Αποτελέσματα Αναζήτησης
Unsure whether a Chapter 7 bankruptcy or Chapter 13 bankruptcy is right for you? or facing the threat of home foreclosure or property repossession? Speak with our Waco bankruptcy attorney about your situation so we can find the best bankruptcy option for you.
If you are considering bankruptcy, Chapter 7 bankruptcy lawyer Erin Shank can review your situation and help you decide the best option to aggressively address your financial situation. For experienced guidance with your Chapter 7 filing, contact Erin B. Shank at (254) 690-4110 or complete an online form .
In a Chapter 7 bankruptcy, a court-appointed trustee will be assigned to your case to evaluate your debt situation and determine if you have non-exempt assets that can be liquidated to repay your debts. The trustee will sell these assets and distribute the net proceeds to your creditors.
Understanding the Basics of Chapter 7 Bankruptcy. Chapter 7 bankruptcy, also known as “liquidation” bankruptcy, is designed to wipe out most of your unsecured debts, like credit card balances, medical bills, and personal loans. Secured debts, on the other hand, are backed by collateral, such as a car or home.
At our full-service business law firm, our attorneys use their knowledge of commercial litigation, diverse business transactions and tax law to identify solutions for owners contemplating bankruptcy. We have successfully facilitated Chapter 7, Chapter 11 and Chapter 13 filings for a range of business owners.
Sims Bankruptcy Law helps debtors in Dallas Fort Worth, Killeen, and Waco, TX file for Chapter 7 bankruptcy, discharging unsecured debts and halting creditor actions. Call Today For Your Free Consultation
The Means Test must be completed in order to determine whether you qualify for Chapter 7 bankruptcy. This test will determine your current income and expenses, as well as your ability to repay your debts through a Chapter 13 bankruptcy repayment plan.
