What it isn’t

Although bankruptcy is a highly effective way to regain control of your finances, it is not a quick fix for other issues you may be facing.
It won’t make a spouse love you, but it’s a known fact that financial pressure is the #1 cause of divorce.
It won’t cure a gambling problem, but you can probably use it to wipe out existing gambling debt.
It won’t make your parking/moving violations go away, but (with chapter 13) it can buy you up to 5 years’ time to make payments and immediately get your license back if it was suspended for nonpayment.
Sadly, it will not make your student loans go away (but maybe someday).
It won’t cure any health issues or make you physically fit, but stress is a major killer in our society.  Bankruptcy can release pressure that often accompanies financial woes. You’ll be able to think clearer to rebuild the quality of life you deserve.

Disclaimer: The Law Offices of Michael E. Zapin is a debt relief agency and we help our clients file for bankruptcy relief.

The materials and discussions on this website are for informational purposes only and not intended to be legal advice to you. Most of the information on this website is based on Florida law. Laws are not static, they are fluid. Legislatures periodically change dollar values in laws relevant to bankruptcy. Though we strive to remain current on the law, always check primary sources for the most recent values or developments.  Laws in your home state may vary. Contact a competent local professional for actual legal advice or ask us for a referral.