payment plan. Typically when a mortgage goes into foreclosure, the mortgage company will demand all of the back payments (the arrearage), plus thousands of dollars in attorney fees and court costs be paid upfront in order to dismiss the case. The Chapter 13 Plan allows you to spread the arrearage payments over five years. After completion of the plan, the mortgage would be reinstated and the foreclosure dismissed.

Car loans can also be modified in chapter 13 in order to decrease the payments. The plan reduces interest rates, stretches out the term of the loan and in some cases strips down the principal amount of the loan based on the value of the car at the time the case is filed.

The Chapter 13 plan will consolidate the payment on your unsecured debt. The plan payment is based on your non-exempt assets and your earnings. The Trustee will calculate your disposable income by taking your average income and subtracting certain expenses according to Floirda and national standards. After you've subtracted your allowable monthly expenses and required payments, you're left with your "disposable income." Certain expenses such as mortgage payments, child and spousal support payments, tax debts, and auto loan payments may be allowed to further reduce your disposable income. Your disposable income is what you'll have to contribute to your Chapter 13 plan each month. You'll make payments to the Bankruptcy Trustee and who will distribute the payments among your creditors. While the plan is in effect, the bankruptcy code protects you from lawsuits, garnishments, and other creditor actions in order to give you the opportunity to resolve the financial difficulties you are facing.

When the plan is completed, your remaining unsecured debts will be wiped out or discharged. Many Chapter 13 filers end up paying pennies on the dollar for their unsecured debts.

Call 954.424.3600 to speak with a bankruptcy attorney.

Chapter 13 Bankruptcy FAQ

Why file a Chapter 13 bankruptcy?
A Chapter 13 can save your home by giving you 5 years to catch up on your mortgage and your home being lost in foreclosure. A Chapter 13 can give you debt relief if you make too much money to file a Chapter 7 or do not want to lose non exempt assets in a Chapter 7.

If I file Chapter 13, will I end up paying all of my debts back?
The majority of those who file Chapter 13 are not required to pay all of their debts back. The repayment is based on your household income, expenses, and non exempt assets.
READ MORE FAQ BELOW

Chapter 13 Frequently Asked Questions

Why file a Chapter 13 bankruptcy?
A Chapter 13 can save your home by giving you 5 years to catch up on your mortgage and your home being lost in foreclosure. A Chapter 13 can give you debt relief if you make too much money to file a Chapter 7 or do not want to lose non exempt assets in a Chapter 7.

If I file Chapter 13, will I end up paying all of my debts back?
The majority of those who file Chapter 13 are not required to pay all of their debts back. The repayment is based on your household income, expenses, and non exempt assets.

How will a Chapter 13 bankruptcy affect my credit?
A Chapter 13 bankruptcy stays on the credit report for 7 years. Notwithstanding the length of time that the bankruptcy stays on your credit report, many people find that they are able to obtain new credit including automobile loans and low money down FHA mortgages during the time that the bankruptcy is still being reported on their credit report.

How can Chapter 13 help save my house?
The filing of a chapter petition results in an automatic stay of the foreclosure proceeding. A Chapter 13 bankruptcy will allow you to make monthly payments to catch up on your back payments.

What is the Mean Test?
The Means Test is used to determine if you qualify for a Chapter 7. It takes into account your family size, household income and expenses to determine if you have disposable income available to pay towards your debts. If you fail to pass the Means Test you may be unable to file a Chapter 7, but still may be able to file Chapter 13. The amount of your disposable income is used to determine the amount of your monthly payment in a Chapter 13 reorganization.

What are exempt assets?
Bankruptcy exemptions are designed to protect a certain amount of your assets in a Chapter 7 bankruptcy. Exemptions also help in determining how much certain creditors will get paid through your bankruptcy plan if you file a Chapter 13 bankruptcy. If you can "exempt" assets in bankruptcy it means that the Chapter 7 trustee cannot take it and sell it to pay your creditors.

What happens if my income goes down or I lose my job while I am in a Chapter 13 case?
If your income goes down or you lose your job, it may be possible to reduce your payment by modifying the Chapter 13 plan. It is also possible to convert your Chapter 13 case to a Chapter 7 if your income now allows you to qualify for Chapter 7.

Can Chapter 13 lower my car payments?
A Chapter 13 can often reduce payments by reducing the amount principal balance owed to the lender based on the current value of the car. It can also reduce the interest rate to a more favorable rate (i.e. not the 12 to 15 % that some people pay with less than perfect credit).

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Chapter 13 Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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Looking for a Chapter 13 Bankruptcy Lawyer in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to providing personalized legal services. Call 954.424.3600 to get bankruptcy help now.

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A chapter 7 discharge will help eliminate credit cards, medical bills, car repossession debt and even some IRS debt.

Call 954.424.3600 to speak with a bankruptcy attorney.

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What is the difference between a Chapter 7 and Chapter 13?
Chapter 7 is a liquidation bankruptcy. A trustee is appointed and can sell your non exempt assets for the benefit of your creditors. Chapter 13 is a reorganization. It can be used to save your home from foreclosure. Your payment to the court is based on your income, expenses and your non exempt assets.

What is a 341 Meeting of Creditors?
At the meeting the trustee will question you about assets, income and issues that may arise after the review of your bankruptcy schedules, tax returns and bank statements. Due to the duration and nature of the meeting, it is very unlikely that any creditors will attend.

How will a Chapter 7 bankruptcy affect my credit?
A Chapter 7 bankruptcy will remain on your credit report for 10 years. Notwithstanding the length of time that the bankruptcy stays on your credit report, many people find that they are able to obtain new credit including automobile loans and low money down FHA mortgages during the time that the bankruptcy is still being reported on their credit report.

Can I transfer assets to someone else before I file a bankruptcy?
Transferring assets to friends or family members prior to the bankruptcy is a terrible idea. Your bankruptcy schedules require you to disclose transfers, the trustee will ask about transfers at the 341 meeting, the trustee can attempt to undo transfers considered to be fraudulent. If a trustee finds out about a transfer that you did not disclose, it can lead to the denial of your bankruptcy discharge.

What is the Mean Test?
The Means Test is used to determine if you qualify for a Chapter 7. It takes into account your family size, household income and expenses to determine if you have disposable income available to pay towards your debts. If you fail to pass the Means Test you may be unable to file a Chapter 7, but still may be able to file Chapter 13. The amount of your disposable income is used to determine the amount of your monthly payment in a Chapter 13 reorganization.

What are exempt assets?
Bankruptcy exemptions are designed to protect a certain amount of your assets in a Chapter 7 bankruptcy. Exemptions also help in determining how much certain creditors will get paid through your bankruptcy plan if you file a Chapter 13 bankruptcy. If you can "exempt" assets in bankruptcy it means that the Chapter 7 trustee cannot take it and sell it to pay your creditors.

Will I lose my house if I file a Chapter 7 in Florida?
Florida has the "Homestead Exemption" which means that 100% of the equity in your home is considered untouchable by your creditors or a federal bankruptcy trustee. There are some exceptions, for example the exemption does not apply to secured creditors such as a mortgage company or association.

Can my Chapter 7 be denied?
It is possible to have your bankruptcy denied, but such denials are reasonably easy to avoid. If you are accurate to the best of your ability when you answer the questions asked on the bankruptcy forms and questions asked by the trustee you should have no issues.

Does a Chapter 7 help if my house is in foreclosure?
Chapter 7 will delay a foreclosure and wipe the possible deficiency claim of the mortgage company if you want to sell it at a short sale or let it be foreclosed. A Chapter 7 will not force the bank to modify your mortgage; you will need a Chapter 13 for that.

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Chapter 7 Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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What is the difference between a Chapter 7 and Chapter 13? Chapter 7 is a liquidation bankruptcy. A trustee is appointed and can sell your non exempt assets for the benefit of your creditors. Chapter 13 is a reorganization. It can be used to save your home from foreclosure.

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Get bankruptcy and foreclosure help - Segaul Law Firm

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Get bankruptcy and foreclosure help - Segaul Law Firm

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The Segaul Law Firm is dedicated to providing personalized legal services. Our people oriented law firm has extensive knowledge of the complexity of our laws. Knowing that not one resolution works for every situation, our clients can be assured that the individual facts of each case will be addressed with customized solutions.

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You Deserve a Fresh Start

Stuff happened and now you feel overwhelmed. You're stressed, and maybe a little bit scared, and you don't know how to get out of the financial situation you find yourself in.

We can help.

But more than just helping, we get it. We know that difficult things happen to good people. We know that life happens and a lot of this wasn't your fault. We want to put you on a path that removes your stress and gives you peace of mind.

So let us help you.

LEARN MORE
Or call 954.424.3600 to get bankruptcy and foreclosure help now.

How We Help Our Clients

Personal Bankruptcy

Everyone deserves a second chance. Life can throw some heavy curveballs at you. At Segaul Law, we know that sometimes you need a fresh start - some breathing room to put your life back together. Bankruptcy may be the right choice for you.
LEARN MORE

Foreclosure Defense

If you are being threatened with foreclosure, you deserve qualified representation to protect your rights. At Segaul Law, we have effective strategies to provide our clients with relief and delay the foreclosure process.
LEARN MORE

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Personal Bankruptcy, Chapter 7 & 13 Attorney in Plantation, Sunrise, Fort Lauderdale

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Looking for a Personal Bankruptcy, Chapter 7 & 13 Attorney in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to serving the legal needs of discriminating businesses and individuals by providing personalized legal services. Call us today!

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At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life.We hold your hand through every step of the bankruptcy process. With us, bankruptcy is not a bad word. It is a meaningful start to a new, better chapter in your life.

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We make it easy for you to get a fresh start.

We know it can feel overwhelming at times and it isn't fair.

At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life.

We hold your hand through every step of the bankruptcy proces. With us, bankruptcy is not a bad word. It is a meaninful start to a new, better chapter in your life. It is the step needed to unburden you from the stress you currently feel so you can be happy again.

So when people ask us if we love what we do, we always say yes. Because we help people.

Call 954.424.3600 to get bankruptcy help now.

Is Bankruptcy Right For You?

The only way to know if bankruptcy is right for you is to talk to a bankruptcy lawyer who wants to help.

You need someone who is honest and ethical and wants the best for you. You will want someone who can explain the situation in plain english that you can understand. Most importantly, you will need someone you can trust.

Bankruptcy law are complex, so you need someone who can make it easy. That's what we do. We review your unique situation and give you the best advice for you. And many times bankruptcy is not the best choice.

So for experienced advice from bankruptcy lawyers who cares only about helping their clients, give Segaul Law Firm a call.

Call 954.424.3600 to get the right advice now.

Types of Personal Bankruptcy

What is Chapter 7?

Chapter 7, also known as a "Liquidation", may be utilized by individuals or business entities.

In a Chapter 7 proceeding, the Debtor can discharge all of his/her unsecured debts, while the secured debt remains unchanged. A Trustee is appointed to collect non-exempt or unprotected assets of the debtor's estate, reduce them to cash, and distribute the net proceeds to creditors, subject to the Debtor's right to retain certain "exempt" property and the rights of secured creditors. An objection to discharge may be filed by the Trustee or a creditor within 60 days following the first Meeting of Creditors.
LEARN MORE

What is Chapter 13?

Chapter 13 which is also known as "Adjustment of Debts of an Individual with Regular Income".

The Debtor is protected from lawsuits, garnishments, and other creditor actions while the Chapter 13 plan is in effect in order to give the Debtor(s) the opportunity to resolve the financial difficulties facing the Debtor(s). Chapter 13 bankruptcy procedures are commonly used to stop repossession, foreclosures and bring home loans current, and/or to repay IRS or real estate taxes over time at interest rates usually less than those charged by the taxing authorities.
LEARN MORE

Client Testimonials

From the first moment we sat down with him our feelings and embarrassment were slowly but surely taken by his calm and serene tone of voice expressing professionalism and absolute knowledge of what he does and represent.

I felt like a failure. I was worried about everything. I received an advertisement in the mail, and it spoke to me.

John's knowledge of the process is superb! Great staff

READ MORE TESTIMONIALS

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Personal Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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We know it can feel overwhelming at times and it isn't fair. At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life. We hold your hand through every step of the bankruptcy proces.

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When Should You Contact a Debt Relief Attorney?

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When Should You Contact a Debt Relief Attorney?

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You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

If you have a lot of debt to pay but have reached a point where you have no way to pay, then it is best to consider reaching out to a debt relief attorney in Plantation. It is true that you have the right to negotiate with the creditors on your own and even work out the arrangements.

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When Should You Contact a Debt Relief Attorney?

You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

If you have a lot of debt to pay but have reached a point where you have no way to pay, then it is best to consider reaching out to a debt relief attorney in Plantation. It is true that you have the right to negotiate with the creditors on your own and even work out the arrangements.

However, if you don't have a debt relief attorney on your side, then you might not be able to succeed. Here are a few situations where the best thing you can do is to hire a professional debt relief attorney plantation.

You Are at The Risk of Losing Your Wages
If you haven't paid your debts for several months, then there is a chance for the creditors to come after your earnings. If you owe the IRS back taxes or if you happen to be delinquent on loans, your wages may end up getting garnished. This is a situation where it is best to have a debt relief attorney at your side.

You Are at Risk of Being Sued by the Creditors
Creditors have the right to start a lawsuit against anyone who hasn't been able to pay them back. If you are at the risk of getting sued by the creditors, you might not know what you should do or how to resolve the problem. This is why it is best to seek the help of a debt settlement attorney because they will know what the best option is for you.

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When Should You Contact a Debt Relief Attorney? - Segaul Firm

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You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

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How Bankruptcy Attorneys Help Their Clients

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How Bankruptcy Attorneys Help Their Clients

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Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

Filing bankruptcy on your own can be a costly mistake and lead to you making even more mistakes too while filing for bankruptcy. Fortunately, you can avoid such mistakes by seeking the help of an experienced bankruptcy attorney in Fort Lauderdale.

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How Bankruptcy Attorneys Help Their Clients

Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

Filing bankruptcy on your own can be a costly mistake and lead to you making even more mistakes too while filing for bankruptcy. Fortunately, you can avoid such mistakes by seeking the help of an experienced bankruptcy attorney in Fort Lauderdale.
Why You Need a Bankruptcy Attorney
Bankruptcy processes can be quite complex and complicated. This means that they may require extensive forms, in-depth research about exemption laws, and more. Mistakes while filing for bankruptcy can result in loss of nonexempt assets, denial of debt discharge, and even criminal cases for fraud in some cases.

A skilled bankruptcy attorney in Fort Lauderdale with years of experience will help clients prevent all of these mistakes. Bankruptcy attorneys will also help clients in many other ways. Here is how bankruptcy lawyers help their clients.

The attorney will ensure that clients understand what legal options available to them

The lawyer will help clients to determine what type of bankruptcy is the best option for them

The bankruptcy attorney will ensure that clients fully comply with the bankruptcy requirements

An experienced attorney will help their clients to protect their property

The attorney will deal with loans and credit cards

The handling of payments will be done by the attorney

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How Bankruptcy Attorneys Help Their Clients - Segaul Firm

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Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

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Segaul Law Firm - Bankruptcy Foreclosure

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Segaul Law Firm - Bankruptcy Foreclosure

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Segaul Law Firm provides foreclosure defense, bankruptcy, and real estate litigation services in Fort Lauderdale and surrounding areas.

Need a real estate, foreclosure defense, or bankruptcy lawyer in Fort Lauderdale, Plantation, Davie, Sunrise or surrounding areas? Call us today to schedule a free, no obligation consultation with our experienced bankruptcy attorney.

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Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Segaul & Stoll, P.A. - a Plantation, Florida (FL) Law Firm

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Segaul & Stoll, P.A., a Plantation, Florida (FL) Law Firm -

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Located in Plantation Florida, Segaul Law Firm and attorney John Segaul has helped thousands of individuals and families file chapter 7 and chapter 13 bankruptcy. Segaul Law Firm offers free consultations, reasonable fees and payment plans.

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Segaul Law Firm, PA Overview

Located in Plantation Florida, Segaul Law Firm and attorney John Segaul has helped thousands of individuals and families file chapter 7 and chapter 13 bankruptcy. Segaul Law Firm offers free consultations, reasonable fees and payment plans.

Segaul Law Firm, PA Areas of Law

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Located in Plantation Florida, Segaul Law Firm and attorney John Segaul has helped thousands of individuals and families file chapter 7 and chapter 13 bankruptcy. Segaul Law Firm offers free consultations, reasonable fees and payment plans.

# data[].attributes.body
Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Segaul Law Firm, P.A. is a law firm in Fort Lauderdale, FL. Learn more about the Florida lawyers at Segaul Law Firm, P.A. Practice in Bankruptcy & Debt, Real Estate,

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Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Get foreclosure defense help - Segaul Law Firm

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Get foreclosure defense help - Segaul Law Firm

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If you are being threatened with foreclosure, you deserve qualified representation to protect your rights. We at Segaul Law are experts at Foreclosure Defense.

Call 954.424.3600 to get foreclosure defense help now

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Foreclosure Defense Lawyer in Plantation, Sunrise & Fort Lauderdale

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Looking for a Foreclosure Defense Attorney in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to providing personalized legal services. Call 954.424.3600 to get foreclosure defense help now.

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Chapter 13 Bankruptcy - Segaul Law Firm

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Chapter 13 Bankruptcy - Segaul Law Firm

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When the plan is completed, your remaining unsecured debts will be wiped out or discharged. Many Chapter 13 filers end up paying pennies on the dollar for their unsecured debts.

Call 954.424.3600 to speak with a bankruptcy attorney.

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What is Chapter 13 Bankruptcy?

Chapter 13 is a reorganization for individuals. It is a simpler and less expensive version of a chapter 11 filed by businesses. In Chapter 13, you will work with a Trustee to create a payment plan lasting 3 to 5 years. The plan consolidates and restructures your debt payments to make them more affordable.

To understand chapter 13 you must understand the difference between "secured debt" and "unsecured debt". Secured debt is debt that is attached to collateral such as a mortgage or car loan. Unsecured debt has no collateral. Credit cards and medical bills are examples of unsecured debt.

Chapter 13 can be used to save your home from foreclosure by forcing the bank to work out an affordable payment plan. Typically when a mortgage goes into foreclosure, the mortgage company will demand all of the back payments (the arrearage), plus thousands of dollars in attorney fees and court costs be paid upfront in order to dismiss the case. The Chapter 13 Plan allows you to spread the arrearage payments over five years. After completion of the plan, the mortgage would be reinstated and the foreclosure dismissed.

Car loans can also be modified in chapter 13 in order to decrease the payments. The plan reduces interest rates, stretches out the term of the loan and in some cases strips down the principal amount of the loan based on the value of the car at the time the case is filed.

The Chapter 13 plan will consolidate the payment on your unsecured debt. The plan payment is based on your non-exempt assets and your earnings. The Trustee will calculate your disposable income by taking your average income and subtracting certain expenses according to Floirda and national standards. After you've subtracted your allowable monthly expenses and required payments, you're left with your "disposable income." Certain expenses such as mortgage payments, child and spousal support payments, tax debts, and auto loan payments may be allowed to further reduce your disposable income. Your disposable income is what you'll have to contribute to your Chapter 13 plan each month. You'll make payments to the Bankruptcy Trustee and who will distribute the payments among your creditors. While the plan is in effect, the bankruptcy code protects you from lawsuits, garnishments, and other creditor actions in order to give you the opportunity to resolve the financial difficulties you are facing.

When the plan is completed, your remaining unsecured debts will be wiped out or discharged. Many Chapter 13 filers end up paying pennies on the dollar for their unsecured debts.

Call 954.424.3600 to speak with a bankruptcy attorney.

Chapter 13 Bankruptcy FAQ

Why file a Chapter 13 bankruptcy?
A Chapter 13 can save your home by giving you 5 years to catch up on your mortgage and your home being lost in foreclosure. A Chapter 13 can give you debt relief if you make too much money to file a Chapter 7 or do not want to lose non exempt assets in a Chapter 7.

If I file Chapter 13, will I end up paying all of my debts back?
The majority of those who file Chapter 13 are not required to pay all of their debts back. The repayment is based on your household income, expenses, and non exempt assets.
READ MORE FAQ BELOW

Chapter 13 Frequently Asked Questions

Why file a Chapter 13 bankruptcy?
A Chapter 13 can save your home by giving you 5 years to catch up on your mortgage and your home being lost in foreclosure. A Chapter 13 can give you debt relief if you make too much money to file a Chapter 7 or do not want to lose non exempt assets in a Chapter 7.

If I file Chapter 13, will I end up paying all of my debts back?
The majority of those who file Chapter 13 are not required to pay all of their debts back. The repayment is based on your household income, expenses, and non exempt assets.

How will a Chapter 13 bankruptcy affect my credit?
A Chapter 13 bankruptcy stays on the credit report for 7 years. Notwithstanding the length of time that the bankruptcy stays on your credit report, many people find that they are able to obtain new credit including automobile loans and low money down FHA mortgages during the time that the bankruptcy is still being reported on their credit report.

How can Chapter 13 help save my house?
The filing of a chapter petition results in an automatic stay of the foreclosure proceeding. A Chapter 13 bankruptcy will allow you to make monthly payments to catch up on your back payments.

What is the Mean Test?
The Means Test is used to determine if you qualify for a Chapter 7. It takes into account your family size, household income and expenses to determine if you have disposable income available to pay towards your debts. If you fail to pass the Means Test you may be unable to file a Chapter 7, but still may be able to file Chapter 13. The amount of your disposable income is used to determine the amount of your monthly payment in a Chapter 13 reorganization.

What are exempt assets?
Bankruptcy exemptions are designed to protect a certain amount of your assets in a Chapter 7 bankruptcy. Exemptions also help in determining how much certain creditors will get paid through your bankruptcy plan if you file a Chapter 13 bankruptcy. If you can "exempt" assets in bankruptcy it means that the Chapter 7 trustee cannot take it and sell it to pay your creditors.

What happens if my income goes down or I lose my job while I am in a Chapter 13 case?
If your income goes down or you lose your job, it may be possible to reduce your payment by modifying the Chapter 13 plan. It is also possible to convert your Chapter 13 case to a Chapter 7 if your income now allows you to qualify for Chapter 7.

Can Chapter 13 lower my car payments?
A Chapter 13 can often reduce payments by reducing the amount principal balance owed to the lender based on the current value of the car. It can also reduce the interest rate to a more favorable rate (i.e. not the 12 to 15 % that some people pay with less than perfect credit).

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Chapter 13 Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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Looking for a Chapter 13 Bankruptcy Lawyer in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to providing personalized legal services. Call 954.424.3600 to get bankruptcy help now.

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A chapter 7 discharge will help eliminate credit cards, medical bills, car repossession debt and even some IRS debt.

Call 954.424.3600 to speak with a bankruptcy attorney.

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What is the difference between a Chapter 7 and Chapter 13?
Chapter 7 is a liquidation bankruptcy. A trustee is appointed and can sell your non exempt assets for the benefit of your creditors. Chapter 13 is a reorganization. It can be used to save your home from foreclosure. Your payment to the court is based on your income, expenses and your non exempt assets.

What is a 341 Meeting of Creditors?
At the meeting the trustee will question you about assets, income and issues that may arise after the review of your bankruptcy schedules, tax returns and bank statements. Due to the duration and nature of the meeting, it is very unlikely that any creditors will attend.

How will a Chapter 7 bankruptcy affect my credit?
A Chapter 7 bankruptcy will remain on your credit report for 10 years. Notwithstanding the length of time that the bankruptcy stays on your credit report, many people find that they are able to obtain new credit including automobile loans and low money down FHA mortgages during the time that the bankruptcy is still being reported on their credit report.

Can I transfer assets to someone else before I file a bankruptcy?
Transferring assets to friends or family members prior to the bankruptcy is a terrible idea. Your bankruptcy schedules require you to disclose transfers, the trustee will ask about transfers at the 341 meeting, the trustee can attempt to undo transfers considered to be fraudulent. If a trustee finds out about a transfer that you did not disclose, it can lead to the denial of your bankruptcy discharge.

What is the Mean Test?
The Means Test is used to determine if you qualify for a Chapter 7. It takes into account your family size, household income and expenses to determine if you have disposable income available to pay towards your debts. If you fail to pass the Means Test you may be unable to file a Chapter 7, but still may be able to file Chapter 13. The amount of your disposable income is used to determine the amount of your monthly payment in a Chapter 13 reorganization.

What are exempt assets?
Bankruptcy exemptions are designed to protect a certain amount of your assets in a Chapter 7 bankruptcy. Exemptions also help in determining how much certain creditors will get paid through your bankruptcy plan if you file a Chapter 13 bankruptcy. If you can "exempt" assets in bankruptcy it means that the Chapter 7 trustee cannot take it and sell it to pay your creditors.

Will I lose my house if I file a Chapter 7 in Florida?
Florida has the "Homestead Exemption" which means that 100% of the equity in your home is considered untouchable by your creditors or a federal bankruptcy trustee. There are some exceptions, for example the exemption does not apply to secured creditors such as a mortgage company or association.

Can my Chapter 7 be denied?
It is possible to have your bankruptcy denied, but such denials are reasonably easy to avoid. If you are accurate to the best of your ability when you answer the questions asked on the bankruptcy forms and questions asked by the trustee you should have no issues.

Does a Chapter 7 help if my house is in foreclosure?
Chapter 7 will delay a foreclosure and wipe the possible deficiency claim of the mortgage company if you want to sell it at a short sale or let it be foreclosed. A Chapter 7 will not force the bank to modify your mortgage; you will need a Chapter 13 for that.

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Chapter 7 Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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What is the difference between a Chapter 7 and Chapter 13? Chapter 7 is a liquidation bankruptcy. A trustee is appointed and can sell your non exempt assets for the benefit of your creditors. Chapter 13 is a reorganization. It can be used to save your home from foreclosure.

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Get bankruptcy and foreclosure help - Segaul Law Firm

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Get bankruptcy and foreclosure help - Segaul Law Firm

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The Segaul Law Firm is dedicated to providing personalized legal services. Our people oriented law firm has extensive knowledge of the complexity of our laws. Knowing that not one resolution works for every situation, our clients can be assured that the individual facts of each case will be addressed with customized solutions.

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You Deserve a Fresh Start

Stuff happened and now you feel overwhelmed. You're stressed, and maybe a little bit scared, and you don't know how to get out of the financial situation you find yourself in.

We can help.

But more than just helping, we get it. We know that difficult things happen to good people. We know that life happens and a lot of this wasn't your fault. We want to put you on a path that removes your stress and gives you peace of mind.

So let us help you.

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Or call 954.424.3600 to get bankruptcy and foreclosure help now.

How We Help Our Clients

Personal Bankruptcy

Everyone deserves a second chance. Life can throw some heavy curveballs at you. At Segaul Law, we know that sometimes you need a fresh start - some breathing room to put your life back together. Bankruptcy may be the right choice for you.
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Foreclosure Defense

If you are being threatened with foreclosure, you deserve qualified representation to protect your rights. At Segaul Law, we have effective strategies to provide our clients with relief and delay the foreclosure process.
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Personal Bankruptcy, Chapter 7 & 13 Attorney in Plantation, Sunrise, Fort Lauderdale

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Looking for a Personal Bankruptcy, Chapter 7 & 13 Attorney in Plantation, Sunrise or Fort Lauderdale area? The Segaul Law Firm is dedicated to serving the legal needs of discriminating businesses and individuals by providing personalized legal services. Call us today!

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At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life.We hold your hand through every step of the bankruptcy process. With us, bankruptcy is not a bad word. It is a meaningful start to a new, better chapter in your life.

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We make it easy for you to get a fresh start.

We know it can feel overwhelming at times and it isn't fair.

At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life.

We hold your hand through every step of the bankruptcy proces. With us, bankruptcy is not a bad word. It is a meaninful start to a new, better chapter in your life. It is the step needed to unburden you from the stress you currently feel so you can be happy again.

So when people ask us if we love what we do, we always say yes. Because we help people.

Call 954.424.3600 to get bankruptcy help now.

Is Bankruptcy Right For You?

The only way to know if bankruptcy is right for you is to talk to a bankruptcy lawyer who wants to help.

You need someone who is honest and ethical and wants the best for you. You will want someone who can explain the situation in plain english that you can understand. Most importantly, you will need someone you can trust.

Bankruptcy law are complex, so you need someone who can make it easy. That's what we do. We review your unique situation and give you the best advice for you. And many times bankruptcy is not the best choice.

So for experienced advice from bankruptcy lawyers who cares only about helping their clients, give Segaul Law Firm a call.

Call 954.424.3600 to get the right advice now.

Types of Personal Bankruptcy

What is Chapter 7?

Chapter 7, also known as a "Liquidation", may be utilized by individuals or business entities.

In a Chapter 7 proceeding, the Debtor can discharge all of his/her unsecured debts, while the secured debt remains unchanged. A Trustee is appointed to collect non-exempt or unprotected assets of the debtor's estate, reduce them to cash, and distribute the net proceeds to creditors, subject to the Debtor's right to retain certain "exempt" property and the rights of secured creditors. An objection to discharge may be filed by the Trustee or a creditor within 60 days following the first Meeting of Creditors.
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What is Chapter 13?

Chapter 13 which is also known as "Adjustment of Debts of an Individual with Regular Income".

The Debtor is protected from lawsuits, garnishments, and other creditor actions while the Chapter 13 plan is in effect in order to give the Debtor(s) the opportunity to resolve the financial difficulties facing the Debtor(s). Chapter 13 bankruptcy procedures are commonly used to stop repossession, foreclosures and bring home loans current, and/or to repay IRS or real estate taxes over time at interest rates usually less than those charged by the taxing authorities.
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Client Testimonials

From the first moment we sat down with him our feelings and embarrassment were slowly but surely taken by his calm and serene tone of voice expressing professionalism and absolute knowledge of what he does and represent.

I felt like a failure. I was worried about everything. I received an advertisement in the mail, and it spoke to me.

John's knowledge of the process is superb! Great staff

READ MORE TESTIMONIALS

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Personal Bankruptcy Lawyer in Plantation, Sunrise & Fort Lauderdale

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We know it can feel overwhelming at times and it isn't fair. At Segaul Law Firm, we make it easy for you to get clear of your debts so you can go back to living your life. We hold your hand through every step of the bankruptcy proces.

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When Should You Contact a Debt Relief Attorney?

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When Should You Contact a Debt Relief Attorney?

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You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

If you have a lot of debt to pay but have reached a point where you have no way to pay, then it is best to consider reaching out to a debt relief attorney in Plantation. It is true that you have the right to negotiate with the creditors on your own and even work out the arrangements.

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When Should You Contact a Debt Relief Attorney?

You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

If you have a lot of debt to pay but have reached a point where you have no way to pay, then it is best to consider reaching out to a debt relief attorney in Plantation. It is true that you have the right to negotiate with the creditors on your own and even work out the arrangements.

However, if you don't have a debt relief attorney on your side, then you might not be able to succeed. Here are a few situations where the best thing you can do is to hire a professional debt relief attorney plantation.

You Are at The Risk of Losing Your Wages
If you haven't paid your debts for several months, then there is a chance for the creditors to come after your earnings. If you owe the IRS back taxes or if you happen to be delinquent on loans, your wages may end up getting garnished. This is a situation where it is best to have a debt relief attorney at your side.

You Are at Risk of Being Sued by the Creditors
Creditors have the right to start a lawsuit against anyone who hasn't been able to pay them back. If you are at the risk of getting sued by the creditors, you might not know what you should do or how to resolve the problem. This is why it is best to seek the help of a debt settlement attorney because they will know what the best option is for you.

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When Should You Contact a Debt Relief Attorney? - Segaul Firm

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You can end up in debt for a number of reasons. It might be due to being overly liberal with your credit card usage. However, you may wind up in serious debt because of circumstances that are not under your control such as medical bills and emergency home repairs.

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How Bankruptcy Attorneys Help Their Clients

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How Bankruptcy Attorneys Help Their Clients

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Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

Filing bankruptcy on your own can be a costly mistake and lead to you making even more mistakes too while filing for bankruptcy. Fortunately, you can avoid such mistakes by seeking the help of an experienced bankruptcy attorney in Fort Lauderdale.

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How Bankruptcy Attorneys Help Their Clients

Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

Filing bankruptcy on your own can be a costly mistake and lead to you making even more mistakes too while filing for bankruptcy. Fortunately, you can avoid such mistakes by seeking the help of an experienced bankruptcy attorney in Fort Lauderdale.
Why You Need a Bankruptcy Attorney
Bankruptcy processes can be quite complex and complicated. This means that they may require extensive forms, in-depth research about exemption laws, and more. Mistakes while filing for bankruptcy can result in loss of nonexempt assets, denial of debt discharge, and even criminal cases for fraud in some cases.

A skilled bankruptcy attorney in Fort Lauderdale with years of experience will help clients prevent all of these mistakes. Bankruptcy attorneys will also help clients in many other ways. Here is how bankruptcy lawyers help their clients.

The attorney will ensure that clients understand what legal options available to them

The lawyer will help clients to determine what type of bankruptcy is the best option for them

The bankruptcy attorney will ensure that clients fully comply with the bankruptcy requirements

An experienced attorney will help their clients to protect their property

The attorney will deal with loans and credit cards

The handling of payments will be done by the attorney

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How Bankruptcy Attorneys Help Their Clients - Segaul Firm

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Individuals who have decided to file bankruptcy are already in a financial crisis. As a result, most of these individuals decide to file bankruptcy on their own instead of hiring a lawyer to save money. Even if you are filing bankruptcy on your own, you will need to pay the same filing fees and costs.

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Segaul Law Firm - Bankruptcy Foreclosure

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Segaul Law Firm - Bankruptcy Foreclosure

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Segaul Law Firm provides foreclosure defense, bankruptcy, and real estate litigation services in Fort Lauderdale and surrounding areas.

Need a real estate, foreclosure defense, or bankruptcy lawyer in Fort Lauderdale, Plantation, Davie, Sunrise or surrounding areas? Call us today to schedule a free, no obligation consultation with our experienced bankruptcy attorney.

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Having practiced Bankruptcy law in South Florida since 1992 John Segaul is one of the most experienced and knowledgeable attorneys in the area. In addition, he and his office staff are kind and compassionate during what is typically a troublesome time for the client. He has represented thousands of individuals in chapter 7 and chapter 13 cases with excellent and desired results.

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Segaul & Stoll, P.A. - a Plantation, Florida (FL) Law Firm

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Segaul & Stoll, P.A., a Plantation, Florida (FL) Law Firm -