At The Law Offices of George Castrataro, P.A., we are aware that medical debt can be staggering for those in Fort Lauderdale and elsewhere. After an unexpected illness, an accident or a routine medical procedure, you might find yourself facing hundreds or even thousands of dollars in out-of-pocket expenses. If you have healthcare insurance, you are not necessarily shielded from overwhelming medical expenses. You may be forced to pay high deductibles and co-pays, as well as cover the cost of medication and treatments that your plan will not pay for.
You filed for Chapter 11 bankruptcy in order to keep your creditors at bay while you reorganize your business and straighten out your finances. Now, you feel as though the trustee overseeing your case treats you as though he or she does not trust you. Understanding the duties of the trustee might make it easier to bear the scrutiny.
Filing for bankruptcy is not a decision that most Fort Lauderdale residents make lightly. Before you apply for Chapter 7 or Chapter 13, you must meet certain criteria. The financial choices you make before and during the bankruptcy process may also affect the outcome, and could even cause your bankruptcy application to be denied. As you might imagine, it is imperative to make the right decisions during the process, as well as to understand how bankruptcy works to avoid making a mistake.