Arlington, Texas Bankruptcy Lawyers
There are several Arlington, TX bankruptcy lawyers to choose from, but look no further than Brandy Austin Law Firm. We are a law firm that deals with several areas of law, including:
Family law; and
Listed above are just a few different areas we work in, among several others. If you are in need of a bankruptcy lawyer Arlington, TX offers you Brandy Austin Law Firm. Our staff is composed of 10 different members who are committed, experienced, and are passionate about this line of work. We are Arlington, TX bankruptcy lawyers you can call on to review your case and decide if you are in need of an attorney.
Bankruptcy is something no one thinks they will have to experience and may seem like an impossible circumstance to face. With the help of our bankruptcy lawyers in Arlington, it is a circumstance you can get through. There are several different types of bankruptcy, but the two most common are chapters 7 and 13.
Chapter 7: This is the most common type of bankruptcy filed in the United States. In layman’s terms, Arlington, TX bankruptcy lawyers can help you through this process and may help you retain enough money to achieve a fresh start in your life. Chapter 7 bankruptcy wipes out most of your debts, and there is no option for a repayment plan as there is when filing for Chapter 13. Though the court could appoint the individual a trustee who will sell your assets, most Chapter 7 cases are no-asset cases. This means that property is not taken away from the individual because it is usually worth so little. In this case it is not helpful to sell since there would be little profit.
Chapter 13: Though this is more expensive than chapter 7, it offers the individual a repayment plan. A repayment plan means that the individual will pay back all or most of their debts within 3-5 years. As long as you make your payments, and the court is aware of your decision, the creditors will not harass you about your debts for the time being.
We also work with individuals who have filed for chapter 11 and 12 bankruptcy. Chapter 11 is for individuals and companies who have a very large debt, and chapter 12 deals with farmer and fishermen and their families. Our Arlington, TX bankruptcy lawyers can help you through any form of bankruptcy, so stop by our office today.
Choose Brandy Austin Law Firm
Our staff understands the difficulty and fear filing for bankruptcy can bring. Our job is to take some of that stress off of your shoulders and walk you through this process. Whether you are individually filing for bankruptcy or filing as a company, our team of experienced and determined attorneys are going to be there for you from the beginning to the end. This is not an ordeal that has to change your life for good, it is only for a moment.
We can help you to understand this and can try to make your life a little more stress-free. Give us a call today or stop by our office talk to one of our Arlington, TX bankruptcy lawyers and see what we can do for you.