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Saving Your House and Car
One of the most common misconceptions about bankruptcy
is that you will have to give up everything that you own when
you file bankruptcy. On the contrary, many of our clients are
able to save their home, car, retirement plan, personal
property, such as furniture and household items up to certain
limits. Under Florida's exemption laws, you may be able to keep
many of your possessions. We help individuals and families sort
through their property and advise them what is considered exempt
and non-exempt.
Is imperative that you keep making the payments
on your mortgage and auto loan in order to keep your house and
car. At Carrillo and Carrillo, P.A., in Miami, Florida, we have
extensive experience handling legal matters. We have helped individuals
and families sort through their property and advise them what
is considered exempt and non-exempt.
Florida has very liberal property exemptions that
are applicable in bankruptcy. The homestead exemption allows a
debtor an unlimited homestead exemption. The exemption is limited
to $125,000 only if the property was acquired within the previous
1215 day (3 years, 4 months).
Bankruptcy was designed to provide you with a fresh
financial start not to take your possessions.
At Carrillo and Carrillo, P.A., we provide the highest
level of personal service and attention to detail, empowering
you with all the resources required to make the difficult decisions
for you and your family.
Contact the Attorneys at Carrillo and Carrillo,
P.A. for a free initial consultation and allow them to assist
you evaluating your situation and help you find solutions to your
financial problems.
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