Straight Bankruptcy Vs Foreclosure - What's the Difference?

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1 SPECIAL REPORT 2014 Welcome and thank you for taking the time to request this information package. I want you to read this first, before you read the remainder of my materials for a personal reason. I truly want to help you change your life. I ve rarely given out information like this in the past, but I feel that it s essential to bring this to your attention. Now, I am going to ask you a favor, I want you to give me your undivided attention for the next 25 minutes. It is vital to your family s future. So lock the door, grab a cup of coffee, unplug your phone and read every single word. My goal is to provide you with good, honest information about what bankruptcy is and what it can do for you. You have just taken a step in a journey that I hope we can share together. My name is Robert Peters, I ve been practicing law since Prior to starting Florida State University as an undergrad, I was in the United States Air Force where I got to see the world and serve my country. I majored in accounting and real estate at Florida State University and earned a bachelors degree in I worked for Price Waterhouse as a CPA until law school in I graduated from Florida State University College of Law with high honors. I have been married for 19 years and have 3 children and a Boxer. My law practice focuses on consumer bankruptcy and foreclosure defense. Most of my clients are concerned about problems with creditors, potential lawsuits and how an adverse judgment will affect their family s future. I find this work interesting and challenging because it requires knowledge and integration of several different areas of law including creditor rights, bankruptcy law, tax law, estate planning, real estate and understanding of human nature. I feel a sense of accomplishment whenever I help my clients through a difficult financial period in their lives. I provide most legal services on a fixed-fee basis so clients know their legal cost in advance. The most rewarding aspect of being an attorney is helping people restart their lives after enduring financial hardship.

2 I handle hundreds of bankruptcies in Florida each year. I am a member of the National Association of Consumer Bankruptcy Attorneys and the America National Bankruptcy Institute. In other words, I know what I am doing! To maintain my expertise, I continue to educate myself, staying on top of the latest trends and developments in bankruptcy law so that I can provide unparalleled service to my clients. I selected bankruptcy law because so many people s lives are affected by unexpected events that have devastating effects on their finances. What we understand about human nature is that many people in crisis become so overwhelmed that they go into a state of denial. Our goal is to help people address their problems by showing them there is a light at the end of the tunnel. You don t have to teeter on the precipice, wondering how you re going to pay your mortgage and car payment. You don t have to decide whether you re going to skip getting your prescriptions filled so you can pay your credit card bills. You don t have to wonder how you re going to put food on the table for your children. You don t have to deal with aggressive, belligerent, unsympathetic bill collectors who are too stupid to realize that they are only a paycheck or two away from being in the same situation that you re in. If you are facing any of this, I can help you I will help you Restart Your Life. Unfortunately, the system is against the little guy. It s against people like you who are simply trying to get by and take care of their families. It s against people who don t have a lot of money and resources. But I am here for you. I want to be your advocate. I want to be your partner and your confidante as you navigate through the storm of debt that is drowning you. I ll fight your battles with your creditors for you, and I will help you get the fresh start you deserve. Keep in mind, though, that for us to become a team, you ve got to be serious about finding a solution to your financial problems. That means that you ve got to work with me by answering all of my questions honestly and by giving me all the paperwork and documentation that I request from you. You have got to make a commitment to be responsive to my calls, just as I will commit to being responsive to yours. You ve got to commit to doing what I advise you to do, knowing that I have only your best interests in mind. You can t listen to your Uncle Louie when he tells you what happened to him when he filed bankruptcy in Alaska, and you can t listen to your co-worker when he tells you that his situation was just like yours, and he couldn t file bankruptcy. Remember that no two bankruptcy cases are the same. Everyone s facts and circumstances and temperament are different. Therefore, no one can tell you what to expect, other than an experienced bankruptcy attorney. So, I m going to require that you to listen to me and me alone. After all, I have the experience to help you, and I m committed to working on your behalf to get you the best possible outcome under the circumstances.

3 I have helped hundreds of families, just like yours, keep their homes, get their cars back from repossession, stop their wages from being garnished and get the monkey off their back. What about you? Would you like to stop a wage garnishment? A foreclosure? Or protect your checking account from a judgment? How about stopping your car from being repossessed? Many of the ads that you read talk about getting rid of debts. Quite often these ads are speaking about straight bankruptcy. I want to discuss the difference between bankruptcies- Chapter 7, straight bankruptcy, and Chapter 13-also referred to as bill consolidation. Straight bankruptcy, or chapter 7 of the United States Federal Bankruptcy Code, allows you to discharge, which means get rid of and not pay back, debts, bills, and financial obligations and keep almost everything you own. Often you pay back very little and keep all of your property. Straight bankruptcy, in most instances, gives a family or a single adult, the chance to start again without the real burden of bills. Straight bankruptcy allows you to have a fresh start and even to buy property again. Did you know that many people do straight bankruptcy, chapter 7, and keep their home, car, furniture, and cash in the bank. Well they do! It s a federal law and it s their right. Let s talk a little about some of these statements. A lot of people come into the office and say Gee my mom or dad told me if I did a bankruptcy, I would never be able to buy a home again and in the old days, that might have been true. But todays it s not. You will have to save up a little bit of cash again, but you CAN buy property again, in as little as two years. Many people also say to me, What about a car, I m not going to be able to get a car again Well that s not true because when you do a bankruptcy, you get rid of all the debts. And, if you have a job, you are an excellent risk to the car lender and it gives the lender an opportunity for the lender to maybe charge you a little bit more interest for a little more money down. But he knows that you are not going to do a bankruptcy again for quite some time. On credit cards, people will say, Gee, I m not going to get a credit card ever again Not True. We will give you a list of banks that you can open a savings account, and they will hold that savings account as collateral and they ll give you a Visa or MasterCard. That s called a secured card and that s where you start. You make your card payment; make your visa payment, now you can cash checks. After one year of established credit, conventional lenders, that s banks and

4 lenders, will consider you for a loan, after 2 years the FHA, that s the federal government, will consider you for a low interest house loan, and that s basically how it works. There s a lot of information that you really need to have about bankruptcy to fully understand it. But basically, it was created because people shouldn t have to suffer. In fact, there is so much information that I have written and published several books so you can review the material in the comfort of your home. The first book is called, Myths, Secrets and the Truth and Bankruptcy in Florida. The second book is called the Florida Foreclosure Survival Guide and it helps you navigate the storm of a foreclosure lawsuit. The third book is on Social Security Disability, how it works and the keys to getting the benefits you deserve even if you have been denied. I also wrote another book on Credit Repair for after you file bankruptcy to help get you back on your feet. These books are yours free, just for taking action, and making a request. You will want to read through these books before hiring any bankruptcy attorney, including me. Even if you decide to not come in for a consultation, or if you do not meet our selection criteria, we don t accept every case. The information is yours to keep, absolutely free, for taking the time to research your bankruptcy needs. Once you have reviewed my books, you will see that I have explained this in much more detail. So, you can have a car, a home, you can have a credit card, but what does bankruptcy do to your credit report? Well, your credit report probably doesn t look too good to begin with. But at least it stops the aging process. In other words, those things that are two months, or three months, or four months will never get any older than that, and that s going to look good for you. If they are real old, you might as well get rid of them and start fresh with a straight bankruptcy if you can. But all of this is explained in my information package you received. The thing that I want to remember is it stops the aging process and that s important because when the aging process stops, the worst that your credit report will look is the day we filed your case. There are other alternatives to straight bankruptcy. Instead of a chapter 7, let me tell you about a chapter 13, also known as reorganization or bill consolidation. Now, a chapter 13 is not for everyone. People who are usually not suited for this form of reorganization of their debts have some steady income from a job or Social Security, they have a positive monthly income flow which means they have a little money left over each month. If you are behind and feel like you are slowly sinking deeper and deeper into debt this is an excellent opportunity to reorganize all of your bills into one, low monthly payment and save your home. Now I m not talking about a loan. Let me repeat what I am telling you about is a federal law, not a loan, and it requires your creditors to take less money monthly over a longer period of time. It is a powerful law because it carries the weight of the US government behind it. It s powerful, and because

5 it s the federal government, large corporations, banks, finance companies, credit card companies, skip tracers, repo men, and collectors all realize that under this form of debt reorganization you have the federal government behind you and most scare tactics stop quickly. When you start this process, on your very first day, all of your bill collectors can be referred by you to our office. We then handle all threatening phone calls and letters for you from your creditors from that day forward. Most importantly for you that means that you will have peace of mind. It also does a lot more. Filing your case, stops foreclosure. It stops wage garnishments. It stops the repossession of autos, trucks, RVs, and motorcycles. It stops nasty calls. It stops interest, penalties, and late charges on credit card accounts, taxes, and other loans. It stops harassment for back child support. It even stops the mighty IRS for goodness sakes! Would you like to pay back your student loans in the next 3-5 years, well you can. The first step is to read every page of my books. The next step is to come in for your free consultation. We will give you the facts. Now, I would like you to really pay attention to the next couple of sentences. Because I really believe that they may change your life. You can lump almost every bill you have into one low payment and a majority of the time, creditors are powerless to do anything about it. They must accept your payback plan, whether they like it or not. How fast can you start? Well that s easy, simple go to and click on contact us form. Fill out the form to the best of your ability, and press the submit button. A representative from my office will immediately contact you to arrange for a free consultation appointment. Or you can call our office directly, at (Jacksonville); (Fernandina Beach) or (Jacksonville Beach). After we ve explained everything to you in detail, you can sign up and start the ball rolling immediately. We ll open a file for you right away which allows us to refer all creditors to us the very same day. We accept payments while providing you with fast and safe protection. Our fees are regulated by the US bankruptcy court. They are reasonable, honest, and fair. If you came into our office today, and said that you were behind on your house payments, and that your house was going to be sold in a foreclosure, that you are behind in your car payments and the repo man is out looking for your car, and they are thinking about garnishing your wages and you have $15,000-$20,000 in delinquent credit card bills or medical bills, we might say WOW! But we will still say, that s no problem, we can handle that. The only condition is that you have a simple source of income. What do we mean by that? A job. A retirement check. Some kind of money that comes in that takes care of your living expenses. Now we are talking about food, utilities and living expenses, not bills. And then after you pay your living expenses, you have a little bit of money left over and we can usual squeeze that into your repayment plan. You see, it s a formula, that s how it works. If you owe

6 back child support, or your wages are being garnished right now, still no problem. If you are concerned about a judgment or other financial situation, 95% of the time, we can help. The difference between getting pushed around, being angry, and losing sleep is doing something positive about your situation. Be in control of your life and force the bill collectors to call someone else, and get protection fast. We have helped hundreds of families just like yours in the Northeast Florida area. We also have offices located in Fernandina Beach, Jacksonville (San Marco area) and Jacksonville Beach. For your free consultation, go to our website, click on the contact us form or call (Jacksonville); (Fernandina Beach) or (Jacksonville Beach) right now. Don t wait. We re going to give you more information than you ever thought possible about the options you have. Many people just sit back and they think they have no options when it comes to the bank or when it comes to a legal document coming in the mail. But the reality is, you have many options. It s just that no one has taken the time to explain to you. We have people come in, sit down, and talk with us and leave knowing they have a way out of their money problems. We have women that are crying, men that grab our hand with both of their hands and say God Bless You! and I ll tell you what, it makes us feel terrific. The information is honest, it s the federal law, and its sincere. We re good at this, in fact, I am the best at this. You have already taken the first step by requesting this information packet. Now don t wait. Go to our website or call (Jacksonville); (Fernandina Beach) or (Jacksonville Beach) and make an appointment. It s free so come on in and talk to us. If you can listen we can show you how to handle your bills and probably make you feel pretty good about things. Again for a free consultation go to or call (Jacksonville) (Fernandina Beach) or (Jacksonville Beach). Now remember, don t give in. It is defiantly important to know all of your options. You may have many more options than you realize. Read all of the information, then read it again. Jot down your questions then call and come in for your free consultation. Thank you for taking the time to review this information and we look forward to meeting you in person. Robert Peters