OfficialDirector's Bankruptcy Forms Southern District of Florida

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when you have more debt than you can handle you've probably thought about bankruptcy as a possible option hi my name is Gideon Alper and I'm an asset protection attorney located in Orlando Florida and I want to talk with you a little bit about bankruptcy what it does who's eligible and whether it's a good idea for you Chapter 7 bankruptcy is the process where you can get rid of most of your debt but there's a consequence because in Chapter 7 bankruptcy your non-exempt assets are liquidated so what do I mean by that in Florida you have certain exemptions over some of your assets and those assets can't be taken or liquidated in a Chapter 7 bankruptcy you get to keep them the most commonly known exemption is probably the Florida homestead exemption meaning that even if you file bankruptcy you get to keep your home there's other exemptions too and sometimes if you're married and you're the only one filing bankruptcy you may be able to keep your joint property as well so not everything is l