Struggling with overwhelming credit card debt, medical bills, or other unsecured debts in the Tampa Bay area? Chapter 7 bankruptcy may offer the fastest and most complete debt relief available. At the Gina Rosato Law Firm, P.A., experienced Tampa Chapter 7 bankruptcy attorney Gina Rosato helps individuals and families eliminate crushing debt and regain financial freedom.
What Is Chapter 7 Bankruptcy?
Chapter 7, often called “straight liquidation” or “fresh start” bankruptcy, allows eligible individuals to discharge (wipe out) most unsecured debts. This includes:
- Credit card debt
- Medical bills
- Personal loans
- Old utility bills
- Certain judgments and tax debts (in some cases)
In exchange, a court-appointed trustee may sell non-exempt assets to pay creditors. However, thanks to Florida’s generous bankruptcy exemptions, most people keep all or nearly all of their property — including homes, cars, household goods, and retirement accounts.
Do You Qualify for Chapter 7 Bankruptcy in Florida?
To file Chapter 7, you must pass the Means Test. Here’s how it works:
- Median Income Test — Compare your average household income over the past 6 months to Florida’s median income for your household size.
- If your income is below the median → You usually qualify.
- If your income is above the median → You may still qualify after deducting allowed expenses (the full Means Test).
Other requirements include:
- Completing a credit counseling course before filing
- Not having received a Chapter 7 discharge in the last 8 years
- Passing the residency requirements (lived in Florida for the required period)
Attorney Gina Rosato provides free consultations to determine your eligibility quickly.
The Chapter 7 Bankruptcy Process in Tampa (Step-by-Step)
- Free Consultation — Meet with Gina Rosato to review your debts, income, and goals.
- Credit Counseling — Complete an approved online or phone course (usually 1–2 hours).
- Gather Documents — Income records, tax returns, bills, bank statements, etc.
- File the Petition — Your attorney files with the U.S. Bankruptcy Court (Middle District of Florida).
- Automatic Stay — Creditors must immediately stop all collection calls, lawsuits, wage garnishments, and foreclosure actions.
- 341 Meeting of Creditors — A short meeting (usually 5–10 minutes) with the trustee about 30 days after filing.
- Financial Management Course — Complete a second short debtor education course.
- Discharge — Most cases receive a discharge order in 4–6 months, wiping out qualifying debts.
What Assets Can You Keep in Florida Chapter 7?
Florida offers strong protections:
- Homestead exemption (unlimited equity in your primary residence, with acreage limits)
- Motor vehicle exemption
- Personal property and household goods
- Retirement accounts (401k, IRA, pensions)
- Wages and bank accounts (certain amounts)
In the vast majority of cases filed in Tampa, clients experience “no-asset” bankruptcies and keep everything they own.
Common Questions About Chapter 7 in Tampa
Will I lose my house or car? Usually not. As long as you’re current on payments or can reaffirm the debt, you can keep secured property.
Does Chapter 7 hurt my credit? It stays on your credit report for up to 10 years, but most clients see their scores improve within 1–2 years as they rebuild responsibly.
How much does it cost? Attorney fees and filing fees ($338 court fee) are very affordable, especially compared to years of minimum payments. Payment plans are often available.
Why Choose Gina Rosato Law Firm for Chapter 7 Bankruptcy?
- Local Tampa Expertise — Serving Tampa, Wesley Chapel, St. Petersburg, and all of Hillsborough County.
- Compassionate & Straightforward — Clear guidance without pressure.
- Full-Service Support — Handles everything from filing to discharge.
- Proven Track Record — Helping clients stop creditor harassment and achieve true financial relief.
- Free Initial Consultation — Talk directly with attorney Gina Rosato.
Take the First Step Toward Debt Freedom Today
If you’re drowning in debt and want a fresh start, Chapter 7 bankruptcy could be the solution. Don’t wait until garnishments, lawsuits, or foreclosure make the situation worse.
📞 Call (813) 463-8000 for your free confidential consultation today. 📍 Main Office: 3335 W Bearss Avenue, Tampa, FL 33618
Gina Rosato Law Firm, P.A. — Your trusted Tampa Chapter 7 Bankruptcy Attorney.
