Filing the petition for a chapter 7 bankruptcy in Fort Lauderdale, Florida, may be the beginning of your journey to financial relief, but it is actually only the first step in a process. According to the U.S. Bankruptcy Court, Southern District of Florida, another component of your bankruptcy is attendance at a meeting with your bankruptcy trustee and creditors.
While your debt may not actually be rising once you stop making purchases with a credit card in Florida, it may take years to pay off the balance if you only make the minimum payment. If you are looking at solutions for getting out from under overwhelming credit card debt, you may have considered a debt settlement company. At the Law Offices of George Castrataro, P.C., we are able to provide answers to questions people often have when considering this option.