Best Top Spanish Speaking Bankruptcy Lawyer in Fort Worth Texas
If you are reading this, then you are probably struggling with debt, and looking for answers to your problems. Get immediate debt relief by speaking with an attorney at our firm. You can discharge debt, stop creditor harassment and get started on the path to freedom from all of your financial worries. Speak with a Fort Worth Texas bankruptcy lawyer at our law firm about your options.
Our law firm is a trusted and tested bankruptcy law firm in Fort Worth , serving residents of the Fort Worth TX area for close to 30 years.
Because of the narrow scope of bankruptcy courts, it is a highly recommended that anyone seeking this form of legal debt relief seek the advice of a competent bankruptcy attorney. This offers a number of distinct advantages for the debtor, among them being that hiring the right bankruptcy attorney will give you valuable insight to how the court in your district operates, in addition to, having worked with the employees of the court in the past.
Over these years, we have helped Fort Worth residents:
- Keep their homes
- Keep their cars
- Stop harassment
- Stop lawsuits
- Stop wage garnishment
- Unfreeze bank accounts
- Discharge debt
A fin de declararse en quiebra bajo el Capítulo 7, usted debe presentar una petición ante su tribunal de quiebras local, junto con varias de las formas que se requieren donde se listen sus ingresos, sus activos, deudas y gastos para vivir. En consecuencia, es necesario proporcionar a su abogado en quiebras una imagen clara y detallada de todos sus asuntos financieros. Si usted tiene principalmente deudas del consumidor, tal como las originadas por las tarjetas de crédito, el tribunal de quiebras requerirá que se someta a una asesoría de crédito con una agencia aprobada, antes de declararse en quiebra. Usted puede declararse en quiebra bajo el Capítulo 7, en forma individual o conjuntamente con su cónyuge.
¿Cuáles son las exenciones de bancarrota?
El capítulo 13
En el Capítulo 13 usted pagará un plan de pago por un período de tres a cinco años el que dependerá entre otras cosas de los ingresos recibidos en su hogar y las gastos familiares y de los criterios establecidos en la ley. Mediante este plan usted puede pagar atrasos de sus préstamos hipotecarios y de auto y las deudas que no se liberan en una quiebra. Lo más importante de este capítulo es que le permite retener su propiedad de mayor valor al permitido en un Capitulo 7 por no estar exenta, por ejemplo, su hogar y su automóvil si su ingreso le permite pagar este exceso de valor dentro del plan. Usted tiene que tener ingreso suficiente para cubrir sus necesidades y pagar los pagos requeridos según vencen. Si tiene préstamo hipotecario tiene que continuar con los pagos prospectivos, el banco hipotecario está obligado a aceptar los pagos y cobrar el atraso acumulado en el plan de pago.
Debe considerar utilizar el Capítulo 13 cuando:
- Usted es dueño(a) de su hogar y hay peligro de perderlo por dificultades económicas.
- Está atrasado en los pagos pero puede pagar si se le permite algún tiempo.
- Tiene propiedad de valor que no está exenta pero puede pagar a sus acreedores con su ingreso si se le da el tiempo.
- Interesa proteger codeudores (puede ser el jefe en su trabajo o un amigo o familiar cercano).
- Cuando entenda que hay otras razones importantes, debe obtener ayuda o consejo profesional.
Which Bankruptcy Is Best?
Financial stresses and strains can be hard on a person or a family. When bills get tight, the stress levels in a home reach epic proportions. It is during these times when a person or family begins to think about filing for bankruptcy. But, deciding to file for bankruptcy comes with a lot of additional financial strain that can last up to 10 years. Before filing for bankruptcy a person must take many factors into consideration.
o Can you get out of debt on your own? This is the first question that needs to be asked. If the debt is so overwhelming that the person will be unable to pay their way out of the creditor obligations they have created, bankruptcy may be a choice. Before filing, a careful look should be taken at the total financial picture. Are there cars that can be traded in for a lower payment? Can the home be refinanced for a lower mortgage? Are there higher paying jobs that will add to the financial income of the household?
Filing for bankruptcy means all debts owed to credits will be discharged if the filing is turned in the favor of the persons involved. The best choice before filing for bankruptcy is to take a careful look at what the alternative options are and trying to work out the debt owed with the creditors. If filing for bankruptcy is the best choice for you and / or your family, finding a great bankruptcy lawyer can make the process a bit easier to handle and stress free.
Which Bankruptcy Is Better To File?
The world of corporate bankruptcy law can be complex and intimidating. Don't let confusion get in the way of making the best decisions for your company: read on to get answers to the most commonly asked corporate bankruptcy questions.
Q. What is bankruptcy?
A. When a business has financial liabilities that exceed their assets or is unable to meet financial obligations, that company is insolvent-unable to pay their creditors, the company must come to an agreement with their creditors regarding payment or file for bankruptcy protection. This judicial solution gives the courts the power to settle the company's debts. Bankruptcy proceedings can be initiated by the debtor or by the creditor (called an involuntary bankruptcy). Filing a bankruptcy petition affects all of your creditors including:
- Secured creditors (those with a lien on your property)
- Unsecured creditors (vendors, credit card companies and others without a security interest in your property
- Judgment creditors (creditors who have sued and obtained a judgment against the debtor prior to the bankruptcy filing)
- Creditors with super priority claims (those with priority over other creditors because of special rules within the bankruptcy)
- Creditors with administrative claims (creditors such as accountants or lawyers with priority because of their assistance in the bankruptcy filing)
A. Filing a bankruptcy petition simply starts a legal proceeding, with no guarantees regarding the outcome. That is to say, the debtor will present evidence of its insolvency, but there is no guarantee that the court will declare them bankrupt. This statutory process gives creditors and other parties the opportunity to challenge the debtor's allegations and object to the relief being sought by the debtor.
While it may be surprising that creditors are willing to participate in business workouts, they're more likely to receive greater compensation for their debts if your company does not file for bankruptcy. Using an alternative to corporate bankruptcy proceedings benefits creditors as well as the debtor, because some, or even most, of the debt will not be repaid under a bankruptcy proceeding. Secured debt, unsecured debt, and tax debts can all be resolved as a part of a workout. For additional information about business bankruptcies and your company, contact your area bankruptcy lawyers.