Florida Foreclosure Advisor

In Chapter 7, a debtor surrenders his or her non-exempt property to a bankruptcy trustee who then liquidates the property and distributes the proceeds to the debtor's unsecured creditors. In exchange, the debtor is entitled to a discharge of some debt; however, the debtor will not be granted a discharge if he or she is guilty of certain types of inappropriate behavior e.g.

In Chapter 13, the debtor retains ownership and possession of all of his or her assets, but must devote some portion of his or her future income to repaying creditors, generally over a period of three to five years. Secured creditors may be entitled to greater payment than unsecured creditors. Relief under Chapter 13 is available only to individuals with regular income whose debts do not exceed prescribed limits.

Run by the well-known O. Max Gardner in North Carolina, Attorney Berlinsky attended the Boot Camp with fourteen other consumer bankruptcy attorneys from around the country.

Attorney Berlinsky and his fellow trainees dissected 2000+ documents including internal lender policies, SEC filings, learning the the bank lingo and "secret" codes and hidden risks found in the securitization of home mortgages, auto loans and common consumer credit card debts.

Call TODAY for a FREE initial consultation with no obligation, and find out how I may help you. I offer affordable monthly payments. Foreclosure: If you have been served with a foreclosure complaint, remember to bring a copy of the complaint. Bankruptcy: In order to advise you, we will need to know your household income, where you are employed, what your household expenses are.

If you retain The Berlinsky Law Firm, Stephen Berlinsky if appropriate will seek to get a modification of your mortgage loan to make you loan more affordable. As part of the bankruptcy process Mr. Berlinsky will file a motion for mortgage mediation seeking a modification of your loan.

Mediation is a process where after making an application for a modification, you meeting with your attorney and the lenders attorney before a Certified Mediator who will attempt to get the parties to reach an agreement to modify the mortgage.