Is Bankruptcy Right for You?

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Rhonella

"When I had my appt I went in very nervous and stressed. When I walked out the door I felt that a weight was lifted off of my shoulders."

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Free Case Evaluation: 3 Easy Steps

 

1.

Complete our simple online questionnaire

 

2.

Schedule a free consultation with one of our Attorneys

 

3.

Receive individualized solutions tailored to your situation

Life After Bankruptcy

While creditors may want you to believe that filing for bankruptcy will ruin your life, we can assure you, that’s not the case. Our bankruptcy team has years of experience with clients before and after bankruptcy and can tell you what to expect after the process is complete. Englett and Associates have helped thousands of people just like you get out from under the heavy burden of debt and go on to rebuild credit and establish positive creditor relationships once again. Our attorneys are here to give you straight answers about bankruptcy, and the short and long-term effects it can have on you and your finances.

Credit Rating

While it’s true that a bankruptcy, either Chapter 7 or Chapter 13 will lower your credit scores immediately, it may not be as bad it seems. Many lenders are more willing to extend credit to you after a bankruptcy than another individual who is buried in monthly payments they can’t afford. Bankruptcy allows for more available income to be applied to credit accounts now.

Credit Potential

You can begin to rebuild your credit immediately following bankruptcy. You may be able to open a small savings account at a credit union and make regular deposits monthly. After building up the balance, you can apply for a small loan and borrow against the savings. Once you make timely payments to the credit union, you will begin to build good credit that gets reported to the credit bureaus. In time, after paying off the loan, you can open other accounts that contribute to your credit scores as well.

Mortgage and Rent

You will not necessarily lose your home by filing bankruptcy, unless you make the decision to let it go because payments are too high. If you choose to do this however, most apartment complexes will still rent to you with a bankruptcy on your credit history. In a few short years you’ll qualify once again for a home loan and can buy property then.

Car Loans

While you will pay a higher interest rate for an auto loan after bankruptcy, many auto dealerships will make you an auto loan as soon as one year following bankruptcy.

Moving Past Bankruptcy

While filing for bankruptcy is a serious life event for many people, it doesn’t necessarily have the negative consequences you might fear. To get the answers and information you need before making a decision, contact Englett and Associates for an initial consultation at, (855) 215-2280.

We offer debt relief solutions in compliance with U.S Bankruptcy Code.

Our Locations

Orlando

150 North Orange Avenue

Suite 303B

Orlando, Florida 32801

(407) 455-7359

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Tampa

100 South Ashley Street,

Suite 600

Tampa, Florida 33602

(813) 496-7375

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Fort Lauderdale

888 South Andrews Avenue

Suite 302

Fort Lauderdale, Florida 33316

(954) 334-7776

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Fort Myers

5237 Summerlin Commons Blvd

Suite 305

Fort Myers, Florida 33907

(239) 275-2279

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West Palm Beach

324 Datura Street

Suite 150

West Palm Beach, Florida 33401

(561) 847-7721

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St. Petersburg

970 Lake Carillon

Suite 356

St. Petersburg, Florida 33716

* By Appointment Only*

(727) 497-6076

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Lakeland

Lakeland 1102 S. Florida Ave

Suite 121

Lakeland, Florida 33803

* By Appointment Only*

(863) 327-1724

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Melbourne

6767 North Wickham Road

Suite 400

Melbourne, Florida 32940

* By Appointment Only*

(321) 460-1646

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DeLand

120 South Woodland Boulevard

Suite 203

DeLand, Florida 32720

* By Appointment Only*

(386) 626-0011

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Naples

1415 Panther Lane

Suite 374

Naples, Florida 34109

* By Appointment Only*

(239) 201-2527

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Miami

3350 SW 148th Ave.

Suite 110

Miramar, Florida 33027

(305) 967-6361

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Jacksonville

50 North Laura St

Suite 2566

Jacksonville, Florida 32202

(904) 224-1522

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