Chapter 13 bankruptcy Dallas

How To Prepare For Your Bankruptcy?

Call: 888-297-6203 When an individual find themselves swimming in debt, it is then that they realize that bankruptcy is the only available option.  There is a list of do's and don'ts that you need to follow if you are planning to file for bankruptcy. 1) Don'ts If you think you might file for bankruptcy, never incur a new debt before filing. It might get difficult to discharge a debt that you might incur just before filing. Filing bankruptcy before a repossession or a foreclosure is a better option. Failing to do so might result in permanent loss of [...]

2025-08-08T05:40:27+00:00

How To Get A Good Start In Your Chapter 13 Bankruptcy Case

Call: 888-297-6203 Chapter 13 bankruptcy is also known as a reorganization bankruptcy. In a reorganization bankruptcy, you can keep all of your properties and repay some of the debt following a structured repayment plan showing how you are going to do so from your disposable income, typically over 3-5 years. Tips on getting a good start when filing for a chapter 13 reorganization bankruptcy case-   When is the right time to file (at the start of the month or end)?  The first three months are very crucial for the bankruptcy proceedings. Try filing for chapter 13 in the [...]

2025-08-25T09:48:00+00:00

Everything You Wanted To Know About Bankruptcy Debt Discharge

Call: 888-297-6203 Before filing for bankruptcy, it is important to learn a few things about it. Individuals filing for bankruptcy get a discharge order which removes their personal liability for certain debts. Once a debt is discharged, the creditor cannot indulge in collection actions for the same. However, if the debt is secured by a lien, the creditor can recover the property secured by it. Unfortunately, not all debts are discharged in bankruptcy. The discharge timing depends on the chapter of bankruptcy. Usually, in the case of chapter 7, the discharge is granted around 3-6 months of petition [...]

2023-06-27T06:06:46+00:00

When Is A Bankruptcy Case Over?

Call: 888-297-6203 Bankruptcy is used to get rid of your debts. However, lawyers of Dallas based law firm say, bankruptcy does not end when you get your discharge. The case is not officially over till the court enters a final order for the same. Until the case is officially closed, you need to cooperate with the bankruptcy trustee to resolve the issues. What is the difference between entering the discharge and closing of the bankruptcy case? When a discharge is entered in the bankruptcy case, your personal liabilities for the debts included in your bankruptcy case are wiped [...]

2025-08-25T11:31:00+00:00

Is Medical Debt Dischargeable In A Bankruptcy Case?

Call: 888-297-6203 Medical debts are dischargeable when it comes to a bankruptcy case. In chapter 7 all of your medical and credit card debt is discharged and in chapter 13 most of your medical debts are discharged and the rest of the amount you will have to repay is the plan made. Filing for chapter 7 bankruptcy for medical debt. When it comes to chapter 7 all medical debts are dischargeable and it has no limits, as there is no repayment plan set to repay some of the debts. But you will need to pass the chapter 7 [...]

2023-05-29T13:27:09+00:00

Is Filing For Bankruptcy A Good Idea?

Call: 888-297-6203 People struggling with financial problems are often at their wit’s end and file for bankruptcy. While bankruptcy is an excellent way to get rid of your debts, it is important to weigh your options before filing for bankruptcy. There can be several situations when bankruptcy filing may not be of much help to you. Two of the most common bankruptcy chapters are chapter 7 (liquidation of assets) and chapter 13 (repaying debts through a 3-5 years repayment plan). Though both take different ways to reduce your financial burden, they affect your credit report and future lifestyle. [...]

2023-05-30T13:10:48+00:00

What Happens In Chapter 7 Bankruptcy?

Call: 888-297-6203 If you struggle with debt and find it difficult to keep your creditors off your back, filing for Chapter 7 bankruptcy is an excellent option. However, though you get rid of your debts, the bankruptcy chapter also results in you losing some of your property. The bankruptcy trustee can liquidate your non-exempt property to pay your unsecured creditors. The only silver lining to the process is that you will not lose all your property. This is primarily because bankruptcy is a way for people struggling with debts to get a new financial start. As a result, [...]

2025-08-25T12:40:18+00:00

Chapter 13 Bankruptcy All That You Need To Know

Call: 888-297-6203 1) Difference between Chapter 7 and Chapter 13 Chapter 13 is a plan to repay your creditors it helps you make monthly installments and pay back your creditors within a 3 to 5 year time. While chapter 7 on the other hand is for debt elimination. Filing for chapter 13 can also get you rid of parking tickets and tollway violations. Also if you have too many assets, you cannot qualify for chapter 7. So filing for chapter 13 is the best option. 2) Cost and Documents Chapter 7 has a court fee of $310. Apart [...]

2025-08-25T12:37:14+00:00

Personal Bankruptcy

Call: 888-297-6203 Let us know how declaring bankruptcy might solve your problems. Personal bankruptcy aims at providing individuals with a fresh financial start. Collection Activity is stopped by Personal Bankruptcy Once a Bankruptcy is filed, an automatic stay is an order that is issued by the court. This order prohibits creditors from contacting you, it can stop your house from being sold at an auction, or an employer from deducting your wages and so far. It will also stop all lawsuits at the moment. Even though it may be temporary, like in a situation where a lender asks [...]

2025-08-25T12:39:31+00:00

Can Bankruptcy Affect Your Job Prospects?

Call: 888-297-6203 Filing for bankruptcy does give a new fresh start and gives immediate debt relief but it comes with a price. If you file for personal bankruptcy it does not affect your current job but in prospects, it might but by only a little specifically in the private sector. But stopping just because of the fear does not work, there are laws protecting you from discrimination, and giving you the opportunities like everybody else. Will your employer find out about your bankruptcy case?  According to the law, it is not necessary to inform your employer and in [...]

2023-05-29T13:24:26+00:00
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