Chapter 7 Bankruptcy for Individuals and Businesses
If your personal debts have become overwhelming, or your business is too deep in debt to continue operating, I am a lawyer well-prepared to help you determine whether you can and should file Chapter 7 bankruptcy.
In more than 25 years of practicing bankruptcy law, including experience as a court-appointed trustee, I have guided many people through the legal processes required to get badly needed debt relief. In the Plano, Texas, area and surrounding communities throughout Collin, Denton or Dallas County, you can call on me for sound legal counsel.
The Most Straightforward Approach to Debt Relief
For most individuals seeking debt relief and protection from creditors, Chapter 7 bankruptcy is the preferred method. Although changes in federal law made in 2005 created new requirements, many people who could have filed Chapter 7 before those changes can still file today.
If you pass a means test that considers your debts, current income and other factors, Chapter 7 bankruptcy may provide:
- Discharge of many or all of your unsecured debts, such as credit card debts and medical bills
- Dependable legal protection against creditors via an automatic stay, including an end to wage garnishments and prevention of judgments against you
It is important to talk with a skilled attorney as you consider this major decision for your family or business. I can answer all your questions about the process, including which assets you will be able to keep and what your filing will cost. If Chapter 7 is not an option for you, we can evaluate Chapter 13 bankruptcy and other possible solutions.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.