John Bristol is a bankruptcy lawyer who began his career in 1988. For the past 30 years, John has filed more than 5,000 consumer Chapter 7 and Chapter 13 Bankruptcy cases in the Southern District of Florida. The Southern District of Florida includes Dade, Broward and Palm Beach counties. However, because John's bankruptcy office is in Plantation, John limits his law practice in Broward County. If you live in Broward County, you qualify to file bankruptcy with our office. We offer PAYMENT PLANS and always provide FREE CONSULTATIONS (954) 475-2265
Should You file a Chapter 7 Or Chapter 13 Bankruptcy?
Videos That Explain Which Type Of Bankruptcy To Choose
Chapter 7 Bankruptcy
A chapter 7 Fort Lauderdale Bankruptcy is often referred to as the "Fresh Start" Bankruptcy. Prior to 2005, it was a simple choice to file a Chapter 7 bankruptcy with very few restrictions to qualify for a chapter 7 case. After 2005 and the adoption of the Bankruptcy Reform Act of 2005, it because much harder to qualify for a chapter 7 bankruptcy. There are now specific income limitations to filing a Chapter 7 case. If your income is high than the average person, you do not qualify for a chapter 7 case. The amount for an individual is approximately $43,000.00. Often people with a good job do not qualify for a chapter 7 Bankruptcy. Learn more aboutChapter 7 Bankruptcy.
Chapter 13 Bankruptcy
A Chapter 13 Fort Lauderdale Bankruptcy is often called the wage earner bankruptcy. In a Chapter 13 case, you are expected to propose a plan of reorganization. The plan is proposed to pay all or a portion of your debt. There are several reasons to file a Fort Lauderdale Bankruptcy 13 case. (1) You do not qualify for a Chapter 7 case because your income is too high. If you earn more money that the average person, you are required to pay a portion of your debts. If you earn more money, you should pay some of your debt. (2) You have property you wish to protect. In a chapter 7 bankruptcy, a Trustee is appointed to take your property. If you have property you wish to protect, you chose the chapter 13 case. Learn More about Chapter 13 Bankruptcy.
Chapter 11 Bankruptcy
A chapter 11 case begins with the filing of a petition with the bankruptcy court serving the area where the debtor has a domicile or residence. A petition may be a voluntary petition, which is filed by the debtor, or it may be an involuntary petition, which is filed by creditors that meet certain requirements. 11 U.S.C. §§ 301, 303. A voluntary petition must adhere to the format of Form 1 of the Official Forms prescribed by the Judicial Conference of the United States. Unless the court orders otherwise, the debtor also must file with the court. (1) schedules of assets and liabilities; (2) a schedule of current income and expenditures; (3) must file a schedule of executory contracts and unexpired leases; and (4) a statement of financial affairs.
Lisa Gilmour: Not only is John Bristol an excellent attorney, he is kind and compassionate. He, and his wonderful office staff, assisted me during a very difficult time in my life. I appreciate dedicated, and empathetic, professionals.
"Mr. Bristol was able to stop my foreclosure and modify my mortgage in 30 days"- Felix Gonzalez
"John immediately stopped bill collector's calls"- Audrey Rupert