chapter 7 bankruptcy Dallas

Most Commonly Asked Bankruptcy Questions

Call: 888-297-6203 Despite bankruptcy being one of the best ways to get a fresh financial start, the numerous social stigmas attached to it make it difficult for people to go ahead with it. Since bankruptcy becomes public record and stays on your credit report for a duration of 7-10 years, your financial failures can hold you back many times in the future. However, that is no reason to let go of a chance to get rid of your numerous debts and make a fresh financial start. According to Dallas based bankruptcy law firm Recovery Law Group, most people [...]

2025-08-11T09:37:50+00:00
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Know More About Bankruptcy Exemptions

Call: 888-297-6203 When in doubt consult bankruptcy lawyers, is a popular saying. It is of extreme importance, especially in the case of bankruptcy. With so many myths surrounding bankruptcy, it is obvious that people who are struggling with debts are bound to be confused. A bankruptcy filer’s assets and debts are their most important concern, say lawyers of Dallas based bankruptcy law firm Recovery Law Group. What happens to both depends on the chapter of bankruptcy chosen by the bankruptcy filer. Individual debtors have the option of filing under Chapter 7 or Chapter 13 bankruptcy. Both these chapters [...]

2021-12-06T07:44:20+00:00
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Can You Save Your Vehicle in Bankruptcy?

Call: 888-297-6203 Filing for bankruptcy is probably the last resort people opt for concerning the ill effects it has on a person’s credit score. Even after they have decided that bankruptcy is probably the only way, they can get rid of the huge mountain of debt that has been crushing them for a long time, their major concern is that they might end up losing their property. Well, Dallas based bankruptcy law firm Recovery Law Group, informs that losing property during bankruptcy is not a common occurrence. With various exemptions in place, people can protect their property. Fear [...]

2019-09-27T11:14:25+00:00
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Proof of Claim – How Creditors Get Paid in Bankruptcy

Call: 888-297-6203 Bankruptcy has been one of the best tools to get rid of debt. Many people across the country regularly benefit from it. However, a point of concern is that, are the creditors always in a loss when any person files for bankruptcy? If that would have been the case, say Dallas based bankruptcy law firm Recovery Law Group lawyers, objections would have been raised against the entire process. Creditors get paid during bankruptcy, be it Chapter 7 (liquidation of assets) or Chapter 13 (repayment plan). They are assured of payment if they prepare and file a [...]

2025-08-12T11:14:50+00:00
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Bankruptcy Options Available for Small Business Owners

Call: 888-297-6203 Not just individuals, but small business owners can also face issues when it comes to handling finances. In case there are financial issues plaguing a business which cannot be managed easily, the owner might have to take the hardest decision ever; filing for bankruptcy to get relief from debt. If you are left with no other option except filing for bankruptcy, it is important that you hire the services of experienced lawyers to handle your case. You can seek consultation with bankruptcy attorneys by calling 888-297-6023. Lawyers of Dallas based bankruptcy law firm Recovery Law Group, [...]

2025-08-11T09:45:22+00:00
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Filing for Bankruptcy? Know Your State Specific Requirements

Call: 888-297-6203 When you find no other way out of the huge financial mess, bankruptcy might be an excellent option to get rid of your debts. However, it is important to understand that despite bankruptcy being governed by federal laws, it is not the same in every state. Apart from federal laws, state rules and regulations are also equally important, say lawyers of Dallas based bankruptcy law firm Recovery Law Group. It is therefore vital that you hire attorneys who are well versed with the state laws regarding bankruptcy as well as the exemptions provided during the process. [...]

2019-09-25T11:38:31+00:00
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How to Handle Creditors’ Claims in Bankruptcy?

Call: 888-297-6203 Often people who have been neck-deep in debt find bankruptcy the best possible way to get rid of their loans and make a fresh financial start. Having an attorney to guide you through the process is essential in this case, as the legal terms, as well as the procedure, is complicated for people. For seeking consultation with bankruptcy attorneys, you can call 888-297-6023. Most of the times, people are aware of their debts; the amount and the creditors alike. Usually, when people are under lots of debts, the possibility of losing assets exists. This is true, [...]

2025-08-11T06:57:00+00:00
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Should You File for Bankruptcy Before or After Foreclosure?

Call: 888-297-6203 Bad situations such as a sudden job loss or any unexpected medical expenses may result in you going under a huge amount of debt. For a person who owns a home, the major concern is what will happen to their home. Being behind mortgage payments can send the creditor towards foreclosing on your property. One of the best ways out of this situation is to file for bankruptcy, suggest Los Angeles based bankruptcy law firm Recovery Law Group lawyers. However, once you decide that bankruptcy is the answer to your problems, the big question is whether to [...]

2025-08-11T09:47:39+00:00
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Forms to Fill When Filing for Bankruptcy

Call: 888-297-6203 Financial instability can be quite frustrating. However, once you have come to realise that bankruptcy is the best way out of this problem, you can direct your energies towards getting your debts discharged. You will be surprised to know that there are numerous forms that need to be filled if you wish to seek a discharge of your debts. Additionally, say lawyers of Dallas based bankruptcy law firm Recovery Law Group, since bankruptcy laws differ from state to state, it is important to consider the state requirements while filing bankruptcy papers. Moreover, since bankruptcy also involves [...]

2025-08-11T09:48:21+00:00
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Exemptions in Bankruptcy

Call: 888-297-6203 Bankruptcy is a legal way to get rid of huge amounts of debts that have been bogging you down. Since the purpose of the procedure is to provide the filer with a fresh economic start, certain exemptions are given by the state and federal government. As per Dallas based bankruptcy law firm Recovery Law Group, these exemptions include home, vehicle, personal belongings, retirement plans, tools of the trade, etc. The unsecured creditors cannot stake a claim on this exempted property. The amount of exemption varies from state to state. These exemptions allow a bankruptcy filer some [...]

2025-08-11T09:14:02+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.