Chapter 7 Bankruptcy Lawyer Arlington TX
If you’re in need of a Chapter 7 bankruptcy lawyer Arlington TX trusts, contact Brandy Austin Law Firm, PLLC. Deciding whether to file bankruptcy is difficult. You probably have many questions — yet you do not know who to talk to or where to turn for help. Overwhelming debt can take its toll on your family, your health and your job. In many families, excessive medical bills are the major reason for filing.
There Is Help And Hope For A Bright Future And A New Start
Filing for bankruptcy under what is known as Chapter 7 provides for the complete discharge, or elimination, of many debts. We are empathetic listeners and strong advocates for our clients going through a bankruptcy.
As a top Chapter 7 bankruptcy lawyer Arlington TX offers can attest, one of the most common concerns people have is whether they will lose their family home in bankruptcy. People are also worried about money they have saved for retirement. Our experienced attorneys will explain your options after learning about your situation.
Filing a Chapter 7 bankruptcy can help with debt from:
- Medical bills
- Credit cards
- Personal loans
For the most part, federal law governs bankruptcy. Individual states sometimes limit the types of debts that can be discharged or “forgiven” by bankruptcy, such as student loan debt or certain taxes. Chapter 7 refers to one of several bankruptcy procedures available to individuals and businesses under the U.S. Bankruptcy Code.
Will You Qualify For a Chapter 7 Bankruptcy?
As an experienced Chapter 7 bankruptcy lawyer Arlington TX provides can explain in detail, Chapter 7 discharge is not a right for which everyone qualifies. However, most people experiencing financial distress will meet the requirements to file for Chapter 7. Bankruptcy laws require those filing for Chapter 7 protections submit proof of their income. You may qualify for Chapter 7 if your income is below the median income level for Texas, If your income is higher than the Texas median level, you may be required to undergo means testing. Brandy Austin Law Firm, PLLC provides means testing for all bankruptcy clients. As a Chapter 7 bankruptcy lawyer Arlington TX looks to for guidance, means testing can be done prior to becoming a bankruptcy client at a reduced rate.
Do I Have To Take A Financial Class to File Chapter 7 Bankruptcy?
The short answer is yes. But it isn’t as bad as you think! You’re required to take a personal financial management class. Classes take less than an afternoon and extremely affordable – just like our rates. There are only a few exceptions to this rule — if there are no courses available in your district, if you’re on active military duty, or if you have a verifiable disability that prevents you from attending the course. As a Chapter 7 bankruptcy lawyer Arlington TX looks to for guidance can tell you, many are actually online and easy to complete. The goal of a Chapter 7 bankruptcy is to clean your slate and get you into a position to be financially successful in the future. Financial management classes help you reach that goal.
We Can Help With Chapter 7 Bankruptcy And Debt Liquidation
To understand if Chapter 7 bankruptcy is appropriate for your situation, contact our experienced bankruptcy lawyers for guidance. Our Chapter 7 bankruptcy lawyer Arlington TX believes in offers free consultations to anyone considering bankruptcy. We can help you through the process – from start to finish. Bankruptcy will give you a new start in your life and allow you to move forward without the financial stress you have been living with. You are not alone.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. Call a Chapter 7 bankruptcy lawyer Arlington TX counts on at 800-958-4948 to arrange a free consultation