There are two main objectives of consumer bankruptcy. The first is to give debtors a fresh start, and the second is to pay the creditors as much as possible from the debtor's bankruptcy estate without causing a heavy burden on the debtor.
Chapter 7 Bankruptcy is a liquidation bankruptcy designed to wipe out your general unsecured debts such as credits cards or medical bills. To qualify for a Chapter 7 Bankruptcy you must meet certain financial thresholds that leave you with little to no disposable income. However, if you make too much money to qualify for a Chapter 7 Bankruptcy you may be forced into a Chapter 13.
Chapter 13 Bankruptcy is a reorganization bankruptcy which is designed for debtors with regular income who can pay back at least a portion of their debts through a court approved repayment plan. In this form of bankruptcy you get to keep all of your assets whether they are exempt or nonexempt. In exchange, you pay back all or a portion of your debts through a repayment plan, which must be feasible and approved by the Trustee.
Call today with questions about Bankruptcy. (832) 305-7694.
You may have a claim against someone who has harmed you or your property. Does someone owe you money? We can help.
We can also defend you in the event that you find yourself involved in a lawsuit. Don't be intimidated by someone who has filed a claim against you. Let us review the matter, and you may find that you have an even stronger counterclaim against them.
Call today! (832) 305-7694.
Don't put off protecting the inheritance you've spent a lifetime building for your family. Come speak to an attorney about drafting a will, or you may have a loved one who has passed away and left you in charge of settling their affairs. Call today! (832) 305-7694.
Most renters have never read or fully understood their residential or commercial leases, and this misunderstanding can lead to costly consequences. For example, most people believe that, because they are not charged a late fee until say the 5th day of the month, that their rent isn't actually due until the 5th day of the month. This is usually untrue, and the lease is usually pretty clear that the rent is actually due "on or before the 1st day of the month."
Tenants also tend to believe that simply telling your landlord about a problem with your rental unit is enough to protect your rights, but if you read your lease carefully, a request for repairs probably requires that request to be made in writing before it is legally actionable.
What does this mean? It means that real estate matters are often much more complicated than we image, and you need the help of someone who knows enough about the Texas Property Code to win.
Call today! (832) 305-7694.
Many people have some amount of credit card debt. The problem comes when a credit card bill or some other loan goes unpaid for so long that the creditor company sends the matter to collection. What do you do if you are being harassed with phone calls from debt collectors or if you've been sued?
Our solution involves investigating the debt collector's claim against you. You'd be surprised how often debt collectors are unable or unwilling to take a debt case to trial. They sue so often because most people will not put up a fight, but if the lawsuit is dismissed, and the statute of limitations passes, that debt is barred by state law. Imagine thousands of dollars of debt simply evaporating.
In fact, we sue debt collectors who bring invalid claims. Call today for us to evaluate your case! (832) 305-7694.