Is your debt over $10,000? Are you tired of getting harassing phone calls and demand letters? Is the stress of trying to pay your bills affecting your health? Is that same stress affecting your family as well? Then look no further than Sarasota Bankruptcy Lawyer Gary Jodat. Who happens to be the founding and managing attorney of Jodat Law Group, P.A.

Sarasota bankruptcy lawyer Gary Jodat can help you with your Chapter 7 or Chapter 13 bankruptcy case. He will help stop those harassing phone calls and demanding letters from creditors

He will explain to you that a Chapter 7 bankruptcy is a liquidation proceeding. The debtor turns over all non-exempt property to the bankruptcy trustee, who then converts it to cash for distribution to the creditors.

He will guide you through the process of providing the court a list of all of your debts and a list of everything you own and answering questions about your past financial dealings. He will help you figure out what property you can claim as exempt that you are allowed by law. This property you may keep. The trustee has the right to liquidate any property that cannot be claimed as exempt and then apply the cash to your debts.

Most people know that a chapter 13 bankruptcy gives you the chance to reduce the amount you pay on debts, allowing you to keep your property you otherwise might not be able to afford to keep, and it protects you from your creditors. Debtors facing home foreclosure or interest accruing on back tax debt would benefit from filing a Chapter 13 bankruptcy.

Gary R. Jodat will explain that a debtor must meet certain qualifications in order to file a Chapter 13 bankruptcy. You must have stable and regular income. Your income must be high enough so that after you pay for your basic human needs, you are likely to have money left over to make periodic payments to the bankruptcy court for three to five years. In addition, your debts must not be too high. There are limitations on how much secured as well as unsecured debt you are allowed to claim on a Chapter 13 bankruptcy.

Jodat Law Group, P.A. is an established law firm serving Bradenton, Sarasota and Desoto Counties since 1994. They will help you to file bankruptcy when you are suffering from creditor harassment. They also represent the rights of people with personal injury is caused in auto accidents and other negligence. Jodat Law Group also has a criminal Law division that diligently represents people accused of crimes and their family Law division represents parties with divorce, child custody and alimony issues.

Not only does this Sarasota bankruptcy lawyer have reasonable rates and an available payment plan, but he happens to be a lawyer who cares.

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Tags: Chapter 13 bankruptcy, Chapter 7 bankruptcy, Sarasota bankruptcy lawyer, Sarasota bankruptcy lawyer Gary Jodat

This entry was posted on Thursday, August 14th, 2008 at 5:59 am and is filed under Law. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.