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Florida Bankruptcy Laws

Sometimes a business or an individual will find that they have many more debts than what their income can cover. There may be ways to cut back on expenses but if there are debts that are in addition to normal expenses then bankruptcy may be an option worth considering. Many things can happen in a business or the life of a person that may result in excessive debt that cannot be repaid. Bankruptcy allows a person or company to have a second chance. It should never be assumed that if you contact a Florida attorney to discuss bankruptcy that you are a failure. The United States has had more than one President that filed for bankruptcy. We have also had many famous athletes, actors, singers and business owners who have all filed for bankruptcy protection. If you find that you are not able to cover your monthly expenses you may want to check with a Miami bankruptcy attorney to see if bankruptcy is a good option for you.