AV Preeminent Peer Rated Attorneys
Lynn Haven Residents, consider several factors when selecting a lawyer including their experience, expertise, and reputation. AV Rated Attorneys represent a distinguished group of lawyers who have received top ratings from their peers for their exceptional ethical standards and an A grade (4.5 or higher).
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AV Preeminent Peer Rated Attorneys
Lynn Haven Residents, consider several factors when selecting a lawyer ... Learn More
AV Preeminent Peer Rated Attorneys
Lynn Haven Residents, consider several factors when selecting a lawyer including their experience, expertise, and reputation. AV Rated Attorneys represent a distinguished group of lawyers who have received top ratings from their peers for their exceptional ethical standards and an A grade (4.5 or higher).
  • 501 W 11th Street, Suite A, Panama City, FL 32401

  • Law Firm with 6 lawyers1 award

  • A law firm practicing bankruptcy law.

  • Bankruptcy LawyersCivil Rights, Land Use, and 6 more

Eric Krebs
Bankruptcy Lawyer
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Stone & Sutton, P.A.

4.1
34 Reviews
  • 837 Grace Avenue, Panama City, FL 32402

  • Law Firm with 2 lawyers2 awards

  • Need Justice? Specializing in Personal Injury, Auto Accident, Wrongful Death, Family Law, Divorce, and Elder Law and Probate and Estate Planning. Call 850-250-5604 today - we can... Read More

  • Bankruptcy LawyersAutomobile Accidents And Injuries, Personal Injury, and 247 more

Pamela Sutton
Bankruptcy Lawyer
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Stone & Sutton, P.A.

4.1
34 Reviews
  • Serving Panama City Beach, FL

  • Law Firm with 2 lawyers2 awards

  • Need Justice? Specializing in Personal Injury, Auto Accident, Wrongful Death, Family Law, Divorce, and Elder Law and Probate and Estate Planning. Call 850-250-5604 today - we can... Read More

  • Bankruptcy LawyersAutomobile Accidents And Injuries, Personal Injury, and 247 more

Pamela Sutton
Bankruptcy Lawyer
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  • 848 Jenks Ave., Panama City, FL 32401

  • 213 Harrison Ave., Ste. 11, Panama City, FL 32401

  • 8727 Thomas Dr., Apt. D-14, Panama City, FL 32408

  • 101 W 5th Street, Suite B, Panama City, FL 32401

  • 239 E. 4th St., Panama City, FL 32401-3110

  • 502 Harmon Ave., Panama City, FL 32401

  • 565 Harrison Ave., Panama City, FL 32402

  • 8 Miracle Strip Loop, Panama City Beach, FL 32407

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  • 108 Mosley Dr., Lynn Haven, FL 32444

  • 1449 Jenks Ave., Panama City, FL 32401

  • Panama City, FL 32411-7076

  • 5 Miracle Strip Loop, Suite 9, Panama City Beach, FL 32407

  • Panama City, FL 32412-0462

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Looking for Bankruptcy Lawyers in Lynn Haven?

Bankruptcy lawyers help individuals and businesses find relief from overwhelming debt. They analyze your financial situation and guide you through processes like Chapter 7 liquidation or Chapter 13 reorganization. Their goal is to stop creditor harassment, protect your assets, and provide a legal path to a fresh financial start.

About our Bankruptcy Lawyers Ratings

The average lawyer rating is created by peers based on legal expertise, ethical standards, quality of service, and relationship skills. Recommendations are made by real clients.

CLIENT RECOMMENDED
67 %

68 Client Reviews

PEER REVIEWS
4.2

752 Peer Reviews

Commonly Asked Bankruptcy Questions From Users Near You

This information is not legal advice and is not guaranteed to be correct, complete or up-to-date. It is provided for general informational purposes only. If you need legal advice you should consult a licensed attorney in your area.

What is the Status of Mortgage after Bankruptcy?

John A Moffa
Answered by attorney John A Moffa (Unclaimed Profile)
Bankruptcy lawyer at Moffa & Breuer, PLLC
The answer is that the note and mortgage still govern the transaction. All that has changed is that the lender can only look to the property for payment, not to discharged debtors. So the lender can still raise or lower the payments, pursuant to the Note and foreclose if the terms of the agreement are not complied with. You are correct that your personal obligation to pay has been discharged. You can certainly sell the property and payoff the balance of the mortgage, but I would only recommend this if you are going to get money from the sale. Why try to short-sell a property that will inconvenience you by showing it when it does NOT affect your credit rating and does NOT get you any money. Banks seem leery to refinance these properties, but why a NEW lender wouldnt give you a mortgage if all other criteria is met, is a mystery to me.
The answer is that the note and mortgage still govern the transaction. All that has changed is that the lender can only look to the property for payment, not to discharged debtors. So the lender can still raise or lower the payments, pursuant to the Note and foreclose if the terms of the agreement are not complied with. You are correct that your personal obligation to pay has been discharged. You can certainly sell the property and payoff the balance of the mortgage, but I would only recommend this if you are going to get money from the sale. Why try to short-sell a property that will inconvenience you by showing it when it does NOT affect your credit rating and does NOT get you any money. Banks seem leery to refinance these properties, but why a NEW lender wouldnt give you a mortgage if all other criteria is met, is a mystery to me.
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Will I be charged with fraud for putting the gi bill payments in my chapter 7 bankruptcy?

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Answered by attorney Larry Dale Webb (Unclaimed Profile)
Bankruptcy lawyer at Law Offices of Larry Webb
Get in front of this. Reopen your case, amend the petitions and then close the case. Fraud is a reach on your facts.
Get in front of this. Reopen your case, amend the petitions and then close the case. Fraud is a reach on your facts.

Can IRS debt be discharged in chapter 7 bankruptcy?

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Answered by attorney Michael Burton McFarland (Unclaimed Profile)
Bankruptcy lawyer at Michael B. McFarland, PA
You seem to be off on the dates, because your 2009 return wouldn't have been filed before early 2010. However, assuming there was no fraud or other problems, taxes that were assessed on returns filed 3 or more years prior to the bankruptcy are generally dischargeable in Chapter 7. The code language is complex and confusing (see 11 U.S.C. section 523). Best to consult with an experienced bankruptcy attorney before filing.
You seem to be off on the dates, because your 2009 return wouldn't have been filed before early 2010. However, assuming there was no fraud or other problems, taxes that were assessed on returns filed 3 or more years prior to the bankruptcy are generally dischargeable in Chapter 7. The code language is complex and confusing (see 11 U.S.C. section 523). Best to consult with an experienced bankruptcy attorney before filing.
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