Fort Lauderdale Bankruptcy Attorneys

When you are struggling to pay your debts, it is easy to feel isolated, ashamed and alone. You may not realize that millions of people are in the same situation. You are not alone. At Nowack & Olson in Fort Lauderdale, Florida, we have helped thousands of people regain control of their finances and find relief under the Bankruptcy Code.

What Type Of Bankruptcy Is Right For Me?

Bankruptcy exists because people have a right to overcome their financial challenges and get a fresh start. When bad things happen to good people — such as a divorce, medical emergency or job loss — bankruptcy offers a path to financial solvency and success.

There are many different chapters under the Bankruptcy Code, and each type of bankruptcy is unique.

  • Chapter 7 — Chapter 7 bankruptcy involves selling or "liquidating" your assets to pay off whatever debt possible, then discharging (or "wiping out") the rest of your unsecured debts so you can start fresh.
  • Chapter 13 — Chapter 13, also called "wage earner's bankruptcy," involves creating a repayment plan to repay whatever debts possible over several years. At the end, the remaining debt is discharged.
  • Chapter 11 — Chapter 11 is typically reserved for small and family-owned businesses. This type of bankruptcy can allow some businesses to continue operating while going through bankruptcy.

Regardless of which chapter applies to you, you can be certain of one thing. The experienced Fort Lauderdale bankruptcy lawyers of Nowack & Olson are on your side. We will work with you and your creditors in an effective and efficient way so we can resolve your bankruptcy matter and get you back on track.

Let's Talk About Your Options

From our offices in Fort Lauderdale, we serve people throughout South Florida, including the Palm Beach area. To arrange a free consultation with one of our trusted bankruptcy attorneys, please fill out our contact form or call 888-813-4737.