What is Bankruptcy?

Importantly, it is not the end of the world. Simply put, it is a legal way to recover from a myriad of financial problems. It offers a person or business the opportunity to start over by forgiving debts that otherwise can’t be paid.

Parker & DuFresne understands that the decision to file for bankruptcy is a difficult one. We can help you eliminate debt, stop foreclosures, repossessions and wage garnishments.

The bankruptcy process involves the following basic steps:

  • A petition is filed by a debtor (most often) or by creditors (least often).

  • The debtor’s assets are measured and evaluated by way of a Means Test.

  • The Court determines the terms of repayment.

  • Assets are used to repay a portion of the debt, as determined by the Court.

  • Upon completion of repayment, the debtor is relieved of the debts that made filing necessary in the first place.

As basic as the steps are, the process itself can be difficult. The legal team at Parker & DuFresne is prepared to guide you through the process in such a way that you are comfortable, confident, and not overwhelmed. Through patient and respectful consultation with you, our attorneys will determine if and what kind of bankruptcy is right for you.

Contact Our Firm

Please call us at 904-733-7766 or fill out the form below so we can contact you as soon as possible.

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How May We Help You?

Our File Fast option is $249 for all bankruptcy services up to and including filing for bankruptcy.

Call today to set up your free consultation! 904-733-7766

San Jose Office

8777 San Jose Blvd. #301
Jacksonville, FL 32217

Blanding Office

4912 Blanding Blvd
Jacksonville, FL 32210