Experienced Houston Bankruptcy Attorney Serving You!
Call (713) 714-2999 To Learn About Fast, Affordable Debt Relief.
You do not need to allow debt to destroy your financial life. Your local attorney can assist in becoming debt free to best get you on track for a financially free life both today and tomorrow! So many good families and individuals call a law office only after they have spent months struggling or even a period of years trying to get on track. In many cases, these people could have resolved financial issues months or years earlier in as short a period of time as just weeks or months to get their lives back on track!
Bankruptcy Helps Now:
- Stop Collection Phone Call Harassment.
- Stop Collection Letters.
- Prevent or Fix Bank Garnishments!
- Stop or Prevent Lawsuits!
- Get Rid of Wage Garnishments.
- Stop Evictions, Stop Foreclosures, & Repossessions.
- Stop Home Foreclosure!
- Preserver Your Business.
- Erase Some IRS Debt that is Dischargeable!
- Get Your Sanity Back!
- Sleep At Night Peacefully Without Overwhelming Debt!
Through bankruptcy, you can discharge unsecured debt, such as medical debt, credit cards, and other loans or lines of personal credit in the form of payday and personal loans, and much more.
Questions About Bankruptcy? Call For Free Consultation Today!
The attorney will make things as simple and helpful for you in getting your financial life back on track. You can get started and learn options for your individual situation through a bankruptcy consultation and how filing bankruptcy could solve your financial problems. Call for a complimentary, no-obligation case review. You will quickly discover that the attorney is concerned and cares about your financial security. For this reason, you will be able to discover the best option for your best possible financial outcome.
- Free Case Review Today!
The attorney is available to help you receive immediate relief in whatever way possible and in the most affordable, and best way possible to solve your financial difficulties.
Personalized Attention For Your Situation
Your attorney will help you receive personal attention which has been uniquely tailored for your unique financial situation. What that means for you is that you will be able to have the necessary time for the attorney to learn and consider your financial issues and which legal solutions offer you the best protection for your assets while minimizing your liabilities. You don’t need to be surprised for this reason to hear the simple question: “What problems have got you considering the option of bankruptcy?” Another common way to discover the root issues might be: “What problems are plaguing you financially?” Your answer for these questions brings out basic financial struggles to help the attorney understand what is hurting you and how your financial concerns can be answered and solved moving forward. The attorney will seek to discuss questions regarding your finances such as your debts, your assets, as well as ongoing financial payments and obligations like your income and mortgage payment, auto payment, etc. As the attorney better understands your issues and what is important for you financially, you will receive better customized legal advice to make the best financial decisions to have a bright financial future.
Erase Debt: Brighter Future & A Fresh Start!
Bankruptcy can offer folks the new start they deserve. If you have had debt piled upon you over the years or in one swift event caused by illness or job loss, bankruptcy can offer you the ray of hope that you can move forward and overcome your debt.
Bankruptcy Discharge to Eliminate Debt
The goal of bankruptcy and other financial debt relief is typically based around the elimination of debts. Bankruptcy essentially discharges financial liability for payment of part or all unsecured debts. Regarding secured debts, the debt can be eliminated in a similar way, except that the collateral can be repossessed as a result.
Call Today! For Toll Free, Just Call (800) 922-6500
Get your complimentary, confidential case review by calling to discuss a fresh financial start through bankruptcy. Don’t delay, because immediate relief could be right around the corner for clearing burdens from debt. Call today!
How Often Can You File Bankruptcy?
Bankruptcy is the legal process through which a heavily indebted person can seek the protection of the law from his creditors in order to discharge him from his debt or to afford him the opportunity to restructure the debt in such a way that it will be feasible for him to pay it off. People are usually reluctant to admit that they ought to file for bankruptcy.
Often, they spend several months and even years struggling to make the minimum payments on the various debts they owe. After realizing that they simply cannot dig themselves out of the debt on their own, they turn to the laws of bankruptcy for protection.
There are various reasons for which a person might go bankrupt. The reasons are as varied as the types of debts that a person might have, as well as the people themselves. Sometimes, the bankruptcy could be the fault of the person filing, possibly due to mismanagement or profligacy. On the other hand, bankruptcies are often caused by events that were completely out of the control of the person. Those situations include job loss, accidents or sicknesses requiring a lot in medical fees. In either one of those instances, it is sometimes necessary for a person who has filed for bankruptcy in the past to file for it again, whether under the same chapter or a different one.
The laws that guide the bankruptcy process are contained in the federal bankruptcy code and the bankruptcy laws of the states. This means that although the laws are mostly uniform, there are some differences from state to state, especially when it comes to the items that are exempted from being liquidated under a Chapter 7 bankruptcy.
Technically speaking, there is no minimum period that you will have to wait before filing for bankruptcy after a prior one. When it comes to practice though, the truth is that you will not be given another discharge until after a particular period of time has elapsed. Basically, this means that you can go ahead and file for another bankruptcy as soon as you like, but the court will not grant a discharge if it is done too early.
In the case of successive Chapter 7 bankruptcies, a period of eight year must have pass before the court will deem you eligible to be given another discharge.
If the first discharge was under Chapter 13, you will not be deemed eligible to receive a discharge in any other Chapter 13 case that you file before a period of two years from the date of the first discharge.
Things can become complicated in the event that you file the second Chapter 13 case between two and six years from the first Chapter 13 and the court refuses to confirm the Chapter 13 plan that you have proposed in the second case. Ordinarily, if your plan is not confirmed then you could simply convert to a Chapter 7 case. In this situation however, the rules for a Chapter 7 discharge after a Chapter 13 discharge would take effect and prevent you from getting a discharge in the converted case.
In the event that you are filing the bankruptcies under two different chapters, then the order in which you filed them will be a very important factor in the determination of the subsequent case.
If the initial case was filed under Chapter 13 and the subsequent one is under Chapter 7, a discharge will not be available for you until a period of 6 years has passed after the initial case.
The exceptions to the rule are that:
- You paid all the unsecured creditors in the Chapter 13 in full
- You paid at least 70% of the claims in the Chapter 13 and the plan was proposed in good faith and was your best effort.
In the alternative; if you filed a Chapter 7 case in which discharge was granted, you will not be able to receive a discharge under any Chapter
13 case that is filed within four years from the date that the Chapter 7 was filed.
In order to make sense of the various rules and exceptions that are present in this particular area of bankruptcy law, you will be best served by having the advice of a Lawyer in Houston Texas for bankruptcy who will be able to guide you properly on how best to go about your case, so that you will have the best chance of a successful outcome.
Foreclosure Attorney Protecting Homes, Stopping Foreclosure!
If your home is in danger, the attorney can stop foreclosure, thereby protecting your home. You could be seeking some breathing room in order to catch back up with monthly mortgage loan payments. Foreclosures drastically alter cultural, social, and family landscapes throughout the state. The current recession is being called the great recession causing families throughout the state and country to experience serious financial difficulties including foreclosures at epidemic proportions.
Our Law Offices Can Assist You:
- Erase Debt From Medical Problems
- Catch Up Mortgage Payments
- Stop Home Foreclosure
- Stop Vehicle Repossession
- Protect Valuable Assets
- Remove Bank Levies (Garnishments – Frozen bank accounts)
- Stop Collection Call Harassment
- Begin a “Bright” Future for your Life
Chapter 13 Bankruptcy Catches Up Past-Due Mortgage Payments
Many homeowners have misinformation about bankruptcy from common myths that circulate. A good foreclosure lawyer will help you understand that filing a chpater 13 bankruptcy could be advantageous financially to keep you out from being foreclosed and getting you back in line with monthly mortgage payments.
When filing bankruptcy, a homeowner receives an automatic stay from the court. This is an order forcing your mortgage lender and all creditors and collectors to stop all actions and financial collections. This includes foreclosure as well as repossession, garnishments, any lawsuits, as well as all collection phone calls and letters.
Catch Mortgage Back Up
A homeowner can use ch 13 to get current on mortgage payments. The mortgage arrearages is the amount of of money by which the mortgage is behind and is the amount that must be repaid to bring payments current. If a homeowner is five months behind on payments at an amount of $500 per month, that would total up to $2,500. Add approximately $500 worth of assessed late fees as well as foreclosure fees to arrive at $3,000. This amount can be handled through the repayment plan in a chapter 13 bankruptcy over 60 months, making the catch-up on the mortgage very affordable.
Call For Free Consult & Other Foreclosure Strategies
While most homeowners seek to stay in their home, some choose to move out of their home but need some time. A chapter 7 bankruptcy could buy enough time to let a homeowner get back on their feet financially. This would not require monthly mortgage payments, typically for a period of several months, amounting to a strategic default on the mortgage.
Call Today Regarding Foreclosure
Bankruptcy is powerful, but to stop foreclosure, you must act quickly. Some homeowners erroneously put their trust in mortgage modification law firms who take their money and then eventually tell them that they cannot do anything lasting to keep them in their home without the banks agreeing to the terms. With bankruptcy, the bank does not need to agree if the bankruptcy clearly and correctly provides for catching up the mortgage.
Bright Bankruptcy Firm
4635 Southwest Freeway
Houston, TX 77027