bankruptcy attorney Dallas

Chapter 7 Bankruptcy Overview

Call: 888-297-6203 Chapter 7 bankruptcy is usually preferred by people who cannot pay back the debts they owe. However, there are certain restrictions regarding who can file for this chapter of bankruptcy. Individuals whose gross income is lower than the state's median income can qualify for this bankruptcy chapter. There are other ways also for individuals to qualify for this chapter. Suppose your income is high, but paying monthly debts leaves you with an amount that cannot be used to repay the creditors through the Chapter 13 plan. Then you might qualify for Chapter 7. If you have [...]

2023-04-14T08:32:50+00:00
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Chapter 11 Bankruptcy Plan Of Reorganization Explained

Call: 888-297-6203 Debtors looking forward to reorganizing their debts while keeping their assets can opt for chapter 11 bankruptcy, say lawyers of Los Angeles based law firm. Through the reorganization plan, the debtor informs how the creditors will be paid within the stipulated timeframe. The plan needs to be accepted by creditors and approved by the court before being implemented. Chapter 11 bankruptcy This chapter is generally used by businesses or individuals with high net worth. When bankruptcy is filed under chapter 11, an automatic stay prevents all collection actions against you. You can continue to run your [...]

2023-03-30T13:29:55+00:00
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Know The Difference Between Personal And Corporate Bankruptcy

Call: 888-297-6203 Bankruptcy can be the perfect way to get rid of personal and business debt and emerge with a clean financial slate. However, lawyers of Dallas based law firm say that personal and business bankruptcy have different chapters and rules. Personal bankruptcy Personal bankruptcy can be filed under chapter 7 or chapter 13. While chapter 7 is for people who have little to no income and cannot afford to pay back their debts, chapter 13 is for people with regular income. Such individuals repay their debt through a payment plan. Generally, individuals filing for chapter 7 bankruptcy [...]

2023-04-14T08:34:02+00:00
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Circumstances In Which You Are Personally Liable For Corporate Debt

Call: 888-297-6203 There are situations in which the owner of a corporation or LLC might become personally liable for debts owed by the business. In that case, they need to file for personal bankruptcy rather than business bankruptcy advise lawyers of Dallas based bankruptcy law firm. Here are the situations which might lead to this situation: Signing personal guarantee An LLC is formed to restrict the owner’s personal liability for business related obligation. Usually, corporate shareholders and LLC members are not personally liable for business debts. However, most suppliers, banks, etc. do not extend credit without a personal [...]

2023-04-14T08:31:03+00:00
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Fate Of Real Estate Investment In Bankruptcy

Call: 888-297-6203 Personal bankruptcy can be filed under chapter 7 or chapter 13. The fate of investment property depends on which chapter you file under. In case of chapter 7, any property which is not protected by exemptions can be liquidated by the trustee and the proceeds distributed between unsecured creditors. In chapter 13, you can even keep your non-exempt property if you pay for it through the 3-5 years repayment plan. Dallas based law firm explains what happens to real estate investment in different chapters. Real estate in chapter 7 Any property that is protected through exemptions [...]

2023-04-14T08:26:25+00:00
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Get A Wonderful Personal Bankruptcy Lawyer In Glendale, Arizona To Be Debt-Free

Call: 888-297-6203 In case you are having a problem with regular cash flow for your household expenses and this has caused many arguments with your spouse, it is time to take stock of the situation. Are you heavily under debt and unable to pay it back? Do you fear losing your home car or property due to foreclosure or repossession? Is your child’s future in danger? If your answer is yes to any of these questions, it is time to seek the help of experts. What you need is a debt consolidation or bankruptcy expert law firm in [...]

2023-04-11T09:59:41+00:00
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You Can Get Debt Relief When You Hire An Individual Bankruptcy Lawyer In Tucson, Arizona

Call: 888-297-6203 If the constant squabbles you are having with your spouse are due to money problems, you need to take stock. Are you spending more than usual? Are you earning less than earlier? Are you wasting money unnecessarily or are you under heavy debt? If you have been falling behind on your debt payments, you are in more trouble than you thought. There are chances that you might end up losing your home, car or other possessions to creditors. If you do not want this to happen, you need to look for experienced bankruptcy lawyers in Tucson, [...]

2023-04-10T13:18:56+00:00
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Do You Want To Hire A Bankruptcy Lawyer In Sahuarita, Arizona? Read This…

Call: 888-297-6203 Your kids are not just the apple of your eyes, they are your future too. For your kids, you need to make everything perfect. Thus, if you are facing any monetary problems or having creditors knocking on your door which is resulting in constant squabbles with your partner, then you need to get help from bankruptcy lawyers. To get your life back on track and get rid of your debts, you need to find an experienced bankruptcy lawyer in Sahuarita, Arizona. However, since there might be several bankruptcy attorneys working in the area, finding one can [...]

2023-04-10T13:47:19+00:00
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Get Tips To Hire A Personal Bankruptcy Lawyer In Apache Junction, Arizona

Call: 888-297-6203 Money problems can ruin your family’s life. It can rip apart the love and affection that exists in your family and this can cause you to have sleepless nights. One of the most practical and reasonable ways to escape this situation is to seek the support from an experienced and professionally qualified lawyer who specializes in handling debt consolidation and personal bankruptcy cases. There are several lawyers in Apache Junction, Arizona who are experienced enough to help you, but choosing one from a list of many can be difficult unless you have assistance available. Find consumer [...]

2023-04-10T13:21:50+00:00
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Try These Techniques To Hire A Consumer Bankruptcy Lawyer In Prescott, Arizona

Call: 888-297-6203 Constant bickering with your spouse, endless fear of the creditors, along with the uncertainty of your future can cause you sleepless nights. If you are familiar with the situation, you need to seek professional help. The situation could be worse if you fear to lose your vehicle, home, or other possessions to foreclosure or repossession. Though the future might look grim now, everything is not lost. An excellent local law firm in Prescott, Arizona that specializes in personal bankruptcy or debt consolidation can be the game-changer for you. If you wish to find an experienced bankruptcy [...]

2023-04-10T13:13:32+00:00
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We are a debt relief agency. We help people file bankruptcy petitions to obtain relief under the bankruptcy code.