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Bankruptcy

What is the best free source to obtain information about whether it is a good idea or if I even qualify to file bankruptcy?

How much does it cost to file for bankruptcy?

If I file bankruptcy, will I loose any of my stuff?

Will filing bankruptcy mean that I can never get credit again?

Is my ability to maintain top secret security clearance effected?

Do I have to go to court for bankruptcy?

If I do not have the money to pay all my attorney fees and the court filing fee up front, does your firm offer payment plans?





Q: What is the best free source to obtain information about whether it is a good idea or if I even qualify to file bankruptcy?

The best source isn't your neighbors, your friends, your relatives, or surfing the internet. The best, fastest, and easiest way is to speak to an attorney who frequently files bankruptcy cases in your area. 

Click the INSTANT CALL BACK button located to the left. In just a few minutes, a local bankruptcy attorney will call you back to explain the bankruptcy process to you and answer any specific questions that you might have.  This valuable service is confidential, free, and offered with no further obligation.  Additionally, you may access some excellent general bankruptcy information videos by clicking the Video Link button on the left side of this page.


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Q: How much does it cost to file for bankruptcy?

It depends if the bankruptcy is filed under Chapter 7 or Chapter 13 of the United States Bankruptcy Code.  The Chapter 7 filing fee is presently $306.  The  Chapter 13 filing fee is presently $299.  These amounts do not include attorney fees.  Attorney fees vary depending on the specific circumstances.  Ordinarily, a Chapter 13 is more expensive than a Chapter 7. 

My typical Chapter 7 fee range is ordinarily a flat rate fee somewhere between $1,000 and $1,700. I can give you a more specific attorney fee  quote after we discuss your specific circumstances. To call now for a price quote, click the INSTANT CALL BACK button located to the left. Alternatively, if you would like me to contact you at a specific time, please complete and submit the CONTACT US information on the left side of this page.


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Q: If I file bankruptcy, will I loose any of my stuff?

In the vast majority of Chapter 7 bankruptcy cases I file, my clients do not loose any of their "stuff".  The reason is that, more often than not, all of their property is able to be exempted from sale by the bankruptcy trustee based on applicable bankruptcy and non-bankruptcy laws.  Determination of what property items may be exempted involve complicated application of these laws. 

If you have concerns about loosing property as a result of filing bankruptcy, I suggest you call me to discuss these specific concerns.  I am available to call you back right now.  Click on the CALL BACK NOW button on the left sidebar of this page.


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Q: Will filing bankruptcy mean that I can never get credit again?

No.  Bankruptcy is reported to all 3 major credit bureaus Equifax, Experian, and Trans Union.  It will remain on your credit files for up to 10 years.  However, your ability to obtain future credit is based largely on credit scoring not on the fact you filed bankruptcy.

In many, actually most, instances my clients' credit scores actually increased in the year after they filed bankruptcy.  At my clients' initial office consultation, I have the ability to access a compilation of credit reports from all three bureaus.  This report, provided by CreditExpert, Inc., not only states what your present credit score is, but will also estimate what your credit score will be one year post bankruptcy.   


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Q: Is my ability to maintain top secret security clearance effected?

Being located near Eglin Air Force Base, Hurlbert Field, and Whiting Field, I routinely handle many bankruptcy cases involving members of the Armed Services and civilian contractors. I have never seen any instance of a person filing bankruptcy that resulted in them loosing their top secret clearance.  In fact, I would say the opposite is true. I have been called upon to assist many people to actually maintain their secret clearances by helping them to discharge past due debts that they owe.  In short, when evaluating an individuals security risk, the fact that they previously declared bankruptcy does not look nearly as bad as their having unpaid and/or late accounts.


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Q: Do I have to go to court for bankruptcy?

This answer may surprise you.  Very rarely do debtors have to go to court when they declare bankruptcy.  There is, however, a brief meeting with the bankruptcy trustee assigned to your case.  This meeting takes place at the Winston E. Arnow Federal Building in Pensacola.  A map to this location is available in the Client Services section of this web site.  These meetings generally are scheduled 30-45 days after your case is filed.  Most often they are on a Tuesday, Wednesday, or Thursday morning.  This meeting usually takes 5-10 minutes.


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Q: If I do not have the money to pay all my attorney fees and the court filing fee up front, does your firm offer payment plans?

Yes.  Having practiced bankruptcy law for more than 20 years, I understand that often people needing to file bankruptcy may not have the money to pay all of their fees and court cost in one lump sum.  That is why I offer payment plans that will help you to afford to file bankruptcy. I can spread the payments out over 4-6 months.  I do not actually file your case with the bankruptcy court until all fees and costs have been paid, however, after you make your very first payment to me, you may then immediately then start referring any of your creditors attempting to collect a debt from you to me. Also, once this first payment is made to me, you will have reasonable email and telephone access to me concerning matters related to your case. 


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We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. Additionally, we are lawyers who help people facing mortgage foreclosure, collection practices violations, and collection lawsuits.

Attorney, William T. Shaffer has offices located in Crestview, Florida (Okaloosa County). He assists clients in Baker, Laurel Hill, Defuniak Springs, Freeport, Santa Rosa Beach, Holt, Pace, Milton, Navarre, Gulf Breeze, Jay, Pensacola, Shalimar, Eglin A.F.B, Hurlbert Field, Niceville, Fort Walton Beach, Okaloosa Island, Miramar Beach, Ponce De Leon, Mossy Head, and the surrounding Florida Panhandle area.



© 2017 William T. Shaffer, Attorney at Law | Disclaimer
146 Woodruff Ave. W., Crestview, FL 32536
| Phone: 850-398-5187

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