Bankruptcy Needs Meticulous Planning And Legal Brilliance
Getting entangled in bankruptcy needs meticulous planning and legal brilliance in order to ensure that one does not end up in an irreversible mess. As a fully fledged bankruptcy law firm, we know the legal hurdles that you are likely to meet in your quest to have it easy with bankruptcy protection. Most importantly though, we have been around long enough to know exactly how to overcome the hurdles and get the law to work for you instead of against you. For more than 25 years, thousands of people from Texas have benefitted a lot from our expertise in handling cases of dallas bankruptcy and we can proudly say that our services have been exemplary.
You do not have to panic. All you have to do is to either visit any of our offices in Dallas, Southlake, Arlington and Fort Worth to get to meet our professional and brilliant attorneys who take pride in delivering the very best of results for their clients. Alternatively, you can give us a call or engage with any of our attorneys who are available for a live chat online throughout the week. For those filing in Texas, the provisions of Chapter 7, Chapter 11 and Chapter 13 are most commonly used to help you with the battle to win your bankruptcy protection case.
It is however very important to get a lawyer who will advice you on the best way to go about it and which Chapter to file under. It is also worth noting that you can apply a combination of federal laws and Texas state laws as appropriate to work in your favor. Under Chapter 13, we can help you negotiate for favorable payment options spread over a period of between 36 months and 60 months. This cushions you from the pressure of having to surrender some of your most valuable possession to your creditors.
In addition, it also gives you a chance to offset some of your unsecured debts. However, the downturn of that is that you may end up losing your credit rating on top of facing restrictions from new sources of finance. The best part about living in Texas is that your house is usually out of question when it comes to settling bankruptcy issues. You can therefore be assured that the home you currently stay in will be safe from the prying eyes of creditors regardless of how cheap or expensive it is.
With the right kind of legal representation, you can also save your vehicle from creditors by obtaining an Automatic Stay. Alternatively, you can have your balance reduced by using “bankruptcy cram-down” to only pay the balance worked out from the actual value of your vehicle and not the loaned amount. All that and more security of your property can only be possible if you get the best bankruptcy attorneys in the state. Reach out to us and we will be ready to help.