How To Find The Right Spanish Speaking Attorney For Your Bankruptcy Needs in Dallas Texas
The Spanish Speaking Law Firm focuses on providing affordable, high quality representation for each Hispanic client that desires to achieve a financially solid future. The bankruptcy attorneys at our Spanish Speaking Law Firm have vast experience in protecting individuals from foreclosure, garnishments, repossession and harassing calls from creditors.
When you contact one of our bankruptcy attorneys at our Spanish speaking law Firm, you will meet with a qualified professional who will help evaluate whether bankruptcy is right for you. Our Hispanic attorneys will design a custom plan to suit your unique situation. We value our clients and aim to assist you in eliminating your debt and returning to financial stability. We offer the professionalism of a big law firm with the compassion and personalized service of a small firm.
Cuando la gente habla de declararse en quiebra, usualmente se está refiriendo a la quiebra del Capítulo 7, que permite que usted descargue, o elimine, la mayor parte de las deudas que tiene. En muchos casos, declararse en quiebra bajo el Capítulo 7 es la manera más rápida y fácil de que una persona que debe un montón de deudas vuelva a tener un “inicio fresco” de sus actividades. Siempre que usted sea elegible para el alivio de la quiebra del Capítulo 7, y dependiendo de su situación individual, usted puede llegar a quedar libre de todas las deudas descargables dentro de pocos meses.
Bankruptcy - Should You File Or Not?
So many people are finding themselves looking into bankruptcy chapter 13 as they are in financial troubles that they simply cannot find a way out of. In such types of cases, many people are flocking to file a chapter 13. A chapter 13 is where the courts will take your total claimed debts and find a repayment plan that fits in with what you can realistically afford.
For those who have some money to spend on their creditors each month, but that may not have enough to pay what the creditors want from them, the chapter 13 is the way to go. This type of bankruptcy chapter 13 will allow a person to come through and pay everything they owe but there will be a bad marking on the credit report for going through such a process.
In the end, for those who cannot afford to pay back their creditors any other way, the bad mark due to a chapter 13 on the credit report is worth it. When it comes to such proceedings though, it is important to keep in mind that there is also a chapter 7 instead of chapter 13. This is where the court deems that the person filing truly does not have the means or the capability to pay back the debt through a chapter 13. The reasons behind this could vary and each case is looked at individually. In a chapter 7, unlike the chapter 13, the judge will discharge all of the person's debt and leave them without owing a thing.
So whether it is a chapter 13 or a chapter 7 you should make sure that you are being extremely careful when you start thinking about getting more credit again. Since you can only file each chapter once every seven years, including chapter 13, it is important to make sure that you are not getting in to more trouble. If you over extend yourself again, you may not qualify for either a chapter 13 or 7 again. Bankruptcy chapter 13 or even a chapter 7 is not something that you want to treat lightly so be careful.
Which Bankruptcy To File?
Bankruptcy is little more than a smack on the hand these days. Creditors are certainly not going to look at you as a wise credit risk after bankruptcy, but that will probably not stop them from extending credit to you anyways. It seems a bit odd that consumers appear to be rewarded for skipping out on their debts through bankruptcy.
We would like to think that anyone who files for bankruptcy must really need the relief to be willing to tarnish their credit for up to 10 years. But how many people are simply abusing the system? Obtaining credit cards and other loans knowing up front that they are going to file for bankruptcy. Some people will even keep up the payments for a while to create the illusion that they really had good intentions of paying upon obtaining the credit. Then they laugh to themselves when they file bankruptcy, knowing they got one over on the creditor.
This isn't to say that everyone who has a bankruptcy on their record is going to be irresponsible with credit again. But the harsh reality is, most will. Most people know what they are getting into when they add more and more payments to their monthly plate, but they are looking for instant gratification. Bankruptcy courts wouldn't be so full today if this country wasn't so bent on instant gratification, but bankruptcy is just another form of it, so off to court we go.
Which Bankruptcy Is Right For Me?
Diferentes tipos de quiebra
Hay varios diferentes tipos de quiebra (alrededor de 99% de los casos de quiebra son bajo los Capítulos 7 y 13):
- El Capítulo 7 que se conoce como ‘liquidación’. En realidad en alrededor del 95% de los casos no hay nada que liquidar por el efecto de las exenciones. Su propósito es la liquidación de propiedades no exentas del deudor y pagar deudas hasta donde alcance. Puede ser utilizado por corporaciones y sociedades además de individuos.
- El Capítulo 11 que se conoce como ‘reorganización’ es utilizado por negocios y algunos individuos con un alto volumen de deudas.
- El Capítulo 12 es reservado para agricultores y pescadores. La principal fuente de ingreso tiene que ser de actividad agrícola o pesca.
- El Capítulo 13 que se conoce como ‘ajuste de deudas’. Requiere radicar un plan de pago para el pago de todas o parte de la deuda. Solo para personas naturales con ingresos regulares, no para corporaciones o sociedades.
Los Capítulos 7 y 13 pueden ser radicados por un individuo, y si es casado pueden ambos radicarlo conjuntamente. Si su ingreso es superior al ingreso medio para una familia del tamaño de su familia en su jurisdicción o estado, debe radicar un Capítulo 13. Requiere que se complete un examen de sus medios económicos ("means test") con información detallada sobre sus ingresos y gastos. Si conforme a los "standards" de la ley de quiebra usted tiene la capacidad de pagar al menos parte de sus acreedores sin garantía, la corte de quiebra puede decidir que no puede radicar un Capítulo 7, a menos que existan circunstancias especiales.