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How Does Paying Your Orlando Bankruptcy Lawyer Work?

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Most Orlando bankruptcy lawyers who have been doing this kind of work for any amount of time know that they have to have options for bankruptcy clients in order to help them pay. As mentioned above, that often means flat fees and payment plans that ease the pain of yet another bill.

But things are even more clearly defined in chapter 7 bankruptcy cases. There is an order of priority for how bills will be paid and to whom.

Speak with an experienced Florida attorney at our firm today.
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An Orlando Bankruptcy Lawyer Explains the Order of Priority

The order of priority is actually fairly simple. All it does is break down the people you owe money to into different categories so that certain types of debts will be paid first out of the available money that you have.

Bankruptcy Administration Fees. In order to file for bankruptcy, you need to pay for things like witness fees, trustee’s fees, referee’s fees, clerk’s fees… and a reasonable attorney’s fee. Because of this, any money that you have will first go to paying off these debts. Basically, your bankruptcy attorney is protected no matter what because they are one of the first people who gets paid under the law.

Secured creditors. Are you financing your car? Do you have a mortgage on your house? The second tier of people who get paid off fall into those categories for chapter 7 bankruptcy. It should be noted, though, that courts often try to pay these kinds of creditors at the same time that attorneys get their money in an attempt to avoid conflict.

Unsecured debts. This is a wide range of debts that can include everything from taxes to credit card payments to alimony. Technically, credit cards actually come last because everything has priority over them.

Orlando Bankruptcy Lawyer: Know the Order of Priority

Knowing the order of priority can be quite valuable if there is a particular debt that you want to make sure gets paid off. In the same way that we ask for payment before filing, you can work to pay down that specific debt before declaring bankruptcy. All of this is complicated and may have legal ramifications, however, so your best bet before doing anything is to speak with an Orlando bankruptcy lawyer.

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The Orlando divorce lawyers at TK Law are deeply committed to the individuals and families they serve. We are here to help you resolve each legal concern so you can regain control and move forward with your life. You will also have a steadfast, accomplished advocate in your corner to fight for what matters most if a dispute goes to trial.

We know how overwhelming conflict can be and how painful it is to see a marriage end. We will guide you through this difficult process before, during and after your divorce.

Contact our offices today to schedule a confidential consultation with one or our family law attorneys, or call us at 855-572-6376.

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Roy P.
Mar. 2024
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Gastell and Kayla were awesome! They helped me make it through a very challenging time in my life with kindness and compassion. They were always available to answer my questions and kept me up to date. Their counsel was extremely helpful in aiding a resolution that I am very satisfied with.
Carmen D.
Mar. 2024
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I give this law firm a 5 star. Ray and Janelise helped us with our probate issue and made the process a lot easier for us to finalized all of it. We're very thankful to this law office and recommend them for any legal issues.Thank you Janelisse and Ray and the entire office .
Alysia T.
Jan. 2024
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I am thankful to Janelise and Kayla at TK Law for a fantastic job. Kayla guided me through every step of my divorce process. She is patient, professional, and honest. I highly recommend them!
Chris O.
Dec. 2023
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This was first experience hiring a law firm and I am very happy that I hired TK Law. My attorney Janelise and Paralegal Kayla were kind, knowledgeable and made the process easy. They were quick to respond when I needed revisions to my document and the final outcome was perfect. If I ever need legal help in the future, I will not hesitate to contact TK Law again.

*Top-rating from clients and award publications such as Orlando Weekly, US News & more.​

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We offer payment plans, accept credit cards, are available for evening appointments and our main office is conveniently located right off of I-4, between 436 and 434. For immediate help call: 407-834-4847.

Disclaimer

The information found here is for general information purposes only. Nothing on this site should be taken as legal advice for any situation or individual case. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.

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Phone: 407-834-4847
999 Douglas Ave #3333, Altamonte Springs, FL 32714

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Orange & Seminole County, Florida.

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