Chapter 7 Bankruptcy in Tampa, Florida: A Fresh Start

If you are overwhelmed by credit cards, medical bills, lawsuits, or wage garnishments, Chapter 7 bankruptcy may offer the fresh start you need. For many individuals and families in Tampa and Hillsborough County, Chapter 7 is the fastest and most effective way to eliminate unsecured debt and regain financial stability.

At Mosakowski Law, P.A., we help Tampa residents understand their options and guide them through the Chapter 7 bankruptcy process from start to finish.

What Is Chapter 7 Bankruptcy?

Chapter 7 bankruptcy—often called “liquidation bankruptcy”—is designed to wipe out most unsecured debts, including:

• Credit card debt

• Medical bills

• Personal loans

• Payday loans

• Old utility bills

• Certain judgments and collection accounts

In most Chapter 7 cases, clients keep all of their property because Florida’s bankruptcy exemptions are very generous.

A typical Chapter 7 case lasts about 3–4 months from filing to discharge.

Who Qualifies for Chapter 7 Bankruptcy in Florida?

To file Chapter 7, you must pass the bankruptcy means test, which compares your household income to the Florida median income.

You may qualify if:

• Your income is below the Florida median, or

• Your expenses leave you with little or no disposable income

Even if your income is higher, you may still qualify based on allowable expenses such as housing, car payments, insurance, and family size.

Do not assume you are disqualified without speaking to a Tampa bankruptcy attorney.

Florida Chapter 7 Exemptions: What Can You Keep?

Florida offers some of the strongest bankruptcy protections in the country.

Common Florida exemptions include:

• Homestead – Unlimited equity in your primary residence (with residency requirements)

• Motor vehicle – Up to $1,000 in equity (or more with wildcard)

• Personal property – Up to $1,000

• Wildcard exemption – Up to $4,000 if you do not claim a homestead

• Retirement accounts – 100% protected

• Wages – Head of household protections may apply

Most Chapter 7 filers in Tampa do not lose their car or home.

What Debts Are NOT Discharged in Chapter 7?

While Chapter 7 eliminates most unsecured debt, some obligations usually survive bankruptcy, including:

• Most student loans

• Child support and alimony

• Recent taxes

• Court fines and criminal restitution

That said, bankruptcy can still stop collections on these debts and provide room to breathe.

The Chapter 7 Bankruptcy Process in Tampa

Here’s what to expect when filing Chapter 7 in the Tampa Division of the U.S. Bankruptcy Court:

1. Free consultation with a bankruptcy attorney

2. Credit counseling (online, takes about 30 minutes)

3. Filing the bankruptcy petition

4. Automatic stay stops lawsuits, garnishments, and collections

5. 341 Meeting of Creditors (short, usually by phone or video)

6. Discharge of eligible debts in about 60–90 days

Most clients never step inside a courtroom.

Why Hire a Tampa Chapter 7 Bankruptcy Attorney?

Bankruptcy forms are complex, and mistakes can lead to:

• Case dismissal

• Loss of property

• Delays or denial of discharge

At Mosakowski Law, P.A., we:

• Analyze exemption planning before filing

• Protect your assets to the fullest extent allowed by Florida law

• Handle creditor communication

• Guide you every step of the way

You deserve experienced guidance—not guesswork.

Is Chapter 7 Bankruptcy Right for You?

Chapter 7 may be a good option if:

• You are drowning in unsecured debt

• Creditors are calling or suing you

• Your wages are being garnished

• You need a fast financial reset

The only way to know for sure is to talk with an experienced Tampa bankruptcy lawyer.

Speak With a Tampa Chapter 7 Bankruptcy Attorney Today

If you are considering Chapter 7 bankruptcy in Tampa, contact Mosakowski Law, P.A. for a confidential consultation. We proudly serve clients throughout Tampa, Hillsborough County, and surrounding areas.

Call today or schedule your consultation online to take the first step toward financial freedom.