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
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. If you are struggling to make ends meet and can no longer keep up with your incoming bills, you may be thinking about filing for bankruptcy. When considering bankruptcy, it is important to ensure that you have access to accurate information about the process because a great deal of misinformation persists online and throughout popular culture. On the one hand, bankruptcy is sometimes treated as a “catch all” solution to financial difficulty, when in reality it is a legal and financial tool that works best when individuals and families are struggling with certain kinds of circumstances. On the other hand, bankruptcy is also often treated as a process to be avoided at all costs, when in reality it is significantly beneficial and should be seriously considered by some Americans. Answering the question “Should I file for bankruptcy?” is a personal process and should be approached with care and focused intention. Thankfully, you do not have to seek the answer to this question alone. An Arlington, Texas chapter 7 bankruptcy lawyer is here to advise you of your options and help to ensure that your decisions are informed. There Is Help And Hope For A Bright Future And A New Start Filing for bankruptcy can give debtors the ability to finally experience relief from debts that have been the center of a significant amount of stress and anxiety. There are two primary forms of bankruptcy that a debtor may choose from: Chapter 7 or Chapter 13. It’s important to carefully evaluate your specific situation with an Arlington, Texas Chapter 7 bankruptcy attorney to determine the proper chapter to file. Chapter 7 bankruptcy—or a liquidation bankruptcy—can provide those struggling with debt the opportunity to have a fresh start. When initiating Chapter 7 bankruptcy proceedings, debtors may have a number of questions for their Chapter 7 bankruptcy attorney in Arlington, TX. Chapter 7 Bankruptcy: The Basics The main benefit associated with filing for Chapter 7 bankruptcy involves the discharge of certain kinds of debt. Instead of remaining compelled to pay off debts owed, those who file for Chapter 7 will have certain debts erased from their responsibilities. This legal tool provides an excellent opportunity for individuals and families to get out from underneath the weight of certain crushing debts. However, Chapter 7 is not the best option for everyone. For starters, this process will not eliminate outstanding child support debt and will almost certainly not eliminate student loan debt. In addition, filing for this particular kind of bankruptcy will compel individuals and families to sell off certain assets to meet their obligations before the discharge process can be finalized. For this reason (in addition to many others) some Americans choose to file Chapter 13 bankruptcy or choose to explore other debt management options with their attorneys Bankruptcy Assistance Is Available If you have questions or concerns about the bankruptcy process, please consider scheduling a consultation with an Arlington, TX chapter 7 bankruptcy lawyer. So many misconceptions exist in American culture about bankruptcy and other debt relief options that it is important to consult an experienced professional before committing to a debt relief strategy. In addition, a staggering number of scams designed to take advantage of economically vulnerable individuals and families plague Americans, so it is important to consult a licensed attorney before signing any debt relief agreements. When you speak with an attorney, you are not compelled to commit to any legal action whatsoever. Scheduling a consultation simply helps to ensure that your decisions are informed and that, should you decide to take any legal action, you have access to the kind of experienced, professional support you need right now. Consultations are confidential, so please do not hesitate to speak with an attorney about the bankruptcy process at your earliest convenience. What is Chapter 7 bankruptcy? Chapter 7 bankruptcy can provide debtors with relief from their financial obligations. In many situations, qualified debtors have the ability to file for Chapter 7 bankruptcy in order to discharge most of their debts. Once a person has filed for bankruptcy, the automatic stay takes effect. As a result, all actions being taken by your creditors to collect a debt must come to a stop. Chapter 7 bankruptcy is fairly a quick process. Most can expect to reach a conclusion within about 4 months. When pursuing Chapter 7 bankruptcy, debtors will need to:- Speak with a bankruptcy attorney
- Complete debt counseling
- Pass the means test
- File the appropriate documents with the court
- A vehicle with equity
- Valuable belongings
- Jewelry
- Clothing
- Investments
- Medical bills
- Credit cards
- Personal loans
Client Review
“I was VERY satisfied with my experience with Larry, from Brandy Austin Law firm, he worked with me to settle the matter quickly and efficiently. He was professional but also sensitive to the situation. Thank you so much!”
Mali Weekley
