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Is it About Time You Spoke with an Experienced Houston Bankruptcy Lawyer?

Have you been considering filing for Bankruptcy? Do you live in or around the Houston, Texas area? Do you owe your creditors more than you can reasonably pay back? If so, then it might be time to contact an experienced Houston bankruptcy attorney to go over your options.

Contact a Houston bankruptcy attorney by filling out the questionnaire on the left. Merely filling out the form creates no obligation on your part.

Houston has seen boom times and bust. Its energy industry made it the fastest growing city in the nation during the 1970s, and hard times during the 1980s halted that boom time growth. The 21st Century has brought prosperity and security to Houston and we top the charts once again as an economic and population growth area. Like the city that we call home, many of our residents also experience lean times which can halt their own opportunity for growth and development.

Bankruptcy May Provide You With A Solution

Fortunately there are options for individuals and families facing a debt crisis. When financial trouble threatens to ruin your livelihood and security, bankruptcy can offer you tools to recover. There are multiple methods of repayment available to debtors, and for many individuals, the option of bankruptcy can make a dramatic difference in the quality of their lives. If you have been thinking about declaring bankruptcy, and wish to know more, contact an Houston bankruptcy attorney today to discuss whether bankruptcy is a viable option for you and your family. There are experienced bankruptcy attorneys in the Houston, Texas area who are looking forward to helping you.

No matter what type of bankruptcy lawyer you may be looking for, there is an Houston bankruptcy lawyer who is right for you. Fill out the form today and one of the appropriate attorneys will contact you: Houston chapter 11 bankruptcy lawyer, Houston chapter 7 bankruptcy lawyer, Houston chapter 13 bankruptcy lawyer, or an Houston chapter 12 bankruptcy lawyer.

Is Bankruptcy the Right Solution for Your Financial Troubles?

It depends on your specific case. Some debts cannot be discharged in bankruptcy. Different Bankruptcy filings can have different consequences on your financial health down the road. An Houston bankruptcy attorney can go over your specific case with you to determine: first; if bankruptcy is right of you, and second; which type of bankruptcy is right for you.

What is Bankruptcy?

Bankruptcy is a legal process that allows the debtor (the person in debt) to discharge (get rid of) or repay some or all of their debts under the protection of federal law. Generally, there are two types of bankruptcies: liquidation and reorganization. Chapter 7 refers to liquidation bankruptcy, while Chapter 13 refers to re-organization of debt for consumers. Neither type of bankruptcy is preferred over the other; each person’s situation depends on the particular facts of their own case.

There are other types of bankruptcy, such as chapter 11 bankruptcy and chapter 12 bankruptcy. Chapter 11 bankruptcy is namely designed for businesses who wish to reorganize their debt. Chapter 12 bankruptcy is for farmers and fishermen. To learn more, you can discuss the matter with a experienced Houston chapter 11 bankruptcy attorney or an experienced Houston chapter 12 bankruptcy attorney.

What can an Houston Bankruptcy lawyer potentially do for you?

1. Stop Harassing Calls from Collection Agencies: experienced Houston bankruptcy attorneys know how put a halt to calls from local collection agencies.
2. Determine which chapter of bankruptcy is best for you: Your Houston Bankruptcy lawyer will review your financial situation and suggest the possible types of bankruptcy you qualify for and how to implement the process.
3. Protect your Property: Despite a widely held myth, a person filing for bankruptcy does not automatically lose all their property and belongings. Your attorney can show you what property is “exempted” from being taken by creditors.
4. Filing your bankruptcy case and getting a discharge: As long as Houston has been your residence for the required period of time, your bankruptcy case can be filed in the local court.

How can bankruptcy help you?

Whether you ride a helicopter to work as an offshore roughneck, or you wear a suit on your way to One Shell Plaza an unexpected change in earnings can take an economic and social toll. Calls from collection agencies and threats of foreclosure can make it tough to sleep at night not only for you but for your spouse and children as well. The boom time trips that you once made to shops at the Galleria can feel like an anchor around your neck as you struggle to pay for groceries at Wal-Mart. Depleting your retirement savings to pay high interest rates and back payments can feel like trying to empty the Gulf of Mexico with a sand pail. When financial ruin is imminent, bankruptcy can protect particular assets so that you can pick up the pieces of your life and return to a happy and productive lifestyle. It can return security to your family so that you can concentrate on building it instead of saving it. Consult an experienced bankruptcy attorney from the Houston area today and see how you can start rebuilding your life today.

Helpful things to do:

Mortgages and Foreclosures
Know how much your property is worth. People often consider bankruptcy because they are behind on their mortgage payments and possibly face foreclosure. Check with local realtors to learn what your property may be worth.

Medical Bills
Keep records of your medical bills. Contact the local Houston area hospitals where you may have outstanding debts.

Loss of Income
Gather paperwork documenting your income. Contact your local IRS office if needed.
You may need to contact your local employer.

Overwhelming Debt
Credit card debt can play a significant role in bankruptcy cases. The minimum payments on credit cards often cripple families and individuals. Call your local bank and credit card companies to get a breakdown of all your debt.

You’re Not Alone. Learn as Much as You Can.

Ask your attorney about things like what is a: "short sale," "foreclosure," "underwater mortgage," "reaffirmation agreement," "exemptions," and "discharge”. Ask questions like "should I do a chapter 7 or chapter 13?" and "will I pass the means test?" and "will I lose my house/car/property?". Lastly, ask your attorney whether bankruptcy is even right for you.

RESOURCES

Houston Collection Agencies

Houston Realtors

Houston Banks

Houston Bankruptcy Lawyers Serving clients throughout Southeastern Texas, including Aldine, Baytown, Bellaire, Beaumont, Channelview, Cloverleaf, Conroe, Deer Park, Friendswood, Galena Park, Galveston, Hedwig Village, Highlands, Hilshire Village, Humble, Jacinto City, Katy, League City, Magnolia, Mission Bend, Missouri City, Pasadena, Pearland, Porter, Sealy, South Houston, Spring Valley, Stafford, The Meadows, The Woodlands, Waller, West University, and other communities in Fort Bend County, Harris County, and Montgomery County.