Bankruptcy "All people are equal under the law. A good attorney is what makes the difference."

West Palm Beach Bankruptcy Lawyer

Helping Clients Obtain Freedom from Debt

Under the United State Bankruptcy Code, personal bankruptcy may be filed by either filing Chapter 7 Bankruptcy or Chapter 13 Bankruptcy. Chapter 7 Bankruptcy is a liquidation of non-exempt assets which are distributed among your creditors to pay off your debt, while Chapter 13 Bankruptcy is payment plan made up of disposable income over a period of 3 to 5 years. If you are considering filing for bankruptcy, let Asghar Law help. Our team has the experience to help you get through the proceedings with confidence.

Dial (561) 609-0032 now and schedule your 60-minute consultation with the West Palm Beach bankruptcy lawyer at Asghar Law. You can also contact us online.

The Limitations of Bankruptcy

Not everyone qualifies for Chapter 7 Bankruptcy. In order to do so, an individual must make less than the state median income or qualify under the "means test." An individual who qualifies can file for Chapter 7 Bankruptcy and receive relief for eight years from the date of the debt’s discharge.

Chapter 13 Bankruptcy may only be filed if the individual has less than $307,675 in unsecured debt and less than $922,975 in secured debt. Chapter 13 discharge won’t be granted if debtor received discharge in Chapter 7, 11, or 12 four years earlier or more or a previous Chapter 13 discharge two years before.

Eliminate Your Debt

Chapter 7 Bankruptcy eliminates many kinds of debt, providing you with much-needed relief and peace of mind. However, there are some debts which cannot be resolved through Chapter 7 Bankruptcy.

Debts which cannot be forgiven include:

  • Student loans
  • Support obligations
  • Taxes

This will take place immediately upon discharge by the bankruptcy court. Chapter 13 Bankruptcy is similar to Chapter 7 Bankruptcy in that all debt is discharged except for student loans, support obligations, and taxes. However unlike Chapter 7 Bankruptcy, an individual is considered liable to their creditors in a Chapter 13 Bankruptcy until the payment plan is completed in 3 to 5 years.

Effect on Credit Score

The incidence of Chapter 7 Bankruptcy will remain on a person’s credit score for up to 10 years from the date of the filing. A Chapter 13 Bankruptcy may also appear up to 10 years on your credit report, however some creditors may report it only for 7 years.

If you are interested in having a bankruptcy consultation, please call (561) 609-0032 today.

Where Legal Solutions and Compassion Converge

Our experienced team goes the extra mile to ensure your needs are met with precision and care. We believe in not only meeting but exceeding your expectations, setting a new standard in the legal field. Experience the difference for yourself and discover why our clients trust us to handle their immigration legal matters. Your journey begins with the extraordinary.

  • A Legacy of Trust
    Established in 2014, Asghar Law boasts a legacy of trust and excellence. Our 10+ years of experience are a testament to our deep understanding of immigration laws and processes.
  • Direct Attorney Consultations
    Every consultation at our firm is directly with an attorney, ensuring that you receive personalized and expert legal guidance from the very beginning.
  • Multilingual Support
    Language should never be a barrier. Our team speaks Spanish, Portuguese, Ukrainian, and Russian, providing comprehensive support to diverse communities.
  • Transparency and Timely Updates
    We provide continuous updates on your case's progress, coupled with comprehensive explanations of each step and any legal changes that may impact your situation.

Contact Asghar Law Today!

Contact Asghar Law today to benefit from our expertise and commitment to exceeding your expectations. Don't hesitate – take the first step towards a brighter future by reaching out at 561-609-0032 or contacting us online. We're ready to guide you through every step of the process.

  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please make a selection.
  • Please enter a message.
  • By submitting, you agree to be contacted about your request & other information using automated technology. Message frequency varies. Msg & data rates may apply. Text STOP to cancel. Acceptable Use Policy
The Heartbeat of Our Practice Client Success Stories
  • "I am grateful for all her and the firms help"
    I had difficulty getting my citizenship,not to mention previous charges that were dropped,Zorelly Sanchez at Asgar Law went above and beyond to make sure we covered all parts of the interview process.
    - Lemar H.
  • "Hands down the best in Florida!"
    From the moment we walked into the office to the moment we obtain our goal, they both treated us with respect, love and kindness. They spent time to truly listen to our needs and execute with complete confidence.
    - Collin G.
  • "What a fantastic team at Asghar Law!"
    What truly stood out was the way they fostered a strong relationship with me, keeping me informed and involved at every stage. This combination of professionalism and personal connection made my experience with this team truly outstanding. I wholeheartedly
    - Anto K.
  • "Mr. Asghar is truly a genius Lawyer."
    He is a Magician if you ask me. I had an issue with my immigration for my wife I went to Asghar Law Firm they were very clear from start to finish about what needed to be done and how much they would charge.
    - Oscar D.