Bankruptcy Attorney Serving Crowley, Texas

Chapter 7 Bankruptcy

Credit Card Debt

Depending on your level of income and the types of debts you have, Chapter 7 bankruptcy may be your best choice. Chapter 7 is advantageous for individuals and families who are overwhelmed by credit card debt, medical bills, and other "unsecured" debts. Chapter 7 can completely eliminate and discharge most types of unsecured debt. When debtors are able to qualify for Chapter 7 (a determination generally based on income), the bankruptcy laws allow the debtors to keep property and eliminate debts... providing individuals and families with a true fresh start. Note that certain debts cannot be eliminated by filing for Chapter 7 bankruptcy, so it is important to discuss your situation with a bankruptcy attorney so you can understand all of your options. 

Chapter 13 Bankruptcy

Individuals and families who are on the verge of losing a house to foreclosure can use Chapter 13 bankruptcy to save their property (this also includes vehicles that have been repossessed). Chapter 13 allows debtors to resolve their debts in a 3 to 5 year plan. Chapter 13 Bankruptcy allows homeowners to resume their monthly house or vehicle payments while simultaneously "curing" any missed payments in the plan. In addition, a Chapter 13 bankruptcy plan may also include all other debts including credit card and medical bills thereby allowing the debtor to achieve a complete financial overhaul. If you are in danger of losing your house or car, don't hesitate to consult with a lawyer about your options. Chapter 13 may be the right solution for your situation.

Free Bankruptcy Consultation

Bankruptcy consultation

Should you file for Chapter 7 or Chapter 13? Maybe bankruptcy isn't the best option given your circumstances? Individuals and families in Texas have a number of options. Call our office today. We'll take the time to review your situation and explain your choices, including the pros and cons of each.

Call (817) 766-7818 today.