Guiding Consumers and Businesses Through the Bankruptcy Process in Lake County
If you are struggling to survive financially in the current economic climate, bankruptcy can be a viable solution for you to move beyond these hardships. At The Law Office of Michael E. Golub P.A., we believe in providing the support and resources you need to understand your options and make the best decisions based on your specific circumstances. We assist consumers and corporations with all types of bankruptcy, including Chapters 7, 11, 12 and 13.
Skilled Representation for a Broad Range of Bankruptcy Protection
Our firm routinely accepts cases involving the four main methods of bankruptcy:
- Chapter 7 – Chapter 7 is the most common form of consumer bankruptcy. This method requires debtors to liquidate their assets in return for dischargeable debt. The debtor is entitled to keep specified exempt property available under federal or state law. Filing a Chapter 7 petition triggers an automatic stay that stops creditors from attempting to collect any further debts from the debtor.
- Chapter 11 – Chapter 11 bankruptcy is used by corporations or partnerships to create a plan for reorganization and pay creditors over time.
- Chapter 12 – Family farmers or family fishermen with regular annual incomes are eligible to file for Chapter 12 bankruptcy. Similar to Chapter 11, financially distressed farmers may file a plan for repayment and make installment payments to creditors.
- Chapter 13 – Chapter 13 allows individuals with a stable income to retain their property and make payments to creditors over a specified period of time while potentially avoiding foreclosure. There are limits on the amount of debt you may have and still be eligible for Chapter 13 assistance.
While filing bankruptcy can be an effective way of getting a fresh start, it is important to note that not all debts are dischargeable. Child support and alimony payments, in addition to some federal income taxes, are not dischargeable. In most cases, student loans cannot be discharged, either.
It is important to seek a qualified bankruptcy lawyer to discuss your specific needs and choose the right method of bankruptcy. Our attorney will work closely with you to identify what debt you may be able to discharge by filing bankruptcy.
Understanding Local Bankruptcy Challenges in Lake County
Living in Lake County, you may be familiar with the unique financial challenges that residents face. The local economy, while diverse, can sometimes lead to financial instability for both individuals and businesses. Whether you're in Tavares, Eustis, or Mount Dora, the pressures of maintaining financial health can be overwhelming. The Law Office of Michael E. Golub P.A. can help you navigate these challenges with tailored bankruptcy solutions.
One common pain point for Lake County residents is the threat of foreclosure, especially in areas like Leesburg and Clermont where property values can be volatile. Filing for Chapter 13 bankruptcy can be a lifeline, allowing you to keep your home while restructuring your debt. Our team understands the local real estate market and can help you create a repayment plan that aligns with your financial situation.
Another significant concern is the impact of medical debt, which is prevalent in communities served by local healthcare providers like AdventHealth Waterman. Chapter 7 bankruptcy can offer relief by discharging unsecured medical debts, giving you a fresh start. We are committed to helping you understand your options and make informed decisions that will lead to a more secure financial future.
At The Law Office of Michael E. Golub P.A., we pride ourselves on our deep understanding of Lake County's unique financial landscape. Our goal is to provide you with the knowledge and support you need to overcome your financial challenges and achieve lasting stability.
End Credit or Harassment — File For Bankruptcy Today
Michael E. Golub has the legal skills and experience to resolve the most challenging bankruptcy cases. Learn how we will help you work toward successfully moving toward a more financially secure future. We serve clients throughout central Florida and offer free 30-minute consultations from our office in Tavares.
Call an attorney at (352) 290-2877, or contact us online to discuss your case. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
Testimonials
Former Clients Share Their Stories-
“Mr. Golub showed great discernment in the situation and knew exactly what he needed to do for the well-being of his client.”
- Lynda -
“He was so aggressive and got our story of what had truly happened heard and they were ordered to return him immediately. I was extremely impressed at the way he fought for us.”
- Former Client -
“Mr.Golub took what was a seemingly impossible overwhelming situation and pushed the easy button. His prices were more than fair for the amount of headache I didn't have. Thank you Mike Golub.”
- Carmen S. -
“Michael and his team did a great job with my bankruptcy! They are very knowledgeable about the process and supported me through out it. He is even well known and respected by the court system.”
- Jim -
“We appreciate Mr. Golub so much. He helped us get our child right back when DCF wrongly took him. He went out of his way to meet with the Judge with us on Saturday Morning. We would recommend him to anyone and we greatly appreciate him and his staff.”
- James